Financial Responsibility Law
Oregon Revised Statutes Chapter 806
Edition and licensing notes
Edition. Oregon Revised Statutes 2025 Edition, chapter 806 page as served by oregonlegislature.gov and fetched 2026-09-29 (HTTP 200); the ORS index identifies the 2025 Edition as current. The chapter page prints no edition marker of its own. The page banner states that ORS sections in this chapter were amended or repealed by the Legislative Assembly during its 2026 regular session and points to the ORS 2026 amended/repealed table; the body text on the page is the current text as served.
Status. US state statute; public domain.
What this document is
Oregon Revised Statutes Chapter 806 - Financial Responsibility Law is a state statute published by Oregon Legislative Assembly, oregonlegislature.gov. It is one of the Oregon documents that insurance license exam questions are written from, including oregon property & casualty, oregon personal lines practice questions. This page summarizes it and points to the official version, which is the text to rely on.
Sections cited in practice questions
Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.
- ORS 806.060(2) (Methods of compliance)
“A person may only comply with the financial responsibility requirements of this state by establishing the required ability to respond in damages in one of the following ways: (a) Obtaining a motor vehicle liability policy meeting the requirements under ORS 806.080 that will provide at least minimum...”
- ORS 806.070(2) (Minimum payment schedule)
“(a) $25,000 because of bodily injury to or death of one person in any one accident; (b) Subject to that limit for one person, $50,000 because of bodily injury to or death of two or more persons in any one accident; and (c) $20,000 because of injury to or destruction of the property of others in any one accident.”
- ORS 806.011(4) (Proof of insurance; rules)
“The registered owner of the motor vehicle may black out or otherwise obscure the residence address, business address, mailing address or vehicle address shown on the proof of insurance, or other current proof of compliance with financial or future responsibility requirements approved by rule by the...”
- ORS 806.080(1)(b) (Insurance)
“The policy must include in its coverage all persons who, with the consent of the named insured, use the motor vehicles insured under the policy, except for any person specifically excluded from coverage under ORS 742.450.”
- ORS 806.075(1)(a) (Insurance requirements for person convicted of driving under influence of intoxicants)
“(1) The person must have a certificate or certificates of insurance that meet the requirements of ORS 806.270 except that the certificate or certificates must show that the person is covered by insurance that provides at least: (a) $50,000 because of bodily injury to or death of one person in any one accident;”
Practice this material
Questions about this source
More Oregon sources
- ORS Chapter 746 - Trade Practices (selected Secs. 746.005-746.240)State statute
- Oregon Revised Statutes Chapter 742 - Insurance Policies Generally (152 sections, 742.001-742.710)State statute
- Oregon Revised Statutes Chapter 743 - Health and Life Insurance, first half (74 sections, 743.004-743.268)State statute
- Oregon Revised Statutes Chapter 743 - Health and Life Insurance, second half (116 sections, 743.269-743.826)State statute
- Oregon Revised Statutes Chapter 743A - Health Insurance Mandated Benefits (whole chapter, 743A.001-743A.335)State statute
- Oregon Revised Statutes Chapter 743B - Health Benefit Plans, first half (47 sections, 743B.001-743B.287)State statute
- Oregon Revised Statutes Chapter 743B - Health Benefit Plans, second half (50 sections, 743B.288-743B.810)State statute
- Oregon Revised Statutes Chapter 744 - Insurance Producers and Life Settlements, first half (60 sections, 744.052-744.367)State statute