How Much Does Auto Insurance Cost for Unemployed Drivers in Oregon?

Performance level and cost of the vehicle to be insured is probably the largest consideration when comparison shopping for cheap car insurance for unemployed drivers. Vehicles with lots of horsepower, poor safety ratings, or high incidents of liability claims will cost significantly more to insure than safer, lower-performance models.

The data below presents coverage costs for a selection of the more afforable vehicles to buy coverage for.

Data based on married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Oregon minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, multi-vehicle, and safe-driver. Table data does not factor in specific garaging location which can increase or decrease insurance rates considerably.

Premium data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Oregon minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, multi-vehicle, and homeowner. Table data does not factor in specific location information which can change coverage prices noticeably.

Premium data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Oregon minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, safe-driver, and claim-free. Rate information does not factor in specific location information which can increase or decrease insurance rates greatly.

When shopping for car insurance for the unemployed, one of the many considerations that helps car insurance companies calculate the price of your policy is where you live in Oregon. Larger areas like Gresham, Lake Oswego, and Woodburn tend to have higher auto insurance costs, whereas areas with less congestion enjoy lower car insurance rates.

The table below ranks the most expensive cities in Oregon for unemployed drivers to purchase auto insurance in.

Information shown are estimated as the specific Oregon residence address can raise or lower insurance rates greatly.

How much more does full coverage cost in Oregon?

Finding cheap insurance for unemployed drivers in Oregon is probably important to the majority of vehicle owners, and one of the easiest ways to buy cheaper insurance is to only buy liability coverage. The information below visualizes the comparison of insurance rates with full phyical damage coverage and with liability coverage only. The premiums are based on no accidents, no driving violations, $1,000 deductibles, drivers are not married, and no additional discounts are factored in.

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If we average the cost for ages 20 through 70, comp and collision coverage costs $1,791 per year more than just buying liability insurance. That is a significant amount which raises the question when is it safe to stop buying full coverage. There isn’t a written rule of when to exclude comprehensive and collision coverage on your policy, but there is a guideline you can use. If the yearly cost of full coverage is more than 10% of the settlement you would receive from your company, the it may be a good time to stop paying for full coverage.

Oregon insurance company ratings

Selecting a high-quality auto insurance provider can be rather challenging considering how many companies sell insurance in Oregon. The information shown next can help you select which providers you want to consider when looking for cheaper rates.

The ratings below are only comprised of major nationwide insurance companies, so smaller regional companies will not be included in this list. If you wish to compare prices and find cheaper insurance for unemployed drivers, follow this link.

Top 10 Large Car Insurance Companies in Oregon Ranked by Customer Service

1. GEICO
2. State Farm
3. The Hartford
4. The General
5. Progressive
6. Allstate
7. American Family
8. AAA Insurance
9. Nationwide
10. Travelers

Top 10 Large Car Insurance Companies in Oregon Ranked by Claims Service

1. State Farm
2. Esurance
3. AAA Insurance
4. Liberty Mutual
5. Progressive
6. GEICO
7. Allstate
8. The Hartford
9. The General
10. Travelers

Who has the cheapest insurance quotes for the unemployed?

Drivers have many ways to purchase insurance in Oregon, but the most preferred ways are from an independent insurance agent, an exclusive insurance agent such as Allstate or Liberty Mutual, or direct online or over the phone from a company like Progressive or Geico.

You can use whichever you prefer, but insurance shoppers should know the differences in how they give price quotes.

Independent insurance agencies write for multiple companies and can provide price quotes from all of them. These types of agents can quote with many companies and provide multiple price quotes, which may provide you with the best chance of saving money. If a cheaper rate is found, you can get a different policy and you don’t have to find a new agent.

An exclusive agent is limited to one company, examples being State Farm and Auto-Owners agents. This type of agents cannot give you multiple price quotes, so keep that in mind.

The last way is buying direct, which means you bypass local insurance agents and instead shop direct either online or via phone. Shopping for insurance direct may be good for people who do not need advice for asset protection and have knowledge of what coverages, limits, and deductibles they need.

When shopping for insurance, which way works best for finding cheap insurance for unemployed drivers in Oregon? We’d like to say shopping direct results in the cheapest rates since there is no middleman, but in reality, that is not the case. It could also be said using an independent agent is the best way to go because they can quote many companies, but that is not necessarily true either. In many circumstances, exclusive agents have extremely competitive rates well below independent agents AND direct companies.

Due to the fact that insurance rates vary so much, the best way to ensure you are not overpaying is to get quotes and compare. Experts recommend getting rate quotes from independent agents, exclusive agents, and direct companies in order to have the best selection to choose from. For a list of companies with online discounts, click here to view.