Oklahoma Insurance Adjuster's License Practice Test 2025 - Free Insurance Adjuster Practice Questions and Study Guide

Question: 1 / 400

What is the maximum number of days an Oklahoma Property and Casualty insurer has to accept or reject a first-party claim?

30 days

45 days

In Oklahoma, a property and casualty insurer is required by law to make a decision on a first-party claim within 45 days of receiving the claim. This timeframe is established to ensure that policyholders receive timely resolution of their claims and that insurance companies handle claims efficiently. By enforcing this 45-day period, the regulation aims to protect consumers from unnecessary delays and ensure that they are not left waiting indefinitely for a decision on their claims.

The significance of this time limit is that it encourages insurers to process claims promptly, thereby fostering trust and transparency between the insurer and the policyholder. If the insurer fails to respond within this time frame, they may be subject to penalties or regulatory action, underscoring the importance of adhering to this deadline in the claims process.

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60 days

90 days

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