The State of Oregon requires all motorists to have the required minimum liability insurance coverage of $25,000 per person bodily injury and property damage, $50,000 per crash for bodily injury to others, and $10,000 per crash for property damage. Moreover, the state DMV also requires the liability policy to have the personal injury coverage of at least $15,000 per person. The personal injury coverage shall pay for the medical and other expenses incurred in the accident for a period of one year.

Before a vehicle can be registered in the state, the owner must certify that he will have the required insurance and shall maintain it for as long as the vehicle is registered and operated in the state. Although the state does not require the vehicle owners to show their proof of insurance, the state DMV randomly checks the insurance of the vehicles registered in the state. Upon selection, those who have been selected will have to provide the DMV the details of their insurance. The DMV then verifies the details. Should the vehicle owner fails to provide the DMV with the details of his insurance his driver’s license will then be suspended. Now if the owner claims to have insurance but does not actually have it he will be charged with misdemeanor and may even spend time in jail.

The State of Oregon provides certain rights to the consumers and policy holders of homeowners insurance in the state. First, according to State law, an insurer may not deny, refuse to renew, charge more and limit the coverage of anyone because of his national origin, religious belief, race and color. Similarly, this applies also to age, gender, domestic partnership, disability and marital status of the person. The insurance company can only limit or increase rates if it is based on sound underwriting principles.

Basically the homeowners insurance in the state provides four coverage. First, it covers the house, its structures, fixtures and appliances inside the house. Second, it also covers the detached structures, such as your patio, garage and other structures in the property. Third, it also covers your personal belongings inside the home. Of course there are limits to what is included. For instance your car is not included and should have its own insurance. Also not included are jewelry, artwork, money and other items. You should check your policy to know what are included and what are not. Lastly it covers your living expenses should you need to move out of your home because it was damaged and will be repaired.

The State of Oregon provides certain rights to the consumers and policy holders of health insurance in the state. According to Oregon law if you are already covered by group plan, you cannot be denied because of your health status. Your coverage cannot also be limited because of your health status. Now under the guaranteed issue, when you purchase group insurance for your small business, insurance companies cannot deny your application because of the health status of the members or because of their age. Under the guaranteed renewable, your insurance policy cannot be cancelled because you got sick. Lastly, under the modified community rating, your health status cannot be used by the insurance company in determining the rate of your premium.

Now if you cannot afford to purchase health insurance from private insurance companies, you may be eligible for state programs such as the Oregon Medicaid. This is for those who have low income and cannot possibly pay for their own health insurance. If you have children ages 18 or below 18 years of age and do not have insurance coverage, you should check the Oregon Children’s Health Insurance Plan to see if they can qualify.

When it comes to life insurance, the types of life insurance most commonly offered in the state are the term life and the whole life insurance.