Oklahoma Legislation Aims to Strengthen Consumer Protections, Address Rising Insurance Premiums

December 16, 2025

Last week, the Oklahoma Insurance Department (OID) announced a comprehensive package of 2026 legislative policy proposals that it said are designed to provide Oklahomans with stronger consumer protections, enhanced transparency and meaningful relief from rising homeowners insurance premiums.

In a press release, Insurance Commissioner Glen Mulready said the proposals reflect ongoing efforts to collaborate with lawmakers, industry stakeholders and consumer advocates. The goal, he said, is to ensure fair treatment, handle claims faster and improve access to affordable coverage.

“Oklahomans deserve an insurance market that is transparent, responsive, and accountable,” Mulready said. “This package addresses consumer frustrations—including slow claims responses, limited disclosure from insurers and premium increases—while helping stabilize the state’s insurance market.”

Mulready stated that the purpose of the 2026 legislative package is not only to give homeowners greater peace of mind but also to support a stable and competitive insurance market. Rep. Mark Tedford, R-Tulsa, and Sen. Aaron Reinhardt, R-Jenks, both expressed support for the policy proposals.

According to the press release, the OID will work closely with legislators during the 2026 legislative session, which begins in February, to advance these proposals.

Key components of the legislative package are outlined below.

Faster Response and Claims Handling

  • Shortened Response Deadlines for Complaints
    • Insurers must respond to OID consumer complaint inquiries within 14 days (reduced from 20 days).
    • Insurers must respond to insureds’ claims questions or information requests within 14 days (reduced from 30 days).
    • Insurers must acknowledge the filing of a claim within 14 days (reduced from 30 days).
    • Once an adjuster’s estimate is generated, a detailed estimate must be provided to the policyholder within 7 days.
    • Claim acceptance or denial required within 30 days (reduced from 60 days).
    • Final claim resolution deadline reduced from 120 days to 90 days.
    • Allows interest at 10% on untimely payments, mirroring life and health statutes.

    Strengthening Consumer Rights

    • Homeowner Bill of Rights
      • Establishes, in statute, a clear set of rights and timelines for homeowners during the claims process, along with guidance on what steps consumers should take when filing a claim.
      • Requires insurers to offer a discount for homes built or retrofitted to IBHS FORTIFIED standards, helping homeowners lower premiums through proven risk-mitigation upgrades.
      • Prohibits insurers from denying claims, refusing coverage, non-renewing policies, or reducing coverage based solely on aerial images.
      • Insurers may not non-renew, refuse to issue, or reduce coverage solely because a roof is 15 years or older.
      • Homeowners may obtain an independent inspection (at their own cost) to appeal roof-age determinations.
      • Insurers may not deny or non-renew solely due to roof age if an authorized inspection confirms at least 5 years of useful life remaining.
      • Updates statutory language to ensure insurers must provide coverage consistent with applicable building codes, whether local municipalities enforce those codes.

      Improved Market Transparency & Data Reporting

      • Quarterly P&C Market Stability Statements
        • Requires insurers to submit quarterly reports—similar to data calls—on non-renewals, market withdrawals, written premium, and other key indicators affecting consumers and the state’s insurance market.
        • Closes a loophole allowing entities outside the Department of Public Safety to use motor vehicle violation data beyond the legal 3-year lookback period.

        Mediation & Dispute Resolution Enhancements