Who Has Affordable Tulsa Car Insurance Rates for First-time Drivers?

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.

Cheapest Vehicles to Insure in Tulsa, OK
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

Compare Rates Today

Who has the cheapest car insurance in Oklahoma?
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

Car insurance for new drivers in Tulsa, OKAuto 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.

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.

Top Car Insurance Companies for First-time Drivers in Oklahoma
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.

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.

Find a Tulsa, OK insurance agent near you