Frequently Asked Insurance Questions
Find clear, straightforward answers to your questions about auto, home, landlord, and commercial insurance in Oklahoma.
What are the minimum auto insurance requirements in Oklahoma?
Oklahoma requires 25/50/25: $25K per person for injury, $50K per accident, and $25K for property damage.
Is uninsured motorist coverage required in Oklahoma?
No, but it’s strongly recommended. Oklahoma has one of the highest rates of uninsured drivers.
Does auto insurance cover hail or tornado damage?
Only if you have comprehensive coverage — not included in liability-only policies.
How can I lower my car insurance rates?
Improve credit, bundle policies, raise your deductible, and maintain a clean driving record.
Does my insurance cover rental cars or loaner vehicles?
Most full coverage policies extend to rental or temporary replacement cars — check with your insurer to confirm.
Is wind and hail damage covered under a standard home policy in Oklahoma?
Yes — but expect a percentage-based deductible for wind/hail events (often 1–5%).
Does homeowners insurance cover tornado damage?
Yes. Oklahoma policies typically include tornado damage, but verify deductibles and exclusions.
What’s the difference between actual cash value and replacement cost?
Actual cash value pays after depreciation.
Replacement cost pays to rebuild without depreciation.
Is flood damage covered?
No — flood requires a separate FEMA or private policy. It’s not part of standard home insurance.
What can increase my Oklahoma home insurance premium?
Claims history, roof age, credit score, location, and increasing severe weather trends.
What does a landlord insurance policy cover?
Structure, liability, and loss of rent — not tenant belongings.
Do I need separate insurance if I have multiple rental properties?
Yes, each property should be insured — some carriers offer schedules or portfolio discounts.
Is tenant-caused damage covered?
Sometimes — especially with tenant liability endorsements. Always require tenants to carry renters insurance (HO-4).
What is loss-of-rent coverage?
Reimburses you for missed rental income if the property is unlivable due to a covered loss.
Are vacant properties insurable in Oklahoma?
Yes, but only with specialized coverage. Standard landlord policies may exclude claims if a property is vacant too long.
What type of insurance is required to start a business in Oklahoma?
At minimum: general liability. If you have employees, workers’ comp is mandatory.
What is general liability insurance for small businesses?
Covers injuries, property damage, and legal defense if your business causes harm to others.
Does commercial insurance cover wind and storm damage?
Yes — if you have commercial property coverage. Deductibles for wind/hail may apply.
Is professional liability insurance the same as general liability?
No — professional liability covers service mistakes; general liability covers physical damage or injury.
Can I get insurance if I run a business from home?
Yes — but you need a business endorsement or separate policy. Homeowners insurance alone may not cover business claims.
Is commercial auto insurance required for my business vehicle?
Yes — if your vehicle is used for business purposes, you need commercial auto coverage.
Does commercial auto cover employees driving my vehicle?
Yes — as long as they are listed drivers or covered under permissive use.
Are tools and equipment in my work truck covered?
Not under commercial auto. You’ll need an inland marine or equipment floater policy.
Is rideshare or delivery driving covered under personal auto insurance?
Usually not. You need commercial or rideshare-specific coverage.
How are premiums calculated for commercial auto in Oklahoma?
Based on vehicle type, usage, mileage, driver history, and coverage limits.
Working With OKC Insurance Brokers
Why should I use OKC Insurance Brokers instead of going direct to an insurance company?
As an independent broker, we compare 20+ carriers to find YOUR best rate. Insurance companies only show you their rates – we show you everyone’s rates and help you choose what’s actually best for your situation in Oklahoma.
Do you charge fees for your service?
No fees ever. Insurance companies pay us when you choose a policy. Our service saves you money, doesn’t cost you anything.
How quickly can I get a quote?
Most quotes are ready within 2 hours during business hours. Urgent requests often get same-day service. Call or text (405) 509-9433 for fastest response.
What’s your process for switching my insurance?
We make it simple: (1) Get your new quote and select coverage, (2) We coordinate the effective date with your new carrier, (3) You cancel your old policy once new coverage is active. We guide you through each step to ensure no coverage gaps.
Are you available during severe weather events?
Absolutely. During tornado season and severe weather, John is available by phone, text, or email to help with claims and coverage questions. We’re here when Oklahoma weather strikes.
Do you offer better rates than online comparison sites?
Yes. Online sites don’t have access to all carriers and can’t customize coverage for Oklahoma’s unique weather risks like we can. Plus, you get personal service instead of automated responses.
Questions and answers written by John Shawareb, Licensed Insurance Broker in Oklahoma and Owner of OKC Insurance Brokers. With over 10 years of experience, John has helped thousands of Oklahomans protect their homes, vehicles, and businesses.
Last updated: June 2025
JOHN SHAWAREB
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