742.468
Certain policies not considered motor vehicle liability policies. For purposes of statutes mandating
kinds or amounts of coverage that motor vehicle liability policies must
contain, the following shall not be considered motor vehicle liability
policies:
(1) Comprehensive
general liability policies.
(2) Excess
liability policies.
(3) Umbrella
liability policies. [1993 c.709 §10]
(Motorcycle Discount)
Notes of Decisions
Wright v. State Farm Mut. Auto. Ins., 22 P.3d 744 (Or. 2001).
· cites it 8× “450(1) and its application to the umbrella policy and endorsement at issue here, we note that, under ORS 742.468, umbrella policies generally are exempt from the statutory requirements for motor vehicle liability insurance policies.”
Savage v. Grange Mut. Ins., 970 P.2d 695 (Or. Ct. App. 1999).
· cites it 18× “The sole issue on appeal is whether ORS 742.468, 1 which became effective after defendant issued the umbrella policy but before the underlying accident, precludes recovery of UIM benefits.”
Or. Rev. Stat. § 742.468(2): 1 case
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