Car Insurance Companies Lake Oswego
As you search for the top car insurance companies in Lake Oswego, OR, get in touch with Schmidt Insurance Group. With our competitive rates and outstanding coverage, you’ll be free to drive with confidence!
Schmidt Insurance Group was established in Lake Oswego in 2019 to simplify the process of buying insurance while providing exceptional customer service. We proudly serve all of Oregon and Washington.
Our team consists of born-and-raised Oregonians who are specially trained in high-net-worth households and can help you find the exact amount of coverage you need.
In the states of Oregon and Washington, you are required to have a minimum liability coverage of $25,000 per person and $50,000 per incident. In many cases, this is not enough coverage.
We will customize an auto insurance solution for you with flexible options that fit your lifestyle and provide the right amount of protection. Our agents are specially trained in high-net-worth households and can help you find the exact amount of coverage you need.
Factors that Affect Rates
There are many different factors that will affect the rates you are quoted. They include:
- Your age
- Your driving record
- The record of other drivers on your policy
- Your profession
- The type of car you drive
- The age and/or value of your vehicle
- Where you live and park your car overnight
- Whether there are anti-theft devices installed on the car
- How much you drive each year
The only way to know if a rate you’ve been quoted is competitive is to get several quotes for the exact same coverage. Also make sure the policy lengths are the same so that you’re not comparing a 6-month policy from one company to a 12-month policy from another.
Types of Coverage Available
Having auto insurance is required by law in most states, including Oregon and Washington. We can provide coverage for virtually any driver, including young and high-risk drivers.
This rundown will give you an idea of the types of coverage available on most auto insurance policies. Some are required and others are optional, so you’ll be able to customize coverage amounts to suit your exact needs and budget.
- Bodily Injury Liability: Applies to injuries that you or family members listed on your policy cause to someone else and will protect your personal assets (such as homes and savings) from lawsuits that can happen after an accident.
- Property Damage Liability: Pays for damage that you (or someone driving your car with permission) accidentally cause to someone else’s property.
- Collision: Pays for damage to your car that occurs as a result of a collision with another vehicle or object, such as a tree or guardrail, when you are at fault.
- Comprehensive: Reimburses you for loss due to theft or damage caused by something other than a collision with another car or object, such as fire, flood, hail, falling rocks or trees, or vandalism.
- Personal Injury Protection (PIP): Provides reimbursement for medical expenses for injuries to you or your passengers. It will also cover lost wages and other related expenses.
- Uninsured and Underinsured Motorist (UM/UIM): Protects you if the at-fault party in your accident doesn’t have insurance or has insufficient insurance to pay for your damage, medical expenses, and loss of income.
If you are looking for the best car insurance companies in Lake Oswego, OR, get in touch with Schmidt Insurance Group. We’ll help you find the right coverage to fit the needs and budget of your family. Call us today at (503) 506-4554 to explore your options.
