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OK SB933

Bill

Status

Introduced

2/7/2011

Primary Sponsor

Constance Johnson

Click for details

Origin

Senate

2011 Regular Session

AI Summary

  • Amends 36 O.S. 2001, Section 3636 to modify uninsured motorist coverage requirements for motor vehicle insurance policies in Oklahoma.

  • Requires insurance companies to provide a revised standardized form (effective November 1, 2011) offering uninsured motorist coverage options with specific language about coverage limitations and benefits.

  • Clarifies that uninsured motorist coverage does not cover vehicle damage unless specifically provided in the policy, and must be explicitly stated in bold on the disclosure form.

  • Maintains existing requirements for coverage amounts matching bodily injury liability limits and allows insureds to reject coverage in writing.

  • Effective date: November 1, 2011.

Legislative Description

Motor vehicle insurance; uninsured motorist coverage. Effective date.

Insurance

Last Action

Second Reading referred to Retirement and Insurance

2/14/2011

Committee Referrals

Retirement and Insurance2/14/2011

Full Bill Text

No bill text available