Ideally, we could simply tell you the one auto insurance company that has the best car insurance rates in Oklahoma. Unfortunately, it’s just not that easy, as there are a whole slew of unknown elements such as what deductibles you want to use, if you have ever had a coverage lapse, your financial responsibility, and whether you are female or male, that all have an effect on the price of a policy. This article will cover some of these topics and will hopefully give you a good start in finding the cheapest insurance.
Deciding which company quotes the cheapest auto insurance rates for a school permit will require a little more effort than just getting one or two price quotes. Each company has their own process for determining rates in each state, so to begin we’ll rank the auto insurance companies with the overall best prices in Tulsa, OK.
It’s important to understand that Tulsa auto insurance rates are calculated based on many things that control the price you have to pay for coverage. Turning one year older, having a teenage driver, or getting a few speeding tickets can produce rate changes that can now make some companies more affordable than competitors.
Lowest Insurance Price Quotes for Students
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $1,150 |
| 2 | Oklahoma Farmers Union | $1,154 |
| 3 | GEICO | $1,340 |
| 4 | The Hartford | $1,359 |
| 5 | Safe Auto | $1,419 |
| 6 | Farmers | $1,422 |
| 7 | State Farm | $1,521 |
| 8 | Liberty Mutual | $1,816 |
| 9 | Travelers | $1,906 |
| 10 | OK Farm Bureau | $1,997 |
| 11 | Mercury | $2,033 |
| 12 | Home State | $2,128 |
| 13 | MetLife | $2,147 |
| 14 | Progressive | $2,179 |
| 15 | Shelter | $2,194 |
| 16 | Allstate | $2,472 |
| 17 | Safeco | $5,158 |
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USAA may offer some of the best car insurance rates in Tulsa at around $1,150 annually. This is $817 less than the average price paid by Oklahoma drivers of $1,967. Oklahoma Farmers Union, GEICO, The Hartford, and Safe Auto are also some of the best Tulsa, OK auto insurance companies.
As shown in the table above, if you are currently insured with Safe Auto and switched to Oklahoma Farmers Union, you might realize an annual premium reduction of upwards of $265. Customers with Farmers might save as much as $268 a year, and State Farm policyholders might see rate reductions of $367 a year.
These prices are averaged for all drivers and vehicles in Oklahoma and do not factor in a specific location for a school permit. So the auto insurance company that is best suited for you may not even be in the top 17 companies in the list above. That underscores the importance of why you need to get rate quotes using your own driver information and specific vehicle type.
One of the more important things that are looked at to determine the cost of insurance is where you choose to live in Tulsa. Cities with larger populations or higher claim trends tend to have higher auto insurance costs, whereas areas with less congestion have the luxury of lower rates.
The illustration below shows the highest-priced areas in Oklahoma for a school permit to purchase a policy in. Tulsa is ranked at #3 with the annual price of $2,192 for the average policy, which is about $183 per month.
| Rank | City | Premium Per Year |
|---|---|---|
| 1 | Del City | $2,243 |
| 2 | Broken Arrow | $2,216 |
| 3 | Tulsa | $2,192 |
| 4 | Bethany | $2,157 |
| 5 | Bixby | $2,147 |
| 6 | Sapulpa | $2,144 |
| 7 | Midwest City | $2,140 |
| 8 | Sand Springs | $2,139 |
| 9 | Oklahoma City | $2,113 |
| 10 | Edmond | $2,105 |
| 11 | Norman | $2,095 |
| 12 | Yukon | $2,076 |
| 13 | Moore | $2,069 |
| 14 | Owasso | $2,064 |
| 15 | Claremore | $2,008 |
| 16 | Bartlesville | $2,000 |
| 17 | Shawnee | $1,968 |
| 18 | Enid | $1,961 |
| 19 | Lawton | $1,941 |
| 20 | Duncan | $1,923 |
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Rate quotes are comparative as the garaging address in Tulsa can raise or lower coverage prices substantially.
Get discount Tulsa car insurance rates
Auto insurance companies that provide coverage for a school permit may also offer price discounts that may potentially lower prices by 30% or more if you meet specific eligibility requirements. A list of companies and the discounts they provide are:
- Progressive may include discounts for continuous coverage, multi-policy, homeowner, good student, and online quote discount.
- Farmers Insurance offers premium reductions for pay in full, good student, multi-car, youthful driver, and teen driver.
