Oregon Minimum Coverage Car Insurance: Requirements and Costs (2024)

Oregon requires drivers to have minimum car insurance coverage, which includes $25,000 for bodily injury per person, $50,000 for bodily injury per accident and $20,000 for property damage per accident. Coverage also extends to uninsured/underinsured motorist coverage with limits equal to the bodily injury liability at $25,000 per person and $50,000 per accident and personal injury protection (PIP) at $15,000.

The state operates under an at-fault system, meaning the person responsible for the accident pays for the damage. The average monthly cost for this minimum coverage in Oregon is approximately $54. For those looking to potentially save on their premiums, it's worth exploring options for the cheapest car insurance in Oregon.

In Oregon, the law mandates drivers to carry minimum coverage auto insurance to legally operate a vehicle. The required minimums are as follows:

• $25,000 bodily injury liability per person
• $50,000 bodily injury liability per accident
• $20,000 property damage liability per accident
• $25,000 uninsured motorist bodily injury per person
• $50,000 uninsured motorist bodily injury per accident
• $15,000 personal injury protection per person

In a fault state, the person responsible for the accident is liable for the damages. Since Oregon is a fault state, insurance companies typically look at the driving record and the possibility of the policyholder being at fault when setting insurance premiums.

The table reflects the minimum coverage auto insurance requirements in Oregon, including bodily injury and property damage liability. Coverage specifics will vary per an individual's policy's terms and conditions.

When considering various factors for the cost of minimum car insurance rates, age stands out as the most influential. In Oregon, young drivers within the 22-29 age group face the highest premiums due to their inexperience behind the wheel, which presents a higher risk for insurers.

For drivers in Oregon seeking minimum coverage auto insurance, Country Financial and Progressive offer the most economical yearly rates.

• Country Financial: $474 per year and $39 per month
• Progressive: $525 per year and $44 per month

It's important to evaluate your specific needs to determine the most fitting coverage. Explore your options and find the best car insurance in Oregon to secure your vehicle appropriately.

In Oregon, drivers can opt for additional coverages, such as comprehensive, collision, uninsured motorist property damage and medical payments coverage. These options, while not mandated by law, can provide valuable protection against various incidents and financial losses. To determine how much car insurance you need, consider the benefits of these coverages in context with your personal situation and vehicle value.

The cost of a ticket for driving without insurance in Oregon is dependent on whether it's a first-time offense or a repeat violation. For first offenses, penalties include fines, while repeat offenses may lead to heavier fines and potentially more severe consequences.

Additional penalties for driving without at least minimum coverage in Oregon include:

• Fines: A financial penalty is imposed, which can increase with subsequent violations.
• License suspension: Your driving privileges may be revoked, with a fee to reinstate them.
• Vehicle impoundment: Your car may be taken into custody, incurring additional fees.
• Vehicle registration suspension: The legal authorization for your car to be on the road can be withdrawn.
• SR-22 requirement: A certificate to prove future financial responsibility may be mandated.

Driving without insurance in Oregon may also result in up to six months of jail time if you’re involved in an accident while uninsured. Abide by the law and maintain at least the state minimum coverage to avoid these penalties.

If your car insurance policy is canceled in Oregon, immediately stop driving your vehicle and contact your insurance agent to discuss options for reinstatement or to find new coverage. Driving without insurance is illegal and puts you at significant risk.

The Oregon DMV will likely be notified if your policy is canceled, as insurance companies are required to report lapses in coverage. Operating a vehicle without insurance may result in fines, vehicle impoundment or license suspension.

To regain coverage, shop around for a new policy with different insurance providers. Oregon does not have a state-run insurance program for high-risk drivers, but you can seek policies through the non-standard market where insurers specialize in covering drivers who might be considered high-risk.

Here, you'll find answers to common questions about policy minimums, coverage options and penalties for noncompliance in Oregon.