Everyone wants to save money on their car insurance, but Oregon drivers might want to save more than most. The reason for this is that car insurance rates in Oregon are some of the highest in the country.
If your car is financed by a bank or other financial institution, you may not have many options for low-cost auto insurance. However, you can still save money by comparing the rates offered by different companies. Rates for the same policy can vary by several hundred dollars a year from one company to the next, so taking the time to compare can really pay off.
Start by writing down how much of a deductible you can afford in case you need to file a claim, as well as how much coverage you will need based on how old your car is and where you live. If you live and drive in an area with a lot of new, expensive cars, you may want to get a higher Collision limit than if you live and drive in an area with mostly older cars. If your car is older than 5 years, you might want to get the least amount of Comprehensive coverage or even drop it altogether.
Once you know how much coverage you want, go online and find one of the many sites that let you compare auto insurance policies and premium costs quickly and easily.
Before you can compare quotes, you'll have to answer a lot of questions, including ones about your driving history (accidents and tickets in the last 5 years) and even your credit history.
Think of the time you spend comparing car insurance quotes as an investment in lowering your future premiums. The more you invest now, the more you'll save in the long run.
