Okla. Stat. tit. 47, § 47-7-600

As used in Section 7-600 et seq. of this title:

1. "Owner's policy" means a policy of motor vehicle liability

insurance which:

a. shall designate by explicit description or by

appropriate reference all vehicles with respect to

which coverage is thereby to be granted,

b. shall insure the person named therein and insure any

other person, except as provided in subparagraph c of

this paragraph, using an insured vehicle with the

express or implied permission of the named insured,

against loss from the liability imposed by law for

damages arising out of the ownership, maintenance,

operation or use of the vehicle,

c. may provide for exclusions from coverage in accordance

with existing laws, and

Oklahoma Statutes - Title 47. Motor Vehicles Page 428

d. shall be issued by an authorized insurer providing

coverage in accordance with Section 7-204 of this

title or in the case of a commercial automobile

insurance policy may be issued by an unauthorized

insurer as allowed pursuant to Section 1106 of Title

36 of the Oklahoma Statutes.

2. "Operator's policy" means a policy of motor vehicle

liability insurance which shall insure the named person against loss

from the liability imposed upon the named person by law for damages

arising out of the operation or use by the named person of any motor

vehicle not owned by the named person, subject to the same limits of

liability required in an owner's policy.

3. "Security" means:

a. a policy meeting the minimum vehicle liability limits,

b. a deposit of cash or securities as defined in Section

7-330 of this title having the equivalency of the

minimum vehicle liability limits,

c. self-insurance, pursuant to the provisions of Section

7-503 of this title, having the equivalency of the

minimum vehicle liability limits, or

d. for vehicles registered pursuant to the provisions of

Section 1127 of this title, a policy meeting or

exceeding the minimum vehicle liability limits;

provided, the policy may be issued by an insurance

company authorized to do business in the state of

residence or domicile of the member of the Armed

Forces and the motor license agent or other

registering agency shall accept the security

verification form issued by such insurance company.

4. "Compulsory Insurance Law" is the law requiring liability

insurance, which provides the minimum vehicle liability limits, in

conjunction with the operation of a motor vehicle in this state as

found in this article, Section 7-600 et seq. of this title.

5. "Security verification form" means a form, approved by the

Insurance Commissioner, verifying the existence of security required

by the Compulsory Insurance Law.

6. “Commercial auto coverage” means coverage provided to an

insured, regardless of the number of vehicles or entity covered,

under a commercial auto, garage or truckers coverage form or rated

from either a commercial manual or rating rule as filed and approved

by the Insurance Department. Vehicle type and ownership are not

necessarily the primary factors in either underwriting the coverage

or rating the coverage.