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Get Cheap Car Insurance in Old Town-Chinatown, Portland, OR

We monitor insurance prices, helping the average driver in Old Town-Chinatown save up to 34.7% on car insurance.

 

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The Cheapest Minimum Coverage in Old Town-Chinatown

The chart below shows the cheapest car insurance company in Old Town-Chinatown for a driver with a good record seeking minimum coverage on a mid-grade used vehicle. Values are estimated, and premiums may be lower or higher, but should be in an accurate order for a good driver. In general, drivers with good records will get the best prices through Metromile, followed by State Farm, Country Financial, and Travelers.

 
Old Town-Chinatown Insurer Monthly Cost
Metromile $73
State Farm $73
Country Financial $81
Travelers $84

Savings for Every Kind of Old Town-Chinatown Driver

The table shows how much the average auto insurance customer in Old Town-Chinatown might save by following our recommendations.

Based on our extensive insurance data, we know the average Old Town-Chinatown driver will save about 32% on car insurance. This isn’t marketing: this is unbiased data with no financial influence. The best auto insurance company depends on factors such as your driving record, home location, credit score, marital status, and age. The average driver will find themselves saving $541 per year by choosing the right vehicle insurance company. Some Old Town-Chinatown residents are paying out over $1,703 extra every year for auto insurance in Old Town-Chinatown. That cost may be even higher if you haven’t requested a new quote as your life situation changed.

Situation
Old Town-Chinatown, Portland, OR Savings / Yr.
Drivers with good records
$541
Drivers with accidents
$805
Drivers with speeding tickets
$656
Drivers with a DUI conviction
$737
Young drivers
$1,957
Married drivers
$528
Drivers with bad credit
$630

Old Town-Chinatown Car Insurance vs. Portland

People living in Old Town-Chinatown pay an average of 12.91% more than the typical driver in the state. The average driver in Old Town-Chinatown can expect to pay about $1,314 per year, or $1,703 for full coverage.

Based on our analysis, Metromile will be the cheapest provider in Old Town-Chinatown for most people.

Car Insurance Prices by Old Town-Chinatown Neighborhood

Old Town-Chinatown, Portland, OR map of insurance costs by zip code and neighborhood

Insurance Prices

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Where is insurance cheapest within Old Town-Chinatown?

The map shows insurance prices in and around Old Town-Chinatown, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $306 per year within the neighborhood boundaries, with insurance premiums ranging from a high of $1,960 to a low of $1,654. Insurance prices tend to be higher for those living in the Southeast area, and lower for those with homes in the Central parts of Old Town-Chinatown.

Pick the Best Car Insurance Company for You in Old Town-Chinatown

We have analyzed insurance costs for auto insurance customers based on the major variables that impact pricing. The results of our analysis are below, including US dollar savings. What about when you meet one or more of the criteria? For example, if you have both a DUI and a speeding ticket? Simply start with the Old Town-Chinatown insurance provider for whom we have posted the highest savings dollar figure.

The best car insurance provider for most drivers in Old Town-Chinatown

For drivers with clean driving records and no major strikes, Metromile is the best option, with annual savings of $541 over the average Old Town-Chinatown car insurance company.

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We use the average good driver, paying $97 per month, as our baseline for pricing in Old Town-Chinatown. State Farm, Metromile, and Mile Auto are all good choices for quotes if you have a clean record. See also the best providers for married people if you are married, and look for repeated company names.

The best car insurance provider for Old Town-Chinatown drivers with accidents on their records

In Old Town-Chinatown getting into an accident will raise premiums an average 37% for a yearly cost of $2,695. That's $993 per year more than a driver with no at-fault crashes on their driving record might pay. To avoid paying out more than you need to, State Farm, Metromile, and Mile Auto are good choices for drivers with accidents.

In our analysis, Metromile saved the average person who had been in an accident the most, with annual savings averaging $805 over the competition.

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The best car insurance company for Old Town-Chinatown drivers with speeding tickets

>Mile Auto gave the average person with a speeding ticket the most savings, averaging $656 better than other car insurance companies.

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Depending on the insurance company, a speeding ticket can actually raise insurance premiums more than getting in an accident. In Old Town-Chinatown, tickets raise premiums on new quotes about $727. If you have a speeding ticket, we recommend State Farm, Mile Auto, and Metromile for savings that beat the average insurance cost of $2,430 per year.

The best auto insurance for Old Town-Chinatown drivers with a DUI conviction

Getting a DUI can increase the cost of insurance dramatically. The average person with a DUI paid $2,342 per year in auto insurance premiums, which was $639 more than a driver with no major issues. State Farm, Mile Auto, and Kemper penalized their customers the least for a DUI.

Getting a quote from Mile Auto may cost the average person with a DUI about $737 less each year.

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The least expensive car insurance company for new and young drivers in Old Town-Chinatown

In Old Town-Chinatown, Country Financial costs young drivers $1,957 less each year versus the average auto insurance bill.

