Okla. Stat. tit. 47, § 47-7-601.1
This is the official text of Okla. Stat. tit. 47, § 47-7-601.1, part of Oklahoma’s Stat. tit. 47, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 47,." Browse the sections below, each linked to its official government source.
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Owner's and operator's security verification forms -
Official statutory text
Contents.
A. Every carrier, upon issuing an owner's policy, a renewal
thereof, or a binder, shall supply a security verification form in
duplicate to an owner for each insured vehicle on a form approved by
the Insurance Commissioner.
1. The owner's security verification form shall contain the
following minimum information:
a. the name, address, and the five-digit National
Association of Insurance Commissioners (NAIC) company
code of the carrier,
Oklahoma Statutes - Title 47. Motor Vehicles Page 433
b. the name, address, and telephone number of the agent
or office where the existence of security may be
verified, if other than the carrier,
c. the name of the named insured; provided, the address
of the named insured shall not be included,
d. a notice that an owner's liability insurance policy
has been issued pursuant to the Compulsory Insurance
Law,
e. the year of manufacture, make, model, and the vehicle
identification number of each insured motor vehicle,
f. the inclusive dates the motor vehicle liability
insurance is in effect,
g. the policy number,
h. a warning to the owner that state law:
(1) requires a current copy of the owner's security
verification form must be surrendered to the
motor license agent or other registering agency
upon application or renewal for a motor vehicle
license plate,
(2) requires the other copy of the owner's security
verification form to be carried in the motor
vehicle at all times, and produced by any driver
of the vehicle upon request for inspection by any
peace officer or representative of the Department
of Public Safety. In case of an accident, the
security verification form shall be shown upon
request of any person affected by the accident,
and
i. the statement: "Examine policy exclusions carefully.
This form does not constitute any part of your
insurance policy."
2. When a carrier issues an owner's policy providing blanket
liability coverage for a fleet of motor vehicles, the requirement
for year of manufacture, make, model, and the vehicle identification
number specified in subparagraph e of paragraph 1 of this subsection
may be omitted, provided the security verification form shall bear
the term "Fleet Coverage" and otherwise meet the provisions of the
Compulsory Insurance Law.
3. In the event the effective dates within an owner's policy
exceed one (1) year, the carrier shall furnish the owner a copy of
the owner's security verification form at least annually in addition
to the time of issuance or renewal in order for the owner to submit
the copy for motor vehicle registration purposes.
4. In the event an owner's policy also provides liability
coverage which meets the requirements of an operator's policy, the
carrier may also issue to each person entitled thereto an operator's
security verification form as provided in this section.
Oklahoma Statutes - Title 47. Motor Vehicles Page 434
B. Every carrier, upon issuing an operator's policy, a renewal
thereof, or a binder, may issue to the insured person a written
operator's security verification form of a size which may
conveniently be carried upon the person, containing the following
minimum information:
1. The name, address of the carrier, and the five-digit
National Association of Insurance Commissioners (NAIC) company code;
2. The name, address, and telephone number of the person or
office where an inquiry may be made to verify the existence of
security;
3. The name of the named insured; provided, the address of the
named insured shall not be included;
4. A notice that in accordance with the Compulsory Insurance
Law, liability coverage has been issued for the named insured;
5. A statement reflecting the form may be carried in lieu of an
owner's form pursuant to the Compulsory Insurance Law while
operating a motor vehicle. The form shall be produced upon request
of any peace officer or representative of the Department of Public
be included;
4. A notice that in accordance with the Compulsory Insurance
Law, liability coverage has been issued for the named insured;
5. A statement reflecting the form may be carried in lieu of an
owner's form pursuant to the Compulsory Insurance Law while
operating a motor vehicle. The form shall be produced upon request
of any peace officer or representative of the Department of Public
Safety. In case of an accident, the form shall be shown upon
request of a person affected by an accident with a vehicle operated
by the insured;
6. The inclusive dates of liability coverage; and
7. The policy number.
C. A carrier may provide any additional information consistent
with the Compulsory Insurance Law of this state in an owner's or
operator's security verification form but shall not be required to
list the actual amounts of liability coverage thereon. The security
verification form shall not constitute nor be construed as any part
of an insurance policy, renewal or binder.
