Finding the best auto insurance for teen drivers in Oregon can be challenging, as different companies offer different rates and discounts. According to various sources , the following are the top five major auto insurance companies that have the best auto insurance for teen drivers in Oregon and the average annual cost of insurance for teens offered by them.
- **State Farm**: State Farm is the cheapest option for teen drivers in Oregon, with average annual rates of $2,411 for 17-year-old females and $3,023 for 17-year-old males. State Farm also offers a good student discount, a driver training discount and a Steer Clear program that can help teens save up to 15% on their premiums.
- **Geico**: Geico is another affordable choice for teen drivers in Oregon, with average annual rates of $3,043 for 17-year-old females and $2,649 for 17-year-old males. Geico also offers a good student discount, a driver's education discount and a family pricing program that allows teens to stay on their parents' policy at a lower rate.
- **Oregon Mutual**: Oregon Mutual is a regional insurer that has competitive rates for teen drivers in Oregon, with average annual rates of $1,841 for 17-year-old females and $1,987 for 17-year-old males. Oregon Mutual also offers a good student discount, a driver training discount and a multi-car discount.
- **USAA**: USAA is a military-affiliated insurer that has low rates for teen drivers in Oregon, with average annual rates of $2,730 for 17-year-old females and $2,759 for 17-year-old males. USAA also offers a good student discount, a driver training discount and a family legacy discount for children of USAA members. However, USAA is only available to members of the military, veterans and their families.
- **Country Financial**: Country Financial is another regional insurer that has reasonable rates for teen drivers in Oregon, with average annual rates of $3,587 for 17-year-old females and $3,724 for 17-year-old males. Country Financial also offers a good student discount, a driver training discount and a Simply Drive program that can help teens learn safe driving habits and earn rewards.
The average annual cost of insurance for teens in Oregon is $4,501 for 17-year-old females and $4,901 for 17-year-old males, which is higher than the state average of $1,225 for all drivers. Therefore, it is important to compare quotes from different companies and look for discounts that can lower the cost of insurance for teen drivers in Oregon.