Cheap Insurance Hillsboro

Cheap Insurance Hillsboro

Hillsboro is the fifth-largest city in Oregon and west of the Portland metro area. Many of its residents make the half hour commute to the city each day for work, but Hillsboro has greatly increased its number of economic industries. This is especially true of the city’s growing high-tech industry which has attracted a number of companies, including Intel and Yahoo. However, the manufacturing industry still employs almost a quarter of the city’s workforce. The cost of living has also increased with the tech boom, which is giving the city a reputation as the “Silicon Forest” (mimicking California’s Silicon Valley). This also means insurance prices are going up, so its more important than ever to comparison shop. If you’ve seen your rates rise, take a couple minutes to compare the choices for cheap insurance Hillsboro has made available.

Here are some other things that might affect your rates:

  • The city’s major employment sectors employ a number of high-skilled and highly-educated workers. Tech, medicin, education, and even manufacturing jobs often make drivers eligible for additional discounts on their auto policies.
  • The city has gone from 37,000 residents in 1990 to 97,000 (estimated as of 2013). This rapid growth causes insurance companies to tweak their rates frequently, so you might see your premiums rise and fall each year based on new data. This is another reason to re-shop your rates at least twice a year to make sure you’re always paying the lowest price available.
  • The good news is that, while the population is growing the crime rate is falling. There were only 115 stolen cars and around 1,700 thefts in the city in 2012. This can help lower the price of certain policies and coverages.

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