In general, living expenses in the city of Eugene, Oregon are not only higher than the state’s average but the entire country’s average as well. This holds true for car insurance rates as well. While residents of Eugene, Oregon may feel a little lucky that their annual premiums are less expensive than average, this is still not a valid excuse to slack off when it comes to saving money.

Everyone, no matter where they live, should be working to save a little more cash on car insurance. That’s why today we’re going to tell you about the cheapest car insurance options in Eugene, Oregon.

Car Insurance Stats and Facts about Eugene Oregon

The national average car insurance rate for the United States is around $1,548 per year. This makes the state of Oregon cheaper than most states as its annual average is around $1,470. Eugene, Oregon is slightly cheaper coming in at only $1,325, which makes it a pretty affordable city as far as car insurance goes.

When it comes to age groups, the cheapest demographics are, unsurprisingly, people in their 50s and 60s. These people will only have to pay around $1,200 per year while those in their 30s and 40s will have to pay annual premiums that are closer to the city’s annual average.

It is also worth noting that Eugene, Oregon offers bigger insurance discounts to those who have great credit scores. If your credit score falls in the highest of all tiers, you could acquire discounts as large as 60% to your overall premium.

The Cheapest Car Insurance Companies in Eugene Oregon

Because Eugene, Oregon is a relatively small city, some people would assume that the best places to find cheap car insurance would be the lesser-known insurance companies that are locally owned. This is largely not the case, however, as many of the cheapest car insurers here are pretty well-known businesses.

Keep in mind that the rates you actually acquire may differ due to personal factors about your age group, gender group, credit score or driving record and history. The following rates are estimations and averages, and should be interpreted as such.

Which Car Insurance Company is the Number One Cheapest?

The best place to go to for the cheapest rates annually in Eugene, Oregon will likely be Geico. This is because their average yearly rate comes at around $880, which makes them exceptionally affordable. The fact that Geico allows Eugene residents to have yearly insurance rates that are under a thousand dollars really makes them a force to be reckoned with.

Another fantastic car insurer that should be on your radar is Country Car Insurance. They too offer some very affordable annual insurance premiums that will only cost about $975 per year, which also makes them a sub-$1000 insurance company for Eugene residents.

While Geico and Country are the cheapest options, they aren’t the only companies you can choose from. There are still other insurers that offer very affordable prices that are at or even below Eugene, Oregon’s annual averages.

State Farm Insurance offers yearly rates of around $1,025, which is still a competitive price. USAA, or the United Services Automobile Association, is another great option, with yearly insurance rates of around $1,090. Additionally, you could take a look at Progressive Insurance, which has always been a popular insurer for Americans. They offer annual rates that are just below the city’s averages at around $1,320 per year.

It should be repeated that these rates are just collected estimates and your actual premiums may vary due to various factors. Be sure to shop around and compare the quotes you get from these five companies and then select the one that offers the best monthly or yearly price for you.