Learn About OR Insurance Requirements

Today many states have instituted a minimum level of coverage that is required on any vehicle that needs to be registered to drive on the roads. OR insurance requirements are no different. While each state has a specific type and level of coverage that is required, you can have more than the minimum as well.Oregon has a relatively low minimum limit for coverage. It is also quite typical of many of the states in the United States. The coverage that will be required as the absolute minimum to be on the state roads is $25000 for each person in an accident in the other car, $50000 for more than one person and $10000 for property damage.Understanding the personal liability coverage is the most important thing. The first two figures mean that any one person in an accident will receive a maximum of $25000 toward their medical care. If there is more than one person, they too could receive $25000. However, the maximum amount that will be paid per accident is $50000.These are the requirements for the vehicles that are registered and driven on the roads within the state. It is important to realize that these minimums do not cover you or your vehicle. They are intended to cover the other people and their vehicle. If you are at fault, you can be sued for amounts over what the coverage pays. If you are not at fault, it is likely that you may still be sued but you are not likely to be required to make payment.When you are involved in any type of accident, it is important that you are able to provide the proof of coverage to the officer on scene. If you do not have coverage or are unable to provide proof, you may receive a ticket for failing to have proper paperwork in your vehicle. Obviously this will be waived if you are seriously injured in the accident or your vehicle is destroyed in some way.OR insurance requirements are set to protect other drivers on the road. While many will discover quickly that obtaining just the minimum is truly not enough coverage, it is all that is required by law. If a person is struggling with paying for their coverage, obtaining just what is required can help them through the difficult financial period. However they will be running a risk if they are involved in any type of accident that they could be sued for any additional amounts.