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A Review of Oregon Auto Insurance Laws
Oregon is a tort state, which means that Oregon drivers are held
financially responsible for the property damage and personal injury they
cause in an auto accident. Liability coverage is required by law to meet
this responsibility, but drivers are also required by law to carry
several policies for their own protection.
Oregon auto insurance laws require a minimum of 25/50/10 in liability
coverage. (That's $25,000 per person for injuries you cause to the other
party, up to $50,000 for all, and $10,000 for any damage that you cause
to the other driver's car and/or property.)
Oregon auto insurance laws also require personal injury protection (PIP)
up to a maximum of $10,000. This policy covers you and your passengers
no matter who was at fault in the accident. Benefits include limited
coverage for medical expenses, loss of services, loss of wages, and
funeral expenses. Some drivers choose to lower their premium by applying
a deductible to this coverage.
Oregon auto insurance law also requires uninsured motorist bodily injury
coverage of at least 25/50 ($25,000 for injuries per person, up to
$50,000 total). This policy helps cover your medical expenses should you
be in an accident with a driver who doesn't have liability coverage. To
learn more about OR auto insurance laws and regulations, visit the
state's official website of the
Oregon Insurance
Division.
Oregon is a state in the Pacific Northwest region of the United States.
It joined the Union on February 14, 1859 as the 33rd state. Previously,
the region was part of the Oregon Territory that was created in 1848
after Euro-American settlement began in earnest in the 1840s. The state
lies on the Pacific coast between Washington on the north and California
on the south; Idaho lies to the east. The Columbia and Snake rivers form
much of its northern and eastern boundaries, respectively. Salem, the
state's third most populous city, is the state capital, while the most
populated city is Portland.
As of 2005, Oregon has an estimated population of over 3,640,000, which
is an increase of over 49,000, or 1.4%, from the prior year and an
increase of over 219,000, or 6.4%, since the year 2000. This includes a
natural increase since the last census of 75,196 people (that is 236,557
births minus 161,361 deaths) and an increase due to net migration of
150,084 people into the state.
There are a multitude methods that you can reduce the cost of your
coverage without compromising your liability. Car insurance comparison
online is one of the most stress free methods to shop for it.
Your driving record, the kind of car you own, where you live (New
York City auto insurance is going to be quite a bit more expensive
than a more rural location), how regularly you drive, when you drive,
how young you are (car insurance
for young men and women under 25 is more expensive), and lots of
other things all effect the insurance rate you’ll pay. Knowing what you
can do to lower your insurance premiums is profitable. For example,
taking public transit from and to work, or catching a ride with a fellow
employee who lives on your street might lower your insurance premiums by
as much as 53%. It will be worth your while to find out about these
factors.
When you are doing direct auto
insurance comparison online it’s imperative that you compare apples
to apples. It won't benefit you if one quote is really low but their
policy is poor in relation to their competitors. In fact, before you
finalize the deal or pay any money it is imperative to take the time to
read the policy and all the minute details. If you follow these tips
you'll be certain to get the best Oregon auto insurance at the
best price.
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