The Oklahoma Insurance Department (OID) has issued a , due to the unauthorized sale of auto warranty contracts in Oklahoma. Effective immediately, the company must stop all sales activities within the state. The OID stresses that any entity offering auto warranty contracts to consumers in Oklahoma must be properly authorized by the OID.
“Taking action against unauthorized entities is one of the many ways we protect Oklahoma consumers,” said Oklahoma Insurance Commissioner Glen Mulready. “Licensing ensures that companies uphold ethical standards and remain accountable for their practices.”
The OID began an investigation after receiving consumer complaints about the sale of unlicensed auto warranty plans in Oklahoma.
Consumers are encouraged to verify a company’s licensing status before purchasing any policy. If you suspect fraud or need to file a complaint, please contact the OID at 800-522-0071.
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