4OK5—Newman Farm Airport
Velma, Oklahoma · Small / GA Airport
Elevation
1,140 ft
Longest Runway
3,300 ft
TURF-DIRT
Coordinates
34.550, -97.600
Aircraft Storage Costs
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Fuel Prices — Oklahoma
Oklahoma Insurance Requirements
Liability Required
No
Hull Required
No
Airport Requirements
Many airports and FBOs require proof of liability insurance ($1M minimum) for based aircraft and transient operations. Certificate of insurance naming the airport/FBO as additional insured is common.
No state law in Oklahoma requires aircraft insurance for private operations. The FAA does not mandate insurance for GA aircraft either. However, liability coverage is strongly recommended and is typically required by lenders and airports. An estimated 10-20% of GA aircraft fly uninsured (GAO-15-740).
Nearby Airports
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1OK3 Wolfe Field Airport
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1OK7 Grimes Airport
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22OK Smith Field
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3OK5 Bearden Private Airport
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5OL5 Morning Yodle Airport
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1F0 Ardmore Downtown Executive Air...
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