Many insurance companies use a person's credit rating as one of the determining factors in whether or not to offer them car insurance. In Oregon, insurance companies have an extra onus on them, in that before they can access a potential client's credit history records, they have to notify them of their intention. For someone just looking for quotes, having many insurance companies checking into their credit past can be uncomfortable. Although in most cases if you want to enjoy a cheap car insurance rate in Portland, Oregon you will have to agree to this type of credit check, it's beneficial to have the advance warning.
In addition to credit history, car insurance companies use other information to help them set a rate. This varies from one company to another but typically it's the driver's age, their driving history, the type of vehicle that the insurance is for as well as where the driver lives.
Trying to lower car insurance costs is something every person who drives in Portland, Oregon wants to do. There are different discounts available that apply to specific situations. For instance older drivers who invest money and time in a refresher driving course may enjoy a discount. The same is true of young drivers who are exposed to a driver training class. Insurance companies view these types of programs as beneficial and offer cheaper insurance rates to drivers who take advantage of them.
Also drivers who have been cited for speeding or have caused a few accidents can lower their rates by proving they've learned their lesson. The solution in this case does not come quickly though as it usually amounts to having to stay accident and ticket free for at least a few years. After that, finding cheap car insurance in Portland, Oregon will be much easier for those drivers.