Oklahoma HB2965 increases the minimum insurance coverage for property damage in motor vehicle accidents.
Oklahoma HB2965 amends the state's insurance laws to increase the minimum amount of insurance coverage for property damage in motor vehicle accidents. The bill raises the minimum coverage from Twenty-five Thousand Dollars ($25,000.00) to Fifty Thousand Dollars ($50,000.00) for injury to or destruction of property of others in any one accident. The changes also make the language gender neutral and will take effect on November 1, 2026.
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