Albany Auto Insurance Rates, Quotes, Agents & Reviews in OR

Albany, OR Auto Insurance Rates, Quotes, Agents & Reviews

Zimlon, through its research, found that car owners in Albany, OR, can avail multiple discounts on car insurance by taking various factors into consideration. These factors are explored in detail by Zimlon in the analysis below.

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Auto insurance rates in Albany, Oregon

Auto insurance rates are governed by several factors, the most important of which are your driving record, the state and city you live in, and your personal profile. In the United States, insurance rates vary from state to state due to differing auto insurance regulations. For example, Maine, Idaho, Iowa, and North Carolina are states where drivers pay less for auto insurance. On the other hand, states such as Louisiana, Michigan, Georgia, and Oklahoma are states where auto insurance rates are significantly higher than the national average.

Oregon is one of the states where the average insurance rates are affordable, and below the national average rates. With an annual average insurance rate of $1387, Oregon is the 21st on the list of states with low insurance rates. However, Albany has an average insurance rate of $900, which is considerably below the state average.

Drivers in Albany pay just 1% more than drivers in Corvallis, but 18% less than the drivers in Portland. Though auto insurance rates are low in Albany, the city has witnessed a Compound Annual Growth rate (CAGR) of 125% since 2009. The average rates in Albany were $400 in 2009. This increase is despite a 19% reduction in the theft rate in 2012.

Car theft is generally covered by optional comprehensive coverage on the insurance policy.

The average comprehensive coverage rate in Albany is $135, well below the Oregon average comprehensive rate of $210. As far as car accidents are concerned, the average collision insurance rate in Albany ($135) is also below the Oregon state average collision insurance rate of $448.

The Mercedes CL65 AMG has the highest insurance premium of $3800 in Albany. On the other hand, the Ford Explorer has the lowest insurance rate at $600. The Lincoln Navigator L is the car with average insurance rate of $1300, which is the median rate.

Factors that can influence the cost of car insurance in Albany, OR are listed below. It is imperative to understand these factors in order to reduce the cost of car insurance. It is also essential to strike a balance between the cost of insurance and the coverage requirements.

Albany, OR Auto Insurance Rate Comparisons with Neighboring Locations | Back to Top

The following table compares the cost of insurance in Albany, OR with that of other cities in and around Albany.

Albany North Albany Shedd Millersburg Crabtree Tangent
Average Insurance Rates $944 $1,467 $1,649 $1,455 $1,418 $1,416

Albany, OR Auto Insurance Rates vary Based on Deductibles in Neighboring Cities | Back to Top

The following table makes a comparison of the variation in car insurance rates in and around Albany, OR based on the change in deductibles. A higher deductible leads to a decrease in the cost of car insurance.

Location Low Deductible ($500) High Deductible ($1000)
Albany $1,012 $855
Tangent $1,592 $1,345
North Albany $1,581 $1,335
Millersburg $1,389 $1,174
Adair Village $1,124 $949
Crabtree $1,503 $1,269
Corvallis $1,282 $1,083
Shedd $1,698 $1,435

Albany, OR Auto Insurance Rates Based on the Age of the Driver | Back to Top

Teenagers in Albany, OR usually pay a much higher car insurance rate compared to the rest of the state as they are generally considered to be less responsible behind the wheel. Middle-aged drivers are likely to pay lower car insurance premiums if they are considered to be safer drivers by insurance companies.

Age of Driver Insurance Cost
Teens $3,063
20 Years $1,213
30 Years $934
40 Years $899
50 Years $832
60 Years $844
70 Years $982

Albany, OR Car Insurance Discounts for Multi-Car Insurance | Back to Top

Car owners in Albany, OR can obtain discounts if they insure multiple vehicles with the same insurer. The average savings one can obtain are as follows:

Number of Cars Auto Insurance Cost Total Savings
2 Vehicles $1,605 $283
3 Vehicles $2,407 $425
4 Vehicles $3,210 $566

Savings on 2 Vehicles bundle:$283

Savings on 3 Vehicles bundle:$425

Savings on 4 Vehicles bundle:$566

Albany, OR Post- DUI Auto Insurance Rates | Back to Top

Driving Under Influence (DUI) can be an added burden on your wallet. The cost of auto insurance will go up post-DUI. The below graph does a comparison of auto insurance rates before and after DUI in and around Albany, OR.

Location Average Insurance Cost Post DUI Insurance Rate
Albany $944 $1,412
Tangent $1,416 $2,118
North Albany $1,467 $2,195
Millersburg $1,455 $2,177
Adair Village $1,425 $2,132
Crabtree $1,418 $2,121
Corvallis $928 $1,388
Shedd $1,649 $2,467

Albany, OR Auto Insurance Rates Based on Credit Score | Back to Top

Car insurance companies can use the Credit Score of car drivers to determine car insurance rates. Car drivers with good credit can avail of substantial discounts on car insurance rates.

Credit Score Insurance Cost
Exceptional (800-850) $810
Excellent (740-799) $925
Good (670-739) $984
Average (580-669) $1,283
Poor (300-579) $1,540

Albany, OR Auto Insurance Rates can Increase Based on Driving Violations | Back to Top

Auto insurance rates tend to increase depending on the type and number of driving violations. The driving violations can stay on the record for a considerable amount of time leading to higher auto insurance rates. The severity of the driving violation and place of residence will determine how long the violation stays on record.

Driving Violation Cost Increase Total Insurance Cost
Driving Without Headlights +$42 $986
Driver's Failure In Showing Documents +$92 $1,036
Driving With An Expired Registration +$97 $1,041
Driving At A Considerably Slow Pace +$205 $1,149
Using A Cellphone While Driving +$216 $1,160
Running A Red Light +$220 $1,164
Speeding +$231 $1,175
Driving A Vehicle Without The Required Permission +$294 $1,238
Driving With An Expired/Suspended License +$636 $1,580

Albany, OR Auto Insurance Rates Based on Anti-Theft Feature | Back to Top

Cars that are equipped with safety devices are less prone to thefts. As a result, auto insurance companies provide a considerable amount of discounts to vigilant car owners. The discounts vary depending on the type and number of safety devices installed.

Anti Theft Feature Insurance Cost
Audible Alarm $906
Active Disabling Device $906
Tracking Device $887
Passive Disabling Device $878

Latest Auto Insurance Reviews in Albany, OR | Back to Top

State Farm
Absolutely I would highly recommend State Farm Automobile Insurance. It has been my insurance for over 35 years and I'm extremely satisfied not only with the coverage but also the customer service.
I like the coverage, the rates, and the familiarity of travelers. They are a well know reputable company with great customer services. I would and do recommend this company to friends and family.
Overall I am satisfied with Progressive as my insurance company. I have fortunately never needed to use them as I have not been in an accident, but obviously need insurance in the event.
The company provides us a lot of policies which could be bought by the middle class people and in help them in their protection.
With the name being so famous I thought it would be the best company to be with but I was mistaken.
I dislike that their rates are not cheaper and that changing personal information on the app is somewhat difficult. I also dislike that they don't auto charge my bank account on the same day of the month each time.