With so many people’s robust schedules in the state of Oklahoma, it’s very easy to become involved in an automobile accident, which can be very minor or very traumatic. Often with damages ranging in the hundreds of thousand dollars if major injuries or casualties take place. Since all motorists within the state of Oklahoma are susceptible to becoming involved in an accident, Oklahoma State requires that all vehicles be insured with minimal insurance coverage. To guarantee motorists will be able to pay for costs associated with the ongoing rise in repairs due to car accidents, Oklahoma has a law that requires every registered vehicle to have adequate auto insurance.
The state also requires that insurance agents implement Oklahoma State Limited Minimum Insurance Requirements for all motorists to further reduce risks levels. Tight budgets causes motorists to shy away from getting the coverage they need for their automobiles. Therefore it is imperative that the professional insurance agent provides full disclosure of the various insurance options for Oklahoma motorists. For example, to be consistent with Oklahoma’s auto insurance laws, the motorist must have policies that include liability insurance designed to assist you to covers costs associated with either property damage, injuries, or casualties due to an accident caused by you. Since the liability insurance only provides limited insurance, it will be to your advantage to also speak to a licensed insurance professional about purchasing additional coverages to add even further financial protection to areas not covered under the minimum liability insurance policy.
Hit and runs, damages due to severe weather conditions, flooding or theft, are all common risks associated with operating a vehicle in Oklahoma. Additionally, risks increase if an uninsured motorists hit your automobile. All of these issues and more may have an effect on your insurance rates and your policy going forward.
For more information, please visit our office to speak to one of our agents or use our online quote tools.