Oklahoma Insurance Dept. says unlicensed home warranty company must cease operations in Oklahoma

OKLAHOMA CITY (KFOR) - The Oklahoma Insurance Department (OID) on Tuesday said, it has issued a Cease-and-Desist Order against First Premier Home Warranty Corporation for unauthorized sale of home warranty contracts in Oklahoma.

According to OID, the order is effective immediately, the company is required to halt all sales activities in the state.

Insurance Commissioner Glen Mulready highlighted the importance of consumer protections stating, “Oklahoma consumers rely on home warranty companies to provide essential coverage. Our licensing protocols are designed to safeguard consumers and uphold ethical standards. When companies fail to adhere to these standards, we take swift action to protect consumers.”

OID says, the investigation began following complaints from consumers regarding the sale of unlicensed home warranty plans in Oklahoma. The OID continued emphasizing that any entity offering home warranty contracts to Oklahoma consumers must hold proper authorization from the Oklahoma Insurance Department.

Consumers are urged to verify the licensing status of any company before purchasing a policy.

Suspected instances of fraud should be reported to the OID at 800-522-0071.