The make and model of vehicle requiring coverage is probably the most important factor that determines the availability of affordable coverage for drivers with good credit. Vehicles with average performance, an excellent safety record, or a low likelihood of having liability claims will cost much less to insure than adrenaline junky models.
The list below showcases coverage prices for some of the most economical vehicles to insure in Oklahoma.
|Vehicle||Estimated Cost for Full Coverage|
|Honda Accord LX 4-Dr Sedan||$1,139|
|Ford Escape Limited 2WD||$1,165|
|Toyota Tacoma 4WD||$1,279|
|Ford Explorer Eddie Bauer 2WD||$1,289|
|Honda CR-V LX 2WD||$1,306|
|Chevrolet Impala LT||$1,347|
|Ford Focus SES 4-Dr Sedan||$1,391|
|Jeep Wrangler Unlimited Sport Islander Package 4WD 4-Dr||$1,398|
|Hyundai Elantra GLS 4-Dr Sedan||$1,417|
|Nissan Altima Hybrid 4-Dr Sedan||$1,444|
|GMC Sierra SLE Crew Cab 2WD||$1,450|
|Volkswagen Jetta SE 4-Dr Sedan||$1,444|
|Dodge Grand Caravan SE||$1,466|
|Honda Civic EX-L 4-Dr Sedan||$1,487|
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Data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Oklahoma minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, safe-driver, and multi-policy. Price information does not factor in specific zip code location which can modify coverage prices significantly.
Looking at the rates, you can figure that makes and models like the Honda Accord, Ford Escape, Toyota Tacoma, and Ford Explorer are most likely to be a few of the most affordable vehicles to insure for financially responsible drivers.
Comparing rates for budget auto insurance is not always easy, and determining which companies offer the cheapest car insurance rates for drivers with good credit involves even more perseverance. Each insurer has a different formula to determine rates, so we’ll go over the car insurance companies that tend to be cheaper in Tulsa.
Best Cheap Insurance Rates for High Credit
|Rank||Company||Cost Per Year|
|1||Oklahoma Farmers Union||$1,166|
|10||OK Farm Bureau||$1,997|
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Oklahoma Farmers Union quotes some of the best car insurance rates in Tulsa at around $1,166 annually. USAA, The Hartford, GEICO, and Safe Auto would also be considered some of the cheaper Tulsa, OK car insurance companies.
As the rates illustrate above, if you are currently insured with GEICO and switched to USAA, you could earn an annual savings of approximately $144. Oklahoma drivers with Safe Auto may save as much as $167 a year, and Farmers insureds might reduce rates by $240 a year.
To see how much you can save, click here to begin a quote or visit any of the companies below.
Remember that these estimates are averaged across all insureds and vehicles and do not take into consideration a specific location for drivers with good credit. So the auto insurance company that has the cheapest rates for you may not even be in the top 17 companies in the list above. That points out the importance of why you need to quote rates from as many companies as possible using your own driver and vehicle profiles.
One of the many things that aid in calculating the amount you pay for auto insurance is where you choose to live in Tulsa. Areas with more people or even just a higher incidence of claims tend to have more expensive car insurance rates, whereas areas with fewer weather claims and lower vehicle theft rates have the luxury of lower rates.
The table below shows the priciest cities in Oklahoma for drivers with good credit to buy an auto insurance policy in. Tulsa is ranked at #3 with an annual rate of $2,215 on average, which is around $185 per month.
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Rates are approximated as the specific geographic location can lower or raise premium rates considerably.
The information below illustrates how your choice of deductibles can increase or decrease insurance costs when quoting cheap insurance for drivers with good credit. The rates are based on a married female driver, comp and collision included, and no discounts are applied to the premium.
As shown above, a 30-year-old driver could lower rates by $480 a year by increasing from a $100 deductible to a $500 deductible, or save $724 by selecting a $1,000 deductible. Younger drivers, such as the Age 20 example, could shave $1,024 or even more by selecting a higher deductible. When insureds make the decision to increase the deductibles on their policy, it is essential to have plenty of savings on hand to be able to cover the extra out-of-pocket expense, which is the one shortcoming of high deductibles.
Insuring your vehicle with the best insurer can be rather challenging considering how many companies there are in Tulsa. The ranking information in the lists below could help you choose which providers to look at shopping your coverage with. These ratings only include companies that insure vehicles across America, so companies without a large exposure will not be included in this list.
Top 10 Large Auto Insurers in Tulsa Ranked by A.M. Best Rating
- Travelers – A++
- GEICO – A++
- State Farm – A++
- USAA – A++
- Nationwide – A+
- Allstate – A+
- Mercury Insurance – A+
- The Hartford – A+
- Esurance – A+
- Progressive – A+
Top 10 Large Auto Insurers Overall in Tulsa
- Mercury Insurance
- AAA Insurance
- State Farm
- The Hartford
- Safeco Insurance
How to find budget-friendly auto insurance for drivers with good credit
It is possible to find better rates, and here are some thrifty solutions that can help drivers get more affordable auto insurance.
- Good credit can mean cheaper rates
- Do not get traffic citations
- Raise your physical damage coverage deductibles
- Drive a car with a high safety rating
- Having at-fault accidents will increase rates
- Compare rates regularly and switch companies to save money
The last tip in the list is incredibly valuable, as we noted in this piece. Prices charged by companies in Tulsa fluctuate considerably, so drivers shouldn’t be resistant to switch carriers if you can save money.
Having brand loyalty is commendable, but it’s not a great idea if that devotion results in you overpaying money that could be going to better use. Now is a great time to compare rates to find cheaper auto insurance for drivers with good credit.