Oregon Auto Insurance Policy Requirements

Q: What is in a basic Oregon auto insurance policy?
A: The following are the different kinds of auto insurance that your Oregon auto insurance policy can include:

  1. Liability Coverage
    1. Because property and people comprise different insurance concepts, liability insurance is divided into these separate kinds of coverage:
      1. Bodily Injury Liability Coverage
      2. Property Damage Liability Coverage
    2. Liability coverage is required in Oregon. In addition to having a valid driver’s license in order to be a legal driver in Oregon, your auto insurance policy must include liability coverage:
      1. 25/50/10” (Oregon’s minimum auto insurance requirement)
      2. $25,000 for injury/death to one person.
      3. $50,000 for injury/death to two or more persons.
      4. $10,000 for property damage.
    3. Liability minimums vary for vehicles that have been leased.
  2. Collision Coverage is only mandatory when the vehicle has not been completely paid for (i.e. is financed). Collision coverage is recommended though not compulsory for an Oregon auto insurance policy.
  3. Comprehensive Coverage is required only if your vehicle is financed. If your vehicle is not financed, on the other hand, it is an optional part of an Oregon auto insurance policy.
  4. Medical Payments Coverage is not required for an Oregon auto insurance policy, but it is advised that you consider including it.
  5. Uninsured (and Underinsured) Motorist Coverage is a mandatory part of any Oregon auto insurance policy.
  6. Personal Injury Protection (PIP) Coverage must be included in your Oregon auto insurance policy.
  7. Other Options
    1. Towing Coverage
    2. Rental Coverage
    3. Loan/Lease Gap Coverage
Q: Is Oregon a No-Fault state?
A: No, no-fault insurance is not utilized in Oregon.

Q: How can I get a discount on a Oregon auto insurance policy?
A: Many individuals find that they can save money on their auto insurance policies. We have compiled a list of auto insurance discountsfor you.

Q: Where can I find more information about Oregon auto insurance?
A: More authoritative Oregon insurance information can be viewed online:
  1. Oregon Insurance Resources
    1. The Oregon Driver and Motor Vehicle Services Division (DMV) has information and services involving driving records, licenses, and vehicle registration.
    2. The Oregon Insurance Division provides pertinent information to insurance consumers, including anautomobile insurance page with information on making wise choices when choosing a policy, a glossary of terms, and the effect of credit scoring on insurance costs.
  2. National Insurance Resources

Oregon residents can look to a CLICKinsure agent for guidance in choosing an auto insurance plan. The population of the state is increasing rapidly as many new residents are attracted to the state’s opportunities and the beauty of its incredibly diverse landscape. From the Oregon Coast to Mount Hood, and from Willamette Valley to the Cascade volcanoes, CLICKinsure’s broker services extend across the state. Oregonians who live in any Oregon city, including Portland, Salem, Eugene, Gresham, Hillsboro, Beaverton, Bend, Medford, Springfield, and Corvallis, can take advantage of the services of a CLICKinsure agent.