Wouldn’t it be awesome if we could instantly tell you the one perfect auto insurance company that has the cheapest insurance for first-time drivers? Unfortunately, it’s not that simple as there are a whole bunch of unknown aspects like the number of miles you drive each year, whether or not you own a home, if full coverage is needed, and if you have maintained coverage continuously. We will touch on the causes of high insurance rates and will hopefully give the reader a good beginning to your quest for cheaper car insurance in Tulsa.
The vehicle needing coverage is probably the most important factor when comparing cheaper coverage for first-time drivers. Vehicles with higher performance characteristics, poor safety features, or a track record of large liability claims will cost quite a bit more to insure than safer models.
The table below presents insurance premiums for a handful of the more affordable automobiles to buy coverage for.
| Insured Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V LX 2WD | $4,389 |
| Ford Escape XLT 4WD | $4,436 |
| Volkswagen Jetta S 2.5 Station Wagon | $4,722 |
| Toyota Prius | $4,770 |
| Ford F-150 XL Regular Cab 4WD | $4,920 |
| Jeep Wrangler Sahara 4WD 2-Dr | $4,927 |
| Chevrolet Impala LS | $5,160 |
| Toyota RAV4 Limited 4WD | $5,207 |
| Ford Fusion S 4-Dr Sedan | $5,216 |
| Toyota Camry LE | $5,207 |
| Jeep Grand Cherokee Laredo 2WD | $5,214 |
| GMC Sierra SLE Regular Cab 2WD | $5,207 |
| Toyota Tacoma Double Cab 4WD | $5,254 |
| Ford Explorer Eddie Bauer 4WD | $5,263 |
| Chevrolet Malibu LT | $5,254 |
| Dodge Grand Caravan SXT | $5,262 |
| Honda Civic LX-S 4-Dr Sedan | $5,447 |
| Hyundai Elantra Blue 4-Dr Sedan | $5,455 |
| Honda Odyssey EX-L W/Rear Entertainment | $5,494 |
| Toyota Corolla LE | $5,503 |
| Ford Edge Sport AWD | $5,494 |
| Chevrolet Equinox LTZ AWD | $5,541 |
| Nissan Altima Hybrid 4-Dr Sedan | $5,548 |
| Compare Rates Now Go | |
Premium data assumes single male driver age 17, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Oklahoma minimum liability limits. Discounts applied include claim-free, and safe-driver. Estimates do not factor in specific zip code location which can change rates greatly.
Looking at the data, we can tell that makes and models like the Honda CR-V, Ford Escape, and Volkswagen Jetta will definitely be the less-costly vehicles to insure for new drivers. The price for car insurance will trend higher just due to the fact that there is more claim risk for first-time drivers, but overall those makes and models will have the best insurance prices compared to other types of vehicles.
Deciding which insurers offer the cheapest car insurance rates for first-time drivers may require a little more sweat in order to find the most economical policy. Each insurance company uses their own method for establishing rates, so let’s take a look at the car insurance companies with the overall best prices in Oklahoma.
Find Cheaper Auto Insurance for Inexperienced Drivers
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $1,161 |
| 2 | Oklahoma Farmers Union | $1,202 |
| 3 | The Hartford | $1,333 |
| 4 | Safe Auto | $1,363 |
| 5 | Farmers | $1,394 |
| 6 | GEICO | $1,394 |
| 7 | State Farm | $1,521 |
| 8 | Travelers | $1,849 |
| 9 | Liberty Mutual | $1,871 |
| 10 | Mercury | $1,993 |
| 11 | OK Farm Bureau | $1,997 |
| 12 | Home State | $2,128 |
| 13 | Shelter | $2,129 |
| 14 | MetLife | $2,169 |
| 15 | Progressive | $2,179 |
| 16 | Allstate | $2,472 |
| 17 | Safeco | $5,056 |
| Find Cheaper Rates Go | ||
USAA normally has some of the cheapest car insurance rates in Tulsa at around $1,161 each year. This is $806 less than the average premium paid by Oklahoma drivers of $1,967. Oklahoma Farmers Union, The Hartford, Safe Auto, and Farmers also make the cut as some of the most economical Tulsa, OK auto insurance companies.
In the above rates, if you are a policyholder with Safe Auto and switched to Oklahoma Farmers Union, you could see savings of roughly $161. Insureds with Farmers might save as much as $192 a year, and GEICO customers might see rate reductions of $192 a year.
To find out how much you can save, click here or visit any of the low-priced companies below.
Understand that those prices are averaged for all insureds and vehicles and do not factor in a specific location for first-time drivers. So the car insurance company that fits your age and vehicle best may not even be in the list above. That underscores the importance of why you need to get rate quotes from many companies using your own specific driver and vehicle information.
