COUNTRY Financial offers the cheapest minimum coverage for most low-income drivers in Oregon, including seniors, those with speeding tickets, DUI, accidents or bad credit. Kemper is the most affordable for young drivers and adults with clean records.
Cheapest Low-Income Car Insurance in Oregon
Updated: February 6, 2025
Advertising & Editorial Disclosure
Key Takeaways
Oregon drivers can find affordable plans for car insurance, despite the lack of a low-income insurance program in the state.
For most low-income drivers, COUNTRY Financial, Kemper, State Farm and Travelers are the cheapest options.
Drivers should compare different quotes and look for discounts when searching for car insurance to find the most affordable option.
Cheapest Car Insurance Companies for Low-Income Drivers in Oregon
| Kemper | Young Drivers | $37 |
| Kemper | Adults | $40 |
| COUNTRY Financial | Seniors | $34 |
| COUNTRY Financial | Drivers With a Speeding Ticket | $47 |
| COUNTRY Financial | Drivers With a DUI | $52 |
| COUNTRY Financial | Drivers With an Accident | $44 |
| COUNTRY Financial | Bad Credit | $59 |
*All rates in this table, except for adults, are based on a modified profile of a 40-year-old driver with good credit and a clean record insuring a 2012 Toyota Camry. The age ranges are 22 to 29 for young drivers, 30 to 59 for adults and 60+ for seniors.
Compare Cheap Low-Income Car Insurance Providers
Use the table below to find the most affordable insurance provider for your driver profile.
Data filtered by:Results filtered by:
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Age Range:30-59
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Driving Record:Clean
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Credit Score:Good
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Coverage Level:State Minimum Liability Only
| Kemper | $40 | $480 |
| COUNTRY Financial | $41 | $497 |
| Travelers | $44 | $530 |
| State Farm | $49 | $588 |
| GEICO | $52 | $629 |
Cheapest Car Insurance for Families With Low Income in Oregon
State Farm offers the cheapest minimum coverage for low-income families who are adding a teen to their policy in Oregon. Married couples pay $65 a month, and single parents pay $121. GEICO has the best rate when adding a spouse to your policy at $49 monthly.
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Family Type:Married Couple with Teen
| State Farm | $782 | $65 |
| Nationwide | $833 | $69 |
| Travelers | $843 | $70 |
| Progressive | $846 | $70 |
| Kemper | $909 | $76 |
| Allstate | $944 | $79 |
| CIG | $953 | $79 |
| GEICO | $972 | $81 |
| Farmers | $1,319 | $110 |
*Rates for couples and single parents with teens apply to a 16-year-old driver. Those for a married couple without children are based on a 40-year-old male with good credit and a clean driving record.
Tips to Save On Car Insurance for Low-Income Drivers
Here are some tips to help you lower your premiums:
- 1
Choose minimum coverage
Minimum coverage is typically the most affordable way to stay legal on the road. However, you may be on the hook for the $500-$3,000 worth of costs that can come from a car accident, as minimum coverage won't pay for those costs.
- 2
Compare quotes
Collecting quotes from various insurers helps identify the most affordable option. For the best comparison, explore provider websites, independent brokers, provider agents and online comparison tools like our car insurance calculator.
- 3
Look for discounts
Depending on the provider, customers can stack different discounts together to save on car insurance premiums. These can include a discount for being a good student and for being a military member or veteran.
- 4
Increase your deductible
Opting for a higher deductible on collision or comprehensive coverage can decrease your monthly premium, although you will have to be able to pay the deductible if you need to file a claim.
- 5
Consider pay-per-mile insurance
Pay-per-mile insurance benefits low-mileage drivers by charging a base rate and then a fee per mile driven. This allows you to save money by paying only for the miles you drive, especially if you don't drive often.
- 6
Bundle your policies
Bundling home and auto insurance can reduce costs by up to $600 annually depending on the provider that you choose. Customers can also bundle auto insurance with renters insurance or life insurance with certain providers.
- 7
Get a cheaper car to insure
A vehicle's make, model and year impact insurance costs because providers take into account average repair costs. Opting for a cheaper car to insure, like an older, reliable model, can help you save hundreds annually.
Minimum Car Insurance Requirements in Oregon
Drivers in Oregon need to meet these minimum car insurance requirements:
- $25,000 in bodily injury liability per person
- $50,000 in bodily injury liability per accident
- $20,000 in property damage liability per accident
If your car is leased or financed, you'll also need liability coverage of 100/300/100 and comprehensive and collision protection.
WHY MINIMUM COVERAGE MAY NOT BE RIGHT FOR YOU
Minimum car insurance is the basic coverage required by law. It pays for the other driver's costs if you cause an accident but doesn't cover your car repairs or legal fees. If you drive often or have extra money, consider more coverage to lower your out-of-pocket costs after an at-fault accident.
Cheap Low-Income Car Insurance in Oregon: Bottom Line
COUNTRY Financial is the cheapest car insurance company for most low-income drivers in Oregon, including seniors and high-risk drivers with speeding tickets, DUIs, accidents or bad credit. Kemper has the lowest rates for young drivers and adults with clean records. Explore providers using different methods to find the best deal.
Low-Income Auto Insurance in Oregon: FAQ
Here are answers to common questions on finding affordable car insurance for low-income drivers.
What is the cheapest car insurance for low-income drivers in Oregon?
Minimum coverage is the most affordable option for low-income drivers not tied to a lease or finance agreement. Kemper offers the cheapest monthly minimum and full coverage rates in Oregon at $40 and $65, respectively.
Does Oregon have a state-supported low-income car insurance program?
Oregon has no state-supported program to help low-income drivers secure affordable car insurance.
Does your income affect the cost of car insurance in Oregon?
In Oregon, income doesn't directly impact car insurance premiums.
How We Chose the Cheapest Car Insurance for Low-Income Drivers
Study Overview
MoneyGeek examined car insurance costs in Oregon using data from the Oregon Division of Financial Regulation and Quadrant Information Services.
Data Acquisition, Depth and Analysis
MoneyGeek analyzed 328,384 quotes from 14 companies across 370 ZIP codes to determine the average cost of car insurance for drivers with low income in Oregon.
Sample Driver Profile
We used a sample driver profile with the following attributes to determine average car insurance rates for low-income drivers in Oregon:
- 40-year-old male
- 2012 Toyota Camry LE
- Clean driving record
- 12,000 miles driven annually
To determine rates for specific driver profiles, we adjusted factors such as age, family status, driving history and credit standing.
Our study defines seniors as 60 or older, young drivers as 22 to 29 and adults as 30 to 59. Married couples with a child include 40-year-old male and female drivers with a 16-year-old teen. Single parents with children are 40-year-old male or female drivers with a 16-year-old teen.
Coverage Levels and Deductibles
Our data shows rates for minimum coverage, which follows Oregon's legal requirements and is affordable for low-income drivers.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.