Automobile Accidents and Oregon Insurance


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In Oregon there are an estimated 4,086,000 vehicles registered with the state Department of Motor Vehicles and roughly 2,842,000 licensed drivers, but there were also over 44,090 car crashes in 2010. Automobile collisions are simply one of the many reasons why motorists in the Beaver State are required to carry Bodily Injury liability (BI), Property Damage liability (PD), Personal Injury Protection (PIP) as well as Uninsured Motorist Coverage. Residents should know, however, that filing a claim can often have an impact on a driver’s premium, and sometimes the basic coverage thresholds required by the state may not be enough to cover potentially serious accidents.

A helpful way to avoid paying for costly repairs after an at-fault collision often involves purchasing Oregon car insurance with sufficient levels of coverage, or making adjustments to an existing policy. As many residents know, the severity of an accident can range from inconsequential to financially devastating. If a motorist is at-fault for an incident where the amount of property damage exceeds their liability limits, the driver in question may end up paying the remaining expenses entirely out-of-pocket. To avoid these potential situations, OR motorists are frequently encouraged to improve their liability limits for only a few extra premium dollars. Striving to avoid accidents altogether, however, may be an even better way to keep coverage costs low.

Finding Cheaper Oregon Car Insurance After an Accident

The amount of money that a resident pays for a policy is typically based on a number of details that all influence their level of risk, or likelihood of filing a claim in the future. Often one of the more telling details can be an individual’s accident and claims history. When a motorist is forced to file a claim or is involved in multiple accidents, they frequently encounter higher coverage costs, especially if they were considered at-fault for the incident. If a resident files enough claims, they may also have difficulty finding an insurer in the future. Luckily there are ways for high risk drivers in the Beaver State to potentially locate more affordable coverage.

The National Association of Insurance Commissioners estimates that in 2008 the average expenditure in OR was roughly $727 but the price of a vehicle owners policy is likely to fluctuate for a number of reasons. If a motorist’s premium is increases to an unmanageable level after a collision, the Consumer Guide To Auto Insurance provided by the Oregon Insurance Division encourages drivers to consider searching for a more affordable policy by comparing quotes. Residents can often amass estimates in a matter of minutes by utilizing resources available over the Internet. If an individual finds an adequately priced plan, they are urged to purchase another policy before canceling an older one to avoid a potential lapse in coverage.

Source: http://www.onlineautoinsurance.com/oregon/

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