Discount Tulsa auto insurance rates
Auto insurance companies that offer coverage for first-time drivers may also provide discounts that could reduce prices by 35% or more if you are eligible to receive them. Larger car insurance companies and their offered discounts can be read below.
- State Farm has discounts for good student, good driver, anti-theft, student away at school, Drive Safe & Save, and safe vehicle.
- American Family offers discounts for early bird, bundled insurance, good driver, multi-vehicle, TimeAway discount, Steer into Savings, and air bags.
- GEICO discounts include emergency military deployment, daytime running lights, multi-vehicle, membership and employees, and military active duty.
- 21st Century may have discounts that include student driver, air bags, homeowners, automatic seat belts, early bird, anti-lock brakes, and defensive driver.
- Progressive offers discounts including online quote discount, multi-policy, good student, online signing, continuous coverage, and homeowner.
The information below illustrates the difference between auto insurance rates with and without policy discounts. The information is based on a male driver, no accidents or driving violations, Oklahoma state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows insurance cost with no discounts. The lower bar shows the rates with vehicle safety, passive restraint, continuous coverage, paid-in-full, anti-theft, and paperless filing discounts applied. When discounts are factored in, theamount saved on car insurance for first-time drivers is 28% or $907.
Full coverage versus liability only rates
Paying a lower price for car insurance is probably important to the majority of people, and an easy way to save on the cost of insurance for first-time drivers is to not buy comprehensive and collision coverage. The information below illustrates the difference between premium costs with and without physical damage coverage. The rate quotes are based on a clean driving record, no claims, $100 deductibles, drivers are not married, and no policy discounts are applied.
If the expense is averaged for all age categories, physical damage coverage on your policy costs an extra $3,498 per year more than just insuring for liability. That is a significant amount which raises the question if it’s worth it to buy full coverage. There is no definitive guideline of when to phase out full coverage on your policy, but there is a general school of thought. If the yearly cost of comp and collision coverage is more than about 10% of the settlement you would receive from your company, then it might be time to buy liability only.
Ending up with a high-quality insurance company can be rather challenging considering how many different companies there are to choose from in Oklahoma. The rank data in the next section may help you analyze which insurers to look at when comparing rate quotes. These ratings are only made up of companies that insure vehicles across America, so companies without a large exposure are not taken into consideration for the list.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
| USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
| Mercury Insurance | 97 | 96 | 88 | 89% | A+ | 93.4 |
| AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
| Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
| Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
| State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
| The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
| Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
| Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
| American Family | 91 | 86 | 95 | 83% | A | 89.7 |
| Esurance | 86 | 90 | 94 | 90% | A+ | 89.5 |
| The General | 86 | 93 | 89 | 84% | A- | 88.2 |
| GEICO | 79 | 89 | 95 | 87% | A++ | 87.8 |
| 21st Century | 86 | 82 | 90 | 84% | A | 86.4 |
| Liberty Mutual | 79 | 87 | 95 | 78% | A | 85.3 |
| Farmers Insurance | 77 | 80 | 80 | 84% | A | 80.3 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
How to find cheaper car insurance for first-time drivers
Lowering your rates is not difficult, and here are many money-saving suggestions that can help drivers locate lower-cost car insurance.
- Clean up your credit rating
- Buy safe vehicles
- Earn discounts for being claim-free
- Accidents can significantly increase rates
- Drive safely
- Shop around for cheaper prices
The last item on the list is especially necessary, as we pointed out in this write-up. Prices charged by car insurance companies in Tulsa change frequently, so don’t hesitate to change insurance companies if a cheaper rate is available.
Having a favorite company is fine, but it’s not recommended if it’s costing you a considerable chunk of change every month. It only takes a couple minutes to compare rates and find cheaper auto insurance for first-time drivers.
The agents shown below are willing to answer your questions and help you decide which coverage meets your needs best, since many consumers aren’t sure which coverage to buy and prefer to get some professional input when trying to find lower insurance rates for first-time drivers. It’s not always simple to find the cheapest auto insurance company, and getting advice from a licensed agent can add comfort knowing your policy gives you sufficient protection if you have a claim. To find an auto insurance agency close to where you live, click the link after the list.
- Best Insurance Inc.
1618 W 51st St – Tulsa, OK 74107 – (918) 949-3555 - Brian Cannon – State Farm Insurance Agent
11320 E 32nd St – Tulsa, OK 74146 – (918) 627-0977 - Allstate Insurance: David D’Arcangelo
4502 E 51st St – Tulsa, OK 74135 – (918) 858-5000 - Scott Mccoy Insurance Agency, Inc.
7030 S Yale Ave Suite #109 – Tulsa, OK 74136 – (918) 894-5551 - George Hazlett – State Farm Insurance Agent
6043 S Sheridan Rd – Tulsa, OK 74145 – (918) 496-0513