Best Cheap Car Insurance for Hybrid Vehicles in Oregon

The vehicle you are seeking coverage for is a large factor in finding the best car insurance for hybrid vehicles. Vehicles with higher performance, a lack of modern safety features, or a history of substantial liability claims will cost much more to insure than safer, lower-performance models. The next table showcases auto insurance costs for a handful of the most budget-friendly automobiles to buy insurance for.

Prices based on single female driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Oregon minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, homeowner, and multi-policy. Information does not factor in Oregon location which can change auto insurance rates greatly.

Based upon the rates shown, vehicles like the Chevrolet Traverse, Toyota Prius, and Honda CR-V should be some of the cheapest vehicles to insure for hybrids.

Figuring out which companies have the most affordable insurance rates for hybrid vehicles takes a little more work than just picking a company at random. Each auto insurer used slightly different criteria to determine rates, so let’s take a look at the insurance companies that tend to be cheaper in Oregon.

We do need to point out that Oregon insurance rates are calculated based on many things which can substantially decrease or increase your annual premium. Simply improving your credit, buying a home instead of renting, or having an at-fault accident can trigger changes in premium that can make some companies cheaper in comparison to the competition.

Cheap Insurance Rates for Hybrids

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Grange normally has some of the cheapest car insurance rates in Oregon at around $687 a year. Oregon Mutual, Country, Travelers, and USAA would also make the list of some of the lowest-priced Oregon car insurance companies.

In the above example, if you currently buy coverage from Travelers and switched to Oregon Mutual, you might see annual savings of about $99. Drivers with USAA could save as much as $117 a year, and State Farm insureds might cut rates by $187 a year.

Remember that these estimates are averaged across all insureds and vehicles and are not factoring in a price discount for hybrid vehicles. So the car insurance company that fits your situation best may not even be shown in the company chart above. That helps illustrate why you need to get rate quotes from many companies using your own specific driver and vehicle information.

When shopping for the cheapest auto insurance for hybrids, one of the many components that is looked at to help calculate auto insurance rates is where you keep your vehicle in Oregon. Areas with high crime rates or more dense population like Gresham, Beaverton, and Oregon City tend to have higher rates, whereas areas with fewer weather claims and lower vehicle theft rates have the luxury of the best cheap car insurance for hybrid vehicles in Oregon.

The next table displays the highest-priced places in Oregon for hybrid vehicles in which to purchase auto insurance.

Rate quotes are approximated as specific location information can revise premium rates noticeably.

The illustration below highlights how deductible selection can impact insurance rates when trying to find cheap insurance for hybrid vehicles. The information is based on a married male driver, full physical damage coverage, and no other discounts are factored in.

A 30-year-old driver could lower their policy premium by $342 a year by increasing from a $100 deductible up to a $500 deductible, or save $518 by changing to a $1,000 deductible. Young drivers, such as the Age 20 example, have the ability to save as much as $1,038 or more by choosing a higher deductible. When increasing deductibles, it will be necessary to have plenty of money set aside to be able to cover the extra out-of-pocket expense, which is the primary disadvantage of high deductibles.

Choosing the highest-rated company can be challenging considering how many companies sell insurance in Oregon. The rank data listed below can help you pick which auto insurers to look at when comparing rate quotes.

These ratings include companies that insure vehicles nationwide, so companies that have a smaller presence are not included in this list. To compare rates and find the cheapest rates for hybrid vehicles, just click here.

Which car insurance company is best?

If you’re looking for the best auto insurance, the first places to look would be Allstate, Geico, State Farm, and Progressive. If you put them all together, they insure almost half of the car insurance market in the United States. The next table shows some of the different options and features that may be available in Oregon.