Paying for high-priced auto insurance can empty your savings account and make it impossible to make ends meet. Comparing price quotes is a smart way to reduce premiums and put more money in your pocket. You have multiple auto insurance companies to pick from, and though it is a good thing to have a selection, lots of choices makes it harder to compare rates and find the lowest cost auto insurance.
Finding the best rates in Jenks is not rocket science. If you currently have car insurance, you should be able to cut costs considerably using these tips. Oklahoma consumers only need to know the best way to shop for auto insurance over the internet.
Save money by taking advantage of these ten discounts
Companies offering auto insurance don’t necessarily list every available discount in a way that’s easy to find, so we researched both well-publicized as well as the least known discounts you could be receiving. If you aren’t receiving every discount possible, you’re just leaving money on the table.
- Air Bag Discount – Vehicles with factory air bags can receive discounts of 20% or more.
- Claim Free – Drivers who don’t have accidents pay much less compared to frequent claim filers.
- Paperwork-free – Some insurance companies will discount your bill up to fifty bucks for buying your policy over the internet.
- Drivers Ed for Students – Require your teen driver to take driver’s ed class in high school.
- Club Memberships – Participating in a professional or civic organization could trigger savings when buying auto insurance.
- Fewer Miles Equal More Savings – Fewer annual miles can earn a substantially lower rate.
- Auto/Life Discount – Larger companies have a discount if you purchase life insurance.
- Good Students Pay Less – Performing well in school can be rewarded with saving of up to 25%. The discount lasts until age 25.
- Save over 55 – Older drivers may qualify for a small decrease in premiums.
- Homeowners Pay Less – Owning a house in Jenks can help you save on auto insurance due to the fact that maintaining a home requires personal responsibility.
Drivers should understand that many deductions do not apply to all coverage premiums. Most cut the price of certain insurance coverages like comprehensive or collision. So when it seems like it’s possible to get free car insurance, it just doesn’t work that way.
To see a list of providers with discount auto insurance rates in Jenks, click here.
Cheap Jenks Auto Insurance Comparisons
Most companies like 21st Century, Allstate and State Farm allow you to get coverage prices online. Obtaining pricing doesn’t take much effort as you just type in as detailed in the form. Behind the scenes, the system makes automated requests for information on your driving record and credit history and returns a price quote. This simplifies rate comparisons, but the time it takes to visit a lot of sites and enter the same data into a form is not the best way to spend an afternoon. But it’s absolutely necessary to have as many quotes as possible in order to find the best price possible.
A more efficient way to find lower prices requires only one form that obtains quotes from several companies at one time. It saves time, requires much less work on your part, and makes online shopping much more enjoyable and efficient. Immediately after submitting the form, your coverage is rated with multiple companies and you can pick any of the quote results. If one or more price quotes are lower than your current rates, it’s easy to complete the application and buy the policy. The whole process takes less than 15 minutes and can result in significant savings.
To find out if lower rates are available, click here to open in a new tab and complete the simple form. To compare your current rates, we recommend you enter the limits and deductibles exactly as shown on your declarations page. This way, you are getting rate comparison quotes based on identical coverages.
Auto insurance coverages and their meanings
Understanding the coverages of auto insurance helps when choosing the best coverages and the correct deductibles and limits. The coverage terms in a policy can be confusing and reading a policy is terribly boring. These are the normal coverages available from auto insurance companies.
Comprehensive auto insurance
This coverage will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against claims like falling objects, damage from flooding and hail damage. The most you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.
Auto liability
This can cover damage that occurs to other people or property in an accident. This coverage protects you against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.
It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 100/300/100 that means you have a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property.
Liability insurance covers things like court costs, medical services, legal defense fees and medical expenses. How much liability should you purchase? That is a personal decision, but consider buying as large an amount as possible. Oklahoma requires minimum liability limits of 25,000/50,000/25,000 but you should consider buying higher limits.
Coverage for medical expenses
Med pay and PIP coverage provide coverage for short-term medical expenses for things like ambulance fees, EMT expenses and funeral costs. They can be utilized in addition to your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants and also covers if you are hit as a while walking down the street. PIP is not available in all states and may carry a deductible
Collision insurance
Collision insurance pays for damage to your vehicle resulting from a collision with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.
Collision insurance covers things like crashing into a building, hitting a mailbox, colliding with another moving vehicle, colliding with a tree and rolling your car. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. You can also choose a higher deductible in order to get cheaper collision rates.
Coverage for uninsured or underinsured drivers
Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants and damage to your vehicle.
Since a lot of drivers only purchase the least amount of liability that is required (which is 25/50/25), their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family.
Smart consumers save more
Discount auto insurance is possible on the web in addition to many Jenks insurance agents, and you should be comparing both to have the best selection. Some companies do not provide online price quotes and these small insurance companies work with independent agents.
As you prepare to switch companies, don’t be tempted to sacrifice coverage to reduce premiums. In many cases, an insured dropped collision coverage and discovered at claim time that it was a big mistake. The proper strategy is to purchase plenty of coverage at the best price.