Buying economical insurance for a Ford Escape in Oklahoma is pretty easy for most people, but it depends on lots of different rating factors such as the mileage of your daily commute, your residence address, and whether or not you are a good driver. Drivers in Oklahoma pay around $1,120 per year to insure their Escape, but that figure is a valuation calculated using a 30-year-old single female driver with full coverage and $1,000 deductibles.
But there is a high likelihood that you may not be 30 years old (or even female), possibly married instead of single, or maybe you rent instead of own your home. Just a very minor change in rating variables or coverage information can result in a big discrepancy in how much insurance for a Ford Escape costs.
Having different needs demonstrates why the only real way to find the cheapest coverage for your Ford is to compare as many rates as possible. To start saving now, get free quotes and you will receive price comparisons from some of the cheapest companies in Oklahoma.
The trim level of your Ford will influence the annual cost of coverage, so the rate you will pay to insure a Escape XLS 2WD trim level will be $110 less than the price to insure the more costly Escape Limited 4WD version, as shown in the prices below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Escape XLS 2WD||$208||$372||$514||$30||$154||$1,278||$107|
|Escape XLS 4WD||$208||$372||$514||$30||$154||$1,278||$107|
|Escape XLT 2WD||$208||$372||$514||$30||$154||$1,278||$107|
|Escape Limited 2WD||$238||$372||$514||$30||$154||$1,308||$109|
|Escape XLT 4WD||$238||$372||$514||$30||$154||$1,308||$109|
|Escape Limited 4WD||$238||$452||$514||$30||$154||$1,388||$116|
|Get Your Own Custom Quote Go|
Prices above based on single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Oklahoma minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, multi-policy, and claim-free. Price estimates do not factor in specific location which can revise premiums considerably.
Figuring out which company has the most affordable auto insurance rates for a Ford Escape involves a little more work than just comparing a company or two.
Every car insurance company has their own guidelines to determine rates, so we need to take a look at the auto insurance companies with the overall best prices in Tulsa.
Best Insurance Companies for Your Escape
|Rank||Company||Cost Per Year|
|2||Oklahoma Farmers Union||$1,154|
|10||OK Farm Bureau||$2,018|
|Get a Custom Quote Go|
USAA has some of the lowest car insurance rates in Tulsa at around $1,150 annually. Oklahoma Farmers Union, The Hartford, Safe Auto, and GEICO would also make the list of some of the more affordable Tulsa, OK auto insurance companies.
In the above example, if you currently have coverage with Safe Auto and switched to USAA, you might see yearly savings of approximately $213. Policyholders with GEICO may save as much as $244 a year, and Farmers insureds might lower prices by $286 a year.
Bear in mind that those premiums are averaged for all insureds and vehicles and are not factoring in a specific vehicle garaging location for a Ford Escape. So the insurer that fits your age and vehicle best may not even be in the list above. That affirms the importance of why you need to compare rates from multiple companies using your own driver information and specific vehicle type.
Safe drivers Tulsa pay cheaper rates
In a perfect world, the ideal way to maintain low auto insurance premiums in Oklahoma for an Escape is to drive attentively and not get tickets or have accidents. The illustration below shows how violations and fender-benders can affect premium costs for different insured age categories. The premiums assume a married female driver, full physical damage coverage, $500 deductibles, and no discounts are applied to the premium.
In the previous example, the average cost of a car insurance policy in Oklahoma per year with a clean driving record and no accidents is $1,661. Add in two speeding tickets and the average cost increases to $2,354, an increase of $693 each year. Now throw in one accident along with the two speeding tickets and the yearly cost of auto insurance for a Ford Escape goes up to an average of $3,038. That’s an increase of $1,377, or $115 per month, just for not paying attention while driving!
Get discount Tulsa insurance rates
Insurance companies that offer quotes for a Ford Escape may also give you premium discounts that can reduce rates by 40% or more if you meet the requirements. A list of auto insurance companies and a selection of discounts can be read below.
- State Farm has discounts for Steer Clear safe driver discount, driver’s education, accident-free, passive restraint, and anti-theft.
- Farmers Insurance may include discounts for alternative fuel, bundle discounts, distant student, teen driver, pay in full, multi-car, and homeowner.
- GEICO offers premium reductions for five-year accident-free, good student, daytime running lights, multi-vehicle, and anti-lock brakes.
- American Family has savings for air bags, multi-vehicle, defensive driver, good student, and accident-free.
- Nationwide discounts include easy pay, accident-free, multi-policy, family plan, defensive driving, and business or organization.
- Progressive may offer discounts for online signing, continuous coverage, multi-policy, good student, homeowner, and multi-vehicle.
The information below compares insurance prices with and without policy discounts. The data assumes a male driver, no claims or violations, Oklahoma state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows the average annual price with no discounts. The second shows the rates with passive restraint, multiple vehicle, claim-free, marriage, accident-free, and anti-theft discounts applied. When discounts are applied, theaverage amount saved on auto insurance for a Ford Escape is 28% or $585.
Do you need full coverage?
Saving on auto insurance should be important to most vehicle owners, and one of the easiest ways to find cheaper insurance for a Ford Escape is to not pay for full coverage. The information below shows the comparison of premium costs with full physical damage coverage and with liability coverage only. The costs are based on a clean driving record, no at-fault accidents, $500 deductibles, single marital status, and no additional discounts are factored in.
If we average the cost for ages 20 through 70, full coverage on your policy costs an extra $2,108 per year more than just buying liability only. At some point, every insured wonders if you should buy full coverage at all. There is no exact formula to stop paying for full coverage, but there is a general school of thought. If the annual cost of comprehensive and collision coverage is 10% or more of the settlement you would receive from your company, then you might consider buying liability only.
The professional agents shown below can aid you in deciding which car insurance policy is best, as some people prefer to have some professional guidance when buying car insurance for a Ford Escape. It can be difficult to find the cheapest rate yourself, and getting advice from a licensed Oklahoma insurance agent can provide comfort knowing your coverage gives you suitable coverage if you have an accident.
To locate a Tulsa insurance agent closest to you, click the link at the bottom or click here to get price quotes now.
Clarence Zitterkob – State Farm Insurance Agent
7820 E 101st St – Tulsa, OK 74133 – (918) 369-2000
EZ Insurance Agency
1207 S Memorial Dr – Tulsa, OK 74112 – (918) 794-3220
Allstate Insurance – Jimmy Willis
6111 S Mingo Rd – Tulsa, OK 74133 – (918) 250-6770
State Farm: Ron Lockney
2828 E 91st St – Tulsa, OK 74137 – (918) 298-5444