1. (a) Each licensed wrecker service from the time of movement of or otherwise making contact with any vehicle to be towed, may be liable for injury to persons, damage to property, fire, or theft resulting from the licensed wrecker service's negligent acts.
2. (b) A licensed wrecker service shall notify the Department of any change of insurance status during the licensing period, including but not limited to:
3. (1) Cancellation.
4. (2) Change of insurer.
5. (3) Changes of limits or covered activities.
6. (A) The Proof of Insurance shall show the make, year, and vehicle identification number for each approved wrecker vehicle.
7. (B) The insurance policy shall be in effect for the entire licensing period and shall insure against loss of life, bodily injury, and property damage in the following amounts:
8. (i) Class G or Class AA.
9. (I) Bodily Injury and Property Damage of not less than One Hundred Thousand Dollars ($100,000.00) combined single limit coverage for bodily injury and/or property damage as a result of the operation of the approved wrecker vehicle and/or as a result of the on-hook vehicle causing bodily injury and/or property damage.
10. (II) Garage keeper's liability insurance or storage location insurance of not less than Fifty Thousand Dollars ($50,000.00) with a deductible no greater than five thousand dollars ($5,000.00) for Class AA-TS or Class AA-TM storage and ten thousand dollars ($10,000.00) for Class AA-TL storage, which must include comprehensive perils to the towed vehicle while being stored by the licensed wrecker service. Any G Class licensed wrecker service not operating a storage facility shall be exempt from the provisions of this subparagraph.
11. (III) On-Hook or In-Tow liability insurance of not less than Fifty Thousand Dollars ($50,000.00) with a deductible no greater than five thousand dollars ($5,000.00) that must include comprehensive perils and collision to the towed vehicle while it is being towed by the licensed wrecker service.
12. (ii) Class AA-TM.
13. (I) Bodily injury and property damage of not less than Two Hundred Thousand Dollars ($200,000.00) combined single limit coverage for bodily injury and/or property damage as a result of the operation of the approved wrecker vehicle and/or as a result of the on-hook vehicle causing the bodily injury and/or property damage.
14. (II) Garage keeper's liability insurance or storage location insurance of not less than One Hundred Thousand Dollars ($100,000.00) with a deductible no greater than five thousand dollars ($5,000.00), which must include comprehensive perils to the towed vehicle while being stored by the licensed wrecker service.
15. (III) On-Hook or In-Tow liability insurance of not less than One Hundred Thousand Dollars ($100,000.00) with a deductible no greater than five thousand dollars ($5,000.00) that must include comprehensive perils and collision to the towed vehicle while it is being towed by the licensed wrecker service.
16. (iii) Class AA-TL.
17. (I) Bodily injury and property damage of not less than less than three hundred thousand dollars ($300,000.00) combined single limit coverage for bodily injury and/or property damage as a result of the operation of the approved wrecker vehicle and/or as a result of the on-hook vehicle causing the bodily injury and/or property damage.
18. (II) Garage keeper's liability insurance or storage location insurance of not less than one hundred fifty thousand dollars ($150,000.00) with a deductible no greater than five thousand dollars ($5,000.00), which must include comprehensive perils to the towed vehicle while being stored by the licensed wrecker service.
19. (III) On-Hook or In-Tow liability insurance of not less than one hundred fifty thousand dollars ($150,000.00) with a deductible no greater than five thousand dollars ($5,000.00) that must include comprehensive perils and collision to the towed vehicle while it is being towed by the licensed wrecker service.
20. (c) Any final judgment rendered by a court of competent jurisdiction against a licensed wrecker service or an owner or employee thereof, arising out of any services provided by the licensed wrecker service or any of its owners or employees, including the towing or storage of towed vehicles, must be satisfied within thirty (30) days. If such judgment is not timely satisfied, the wrecker service license shall be revoked and such revocation shall remain in effect until the judgment is satisfied. Provided, however, a release or written agreement signed by the judgment creditor and approved by the Department shall reinstate the wrecker service license. Provided, if the judgment is covered by insurance up to the amount and to the extent required in the rules, this Subsection shall not apply.
21. (d) Insurance information. The licensed wrecker service shall provide contact and other pertinent information regarding the insurance company and policy covering the licensed wrecker service to any person who might be eligible to file a claim against the applicable insurance policy.
22. (e) A notice from the insurance company to the Department of insurance cancellation for non-payment of the premium shall be sufficient reason for suspension of the wrecker service license. The suspension can be remedied only when the licensed wrecker service can demonstrate compliance with this Section.

Added at 42 Ok Reg, Number 20, effective 7-11-25