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Bill > HB4357


OK HB4357

OK HB4357
Insurance; required insurance coverage; mandatory minimum coverage; effective date.


summary

Introduced
02/02/2026
In Committee
02/03/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

An Act relating to insurance; amending 47 O.S. 2021, Section 1025, which relates to required insurance coverage; modifying mandatory minimum coverage by doubling minimums; and providing an effective date.

AI Summary

This bill, by doubling the mandatory minimum insurance coverage amounts for transportation network company (TNC) drivers, aims to increase financial protection in case of accidents. Specifically, when a TNC driver is logged into the TNC's digital network and available for ride requests but not yet on a prearranged trip, the required primary automobile liability insurance will increase from $50,000 to $100,000 for death and bodily injury per person, from $100,000 to $200,000 for death and bodily injury per incident, and from $25,000 to $50,000 for property damage. The bill also maintains the existing requirement for $1,000,000 in coverage for death, bodily injury, and property damage when a TNC driver is actively engaged in a prearranged ride. This legislation, which will take effect on November 1, 2027, ensures that TNC drivers and the companies they work for maintain higher levels of insurance to cover potential claims, providing greater security for passengers and the public.

Sponsors (1)

Last Action

Second Reading referred to Rules (on 02/03/2026)

bill text


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