Oklahoma Auto Insurance Laws
Auto Insurance Laws and Trends in OK
With Oklahoma's tort insurance system, all drivers are required to purchase minimum limits of liability insurance. This insurance will protect them against a claim where they are found at fault for an auto accident. Without this liability insurance, drivers will have to pay all medical expenses and property damages out of pocket. Under the tort law, motorists must purchase minimum coverage of $25,000 per person and $50,000 per accident, as well as $25,000 coverage for property damage.
Penalties for failure to follow auto insurance laws in Oklahoma
If a driver fails to follow these regulations, they face penalties of up to $250 and/or 30 days in jail. They will also be responsible for paying impound fees and re-instatement fees in order to drive.
Oklahoma's auto insurance premiums are on -par with national costs, generally fluctuating only within a couple dollars of the national average:
Month |
Oklahoma (in $) |
National Avg (in $) |
January |
153 |
153 |
February |
154 |
152 |
March |
158 |
152 |
April |
156 |
151 |
May |
150 |
149 |
June |
154 |
150 |
These fluctuations are due to the number of collisions that occur on Oklahoma roads every year. There are many causes of collision. Following are some of the most common causes:
Cause |
Drugs/Alcohol |
Speed |
Reckless Driving |
No Insurance |
Number |
23,051 |
12,854 |
10,319 |
26,443 |
Other Crash Statistics
State Population |
3,642,361 |
Total Crashes |
72,667 |
Total Injuries |
25,133 |
Total Fatalities |
673 |
Miles Driven |
46,900,098,300 |
Going for a weekend drive in Oklahoma?
Weekends seem to be the worst time for automobile accidents, especially fatal crashes. In a study conducted over a period of several years, it was determined that Friday, Saturday, and Sunday proved to have the highest rate of collisions in Oklahoma. Factors included speed, weather conditions, driver distractions, and failure to secure seat belts. Following are the worst days for fatal accidents over the past 3 years:
Year |
Date |
Number of Fatalities |
2008 |
Sunday, March 9 |
8 |
2007 |
Friday, May 18 |
12 |
2006 |
Saturday, August 26 |
10 |