Insurance; motor vehicle total loss or damage claim; appraisal process; requiring policies to include certain provision; claim notification; effective date.

Summary

The bill revises Oklahoma’s auto insurance law to dictate how insurers must settle total‑loss and damage claims, offering either a comparable replacement vehicle or a cash payment with detailed documentation. It adds consumer protections such as banning forced repair shops, unreasonable travel requirements, and unfair deductions, and it establishes standards for appraisers. The changes apply to all first‑party auto insurance policies in the state.

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

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