Following a rash of earthquakes, a state lawmaker says he plans to file a bill to require insurance companies to notify Oklahomans whether their policies cover property damage caused by earthquakes.
Rep. Mike Shelton of Oklahoma City filed a bill last year that would have required insurance companies to notify Oklahomans who are purchasing or renewing an insurance policy whether the policy covers losses caused by earthquakes. Shelton says the measure was opposed by the insurance industry and died in a House committee.
Shelton says the bill is about making insurers become transparent. He says many constituents who filed claims for earthquake damage have learned their policies don’t cover it.
Shelton says that since Nov. 2, at least 21 earthquakes have been recorded in central Oklahoma by the Oklahoma Geological Survey.
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