Oklahoma legislation · 2026 Regular Session
Oklahoma HB2933: Insurance; personal and commercial property; report; Insurance Commissioner; liability or collision; insurer; mediation; Homeowner Claims Bill of Rights; claims; effective date.
Status: In committee, April 28, 2026
What the bill says
An act increasing any hazard insured against. B. D. An insurer shall give to the named insured at the mailing address shown on a homeowner's policy, a written renewal notice that shall include new premium, new deductible, new limits or coverage at least thirty (30) days prior to the expiration date of the policy. If the insurer fails to provide such notice, the premium, deductible, limits and coverage provided to the named insurer prior to the change shall remain in effect until notice is given or until the effective date of replacement coverage obtained by the named insured, whichever occurs.
From the engrossed text, April 27, 2026:
an act increasing any hazard insured against. B. D. An insurer shall give to the named insured at the mailing address shown on a homeowner's policy, a written renewal notice that shall include new premium, new deductible, new limits or coverage at least thirty (30) days prior to the expiration date of the policy. If the insurer fails to provide such notice, the premium, deductible, limits and coverage provided to the named insurer prior to the change shall remain in effect until notice is given or until the effective date of replacement coverage obtained by the named insured, whichever occurs first. If notice is given by mail, the notice shall be deemed to have been given on the day the notice is mailed. If the insured elects not to renew, any earned premium for the period of extension of the terminated policy shall be calculated pro rata at the lower of the current or previous year's rate. If the insured accepts the renewal, the premium increase, if any, and other changes shall be effective the day following the prior policy's expiration or anniversary date. SENATE FLOOR VERSION - HB2933 SFLR Page (Bold face denotes Committee Amendments) C. E. In the event an insured cancels a homeowner's insurance policy or any other personal residential insurance coverage, written notice shall be provided …