An auto insurance policy in Oregon is simply a contract between your insurance company and you. The insurance company will promise to pay for certain financial losses that that are related to your vehicle while you are covered by the policy. As a client, your side of the auto insurance contract you promise pay a premium for that coverage.
Oregon drivers should carry the following Auto Insurance:
In Oregon, drivers are required by law to be able to pay for losses that they cause to others during an accident. One of the easiest ways to comply with this is to have Oregon Auto Liability Insurance.
Most financial institutions in Oregon will require auto insurance that will cover the damage of the vehicle when financed through them. In Oregon this will normally include the following types of insurance:
Collision auto insurance in Oregon will pay for damage that happen to your vehicle when it is in an accident. Standard collision coverage will pay for any repairs up to the fair market value of your vehicle.
There is usually some sort of deductible associated with Collision coverage. An insurance deductible is the amount of money that you are required to pay out of pocket towards repairs to your vehicle before the collision insurance will take effect.
Generally with the higher deductible the less you will need to pay for on your collision insurance premium.
Comprehensive coverage in Oregon is similar to collision coverage - the main difference is what comprehensive auto insurance in Oregon will cover damage caused to your vehicle that may be caused by an "act of God" or any unknown party.
Examples of things that are covered by your comprehensive auto insurance in Oregon include:
Like collision auto insurance in Oregon, comprehensive auto insurance will pay for repairs up to the fair market value, after you have paid your deductible.
Besides auto insurance for your car, Fox Insurance Agency can also provide insurance in Oregon for your motorcycle, classic car, motor home & RV, boat & Jet Ski, and ATV. Receive a free quote online by filling out this simple form and start saving money today.
Fox Insurance has been providing the residents throughoutOregon with car insurance for years. We have the expertise and knowledge to provide you with the auto insurance that will best fit your needs.
Offices Located at:
4800 SW Griffith Drive, #300, Beaverton, OR 97005