Top 9 Ways You Can Buy Car Insurance for Less in Oklahoma City

Finding the cheapest Oklahoma City car insurance on the web is impossible for beginners to comparing rates online. Because there are so many online companies, how can Oklahoma City drivers even start to compare every one to find the best price?

How to Compare Oklahoma City Car Insurance Rates

All major car insurance companies such as Progressive, Allstate and GEICO quote prices online. The process is pretty painless as you simply type in the coverages you want as requested by the quote form. Once entered, the system sends out for your driving and credit reports and generates a price based on many factors.

This makes it a lot easier to compare rates but the work required to visit a lot of sites and complete many quote forms can be a bit repetitive. But it’s absolutely necessary to do this if you are searching for the lowest car insurance rates.

The easiest way to find better car insurance pricing uses one form that gets prices from a lot of companies. This type of form saves time, requires much less work on your part, and makes online shopping much more enjoyable. As soon as you send your information, your coverage is rated and you are able to buy any of the resulting price quotes. If a lower price is quoted, you simply finish the application and purchase the new policy. The entire process only takes a few minutes and may save quite a bit of money.

If you want to use this form to compare rates, click here and enter your vehicle and coverage information. If you have a policy now, it’s recommended you type in the limits and deductibles just like they are on your policy. Doing this assures you will have comparison quotes for similar insurance coverage.

Slick advertising tricks that work

Consumers can’t ignore all the ads for cheaper car insurance by Progressive, Allstate and GEICO. They all seem to have a common claim of big savings after switching to their company.

But how can every company make the same claim? This is how they do it.

All companies have a preferred profile for the right customer they prefer to insure. An example of a preferred risk could possibly be between 30 and 50, owns a home, and has a short commute. Any new insured who meets those qualifications receives the best rates and is almost guaranteed to save a lot of money.

Drivers who are not a match for the requirements will be quoted higher prices and this can result in the driver buying from a lower-cost company. The ads say “drivers who switch” not “people who quote” save that kind of money. That’s the way companies can truthfully advertise the savings. This emphasizes why you should get a wide range of price quotes. It’s not possible to predict the company that will provide you with the cheapest rates.

Discounts are great for lower rates

Companies offering auto insurance don’t necessarily list all their discounts in an easy-to-find place, so we took the time to find both well-publicized and the more hidden ways to save on car insurance. If they aren’t giving you every credit available, you are paying more than you should be.

  • Auto/Life Discount – Some companies give a break if you buy auto and life insurance together.
  • Low Mileage Discounts – Driving fewer miles could be rewarded with lower rates on the low mileage vehicles.
  • Passive Restraints and Air Bags – Cars that have air bags or motorized seat belts can receive discounts of up to 25% or more.
  • Anti-theft System – Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and earn discounts up to 10%.
  • Pay Upfront and Save – If you pay your bill all at once instead of monthly or quarterly installments you could save up to 5%.
  • Discount for Swiching Early – A few companies offer discounts for buying a policy before your current policy expires. The savings is around 10%.
  • Driver Safety – Taking part in a defensive driving course can save you 5% or more if you qualify.
  • Homeowners Discount – Owning a home in Oklahoma City can save you money because maintaining a house is proof that your finances are in order.
  • Multi-car Discount – Insuring more than one vehicle on the same car insurance policy could earn a price break for each car.

It’s important to understand that most of the big mark downs will not be given to the overall cost of the policy. A few only apply to the cost of specific coverages such as comprehensive or collision. So even though they make it sound like having all the discounts means you get insurance for free, companies don’t profit that way.

For a list of insurance companies with discount car insurance rates in Oklahoma City, follow this link.

You may need specialized coverage

When it comes to choosing proper insurance coverage for your personal vehicles, there isn’t really a single plan that fits everyone. Every situation is different.

For example, these questions may help you determine if your situation will benefit from professional help.

  • How much underlying liability do I need for an umbrella policy?
  • Will my rates increase for filing one claim?
  • Is my teen driver covered when they drive my company car?
  • I don’t drive much so do I pay less?
  • Does my policy pay for OEM or aftermarket parts?
  • Should I buy only the required Oklahoma minimum liability coverage?
  • Can I afford to pay high deductible claims out of pocket?
  • Do I need special endorsements for business use of my vehicle?
  • What can I do if my company denied a claim?
  • When should my teen driver be added to my policy?

If it’s difficult to answer those questions, you may need to chat with an insurance agent. If you want to speak to an agent in your area, fill out this quick form. It’s fast, doesn’t cost anything and can provide invaluable advice.

More tips and info about car insurance is located at the Oklahoma Insurance Department website. Consumers can discover disciplinary actions, file complaints about a company, and find out which companies have the most complaints.

Detailed coverages of your car insurance policy

Understanding the coverages of a car insurance policy helps when choosing the best coverages at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording.

Insurance for medical payments – Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses for hospital visits, chiropractic care, surgery and pain medications. They are utilized in addition to your health insurance plan or if you do not have health coverage. Coverage applies to you and your occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Liability insurance – Liability coverage can cover injuries or damage you cause to other’s property or people in an accident. It protects you from claims by other people, and doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property.

Liability coverage pays for claims such as attorney fees, funeral expenses, medical expenses, structural damage and medical services. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as high a limit as you can afford. Oklahoma requires drivers to carry at least 25,000/50,000/25,000 but you should think about purchasing better liability coverage.

Collision – This will pay to fix damage to your vehicle from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for claims such as crashing into a ditch, hitting a parking meter, hitting a mailbox and rolling your car. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. It’s also possible to bump up the deductible to bring the cost down.

Comprehensive coverage (or Other than Collision) – This coverage pays for damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Oklahoma City OK insurance quotes

Comprehensive can pay for things such as hitting a bird, fire damage, damage from flooding, theft and a broken windshield. The most you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Uninsured Motorist or Underinsured Motorist insurance – Your UM/UIM coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and damage to your vehicle.

Because many people only purchase the least amount of liability that is required (25/50/25), their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Final thoughts

When trying to cut insurance costs, it’s a bad idea to skimp on critical coverages to save a buck or two. In too many instances, someone sacrificed uninsured motorist or liability limits and learned later that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to buy a smart amount of coverage at an affordable rate while still protecting your assets.

You just learned a lot of information how to compare car insurance prices online. It’s most important to understand that the more rate quotes you have, the higher the chance of saving money. You may even discover the lowest rates come from some of the lesser-known companies.

Budget-conscious car insurance can be sourced online as well as from independent agents in Oklahoma City, so compare prices from both to have the best rate selection. Some car insurance companies don’t offer online price quotes and many times these smaller companies only sell through independent insurance agents.