If you're seeking some flexibility, you might be interested in a temporary auto insurance policy. But short-term auto insurance contracts are rare for a few reasons.
Some large companies don’t provide contracts for less than half a year. Since car coverage is compulsory in every state but one, changing policies by the month can be a risky proposition. You also risk having gaps in your record by changing policies frequently, resulting in more expensive premiums in the future.
Thankfully, car insurance contracts typically last for just six months. This quick duration allows car insurance companies to “re-rate” — or re-price — the costs based on your current driving record and demographics.
The six-month mark also gives you a great opportunity to reevaluate your situation by exploring the offerings of other car insurers. Comparing prices online costs nothing, and there isn't a penalty for changing auto insurance companies when your policy ends — or mid-term, as long as your coverage doesn't lapse.
The flexible nature of car insurance makes it easy to find with little advance notice. If you're in need of a policy to drive your new vehicle off the lot, trying to find insurance for a longer-term rental or searching for coverage on a vehicle you don't own but drive often, think about purchasing a policy and cutting the agreement short as needed.
See below normal auto insurance rates in the state of Oregon, organized by popular insurance companies and cities. If your premiums exceed what you see below, consider other options.
|Insurance Company||Average 6-Month Rate||Average Monthly Rate|
|Oregon State Average — All Companies||$732||$122|
The most budget-friendly option for single-month car insurance in Oregon is USAA, through which you can save $0 per month, compared to the next-best choice, Grange. In Oregon, the average per-month price of car insurance is $122, or $732 over a six-month period.
Where you live has as large an effect on your insurance rates as the insurance company you choose. Auto insurance companies take into account the number of local insurance claims when pricing policies by ZIP code. Take a look at insurance prices in Oregon's most populous cities and compare how much you’re paying.
|Location||Average 6-Month Rate||Average Monthly Rate|
Because so many factors are involved in setting insurance rates, your quotes may not match the totals displayed above. If your current rates don't match the above, consider comparing quotes from other companies. The temporary timetable of a car insurance contract increases the importance of remaining in-the-know and ready to compare your options.
Learn more about temporary auto insurance or use The Zebra to compare rates for free online.