Unthinkable but true, about 70% of customers kept their policy with the same company for at least four years, and 38% of customers have never compared car insurance rates at all. With the average premium in Oklahoma being $1,780, drivers could cut their rates by about 35% a year, but they don’t believe the big savings they would realize if they switch to a new company.
The recommended way to find cheaper quotes for car insurance rates in Tulsa is to compare prices annually from insurers who can sell car insurance in Oklahoma. You can compare prices by following these guidelines.
Step 1: Try to comprehend coverages and the things you can control to keep rates down. Many rating criteria that are responsible for high rates like traffic violations and an unacceptable credit history can be amended by making lifestyle changes or driving safer. Later in this article we will cover the details to keep prices down and find discounts that may have been missed.
Step 2: Get rate quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can give quotes from a single company like GEICO or State Farm, while agents who are independent can quote prices from multiple companies.
Step 3: Compare the price quotes to your existing coverage to see if cheaper Thunderbird coverage is available. If you can save money, make sure the effective date of the new policy is the same as the expiration date of the old one.
One tip to remember is to try to compare the same coverage limits and deductibles on each quote request and and to compare every company you can. This helps ensure a level playing field and maximum price selection.
Finding the cheapest car insurance coverage in Tulsa is really quite simple as long as you have a good starting point. In essence, anyone who has to buy car insurance will most likely be able to find lower rates. Nevertheless, Oklahoma consumers do need to understand how big insurance companies price insurance differently because it varies considerably.
When shopping for inexpensive Tulsa car insurance quotes, there are a couple of ways of comparing price quotes from many different Oklahoma insurance companies. The simplest method to compare rates is to perform an online rate comparison.
Getting rate quotes online is very simple and it makes it a waste of time to actually drive to all the different insurance agencies. The internet reduces the need to sit down with an agent unless you want the professional assistance only provided by licensed agents. It is possible with some companies comparison shop your insurance online and still use a local agent.
Just keep in mind that obtaining a wide range of quotes helps locate a lower rate than you’re paying now. Some regional insurers cannot provide Tulsa Thunderbird insurance quotes over the internet, so it’s important to also get price estimates from the smaller companies as well.
The following companies are ready to provide quotes in Tulsa, OK. If your goal is to find the best auto insurance in Tulsa, it’s highly recommended you visit several of them to find the cheapest auto insurance rates.
Why you need vehicle insurance in Oklahoma
Despite the high insurance cost for a Ford Thunderbird in Tulsa, maintaining insurance is required in Oklahoma but it also protects you in many ways.
First, the majority of states have mandatory liability insurance requirements which means you are required to buy a minimum amount of liability insurance in order to drive the car legally. In Oklahoma these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
Second, if your car has a lienholder, most banks will stipulate that you buy insurance to ensure loan repayment if the vehicle is totaled. If you let the policy lapse, the bank or lender will purchase a policy for your Ford for a lot more money and require you to pay for the expensive policy.
Third, insurance safeguards both your vehicle and your assets. It will also reimburse you for most medical and hospital costs incurred in an accident. Liability insurance also pays for attorney fees and expenses if you cause an accident and are sued. If your car is damaged in a storm or accident, comprehensive and collision coverage will cover the repair costs.
The benefits of buying auto insurance outweigh the cost, particularly when you have a large claim. In a recent study of 1,000 drivers, the average customer overpays more than $810 a year so shop around each time the policy renews to ensure rates are competitive.
Get More Affordable Auto Insurance with These Tips
Many things are considered when you quote your car insurance policy. Some are pretty understandable such as traffic violations, but other factors are less apparent like your continuous coverage or your commute time. Consumers need to have an understanding of the rating factors that come into play when calculating your premiums. If you have a feel for what determines premiums, this allows you to make educated decisions that may reward you with lower rates.
The factors shown below are a few of the “ingredients” used by your company to calculate premiums.
Raise comp and collision deductibles and save – Physical damage coverage, also called ‘full coverage’, helps pay for damage to your vehicle. Examples of covered claims could be running into the backend of another car, collision with an animal, and having your car stolen. The deductibles represent how much money the insured will be required to pay if a claim is determined to be covered. The more you pay before a claim is paid (deductible), the lower your rates will be.
