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• OK Auto Insurance
• Oklahoma Auto Insurance Coverage Options

Oklahoma Auto Insurance Coverage Options

Learn About Oklahoma’s Insurance Laws, Mandatory & Minimum Coverage Options

Click to view Oklahoma’s auto insurance minimum liability requirements.

Oklahoma follows a tort system for auto insurance.

A tort system is an auto insurance system that holds the driver who is responsible for causing the accident liable for the victim’s medical and other accident-related expenses, like “loss of wages” and “pain and suffering” compensation.

PIP (Personal Injury Protection) insurance in Oklahoma

Personal injury protection is an extension to auto insurance plans that covers medical and accident-related expenses regardless of who is at fault. It is not required in Oklahoma.

Common Types of Auto Insurance Coverage:

There are several types of auto insurance coverage options, some are mandatory in Oklahoma and some are optional. In order to decide what type of policy you want to buy, it helps to know what each type of coverage protects.

• Liability Coverage
• Bodily Injury Liability
• Property Damage Liability
• Supplementary Payments
• Uninsured/Underinsured Motorist Coverage
• Medical Payment Coverage

Liability Coverage

Every state requires some form of liability insurance. Liability insurance pays for bodily injury and property damage that the policyholder is deemed responsible for compensating. Typically, it covers the policyholder and any family member or person driving your automobile with your permission. Liability insurance will usually have separate limits of liability per person injured and limits of liability per accident (called split limits). For example, Oklahoma has minimum limit requirements of 12.5/25/7.5. If you purchase a policy that only covers the legally required minimum coverage, then your policy will pay up to $12,500 to any one person injured by a covered driver or up to $25,000 for all injured parties combined as a result of a single accident. Also, this coverage would have a single limit of liability for all property damage resulting from any one accident. In this example, the limit for property damage would be $7,500. Please Note that this is only an example of MINIMUM amounts required by Oklahoma law.

Bodily Injury Liability

Bodily injury coverage covers damages to other people involved in an accident where you are at fault. Examples of damages include medical and funeral
expenses, lost wages, disability, rehabilitation, pain and
suffering, law suit settlements and legal expenses.

Property Damage Liability

Property coverage pays for damages to other people’s
property as a result of an accident where you are at fault. Examples of damages include the
repair or actual cash value (ACV) of another individual’s
automobile or other property and legal expenses.

Supplementary Payments

There are a variety of coverage options that may be available. You must check with each individual insurer to discuss supplemental insurance coverage options. A few common examples are:

• Bail bonds
• Loss of earnings because of attendance at
  hearings or trials at the insurance company’s
  request
• Expenses for emergency first aid to others at
  an accident involving a covered auto
• Other reasonable expenses incurred at the
  insurance company’s request.

Uninsured/Underinsured Motorist Coverage

Uninsured (UM) or Underinsured Motorist (UIM) coverage will protect you
when an uninsured at-fault driver injures you
or another covered individual. It also provides property
damage coverage. Neither are required in Oklahoma.

Medical Payment Coverage

This is to pay for necessary and reasonable medical and funeral services.