The best cheap car insurance companies in Eugene, Oregon are USAA, Geico, Progressive, Travelers, Nationwide and State Farm, based on Bankrate’s analysis of the largest insurance companies by market share operating in Oregon. It is not only a legal requirement for Eugene, but it is also an important part of your financial plan.
The average cost of full coverage car insurance in Eugene is $1,231 per year. This is less than Oregon’s average premium for full coverage of $1,346, but it is still important to consider finding affordable car insurance for budget-conscious Oregon drivers. Bankrate might be able to help you find the right company and coverage that suits your needs.
The best car insurance companies near Eugene
Our research shows that USAA, Geico and Progressive are the top-rated car insurance companies in Eugene. Quadrant Information Services provided us with average premium information to help us choose the best company in the city. After analysing the rates, we looked at each company’s coverages and discounts as well as policy features.
USAA
USAA is not a good option for all drivers as it offers auto coverage only to veterans, military personnel, and their immediate families. USAA is a great option if you are eligible for coverage and want to receive excellent customer service. J.D. consistently rates USAA as a top-rated company for customer satisfaction. Although Power is not eligible to be ranked by J.D., it consistently scores high customer satisfaction scores from J.D. USAA offers discounts to make rates more affordable and offers some optional coverages that may suit your insurance needs such as ridesharing and accident forgiveness.
Geico
Geico offers a simple and intuitive digital policy management platform. The company’s mobile app has over 2.8 million reviews on the App Store and still has a rating of 4.8 out of 5.0. You can view your ID cards, make a claim, and call for roadside assistance. Geico’s digital services tools have earned it the top spot in 2021 J.D. The Service category was covered by the Power U.S. Digital Experience Study.
Progressive
Drivers who want to save time and money while shopping for car insurance may find Progressive appealing. Name Your Price allows you to input your monthly insurance budget. The tool then displays different coverage options that fit within your financial goals. Progressive offers discounts for those who prefer to manage their insurance online.
Travelers
Travelers has the lowest average rates in Eugene. However, the company is very thorough when it comes to coverage. Travelers offers a wide range of optional coverages that can be tailored to meet your specific needs. These include roadside assistance, new vehicle replacement, accident forgiveness, gap coverage, and roadside assistance. You might get a lower average rate due to the extensive list of discounts that includes savings for homeowners, safe drivers, hybrid and electric car owners, and homeowners.
Cheapest car insurance in Eugene
You might be looking for the best car insurance deals in Eugene. Get quotes from Travelers USAA, Nationwide State Farm, Progressive, and State Farm. These companies have the lowest average rates in Eugene, according to our research.
Oregon drivers pay an annual average premium of $610 to get minimum coverage. Full coverage costs $1,346. This compares with the $565 per year national average premium for minimum coverage. Full coverage costs $1,674 annually. Eugene drivers pay an annual premium of $585 for minimum coverage, and $1,231 for full coverage. There are many providers who offer lower rates.
When shopping for auto insurance, price is only one consideration. You must first determine what factors are most important to you when searching for car insurance. These could include coverage options, price, discounts, financial strength, customer satisfaction scores, and financial strength. After you’ve determined the most important things to you, you can get quotes from different companies to find the right policy for you.
Eugene insurance requirements
By law, all Oregon drivers must purchase minimum levels of auto insurance, including:
- $25,000 bodily injury liability per individual
- $50k bodily injury liability per accident
- Property damage liability of $20,000
- $15,000 per person personal injury protection (PIP).
- $25,000 bodily injury to a motorist who is not covered by insurance
- $50,000 bodily injury to an uninsured motorist per accident
Be aware that minimum state-required car insurance levels may not offer sufficient financial protection in the case of an at-fault crash. If your accident damages exceed your insurance limits and you are responsible, you will need to pay the difference out of pocket.
Oregon law doesn’t require you to purchase collision or comprehensive insurance, but if you finance your car or lease it, your lender may.
Discounts on car insurance in Eugene
Many auto insurance companies offer Eugene policyholders a minimum of a few discounts. Some common discounts include:
- Multi-policy discount: If your home, condo, or renters insurance policies include auto coverage, you could save a lot by purchasing both from the same company.
- A good driver discount is available if you avoid tickets, accidents and DUI convictions over a certain period of time (which varies from carrier to carrier), then you may be eligible for a good driver discount.
- Student discount: A good student discount can help you save money on your car insurance. To be eligible for most programs, teens must have a minimum of a B average. However, these requirements will vary from one company to the next.
- Multi-vehicle Discount: Insuring multiple vehicles with the same company can help you save money.
- Discounts on vehicle safety and security devices: You might be able to save more money on your insurance if your vehicle features safety features like automatic braking or side curtain airbags.
Different insurers offer different discounts and savings. Although you might be able view the discounts offered by a company online, savings opportunities may vary from one state to another. Talking with a licensed agent can often help you identify ways to save.
Questions frequently asked
Which is the best auto insurance company?
The best auto insurance company is different for every driver, since everyone brings a unique set of circumstances to their insurance choices. To find the right insurance policy for you, it is important to determine what features are most important to you. Talk with licensed agents and get multiple quotes. It is a smart strategy to search for insurance companies that offer a mix of coverages, great customer service, and prices that are within your budget.
What is the cost of Eugene car insurance?
Quadrant Information Services reports that Eugene drivers pay an annual premium of $585 to get minimum coverage, and $1,231 to get full coverage. Premiums for each driver will vary. Insurance companies base rates on unique factors such as your age and driving record. They also consider the type and amount of coverages that you have purchased.
What amount of Eugene car insurance do you need?
Oregon law requires that you purchase minimum levels of coverage for bodily injury, property damage liability, personal injuries protection (PIP), and uninsured motorist. But, the minimum coverages you are required to have do not always offer enough financial protection. Leasing or financing a vehicle will likely require that you purchase collision and comprehensive coverages. Talk to an agent about the coverages and levels that you require.
