Garage liability insurance and dealer bonds
Garage liability insurance
$25,000 combined single limit
The UD-7 dealer certificate specifies $25,000 CSL. Oklahoma’s general road-use liability minimum is separately $25,000/$50,000/$25,000; a policy must also satisfy the requirements for actual vehicle use.
Insurance requirementsDealer bond
$25,000
Bond face amount. The premium you pay is priced separately.
Add a bond quote to your dealer insurance application.
Bond requirementsIn Oklahoma, insurance and licensing requirements depend on your dealer category. Independent used-auto, wholesale, broker, RV, motorcycle, truck and boat businesses can have different requirements. Confirm your license category with Oklahoma Used Motor Vehicle, Dismantler, and Manufactured Housing Commission.
Insurance and proof of coverage
Used-dealer certificate minimum: $25,000 combined single-limit bodily injury and property damage liability.
The UD-7 dealer certificate specifies $25,000 CSL. Oklahoma’s general road-use liability minimum is separately $25,000/$50,000/$25,000; a policy must also satisfy the requirements for actual vehicle use.
UM, UIM and medical coverage
BI means bodily injury. PD means property damage. For example, 25/50 BI means $25,000 per person and $50,000 per accident.
- Uninsured motorist (UM)
- May be rejected in writing
- Underinsured motorist (UIM)
- Part of UM; may be rejected
- PIP / first-party medical
- Not required
The $25,000 CSL figure is the used-dealer certificate requirement. It does not replace the general motor vehicle financial-responsibility requirement of $25,000 bodily injury per person, $50,000 per accident and $25,000 property damage for road use.
UM includes underinsured-motorist protection and may be rejected in writing. If selected, the minimum bodily injury limits are $25,000 per person/$50,000 per accident.
Agency UD-7 certificate, matching ownership, business name and lot address.
Your lease, lender or exposure to a serious accident may call for higher limits. Garage liability does not automatically insure the value of inventory or customers’ vehicles.
The dealer bond is a separate requirement
Dealer surety bond; secondary locations require separate bond
The bond amount is its face amount, not the price you pay. A surety prices the bond separately, and you may have to reimburse it for claims it pays. A dealer bond does not replace garage liability or inventory insurance. You can add a bond quote to the dealer insurance application.
State licensing fees
| State fee | Amount |
|---|---|
| Used dealer application fee listed in agency packet Packet lists an older manual application process; confirm the payable fee in the Commission's new live licensing platform. | $600 |
| Secondary location application fee in agency packet Confirm in live portal. | $200 |
These state fees are separate from insurance and bond premiums. Other licensing and startup expenses may apply. Confirm the payable amount in the current state application or portal.
A practical filing detail
Have the agent complete the Commission’s UD-7 certificate. It calls for the correct ownership, business name and lot address. A generic certificate may leave out the required details.
What does dealer insurance cost in Oklahoma?
The dealer certificate limit and the road-use liability requirement should both be addressed in the policy. For inventory coverage, outdoor storage and wind/hail deductibles are especially useful comparison points. Dealer-plate use, claims history and driver records also matter.
Real quotes issued by our agency, Pro Risk Solutions dba dealership.insure. Your price depends on your dealership and coverage. Employee counts include owners.
| Dealer example | Annual premium | Down payment | Monthly payments | Coverage |
|---|---|---|---|---|
| Oklahoma Established dealer Without inventory coverage | $1,878 | $497 | 9 payments of $169 | $75,000 garage liability per accident. Inventory coverage not included. |
| Oklahoma Dealer with liability and inventory coverage Liability + inventory | $2,994 | — | — | Garage liability included. $90,000 inventory lot limit; $25,000 maximum per auto. |
Oklahoma $1,878 example: coverage and business details
1 year in business · $75,000 garage liability per accident.
Inventory coverage not included.
State requirements and official sources
Quoted October 16, 2026.
Oklahoma $2,994 example: coverage and business details
Garage liability included.
$90,000 inventory lot limit; $25,000 maximum per auto.
Oklahoma dealer insurance costs and coverage comparison · What affects your insurance premium
Get your dealer insurance quote
Complete the dealer insurance application online. You can add a dealer bond quote in the same application.
Keep reading
Sources & resources
- Used Motor Vehicle Dealer application and instructions
- UD-7 Certificate of Insurance
- Oklahoma motor vehicle industry forms
- Oklahoma Insurance Department: UM/UIM selection
- Oklahoma Insurance Department: vehicle liability minimums
Policy wording controls actual coverage.