Tips to Lower Auto Insurance Costs in Portland, OR

Auto insurance can be a significant expense, but there are several strategies you can use to reduce your premiums without compromising on coverage.

Shop Around for the Best Rates

Rates can vary significantly between insurers, so shopping around can help you find the best deal for your specific needs. Your agent can help you compare quotes from reputable insurers.

Ask About Car Insurance Discounts

Your agent can help identify discounts that may work for your situation, including discounts for safe driving, good student, multi-policy and more.

Increase Your Deductibles

Adjusting your deductible—the amount you pay out-of-pocket before your insurance coverage kicks in—can significantly impact your premiums. Choosing a higher deductible may help lower your premiums, but make sure you can comfortably afford the higher deductible in case of a claim.

Maintain a Good Credit Score

Like in many states, your credit score can influence your auto insurance rates in Oregon. Insurers may use credit scores to determine premiums, with higher scores generally leading to lower rates. Check your credit reports for errors, and work to improve your score by making on-time payments on loans and revolving charge accounts.

Drive a Safe and Reliable Vehicle

Cars with high safety ratings, low repair costs and lower theft rates are often cheaper to insure. Your agent can provide you with personalized quotes when you are ready to shop for a new vehicle.

Consider Usage-Based Insurance

Usage-based insurance (UBI) programs use telematics devices or smartphone apps to monitor your speed, braking and mileage. If you are a safe driver, participating in a UBI program can lower premiums based on your driving habits rather than generalized risk factors.

Take a Defensive Driving Course

Ask your agent to recommend a defensive driving course that may trigger car insurance discounts. Many courses are available online or through local organizations, and they can also enhance your driving skills and safety on the road.

Contact Us

Contact AIC Insurance Agency in Portland, Oregon, to explore options for lowering your auto insurance costs.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.