D. A carrier shall designate on the security verification form
whether the policy is a commercial auto policy.
E. The Insurance Department may approve security verification
forms in electronic format and paper format.
A. Every carrier, upon issuing an owner's policy, a renewal
thereof, or a binder, shall supply a security verification form in
duplicate to an owner for each insured vehicle on a form approved by
the Insurance Commissioner.
1. The owner's security verification form shall contain the
following minimum information:
a. the name, address, and the five-digit National
Association of Insurance Commissioners (NAIC) company
code of the carrier,
Oklahoma Statutes - Title 47. Motor Vehicles Page 433
b. the name, address, and telephone number of the agent
or office where the existence of security may be
verified, if other than the carrier,
c. the name of the named insured; provided, the address
of the named insured shall not be included,
d. a notice that an owner's liability insurance policy
has been issued pursuant to the Compulsory Insurance
Law,
e. the year of manufacture, make, model, and the vehicle
identification number of each insured motor vehicle,
f. the inclusive dates the motor vehicle liability
insurance is in effect,
g. the policy number,
h. a warning to the owner that state law:
(1) requires a current copy of the owner's security
verification form must be surrendered to the
motor license agent or other registering agency
upon application or renewal for a motor vehicle
license plate,
(2) requires the other copy of the owner's security
verification form to be carried in the motor
vehicle at all times, and produced by any driver
of the vehicle upon request for inspection by any
peace officer or representative of the Department
of Public Safety. In case of an accident, the
security verification form shall be shown upon
request of any person affected by the accident,
and
i. the statement: "Examine policy exclusions carefully.
This form does not constitute any part of your
insurance policy."
2. When a carrier issues an owner's policy providing blanket
liability coverage for a fleet of motor vehicles, the requirement
for year of manufacture, make, model, and the vehicle identification
number specified in subparagraph e of paragraph 1 of this subsection
may be omitted, provided the security verification form shall bear
the term "Fleet Coverage" and otherwise meet the provisions of the
Compulsory Insurance Law.
3. In the event the effective dates within an owner's policy
exceed one (1) year, the carrier shall furnish the owner a copy of
the owner's security verification form at least annually in addition
to the time of issuance or renewal in order for the owner to submit
the copy for motor vehicle registration purposes.
4. In the event an owner's policy also provides liability
coverage which meets the requirements of an operator's policy, the
carrier may also issue to each person entitled thereto an operator's
security verification form as provided in this section.
Oklahoma Statutes - Title 47. Motor Vehicles Page 434
B. Every carrier, upon issuing an operator's policy, a renewal
thereof, or a binder, may issue to the insured person a written
operator's security verification form of a size which may
conveniently be carried upon the person, containing the following
minimum information:
1. The name, address of the carrier, and the five-digit
National Association of Insurance Commissioners (NAIC) company code;
2. The name, address, and telephone number of the person or
office where an inquiry may be made to verify the existence of
security;
3. The name of the named insured; provided, the address of the
named insured shall not be included;
4. A notice that in accordance with the Compulsory Insurance
Law, liability coverage has been issued for the named insured;
5. A statement reflecting the form may be carried in lieu of an
owner's form pursuant to the Compulsory Insurance Law while
operating a motor vehicle. The form shall be produced upon request
of any peace officer or representative of the Department of Public
be included;
4. A notice that in accordance with the Compulsory Insurance
Law, liability coverage has been issued for the named insured;
5. A statement reflecting the form may be carried in lieu of an
owner's form pursuant to the Compulsory Insurance Law while
operating a motor vehicle. The form shall be produced upon request
of any peace officer or representative of the Department of Public
Safety. In case of an accident, the form shall be shown upon
request of a person affected by an accident with a vehicle operated
by the insured;
6. The inclusive dates of liability coverage; and
7. The policy number.
C. A carrier may provide any additional information consistent
with the Compulsory Insurance Law of this state in an owner's or
operator's security verification form but shall not be required to
list the actual amounts of liability coverage thereon. The security
verification form shall not constitute nor be construed as any part
of an insurance policy, renewal or binder.
D. A carrier shall designate on the security verification form
whether the policy is a commercial auto policy.
E. The Insurance Department may approve security verification
forms in electronic format and paper format.
Status: in_force · Read it on the official government site
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