Auto Insurance in Oregon
It’s no secret that Americans have a love affair with automobiles. Your car is often an extension of you, not to mention the trust you put in it to get you from point A to point B each and every day. As a result, having your car out of commission for even a short period of time can have a huge impact on your life. How will you get to work? Who will pick your children up from school? Don’t put yourself in this situation; if you live in McMinnville, Newberg, Portland, Salem, or anywhere in Oregon, call us today for a comprehensive auto insurance quote.
What is auto insurance?
Auto insurance protects you, as well as a third party, in the event of an automobile accident. Auto insurance can provide coverage for your vehicle, damage you may cause to another person’s vehicle or property, bodily injury for yourself and your passengers, and bodily injury caused to a third party.
Why do I need auto insurance?
Nearly all states in the U.S. require at least some form of active automobile insurance in order to legally operate a vehicle on public roads. However, if you live in a state that does not require this, even a seemingly minor accident can result in huge repair bills. And in today’s litigious society, these accidents can swiftly create costly liability claims as well. A better question might be: Why don’t I need auto insurance?
There are typically several major portions to any auto policy, which are described below. When you receive your Oregon auto insurance quote, you will typically see prices associated with each of these coverage’s:
- Bodily Injury (BI)
Bodily injury liability coverage will pay if an insured is legally obligated to pay damages due to bodily injury to others arising from an accident (i.e. a covered loss). Coverage amounts are available in split limits (such as 50/100, 100/300 etc). The first limit indicates the maximum amount (in thousands of dollars) that can be paid in any one accident to any one person for injury or death. The second limit indicates the maximum amount (in thousands of dollars) that can be paid in any one accident (occurrence) for all persons for injury or death. The policy also provides for legal defense costs, subject to provisions in the policy.
- Property Damage (PD)
Property Damage liability coverage will pay for accidental property damage caused by an insured driver to someone else’s property when the insured driver is legally responsible. The limit is per accident (occurrence), and is in thousands of dollars. (Example: ’50’ means $50,000). The policy also provides for legal defense costs, subject to provisions in the policy.
- Personal Injury Protection (PIP)
The formal name used for coverage associated with no-fault laws in applicable states. PIP generally encompasses medical expenses and loss of income. Refer to your policy contract for specific details.
Collision covers physical damage to the insured vehicle (less any deductible selected) when the damage is caused by a collision with another car or object as defined in the policy.
Comprehensive covers the insured vehicle for physical damage arising from perils other than collision. Refer to the policy for specific definitions and exclusions. Coverage is subject to the deductible selected.
- Uninsured Motorist Bodily Injury (UMBI)
Personal Auto Insurance that provides coverage for injuries if the insured is involved in an accident with an uninsured, at-fault driver. Coverage amounts are in split limits (ie – 50/100, 100/300 etc). The first limit indicates the maximum amount (in thousands of dollars) that can be paid in any one accident to any one per person. The second limit indicates the maximum amount (in thousands of dollars) that can be paid in any one accident for all persons.
- Uninsured Motorist Property Damage (UMPD)
Personal Auto Insurance that provides coverage for property damage if the insured is involved in an accident with an uninsured motor vehicle.
- Rental Reimbursement (RR)
This coverage reimburses the insured for the lesser of actual daily rental charges or the purchased limit option for a maximum of 30 days for each qualified disablement on a covered vehicle. A qualified disablement means a loss covered by the Comprehensive or Collision sections of the policy. Specific coverage limits vary depending on your policy, check your policy for specific details.
- Towing & Road Service
Covers reasonable and necessary towing and labor costs incurred because of disablement of an insured car. Coverage limits may apply, check your policy for specific details.
What does auto insurance NOT cover?
Each carrier has their own benefits and special coverage’s, so having a qualified, knowledgeable agent on your side can help you easily navigate what can be a confusing maze. Our agents will be happy to review your policy for any gaps in coverage, such as increased limits or more appropriate deductibles.
What discounts can I get on my auto insurance?
Most carriers offer claims-free discounts, good student discounts, multi-car discounts, paid in full & EFT discounts, good credit discounts, and discounts for bundling policies together. We can also counsel you on how to save additional money, such as raising deductibles or customizing coverage options.
What should I avoid when purchasing auto insurance?
The most common problems associated with auto insurance are having inadequate coverage limits, and not understanding what is specifically covered under a policy, as well as what is not. Our agents will help you gain a clear understanding of exactly what kinds of coverage you need, what limits should be present on your policy, and will then thoroughly review your policy with you to ensure your complete understanding.
How can Barlow Insurance, LLC help me with my auto insurance?
Barlow Insurance, LLC specializes in taking the hassle and confusion out of purchasing auto insurance. We have relationships with some of the nation’s largest and most trusted insurance companies, which means we’re sure to find the best coverage for your specific needs.
How can I get an auto insurance quote?
Call us at (503) 472-6036 or request an Oregon auto insurance quote online to obtain your free quote today. Whether you’re in McMinnville, Newberg, Portland, Salem, or anywhere in Oregon, we’ll make sure the process is simple, straightforward, and hassle-free.