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Oklahoma Car Insurance (OK)The State of Oklahoma requires that all passenger vehicles licensed in the state carry a minimum amount of liability insurance. In the instance of an accident for which you are at fault, this liability insurance protects the other car, its driver and its passengers. Oklahoma's minimum insurance requirements provide no protection for you in the event of an accident that is your fault.Get a FREE car insurance quote for Oklahoma today >> Minimum Car Insurance Requirements in OklahomaThe minimum bodily injury liability requirement is $25,000 for an individual and $50,000 for the entire incident. This means that your insurance will pay injury-related costs of up to $25,000 for one person in the other car, and a maximum of $50,000 for all passengers in that vehicle. The minimum property damage liability requirement is $25,000; this covers the repair costs for the other vehicle. These figures are statutory minimums, not limits to your liability. Because of the cost of medical care today as well as the prices for auto repair or replacement, most people carry car insurance with substantially higher limits. Additional Car Insurance Coverage in OklahomaInsurance companies licensed to do business in Oklahoma are required to offer a number of optional insurance components, which will round out your policy and provide some protection for you as well as the other guy. One popular clause is coverage for uninsured or underinsured drivers. This insurance will pay for injury related costs for you and your passengers should you collide with a driver who is uninsured or whose coverage will not pay for all your expenses. Some of these policies will cover your property damage as well. Medical payments insurance is another standard option that most people include in their coverage, particularly in a state such as Oklahoma, which does not have no-fault coverage for injuries. Medical payments insurance will pay for injury related costs for you and your passengers regardless of who is at fault. This coverage is often active for a set period - such as one year - after the accident. It may cover lost wages and disability as well as emergency treatment, hospitalization and any rehabilitation that might be required. There are two options that cover the cost of repairs to your vehicle. One is collision coverage, which pays for repairing your car in the event of an accident that is your fault. The other is comprehensive coverage, which pays for damage to your car caused by incidents unrelated to collisions, such as storm or fire damage, theft or vandalism. Car Insurance in Oklahoma CitiesLearn more about car insurance specifically in Oklahoma City. * Cars-Insured.net is not a broker, insurance agent, or carrier. The content on the site is for informational purposes only. Products and services described may not be available in all states. |
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