Learn how to save on auto insurance in Gresham.
Auto insurance costs an average of $1,944 per year in Gresham. That's more expensive than the average in Oregon ($1,463) and more expensive than the national average of $1,548. Keep reading to learn more about how much you can expect to pay based on your marital status, age, credit score, and other factors in Gresham.
|Gresham Average (per year)||Oregon Average||National Average|
The difference in auto insurance rates from company to company can be substantial. In Gresham, USAA offers the cheapest rates for the average insurance customer. See below the best options for affordable auto insurance in Gresham. Don't forget to get car insurance quotes based on your driving profile.
|Insurer||Average Yearly Rate|
The age group that enjoys the lowest auto insurance rates in Gresham are drivers in their 50s, who pay an average of $1,734 per year. Rates for Gresham drivers in their 60s are also relatively affordable, at just $1,777 per year.
The Gresham drivers who pay the highest insurance rates are teenagers. One of the most effective ways to get cheaper car insurance rates as a driver in Gresham is to celebrate your 20th birthday. The difference in rates paid by teenage drivers and drivers in their 20s in Gresham is $4,856, the largest such difference between any two age groups.
|Age group||Average Yearly Rate|
In some cases, a driver's gender and marital status may influence the car insurance rates they pay. In Gresham, married drivers pay $106 less than single drivers for car insurance. Married drivers enjoy less expensive rates than their single counterparts in most locations, based on data showing they file fewer insurance claims. Rates for those who are widowed are also much cheaper than rates for those who are single. In Gresham, single drivers pay less than those who are widowed.
Gender is another factor that can affect auto insurance rates. In Gresham, female drivers pay $126 per year more than do male drivers for car insurance.
|Marital Status/Gender||Average Annual Rate|
Maintaining a clean driving record is an effective way to minimize your auto insurance costs. At-fault collisions, DWIs, citations for reckless driving, and speeding tickets each contribute to increases in car insurance rates. Insurance companies reward low-risk drivers with the gift of low rates.
Two of the most costly citations to receive are DUI and reckless driving. Gresham drivers found guilty of reckless driving face insurance rate increases of $987 per year, compared to the citywide average. A DUI violation may lead to a $768 increase, while a citation for speeding leads to a $463 rate hike.
|Violation/Incident||Average Annual Rate|
|At-fault Accident (damages < $1,000)||$2,783|
|At-fault Accident (damages > $2,000)||$2,953|
|Speeding Ticket (16-20 mph over speed limit)||$2,406|
Credit score is often closely correlated with car insurance costs. In Gresham, an improvement in credit score from the "Very Poor" tier (300-579) to the "Exceptional" tier (800-850) corresponds to a 59% drop in car insurance costs. Moving from "Very Poor" to "Fair" credit is a great way to save money on car insurance. In Gresham, improving your credit to "Fair" could help you earn $1,593 in savings on insurance premiums each year.
|Credit Level||Average Rate (annual)|