Personal Vehicle Sharing
Reference Statute ORS 742.585-742.600
Oregon's personal vehicle sharing program is well-defined in Oregon Revised Statute (ORS) 742.585-742.600 to protect both insurers and policyholders. The Oregon Insurance Division has reviewed and approved a number of form filings submitted by insurers to clarify their personal auto insurance contracts and exclude coverage where allowed by the new law.
A large percentage of the 130-plus insurers that write personal auto coverage in Oregon has chosen not to make any change in their auto contract for private passenger autos. We want insurers to be aware of the law, which went into effect January 1, 2012. The Division has established guidelines for acceptable policy language tied directly to the wording of the law.
Guidelines for acceptable amendments and language:
If you have questions, please contact Cece Newell, CIC, PIR, Policy Analyst at email@example.com or 503-947-7203.