OAR 735-050-0055
Proof of Compliance with Financial Responsibility Requirements
(1)
This rule specifies the information that constitutes satisfactory proof of compliance with financial responsibility requirements for the purposes of vehicle registration renewal under ORS 803.460 (Proof of compliance with financial responsibility requirements) and accident reporting under ORS 811.725 (Driver failure to report accident to Department of Transportation).(2)
For the purposes of ORS 803.460 (Proof of compliance with financial responsibility requirements) and ORS 811.725 (Driver failure to report accident to Department of Transportation), DMV shall accept any one the following as proof of compliance with financial responsibility requirements:(a)
The name of the insurer issuing policy and the policy number, the insurance producer’s binder number, or any other number that identifies the policy.(b)
A valid certificate of self-insurance as established in ORS 806.130 (Self-insurance).(c)
Information that a motor vehicle liability insurance policy has been issued for a vehicle applying for renewal of registration, submitted by insurers under ORS 742.580 (Report of cancellation, nonrenewal or issuance of motor vehicle liability policy), 806.195 (Information submitted by insurers), and OAR 735-050-0131 (Oregon Automobile Liability Insurance Reporting (ALIR) Requirements), unless DMV has reason to believe that the information is incorrect, outdated, or the policy has been cancelled or not renewed.(3)
Nothing in this rule shall prevent DMV:(a)
From requiring an applicant for vehicle registration renewal to provide proof of compliance with financial responsibility requirements, as set forth in ORS 803.460 (Proof of compliance with financial responsibility requirements)(1); and
Source:
Rule 735-050-0055 — Proof of Compliance with Financial Responsibility Requirements, https://secure.sos.state.or.us/oard/view.action?ruleNumber=735-050-0055.