Oklahoma Auto Insurance Requirements

Drivers in the state of Oklahoma should be aware of the insurance regulations set by the state for minimum liability coverage. Each state sets its own standards when it comes to the amount each driver must carry to legally drive in their state. In the state of Oklahoma you are required to obtain insurance before you can register your vehicle with the state.

The minimum liability coverage you must obtain for your vehicle is $25,000 for property damage, $25,000 for personal injury to one person, and $50,000 for personal injury to multiple people. You are required to carry proof of your liability insurance with you at all times while operating your vehicle. Getting stopped by a police officer without proper proof of insurance could result in serious consequences.

You could be fined up to $250, spend 30 days in jail, and/or have your driver’s license suspended if you cannot provide proof of insurance upon request. Police officers are authorized to perform checks to ensure that all drivers are carrying the correct amount of insurance at all times. If you cancel your insurance policy for any reason you will have a 30 day time frame in which to notify the state of your new policy in order to keep your vehicle registration valid.

If you do not own a vehicle but still operate them in the state of Oklahoma you must still carry insurance. This type of insurance is known as non-owner insurance and must meet the state’s minimum liability insurance guidelines.

It is highly recommended that you obtain more than just the state minimum insurance coverage. If you are involved in a serious accident the damages caused could easily reach close to $1 million. If you are deemed at fault in the accident you could become personally liable for any amount that exceeds your insurance coverage. Insurance experts agree that coverage that covers any less than $1 million in damages could be insufficient and could potentially harm the financial future of your and your family.