The Oklahoma Motor Vehicle Consumer Protection Act establishes new regulations regarding motor vehicle repair costs, specifically focusing on administrative charges and storage rates for total loss vehicles. The bill defines key terms such as "administrative charges," "auto body repair," and "storage rates," and sets a maximum hourly market rate for labor related to these charges. The Insurance Department is tasked with adjusting this hourly rate annually to account for inflation starting January 1, 2027. Additionally, administrative charges are limited to a maximum of four hours and must not exceed the established hourly market rate.

The act also outlines maximum daily storage rates for vehicles in the possession of auto body repair shops, with specific rates for standard vehicles and those with lithium-ion batteries. For the first ten days, the storage rate is set at $39 for standard vehicles and $125 for lithium-ion vehicles, with potential increases after the tenth day if certain conditions are met. Auto body repair shops are required to provide written invoices and respond to requests from insurance companies within eight business hours. The act will take effect on November 1, 2025.