Blog entries tagged Auto Insurance

Oregon PIP insurance, understanding Oregon PIP insurance coverage

Mark Strauss — Mon, 09 Nov 2009 06:00:00 +0100

All Oregon auto policies contain "PIP" insurance coverage, or Personal Injury Protection coverage. Your Oregon PIP insurance coverage includes the following benefits:

Medical & hospital expenses
Income continuation benefits
Loss of services expenses
Funeral expenses
Child care expenses

When clients have been involved in an accident the first question I ask is, "How are you feeling" & "Do you need to seek medical treatment?" Most drivers are Read More...

Oregon PIP Statute to Change Effective January 1, 2010

Mark Strauss — Thu, 15 Oct 2009 05:00:00 +0100

A recent change to Oregon law significantly increases the maximum amount of lost income a PIP eligible claimant may recover. The new law also increases the minimum amount of property damage coverage that all automobile policies must carry.

Under ORS 742.524(1)(b), a PIP eligible claimant who is usually engaged in a remunerative occupation (i.e., a job that pays), but is unable to perform that occupation for at least 14 days because of a motor vehicle accident, is allowed to receiveRead More...

When renting a car to purchase or not to purchase the loss damage waiver

Mark Strauss — Sat, 12 Sep 2009 05:00:00 +0100

One of my clients recently contacted me saying they were driving in a rental car and asked how their auto coverage protects them while the car is rented. Here is how your auto coverage will cover you with an auto rental:

Your policy will pay for damage to a rental car if you carry Collision on your vehicle. If you do carry collision and you are involved in an accident you would still have to pay the deductible then the insurance company would pick up the remainder of the repair costs.Read More...

Pay as you drive auto insurance in Oregon - a new choice in auto insurance pricing for Oregon ...

Mark Strauss — Wed, 10 Jun 2009 05:00:00 +0100

Today's auto insurance pricing model has been considered inefficient by many as the traditional factors that contribute to your Oregon auto insurance rate such as driver characteristics (age, gender, marital status, & address), your vehicle usage, your driving record, and your insurance bureau score do not correctly assess the true risk of a driver.

It's common sense that the more time a vehicle spends on the road the more it is prone to a loss rather than when it is sitting in thRead More...

The cost of adding a teenager to an auto policy

Mark Strauss — Wed, 20 Aug 2008 05:00:00 +0100

It's always difficult for parents to grasp the cost of when they add their newly licensed teenager onto their auto policy. Prior to my advising the parent of the premium I always suggest a bus pass would be a better gift than a set of car keys. As a rule of thumb we always advise that whatever your monthly premium is you can expect your premium to go up anywhere between $100 - $200 additional per month. That's no joke. The reason for the increase in the cost is purely based on the statistics Read More...

Oregon Department of Motor Vehicle: New License Requirements

Mark Strauss — Thu, 19 Jun 2008 05:00:00 +0100

Oregon's Department of Motor Vehicles has put into place new requirements for those applying for and renewing driver's licenses. Whether you're applying for an Oregon driver license, instruction permit or ID card for the first time, renewing an expiring card or just replacing a lost card, you'll need to meet several new requirements that take effect July 1.

Under a new state law passed by the Oregon Legislature, everyone who applies for a first-time, renewal, or replacement driver licRead More...

Tips to help you save on your auto insurance

Mark Strauss — Fri, 16 May 2008 05:00:00 +0100

Purchasing the auto insurance that is right for you can be confusing, especially for first-time buyers. By learning the basics on how to get the most for your money, you can save on your auto insurance and feel confident you have adequate coverage. Below are some tips that can help you save money on your auto insurance.

Be a safe driver. Drivers with good driving records can save as much as 60 percent over drivers who cause accidents.
Enroll in a driving class. Drivers who complete aRead More...

When renting a vehicle - do you purchase the loss damage waiver?

Mark Strauss — Sat, 22 Mar 2008 05:00:00 +0100

One of my clients recently contacted me saying they were driving in a rental car and asked how their auto coverage protects them while they rent the car. Here is how your auto coverage will cover you with an auto rental:

Your policy will pay for damage to a rental car if you carry Collision on your vehicle. If you do carry collision and you are involved in an accident you would still have to pay the deductible then the insurance company would pick up the remainder of the repair costs.Read More...