- Farm Bureau includes discounts for safe driver, good student, renewal discount, youthful driver, and driver training.
- State Farm has discounts for passive restraint, accident-free, Drive Safe & Save, anti-theft, student away at school, and multiple autos.
- GEICO may offer discounts for air bags, membership and employees, multi-policy, driver training, and emergency military deployment.
- SAFECO may have discounts that include teen safe driver, safe driver, multi-car, bundle discounts, and accident prevention training.
- Liberty Mutual policyholders can earn discounts including good student, multi-policy, hybrid vehicle, teen driver discount, and new move discount.
The information below visualizes the comparison of car insurance rates with and without discounts. The premiums are based on a female driver, no claims or violations, Oklahoma state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with continuous coverage, vehicle safety, passive restraint, paperless filing, good student, and anti-theft discounts applied. When taking advantage of discounts, theaverage yearly reduction on auto insurance for a school permit is 28% or $1,168.
Reckless driving habits raise auto insurance rates
A great way to score the cheapest auto insurance prices in Oklahoma for a learners permit is to drive attentively and have a clean driving record. The illustration below highlights how speeding tickets and at-fault claims can impact insurance rates for different age groups. The price estimates are based on a single female driver, full physical damage coverage, $1,000 deductibles, and no discounts are applied.
The data above shows the average cost of an auto insurance policy in Tulsa per year with no accidents and a clean driving record is $2,389. Add in one speeding ticket and the average cost surges to $2,713, an increase of $324 each year. Then throw in one accident along with the one speeding ticket and the annual cost of auto insurance for a school permit increases to an average of $3,617. That’s an increase of $1,228, or $102 per month, just for not driving responsibly!
Full coverage versus liability only rates
Reducing premiums for auto insurance is the goal of the majority of people, and one great way to reduce the cost of insurance for a school permit is to buy only liability coverage. The illustration below illustrates the comparison of insurance premiums with full physical damage coverage and with liability coverage only. The rate quotes are based on no tickets, no at-fault accidents, $250 deductibles, drivers are not married, and no additional discounts are factored in.
If all age groups are averaged, physical damage coverage on your policy costs an extra $3,141 per year more than buying just liability insurance. At some point, every insured wonders if physical damage coverage is worth the money. There is no written rule to delete physical damage coverage on your policy, but there is a broad guideline. If the annual cost of comprehensive and collision coverage is more than around 10% of the replacement cost minus the deductible, then it might be time to consider dropping full coverage.
There are some circumstances where dropping full coverage is not recommended. If you have an outstanding loan on your vehicle, you have to carry full coverage as part of the loan requirements. Also, if you cannot afford to purchase a different vehicle in case of an accident, you should not eliminate full coverage.
If you wish to have professional advice when shopping for cheaper insurance for a school permit, the professional agents shown below can answer your questions and help you decide which auto insurance policy would work best for you. To find a Tulsa insurance agent using an interactive map, click the button link following the list or click here to get price quotes now.
Allstate Insurance: Ron Henderson
8733 S Lewis Ave – Tulsa, OK 74137 – (918) 291-7400
Jim Campos – State Farm Insurance Agent
12802 E 31st St a – Tulsa, OK 74146 – (918) 622-4777
Ken Shoemaker – State Farm Insurance Agent
10115 S Sheridan Rd d – Tulsa, OK 74133 – (918) 299-9995
Brian Cannon – State Farm Insurance Agent
11320 E 32nd St – Tulsa, OK 74146 – (918) 627-0977
More Tulsa, OK insurance agents
How to find the cheapest auto insurance for a school permit
The list below shows some of the better penny-pinching suggestions that can help you buy cheaper coverage.
- Drive a car with a high safety rating
- Drivers with good credit often pay less
- Do not get into accidents that are your fault
- Remove physical damage coverage on older vehicles
- Do not get tickets or violations
- Increase the comprehensive and collision deductibles on your policy
- Shop your coverage around for the best deal
The last idea is highly significant, as we pointed out in the prior information. Prices charged by companies adjust often, so don’t be hesitant to buy a policy from a new company if a more affordable rate is found. Many drivers prefer to stick with one company, but it’s not recommended if that inflexibility results in costing you major coinage every year. In just a couple of minutes you could shop around to find cheaper auto insurance for a school permit in Tulsa.