Compare Car Insurance Quotes in Oklahoma: Mandatory Coverage
In Oklahoma, the only form of coverage that is considered mandatory by the government is liability. Laws state that car owners must carry a policy that has no less than $25,000 bodily injury liability per person; $50,000 bodily injury liability per accident; and $25,000 property damage liability per accident. Despite the mandatory levels, specialists in insurance still recommend $100,000 bodily injury liability per person; $300,000 bodily injury liability per accident; and $100,000 property damage liability per accident, as they feel that the minimums are too low.
Compare Car Insurance Quotes in Oklahoma: Recommended Coverage
Insurance professionals highly recommend uninsured motorist coverage to protect drivers in case of an accident where the at-fault driver is uninsured. In Oklahoma, 23.9% of drivers are uninsured, making it the 4th highest state for uninsured drivers on the road. That means you have an almost 1 in 4 chance of the other driver being uninsured, which underlines the importance of this type of coverage.
Drivers with vehicles that have outstanding loans are required by the lender to carry personal property damage coverage. This includes both collision and comprehensive coverage. Collision pays for losses from at-fault accidents. Comprehensive pays for losses from named perils like storm damage, theft, fire and vandalism. Vehicles that are owned outright do not need this coverage, but many owners opt for it especially if the cars value is relatively high or it would be financially difficult to replace the vehicle.
Drivers may also want to look at carrying personal injury protection to cover medical expenses for themselves and their passengers regardless of who is at fault in an accident. Towing and labor coverage provides roadside assistance as needed. Rental car reimbursement helps put money back in the policy holders pocket when it is most necessary.
