OK HB3303

Auto insurers authorized in Oklahoma must submit their accident investigation process to the Oklahoma Insurance Department by July 1, 2027, or upon initial licensure application

Penalties for failing to comply with submitted investigation processes: up to $5,000 fine for first offense, minimum $10,000 fine for second offense, and 90-day suspension from writing new business for third and subsequent offenses

Insurers must pay auto accident claims according to police reports when a police report exists

Insurers may challenge claim determinations by requesting arbitration through the Oklahoma Insurance Department; violations result in 90-day suspension from writing new business in Oklahoma

Effective date: November 1, 2026