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The Oklahoma Insurance Department is responsible for: Enforcing the insurance-related laws of the state. Protecting consumers by providing accurate, timely and informative insurance information. Promoting a competitive marketplace and ensure solvency of the entities we regulate.
For $75,000 to $99,999 in premiums collected or claims paid, whichever is higher ? $20,000 bond required. For $50,000 to 74,999 in premiums collected or claims paid, whichever is higher ? $15,000 bond required. For $49,999 or less in premiums collected or claims paid, whichever is higher ? $10,000 bond required.
Our Mission The Oklahoma Insurance Department will provide competent and trustworthy employees who will protect Oklahoma consumers by providing timely assistance and information and efficiently regulate the insurance industry's market behavior and financial solvency while fostering a competitive insurance marketplace.
Where to get a surety bond in Oklahoma? Determine the type of surety bond you need from your contract. Oklahoma requires different types of surety bonds for various industries and purposes. Contractors can obtain surety bonds from Billy Insurance in Oklahoma. ... Pay the premium and obtain the bond.