Auto insurance is mandatory in the state of Oregon, and Oregon is one of the states that is well-known for strict enforcement of auto insurance laws. The annual average auto insurance rate in Oregon is $1387, which is $115 below the national average. Eugene and Lincoln are among the less expensive auto insurance neighborhoods, with average insurance rates of $924 and $996, respectively. Virginia Beach has a slightly higher rate, at $1105.
Most cars have low insurance rates in Eugene and Lincoln. A used Toyota Corolla, for example, is available for a median price of $15,995 in Eugene, and the cost to insure it for a year is a mere $789. Considering both the purchase costs and insurance rates, this is the most affordable car in Oregon.
A used Ford F-Series has a lower insurance rate in Eugene, at $774. However, its median price is $30,998. To out this median price into perspective, consider this: the Ford F-Series is available for a median price of $9976 in Macon, Georgia and $11496 in Springfield, Missouri. If you want to buy a Ford F-Series in Eugene, you could buy it from one of these states and have it shipped back home. This would save you a huge chunk of your upfront costs, even after you pay for shipping charges and auto transport insurance.
The cars which are likely to cost you the least insurance-wise are listed in the table below.
| City | Make | Model | Average Annual Insurance Rate ($) |
|---|---|---|---|
| Eugene | Ford | F-Series | 774 |
| Eugene | Toyota | Corolla | 789 |
| Eugene | Chevrolet | Silverado | 796 |
| Lincoln | Ford | F-Series | 834 |
| Eugene | Honda | CR-V | 842 |
The Toyota Camry, Honda Civic, and Nissan Altima are, however, not as affordable to insure in Lincoln, with annual average insurance rates of $961, $993 and $1003, respectively. The Honda CR-V, Honda Accord, Honda Civic, Toyota Camry, and Nissan Altima have the most expensive insurance deals in Virginia Beach, with average insurance rates of $1007, $1027, $1066, $1099, and $1113, respectively.
