Oregon residents know that car insurance is required for all drivers, or at the very least, liability insurance. It’s important to have basic knowledge about Oregon car insurance when driving in this state.
Minimum Requirements for Car Insurance
In Oregon, you must carry Personal Injury Protection (PIP) insurance, as well as liability insurance that covers personal injury minimum limits. The policy must cover a minimum of $15,000 for personal injury protection benefit, $25,000 for uninsured motorists, and $25,000 for bodily injury or property damage. These amounts are per person, and increase in cost when including others or include damage to others. As these are minimums, insurance costs for higher limits could be higher.
7 Types of Automobile Insurance Coverage
Personal Injury Protection: PIP coverage is applied no matter who was at fault and extends to lost income, medical and funeral expenses, and household assistance. Both you and your passengers are covered. Pedestrians are also covered.
Liability Coverage: This coverage is applies when you are responsible for the accident, and covers the expenses of the damages to persons or property that you caused.
Collision Coverage: This takes care of damages to your car, regardless of fault.
Uninsured Motorist: This coverage helps when you are involved in an accident with someone without insurance.
Comprehensive Coverage: This covers damage done to your car by factors outside of an accident, such as if it were stolen, vandalized, or damaged by a natural disaster.
Rental Car Coverage: This covers the fees of a rental car while your car is under repair after an accident.
Umbrella Coverage: Umbrella coverage pays when the underlying limits were not enough to cover the claim. It is like an extra layer of liability insurance.
If you have been the victim of a car accident, legal representation could be necessary to get the reparations you deserve. We can fight your case. Contact our attorneys at Shlesinger & deVilleneuve today.