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Bill > HB3384
OK HB3384
OK HB3384Insurance; personal residential insurance; renewal; premium increases; maximum increase; effective date.
summary
Introduced
02/02/2026
02/02/2026
In Committee
02/03/2026
02/03/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
An Act relating to insurance; amending 36 O.S. 2021, Section 3639.1, which relates to personal residential insurance renewal and premium increases; limiting annual homeowner's policy renewal premium increases to a maximum of ten percent; and providing an effective date.
AI Summary
This bill, effective November 1, 2026, amends existing Oklahoma law to cap annual homeowner's insurance policy renewal premium increases at a maximum of ten percent, meaning that insurers cannot raise the cost of a homeowner's policy by more than 10% when it is renewed each year.
Committee Categories
Business and Industry
Sponsors (13)
Trish Ranson (D)*,
Arturo Alonso-Sandoval (D),
Amanda Clinton (D),
Mickey Dollens (D),
Andy Fugate (D),
Ellyn Hefner (D),
Annie Menz (D),
Cyndi Munson (D),
Ellen Pogemiller (D),
Melissa Provenzano (D),
Ronald Stewart (D),
Aletia Timmons (D),
John Waldron (D),
Last Action
Referred to Insurance (on 02/03/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://www.oklegislature.gov/BillInfo.aspx?Bill=hb3384&Session=2600 |
| BillText | https://www.oklegislature.gov/cf_pdf/2025-26%20INT/hB/HB3384%20INT.PDF |
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