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 and collision reporting under ORS 811.725. (2) For the purpose of vehicle registration renewal under ORS 803.460, DMV shall accept any one the following as proof of compliance with financial responsibility requirements: (a) The name of the insurer that issued the motor vehicle liability insurance 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. (c) Information that a motor vehicle liability insurance policy has been issued for a vehicle applying for renewal of registration, submitted by an insurer under ORS 742.580, 806.195, and OAR 735-050-0131, unless DMV has reason to believe that the information is incorrect, outdated, or the policy has been cancelled or not renewed. (3) For the purpose of collision reporting under ORS 811.725, DMV shall accept either of the following as proof of compliance with financial responsibility requirements: (a) A collision report that contains all of the following information for the vehicle driven and involved in the accident required to be reported under ORS 811.720: (A) The vehicle identification number (VIN); (B) The name of the insurer that issued the motor vehicle liability insurance policy; and (C) 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. (4) Nothing in this rule prohibits DMV from: (a) Requiring an applicant for vehicle registration renewal to provide proof of compliance with financial responsibility requirements, as set forth in ORS 803.460(1); or (b) Using any information submitted by an insurer under ORS 742.580, 806.195 and OAR 735-050-0131, to verify the accuracy of any proof of compliance with financial responsibility requirements submitted by the owner of a vehicle, or for any other purpose related to enforcement of compliance with financial responsibility requirements.