Easy Tips to Save Money on Guymon Auto Insurance

Are you overwhelmed by the dozens of auto insurance options in Guymon? You're not alone. Consumers have so many choices that it can turn into a lot of work to find better rates.

It's important to compare rates at least once a year because prices are constantly changing. Despite the fact that you may have had the lowest price last year you may be paying too much now. There is too much inaccurate information about auto insurance on the internet, so I'm going to show you some great ways to slash your auto insurance rates.

Compare the Market for Auto Insurance in Guymon

The are a couple different ways of comparing rates from auto insurance companies in your area. The recommended way to find competitive insurance rates involves getting comparison quotes online. This can be accomplished in several different ways.

The first (and easiest) way to find the lowest comparison rates is a comparison rater form click here to open form in new window. This form prevents you from having to do separate forms for each company. Completing one form will get you rate comparisons from several companies. Recommended for those who want to invest the least amount of time.

A slightly less efficient method to shop for auto insurance online requires you to visit each individual company website to complete their respective quote request forms. For instance, let's say you want to compare rates from , and . You would have to go to every website and enter your policy data, which is why most consumers use the first method. For a list of links to companies insuring cars in Guymon, click here.

It doesn't matter which method you choose, just compare identical coverage information on every quote you get. If you are comparing unequal deductibles or liability limits it will be impossible to determine which rate is truly the best in Guymon. Having just a slight variation in limits may result in a large different in cost. Just keep in mind that getting more free quotes helps locate the best offered rates.

You have some control over your rates

It's important that you understand the rating factors that help determine the rates you pay for auto insurance. Knowing what influences your rates enables informed choices that may reward you with better auto insurance rates.

The following are a partial list of the pieces auto insurance companies consider when setting rates.

Being married can save on auto insurance - Having a wife or husband can get you a discount on your auto insurance policy. It means you're more mature and it's statistically proven that being married results in fewer claims.
Extra add-on coverages are wasting money - There are a ton of extra coverages that you can buy when buying auto insurance. Coverages for vanishing deductibles, towing coverage and term life insurance may be wasting your money. These coverages may sound good at first, but if they're wasting money eliminate them to save money.
Older drivers save more - Youthful drivers in Oklahoma are known to be more careless when behind the wheel so they pay higher auto insurance rates. Older insureds are viewed as being more responsible, tend to cause fewer accidents and are safer drivers.
The more you drive the more you pay - Driving more miles in a year the more you will pay for auto insurance. Most insurance companies charge to insure your cars based on their usage. Autos that are left in the garage receive lower rates compared to those used for work or business. Verify your auto insurance coverage shows the proper vehicle usage, because improper ratings can cost you money.
High performance equals high price - The performance level of the vehicle you own makes a huge difference in determining your rates. The most favorable rates are usually for low performance passenger models, but other factors influence the final cost greatly.
Cautious drivers pay less - Your driving citation history has a lot to do with how much you pay for insurance. Careful drivers receive lower rates compared to drivers with tickets. Only having one speeding ticket can boost insurance rates forty percent or more. Drivers who have flagrant citations like reckless driving, hit and run or driving under the influence may need to submit a SR-22 or proof of financial responsibility to the state department of motor vehicles in order to keep their license.
Adjust deductibles and save - Coverage for physical damage, otherwise known as comp (or other than collision) and collision, is used to repair damage to your car. Some instances where coverage would apply would be colliding with a building, collision with an animal, or theft. Physical damage deductibles are how much you are required to spend if you file a covered claim. The more you are required to pay out-of-pocket, the less your auto insurance will be.

Policy discounts you shouldn't miss

Insuring your vehicles can cost a lot, but there could be available discounts to cut the cost considerably. Some trigger automatically when you quote, but a few must be asked for before you get the savings.

Sign Online - Some insurance companies may give you up to $50 just for signing your application over the internet.
Driver Safety - Taking a defensive driving course could possibly earn you a 5% discount depending on where you live.
College Student - Any of your kids who are attending college and do not have access to a covered vehicle can receive lower rates.
No Charge for an Accident - Certain companies permit an accident without raising rates as long as you don't have any claims for a certain period of time.
Early Switch Discount - A few companies offer discounts for buying a policy before your current policy expires. It's a savings of about 10%.

It's important to note that many deductions do not apply the the whole policy. The majority will only reduce the cost of specific coverages such as liability, collision or medical payments. So when the math indicates you could get a free auto insurance policy, you're out of luck. But any discount will bring down the amount you have to pay.

For a list of companies who offer auto insurance discounts in Oklahoma, click this link.

More information is located on the Oklahoma Insurance Department website through this link. Visitors are able to get help finding coverage, discover disciplinary actions, and read enforcement actions against agents and companies.

Final considerations

Lower-priced auto insurance can be bought both online and also from your neighborhood Guymon agents, so you should compare both to have the best selection. There are still a few companies who may not provide online quoting and most of the time these small, regional companies sell through independent agents.

As you prepare to switch companies, it's very important that you do not reduce needed coverages to save money. In many cases, an insured dropped collision coverage and learned later that the small savings ended up costing them much more. Your aim should be to buy the best coverage you can find at an affordable rate.

We covered many ideas to lower your auto insurance rates. The most important thing to understand is the more rate comparisons you have, the more likely it is that you will get a better rate. You may even find the most savings is with an unexpected company.