Rates of Wrath: Oklahomans have paid billions more in premiums for auto and homeowners policies

Rates of Wrath: Oklahomans have paid billions more in premiums for auto and homeowners policies

In 2019, an auto insurance study published by the Consumer Federation of America compared the regulatory framework of California with states across the country; California’s prior approval system had saved California drivers $154 billion on automobile insurance policies over a 20-year period, outperforming many states, Oklahoma included, that operated on a file-and-use regulatory framework, the study said.