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Your insurance company will only pay up to the bodily injury limit specified in your policy. If the person suing you demands more than that amount, that person can sue you personally for it. That's why it's important to make sure you have the right auto insurance before you're involved in an accident.
If you do not file a report when required, Oregon law requires DMV to issue a suspension notice.
Oregon is what is called a ?modified comparative negligence? state. This means that you can recover damages in a car accident, but only ing to your level of negligence. If your negligence is greater than that of the other parties, however, you will be barred from recovering compensation.
DO NOT Panic ? it's important to try and stay as calm as possible. Assume it's nothing and just drive off. Sometimes the damage can be hidden. Admit fault. Let the police and insurance company investigate the fault of the accident. Wait to file a claim.
Within 72 Hours of a motor vehicle crash, you are required to submit an Oregon Traffic Accident and Insurance Report with DMV.
In Oregon, the statute of limitations for filing a lawsuit on personal injury claims like motor vehicle accidents or dog bites is two years from the accident date. ORS 12.110(1). That means you have two years from the date you are injured to file a lawsuit against the responsible party for compensation.
No, Oregon is not a no-fault state for auto insurance. Oregon is an "at-fault" or "tort" state, which means the person who is at fault for a car accident is responsible for paying for other people's injuries and property damage resulting from the accident.
In Oregon, the statute of limitations for filing a lawsuit on personal injury claims like motor vehicle accidents or dog bites is two years from the accident date. ORS 12.110(1). That means you have two years from the date you are injured to file a lawsuit against the responsible party for compensation.