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Teen drivers account for more than their share of accidents, and thus end up paying about 70% more for insurance than more mature drivers in Old Town-Chinatown. With an average cost of $5,643 per year (for young drivers who aren't on a parent's plan), car insurance for inexperienced drivers can’t ever be called "cheap." A few companies like State Farm, Travelers, and Country Financial try to attract these younger drivers with lower prices in the hopes that they will stay with the company.

The best marriage discounts for vehicle insurance in Old Town-Chinatown

Not everything is an excuse for the auto insurance companies to charge you more. Getting married provides an average discount of $95. State Farm, Progressive, and Country Financial provided the largest discounts to couples living in Old Town-Chinatown.

State Farm gave the largest car insurance discounts to married couples, averaging $528 saved each year compared to an average Old Town-Chinatown couple's premiums.

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The cheapest car insurance in Old Town-Chinatown for drivers with bad credit

People with poor credit saved an average of $630 with Mile Auto.

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Many people are surprised that their poor credit score can cost them an average of $857 every year. Premiums for people with poor credit were about $2,560 in Old Town-Chinatown. However, some insurance companies do not take credit score into account. If you have a credit score below 575, get quotes from Mile Auto, Kemper, and Country Financial.

The best Old Town-Chinatown car insurance company for customer service

Many car insurance companies over the years have struggled with customer service. In Old Town-Chinatown, the National Association of Insurance Commissioners (NAIC) ranks Nationwide as the best. Another valuable metric: JD Power ranks Country Financial as the best provider in Old Town-Chinatown.

Nationwide was the best company for customer service in Old Town-Chinatown according to the NAIC.

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Recent price drops

Due to improvements in our tracking and methodology, we are unable to show price change data for the most recent year. This data will return next year (2023).

In 2020, at the peak of the global pandemic, {{top1_2020pricedrop_company}} changed their average price {{top1_2020pricedrop_company_percentage}}% in Old Town-Chinatown, which was better than other insurers.

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During the Covid-19 pandemic a few insurance companies realized people were driving less and struggling overall. They proactively lowered their rates for many customers in Old Town-Chinatown. We think helping communities in a time of need deserves special attention. Many insurance companies have advertisements telling us how much they care: we prefer to look at their actions.

The cheapest large national provider in Old Town-Chinatown

Many customers have informed us that they prefer to work with large national brands. Maybe they're one of the 81% of Old Town-Chinatown residents who are renting, and don't plan to be in the neighborhood or city for very long. Or maybe national recognition and funds make people feel more secure with a large provider. Regardless, State Farm tends to have the lowest prices for most drivers.

For customers who prefer to work with large national providers, we recommend State Farm for pricing. The average Old Town-Chinatown driver can expect to pay about $97 per month.

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What About USAA?

JD power consistently ranks USAA as the top car insurance company in the United States. We don’t compare their rates because most people can’t sign up. USAA only allows active military members and their spouses and children to apply. In Old Town-Chinatown, USAA has the best prices for drivers with a DUI conviction, drivers with bad credit, good drivers, drivers with speeding tickets, young drivers, married couples, and drivers with accidents.
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Auto Insurance Prices in and Around Old Town-Chinatown

What Influences the Cost of Car Insurance in Old Town-Chinatown?

On average, car insurance in Old Town-Chinatown is more expensive than the rest of the state. These high prices are no mystery to us. Coverage Watch tracks car insurance costs and uses a complex AI that finds related variables, and has determined car insurance prices in the neighborhood are influenced by the following factors:

  • The average commute time in Old Town-Chinatown is 28 minutes, which is a little less than average for a driver in the city.
  • Oregon state insurance regulations may allow for lower prices.
  • An average of 0 weeks with snow on the ground, which impacts accident rates.
  • Marriage rates in Old Town-Chinatown are among the lowest in the state, and marriage often results in car insurance discounts.
  • Vehicle theft rates in the area are very high, with a Vehicle Theft Crime Grade of F according to CrimeGrade.org.
  • Old Town-Chinatown is one of the least populated areas in the state. The neighborhood’s density could result in a price decrease for drivers.

As a result of these and other factors, the average cost of car insurance in Old Town-Chinatown is $110 per month for minimum coverage and $142 per month for full coverage. Costs vary widely based on your situation, and will likely be lower if you have a clean driving record and follow our insurance company research to find the best car insurance company for you.

Car Insurance in Nearby Neighborhoods

Neighborhoods with Similar Populations

* Who is the average Old Town-Chinatown driver? Based on national demographic data provided by BestNeighborhood, we took a single unmarried man living in central Old Town-Chinatown with good (but not perfect) credit driving a used midsized sedan. Data sources: proprietary data collection and analysis, unique to CoverageWatch.org All content copyright CoverageWatch.org. Journalists and other websites are free to cite any data with attribution.