Minimum Car Insurance Requirements in Oregon
The minimum car insurance requirements in Oregon are:
$25,000 for bodily injury liability per person
$50,000 for bodily injury liability per accident
$20,000 for property damage liability per accident
$15,000 for personal injury protection per person injured in an accident
$25,000 for uninsured motorist coverage bodily injury per person
$50,000 for uninsured motorist coverage bodily injury per crash
When it comes to car accidents, Oregon is an at-fault or tort state. This means the driver responsible for the accident must pay for the damages incurred. Their insurance company is required to cover the injured victim’s damages, including medical costs and vehicle repairs. It’s important to note that even though Oregon is an at-fault state, personal injury protection (PIP) coverage is still required.
Why is car insurance required in Oregon?
Auto insurance protects drivers from financial liability in the event of an accident. Depending on a policy’s specific coverage limitations, car insurance may cover everything from vehicle damage to medical bills.
Bodily Injury Liability
Bodily injury liability is part of your liability car insurance coverage. If you cause an accident, this coverage will help cover the other party’s medical expenses. This type of coverage will not cover your own medical expenses for injuries sustained in a car accident you caused. Bodily injury liability coverage is required in Oregon.
Property Damage Liability
Property damage liability is the other half of your liability car insurance. It covers repair costs and damage expenses to the other cars involved in an accident you caused. This coverage does not cover damage to your own car in an accident you were at fault for. Property damage liability coverage is required in Oregon.
Personal Injury Protection
Personal injury protection, also known as PIP, covers medical bills, lost wages, and replacement services for you and other members of your household if you’re injured in a car accident. PIP provides coverage regardless of who is at fault for an accident. Personal injury protection is required in Oregon.
Uninsured/Underinsured Motorist Coverage
If an uninsured (or underinsured) driver causes an accident and you suffer bodily injury, uninsured motorist coverage will cover your medical expenses. If the at-fault driver surpasses their bodily injury liability coverage limits, your underinsured motorist coverage will cover the rest of your medical expenses. Uninsured/underinsured motorist coverage is required in Oregon.