The words “low-cost” and “insurance” really shouldn’t be used in the same sentence, especially when you are looking for the lowest insurance rates for teenage females. To save some money, let’s get started by showing you a few of the factors that have a considerable impact on car insurance rates, and come up with some ideas to take the bite out of the next policy you buy.
Comparing rates for low-priced car insurance is not always easy, and determining which companies offer the most affordable car insurance rates for teenage females requires additional perseverance.
Every insurance provider uses a little different formula to establish rates, so to begin we’ll rank the most competitive car insurance companies in Tulsa, OK. It’s a good idea to be aware that Oklahoma car insurance rates are determined by lots of factors that control the price you have to pay. This is why it is important to compare lots of rates when trying to get affordable auto insurance rates for teenage females. Car insurance prices are calculated by many factors and change dramatically, so the best option the last time you shopped your coverage around may now be quite expensive.
Best Auto Insurance Prices for Teens
|Rank||Company||Cost Per Year|
|2||Oklahoma Farmers Union||$1,190|
|11||OK Farm Bureau||$2,018|
|Find Cheaper Rates Go|
USAA quotes some of the cheapest car insurance rates in Tulsa at around $1,161 a year. This is $806 less than the average premium paid by Oklahoma drivers of $1,967. Oklahoma Farmers Union, The Hartford, GEICO, and Safe Auto also rank well as some of the cheapest Tulsa, OK insurance companies.
As the rates illustrate above, if you are a policyholder with Oklahoma Farmers Union and switched to USAA, you might achieve annual savings of about $29. Customers with The Hartford could save as much as $158 a year, and GEICO customers might reduce prices by as much as $192 a year.
It’s important to note that these premium estimates are averaged for all insureds and vehicles and do not take into consideration a specific zip code for teenage females. So the auto insurance company that has the lowest price for you may not even be in the top 17 companies shown above. That is why you need to get car insurance quotes using your own driver data and vehicle information.
The car, truck, or SUV driven is one of the largest factors when shopping around for affordable auto insurance for teenage females. Vehicles with lots of speed or power, a lack of advanced safety features, or a history of substantial liability claims will cost significantly more to insure than more modest models. The table below estimates car insurance costs for a handful of the most budget-friendly vehicles to buy coverage for.
|Vehicle||Estimated Cost for Full Coverage|
|Hyundai Elantra GLS Touring Station Wagon||$4,247|
|Ford Escape XLS 4WD||$4,252|
|Honda Accord LX 4-Dr Sedan||$4,247|
|Honda CR-V EX 4WD||$4,289|
|Ford F-150 XLT Regular Cab 2WD||$4,727|
|Honda Odyssey EX W/Rear Entertainment||$4,995|
|Chevrolet Impala LS||$5,000|
|Ford Edge SE AWD||$4,995|
|Toyota Tacoma Double Cab 4WD||$5,036|
|Volkswagen Jetta LE 4-Dr Sedan||$5,044|
|Chevrolet Equinox LS 2WD||$5,036|
|Toyota RAV4 Sport 2WD||$5,044|
|Dodge Grand Caravan SXT||$5,077|
|Dodge Ram 3500 Crew Cab Laramie 2WD||$5,087|
|Ford Explorer Limited AWD||$5,077|
|Chevrolet Malibu LT||$5,083|
|Compare Rates Now Go|
Premium data assumes single female 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. Price information does not factor in specific Tulsa, OK garaging location which can change rates considerably.
Based upon the rates shown, models like the Hyundai Elantra, Ford Escape, and Honda Accord are likely to be some of the less-costly vehicles to insure for teen girls. Car insurance rates will be more costly just due to the fact that there is more exposure for teenage females, but overall those models will tend to have the lowest insurance rates that you are likely to find.
One of the more important factors that aid in calculating car insurance rates is where you call home. Regions with more people or even just more weather-related claims tend to pay more, whereas more rural areas have the gratification of cheaper auto insurance rates.
The next table rates the most expensive areas in Oklahoma for teenage females to buy car insurance in. Tulsa makes the list at #1 with an annual cost of $2,282 for the average policyholder, which is around $190 monthly.
|Rank||City||Premium Per Year|
|Start a Quote Go|
Rate information is estimated as specific location information can modify rates noticeably.
The information below demonstrates how deductibles can raise or lower annual premium costs when researching cheap insurance for teenage females. The information is based on a married female driver, comprehensive and collision coverage, and no additional discounts are factored in.
As shown above, a 50-year-old driver could cut expenses by $306 a year by changing their physical damage coverage from a $100 deductible up to a $500 deductible, or save $464 by switching to a $1,000 deductible. Even younger insureds, like the Age 20 chart data, could drop their prices up to $758 or more just by choosing higher deductibles when buying full coverage. If you do make the decision to raise your deductibles, it will be required to have enough savings set aside to be able to pay the extra out-of-pocket expense associated with higher deductibles.
How to find a good Oklahoma car insurance company
Buying coverage from the highest-rated auto insurance company is hard considering how many choices drivers have in Tulsa. The information in the next section may help you select which car insurance companies to look at comparing rates with.
The rankings below are for companies who write in the majority of U.S. states, so smaller companies that only insure vehicles in Oklahoma are not included in the list. If you’d like to compare prices from these top insurers and more, just click here.
Top 10 Major Car Insurance Companies in Tulsa Ranked by Claims Service
- State Farm
- Liberty Mutual
- American Family
- AAA Insurance
- The Hartford
Top 10 Major Car Insurance Companies Overall in Tulsa
- Mercury Insurance
- AAA Insurance
- State Farm
- The Hartford
- Safeco Insurance
Types of discounts on Tulsa insurance
Insurance providers that offer cheap quotes for teenage females may provide special discounts that could reduce prices by as much as 25% or more if you qualify for them. Large car insurance companies and some of the premium reductions they offer are outlined below.
- Farm Bureau offers discounts including multi-vehicle, driver training, renewal discount, 55 and retired, and youthful driver.
- State Farm may offer discounts for anti-theft, Drive Safe & Save, driver’s education, Steer Clear safe driver discount, and good student.
- Progressive offers discounts for multi-vehicle, online signing, multi-policy, good student, homeowner, and online quote discount.
- Allstate includes discounts for economy car, defensive driver, multi-policy, EZ pay plan discount, new car, auto/life discount, and early signing.
- Nationwide has discounts for good student, easy pay, family plan, Farm Bureau membership, multi-policy, and anti-theft.
- MetLife policyholders can earn discounts including good driver, claim-free, good student, multi-policy, and defensive driver.
The example below shows the difference between premium costs with and without discounts applied to the rates. The premium estimates are based on a female driver, no claims or violations, Oklahoma state minimum liability limits, comprehensive and collision coverage, and $100 deductibles.
The first bar for each age group shows the average annual price with no discounts. The lower bar shows the rates with anti-theft, continuous coverage, paid-in-full, passive restraint, good student, and paperless filing discounts applied. When discounts are factored in, the average amount saved each year on car insurance for teenage females is 28% or $844.