Insurance; property insurance; abandoned oil and gas wells; coverage; subrogation; effective date.

Summary

The bill mandates that every homeowner’s property insurance policy in Oklahoma include coverage for structural loss resulting from an abandoned well beneath or near the home. It bars insurers from denying or limiting such claims and gives insurers the right to seek reimbursement from well operators, surface owners, the Orphan Well Fund, or other responsible parties. The law takes effect on November 1, 2026.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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