ORS 742.460
Insurer’s right to provide for reimbursement and proration

Any motor vehicle liability insurance policy may provide that the insured shall reimburse the insurer for any payment the insurer would not have been obligated to make under the terms of the policy except for the provisions of ORS 742.450 (Contents of motor vehicle liability policy) to 742.464 (Excess coverage permitted), 806.080 (Insurance) and 806.270 (Certificate of insurance) and it may further provide for the prorating of the insurance thereunder with other valid and collectible insurance. [Formerly 486.561 and then 743.782; 1995 c.79 §363]

(formerly 486.561, then 743.782)

See annotations under ORS 486.561 in permanent edition.

§§ 742.449 to 742.466

Notes of Decisions

Where Financial Responsibility Law requires motor vehicle insurance policies to insure against all liability arising out of motor vehicle “ownership, operation, use or maintenance,” insurer’s named driver policy which insurer sold to insured in connection with insured’s vehicle must be construed as providing coverage by law and insurer is responsible for insured’s defense. Viking Ins. Co. v. Perotti, 308 Or 623, 784 P2d 1081 (1989)

Last accessed
May. 15, 2020