Reader’s Question:

Anyone out there who can give information regarding minimum auto insurance requirements in Oklahoma City, OK? I really appreciate it very much if someone from Oklahoma can answer.

Robert

Oklahoma City, Oklahoma OK

Minimum requirements in the state of Oklahoma are 25/50/25. Your auto insurance must provide coverage to the tune of twenty five thousand dollars for medical expenses incurred by an individual driver, fifty thousand dollars for combined medical expenses of all of the occupants of a vehicle and twenty five thousand dollars to provide for repair to public and private property, including the vehicle of the victim.

Liability insurance is required for all Oklahoma vehicles which will cover the cost of medical car and auto repair to the person and vehicle injured in an accident for which the insured was responsible. Medical expenses and repair costs can quickly rise in excess of these amounts and the insured will be held personally liable for the difference that is why it is strongly recommended that a liability policy greater than the minimum be purchased.

Comprehensive and collision insurance is not required unless a vehicle is under lien but is still recommended in Oklahoma City, OK. If you are responsible for an accident and has no collision insurance, you will be held singly responsible for repairs to their vehicle. Collision coverage will provide for repairs up to the Kelley Blue Book value of your car, so if costs exceed this amount the car will be totaled and you will receive the cash value of the car.

Tags: auto insurance, car insurance