Car Insurance For College Students In Oregon 2024

I devoted hours to evaluating different auto insurance companies, ultimately finding that GEICO provides the best and most affordable coverage for college students in Oregon.

State Farm performed well for Oregon college students who need minimum coverage, or who prioritize excellent customer service. Progressive, on the other hand, was the best choice for drivers with previous accidents or violations.

This guide will provide an overview of all the top companies, highlighting how different factors like location and age can affect insurance rates for Oregon college students.

Average Cost Of Car Insurance For College Students In Oregon – By City

Average Rates For 18 Year Old College Students In Oregon

Car Insurance Rates For 19 Year Old College Students In Oregon

Average Car Insurance Rates For 20 Year Old College Students In Oregon

Car Insurance Costs For 21 Year Old College Students In Oregon

Average Cost Of Car Insurance For 22 Year Old College Students In Oregon

Average Rates For 23 Year Old College Students In Oregon

Rates For 24 Year Old College Students In Oregon

Average Rates For 25 Year Old College Students In Oregon

Average Rates On Family Policy vs. Individual Policy

Common Auto Insurance Claims In Oregon

Oregon generally has 4 common types of auto insurance claims, which consist of:

• Collision Claims (5.8 claims per 100 years of a car’s lifespan)
• Comprehensive Claims (2.81 claims per 100 years of a car’s lifespan)
• Bodily Injury Claims (0.95 claims per 100 years of a car’s lifespan)
• Property Damage Claims (3.36 claims per 100 years of a car’s lifespan)

Do College Students Need Their Own Insurance, or Can They Stay On A Parent’s?

Although insurance is usually clear-cut, whether you need your own policy as a college student depends on a variety of factors. Let’s explore different scenarios where you might be able to stay on your family’s plan and where you would need to find coverage independently.

Keeping Students On A Family Car Insurance Policy

In contrast to health insurance, which limits how long a child can stay on their parent’s plan, car insurance has no such age restriction. Children living at home or using their parents’ permanent address while at college can remain covered under the same auto insurance policy.

Purchasing Coverage As A College Student

The primary reason for a college student to get their own car insurance is if they change their address. When they establish a permanent address separate from their parents, they must buy a new insurance policy.

How Can College Students Save Money On Car Insurance In Oregon

Unfortunately, car insurance rates for most college students are much higher than for drivers in their mid to late 20s. If you can’t stay on a parent or guardian’s insurance, you’ll need to explore ways to lower your monthly premium.

The upcoming strategies will give you ideas for making car insurance more cost-effective.

Security And Safety Improvements

This advice is applicable to all drivers, regardless of age, unlike some strategies focused on college students. Many insurance companies offer discounts if you improve your vehicle’s safety and security with certain devices.

As an example, adding a car alarm and other anti-theft measures can decrease your car insurance premium by up to 5%.

Used vs. New

Buying a new vehicle as a graduation present is a common practice among parents. While these cars may be more fuel-efficient, they often result in higher insurance premiums. Insurers raise rates for new cars to account for the increased repair and replacement expenses.

Affiliation Discounts

Engaging in campus clubs and organizations is a common way for students to immerse themselves in university life. These groups might also offer extra perks, such as access to special discounts. Depending on your insurance carrier, membership in a sorority, fraternity, honor society, or alumni group could help reduce your monthly insurance premium.

Student Discounts

Good grades usually lead to student discounts, but college students can also access several other types of discounts, such as:

• Discount for students studying away from their home campus
• Discount for taking a driver’s education course
• Safe driver discount

Try Usage-Based Car Insurance

Usage-based car insurance tracks driving habits just like telematics, but it also comes with an extra feature that college students find particularly appealing.

Driving fewer miles each year can lead to discounts and lower premiums with usage-based car insurance. These “Pay-Per-Mile” plans are an excellent way to secure affordable coverage if your car is kept in the dorm lot or at home for most of the school year.

How To Buy Car Insurance As A College Student In Oregon

For college students, securing your first auto insurance policy can be a stressful task. Thankfully, platforms like Insuranceopedia make the experience more manageable and enjoyable.

These websites facilitate easy comparison of rates from different insurance providers, but you’ll need specific information to guide you through the process. Here’s a summary of the steps to follow when purchasing your next auto insurance policy:

Step 1: Gather essential details like your vehicle info, driver’s license numbers, personal information, and driving records.
Step 2: Figure out how much coverage is required to meet Oregon state laws.
Step 3: Choose between buying your insurance online or through a local agent.
Step 4: Compare quotes from at least three auto insurance companies.
Step 5: Purchase your policy and inform your old insurance provider about the change.

Telematics Car Insurance For College Students

As a college student, it’s essential to find creative ways to save on car insurance. Telematics is one of the best ways to effectively lower your monthly premium.

Insurance companies use telematics devices to observe and evaluate your driving. The safer you drive, the better your rates, and you’ll be more likely to receive discounts for safe driving.

How To Get Discounts

Car insurance can be a significant expense for college students, particularly if tickets or accidents are on your driving record. Using carrier-provided discounts is a way to help cut down the cost of coverage.

Although every car insurance company has different discounts available, here are a few worth considering before purchasing a policy:

• Paid in full
• Multi-vehicle
• Multi-policy
• Military
• Student away
• Good student
• Safe driver
• Defensive driving
• Low mileage
• Accident-free

Temporary Car Insurance

Not every car insurance company provides temporary coverage, but it can be an excellent solution for college students who don’t plan to drive frequently.

Temporary auto insurance policies generally cover six months, with the option to cancel when the period ends. This allows college students to avoid paying for unnecessary coverage while at school and works well for those planning to study abroad for a semester.