Easy Methods to Pay Less on Oklahoma City Auto Insurance

Cutting costs on Oklahoma City auto insurance is challenging for consumers not familiar with buying insurance online. People have so many companies to choose from that it can easily become more work than you anticipated to find lower rates in Oklahoma City.

It's important to do rate comparisons once or twice a year since insurance rates are constantly changing. Even if you think you had the lowest price six months ago you can probably find a better price now. There is a lot of bad information regarding auto insurance on the web, but we're going to give you some great ways to quit paying high auto insurance rates.

If you have a policy now or need a new policy, you will benefit by learning to get lower rates while maximizing coverage. This article will instruct you on the best way to quote coverages and some tricks to saving. Oklahoma vehicle owners just need to know the most effective way to compare prices on the web.

Why some people pay less for insurance in Oklahoma City

Consumers need to have an understanding of the rating factors that play a part in calculating auto insurance rates. Understanding what controls the rates you pay allows you to make educated decisions that can help you get lower auto insurance prices.

Shown below are a partial list of the pieces companies use to determine your rates.

  • Your credit rating is important - Your credit score is a important factor in your rate calculation. Drivers with excellent credit tend to file fewer claims and have better driving records than drivers who have lower ratings. If your credit is low, you could save money insuring your by repairing your credit.
  • Theft deterrents lower rates - Driving a car with an alarm system can save you a little every year. Theft prevention devices such as GM's OnStar, tamper alarm systems and vehicle immobilizers all hinder your vehicle from being stolen.
  • High crash test scores lower rates - Cars with high safety ratings tend to have better insurance rates. Safer cars result in less severe injuries and better occupant protection translates into fewer and smaller insurance claims and lower rates for you.
  • Don't sacrifice liability coverage - Your policy's liability coverage will protect you in the event that a jury decides you are liable for damages from an accident. It provides legal defense starting from day one. Liability is cheap as compared to coverage for physical damage, so drivers should carry high limits.
  • Do you qualify for a multi-policy discount? - Some auto insurance companies give discounts to people who have multiple policies with them. It's known as a multi-policy discount. Discounts can amount to ten or even up to twenty percent in some cases. Even though this discount sounds good, you still need to comparison shop to make sure you are getting the best deal. Drivers may still find better rates by buying insurance from more than one company.
  • Traffic citations inflate rates - Your driving record impacts your car insurance rates tremendously. Even a single citation can increase rates forty percent or more. Good drivers have lower premiums than their less careful counterparts. Drivers who get dangerous violations like DWI, reckless driving or hit and run convictions may be required to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to prevent a license revocation.
  • Add-on coverages can add up - There are quite a few extra bells and whistles you can purchase if you aren't careful. Coverages like vanishing deductibles, better glass coverage and motor club memberships may be wasting your money. They may seem like a good idea when you first buy your policy, but if you don't need them get rid of them and save.

Oklahoma auto insurance

How much can you save with discounts?

Companies don't list every available discount in an easy-to-find place, so we researched some of the best known as well as the least known ways to save on auto insurance. If they aren't giving you every credit available, you are paying more than you should be.

  • Passive Restraint Discount - Vehicles with factory air bags can get savings of more than 20%.
  • Student Driver Training - Cut your cost by having your teen driver take driver's ed class if offered at their school.
  • Low Mileage - Low mileage vehicles could be rewarded with better rates on cars that stay parked.
  • Organization Discounts - Affiliation with certain professional organizations could trigger savings on your policy.
  • Military Rewards - Having a family member in the military could be rewarded with lower premiums.
  • Braking Control Discount - Vehicles equipped with ABS or steering control can avoid accidents and will save you 10% or more.
  • New Vehicle Savings - Adding a new car to your policy can cost up to 25% less since new cars are generally safer.
  • Safety Course Discount - Completing a course teaching defensive driving skills could save 5% or more if your company offers it.
  • Accident Free - Claim-free drivers pay much less compared to accident-prone drivers.
  • Auto/Life Discount - Select insurance companies reward you with lower rates if you buy a life insurance policy as well.

Drivers should understand that most discount credits are not given to the entire cost. Most cut individual premiums such as medical payments or collision. Even though it may seem like it's possible to get free car insurance, companies wouldn't make money that way.

To choose providers with discount auto insurance rates in Oklahoma City, click this link.

Save 15 percent in 15 minutes? Is it for real?

Oklahoma drivers can't ignore all the ads for the lowest price auto insurance by companies like State Farm and Allstate. All the ads make the same claim that you'll save big if you change to them.

How do they all say the same thing?

All companies can use profiling for the type of driver that makes them money. For instance, a preferred risk might be profiled as a mature driver, has no tickets, and has a high credit rating. A propective insured who matches those parameters gets the lowest rates and is almost guaranteed to cut their rates substantially.

Drivers who don't meet the "perfect" profile will be charged higher premiums which leads to business not being written. The ads say "customers that switch" but not "drivers who get quotes" save money. That's why companies can state the savings. That is why you should get a wide range of price quotes. It's not possible to predict the company that will have the lowest rates.

More detailed Oklahoma auto insurance information is located at the Oklahoma Insurance Department website. Oklahoma drivers can find out industry alerts, view a list of available companies, and find disaster information.

compare Oklahoma City auto insurance rates

A tidy conclusion

In this article, we covered some good ideas how to save on auto insurance. It's most important to understand that the more you quote, the better your chances of lowering your rates. Consumers may even find the best price on auto insurance is with some of the lesser-known companies.

Insureds leave their current company for a number of reasons such as poor customer service, extreme rates for teen drivers, delays in responding to claim requests or even questionable increases in premium. It doesn't matter what your reason, choosing a new insurance company is easier than you think.

Budget-conscious auto insurance is attainable on the web and with local Oklahoma City insurance agents, and you need to price shop both to have the best chance of lowering rates. Some insurance companies do not offer online price quotes and many times these small, regional companies only sell through independent insurance agents.