In Tulsa, Oklahoma, the current state minimum limits for automobile insurance are $25,000 for bodily injury or death for one person, $50,000 for bodily injury or death for more than one person, and $25,000 for property damage.
By state law, if you wish to own and operate a motor vehicle you must always carry at least the minimum car insurance coverage in Oklahoma.
However, if you are found at fault in an accident, you may find that the mandatory minimum car insurance coverage in Oklahoma does not cover the medical bills and property damage you have incurred.
Oklahoma is a “Fault” or “Tort” state. This means that if you are found to be the party responsible for the accident, you have to pay for all medical bills for all injured parties, and possibly, the other parties’ lost wages, pain and suffering.
While each car owner is required to have the state minimum limits of insurance mentioned previously, uninsured and underinsured motorist coverage is optional.
Uninsured and underinsured motorist coverage pays for your personal injuries caused by:
(1) uninsured motorists;
(2) motorists that are at fault and have insurance but do not have enough coverage for all your bills, or
(3) hit-and-run drivers.
FAQ: Minimum Car Insurance Coverage in Oklahoma
According to Forbes, the average cost of a new car in 2015 is approximately $30,000.
If you are found at fault in an accident, and the other driver’s new car is totaled, you’ll likely face two significant problems.
The minimum car insurance coverage in Oklahoma probably will not cover the cost of the other driver’s car, not to mention the property damage to your own car.
Medical bills can vary depending on the severity of the accident. However, the cost of multiple fractures on one person can add up to more much more than the $25,000 allotted for one person’s bodily injuries under the state minimum insurance limits.
Therefore, the wisest course of action is to purchase more auto insurance than just those minimum limits.
Free Consultation: Oklahoma Car Accident Attorney
To find out if you might be entitled to compensation for injuries that resulted from an automobile accident, contact the Oklahoma car accident attorney at the Personal Injury Law Office of Tulsa today.
For a free, no-obligation consultation, call (918) 924-5528 or send your question using the email form on this page.