Rural areas have lower costs – Being located in small towns and rural areas has definite advantages when insuring your vehicles. Fewer drivers and short commutes means reduced accidents and a lower car theft rate. People who live in big cities have much more traffic and much longer commute distances. Longer commute distances translates into higher accident risk.
Liability insurance claims can be big – Liability insurance provides coverage in the event that you are responsible for personal injury or accident damage. This coverage provides for a legal defense which can cost thousands of dollars. Liability insurance is pretty cheap compared to comp and collision, so insureds should have plenty of protection for their assets.
Does your occupation cost you more? – Did you know your career choice can influence rates? Jobs like fire fighters, police officers, and medical professionals tend to have higher premium rates due to high stress levels and long work hours. Other occupations like actors, athletes and homemakers get better rates.
Affordable Tulsa insurance quotes with discounts
Insurance is expensive, but you may qualify for discounts that can help lower your rates. Some trigger automatically at quote time, but some must be asked about prior to getting the savings.
- Drive Less and Save – Low annual miles may enable drivers to earn lower rates due to less chance of an accident.
- Telematics Devices – Tulsa drivers who agree to allow data collection to spy on driving habits by using a small device installed in their vehicle such as Progressive’s Snapshot and State Farm’s In-Drive could see a rate decrease as long as they are good drivers.
- Claim Free – Good drivers with no accidents have much lower rates in comparison with bad drivers.
- Discounts for Seat Belt Usage – Drivers who always wear seat belts and also require passengers to use their safety belts can save up to 15% on the medical payments or PIP coverage costs.
- Student Driver Training – Reduce the cost of insurance for teen drivers by having them take driver’s ed class as it will make them better drivers and lower rates.
- Driver Training Discounts – Completing a course teaching safe driver skills could cut 5% off your bill and easily pay for the cost of the class.
As a sidenote, most of the big mark downs will not be given to the entire cost. Most only cut the price of certain insurance coverages like medical payments or collision. So when the math indicates all those discounts means the company will pay you, you’re out of luck. Any qualifying discounts will lower the amount you pay for coverage.
A list of companies and some of the premium reductions they offer can be found below.
- Farm Bureau has savings for youthful driver, driver training, safe driver, 55 and retired, multi-policy, and renewal discount.
- State Farm may include discounts for Drive Safe & Save, driver’s education, student away at school, defensive driving training, and multiple autos.
- Progressive offers discounts for online quote discount, online signing, homeowner, good student, continuous coverage, multi-vehicle, and multi-policy.
- Allstate discounts include anti-theft, defensive driver, premier discount, senior citizen, and economy car.
- Nationwide includes discounts for family plan, business or organization, anti-theft, Farm Bureau membership, good student, multi-policy, and accident-free.
- MetLife may have discounts that include accident-free, defensive driver, multi-policy, claim-free, good student, good driver
When getting free Tulsa car insurance quotes, it’s a good idea to each insurance company what discounts are available to you. Discounts may not be available in Tulsa. To view companies with discount rates in Tulsa, follow this link.
Local neighborhood Tulsa car insurance agents
Some people just want to buy from a local agent and we recommend doing that A nice benefit of getting free rate quotes online is that drivers can save money and get the best rates but still work with a licensed agent.
Upon completion of this simple form, your insurance coverage information is instantly submitted to insurance agents in Tulsa that can give you free Tulsa car insurance quotes for your insurance coverage. It’s much easier because you don’t need to do any legwork since rate quotes are delivered directly to your email. You’ll get the best rates AND an agent nearby. If you wish to get a comparison quote for a specific company, you can always navigate to their website and fill out the quote form the provide.
Picking an insurance company should include more criteria than just the bottom line cost. Some important questions to ask are:
- How many years of experience in personal auto insurance do they have?
- Is coverage determined by price?
- How much can you save by raising your physical damage deductibles?
- If you are a high risk driver, do they have special markets for your coverage?
- Where are claims handled?
- Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
Exclusive and independent Tulsa car insurance agents
When narrowing the list to find a local agent, there are two different types of agencies and how they can write your policy. Agents are considered either exclusive agents or independent agents.
Exclusive Car Insurance Agencies
Exclusive insurance agents are contracted to one company such as AAA, Allstate, State Farm, or Farmers Insurance. Exclusive agencies are unable to compare other company’s rates so they have no alternatives for high prices. Exclusive agents are usually well trained on their company’s products which can be an advantage.
Below is a short list of exclusive agents in Tulsa that can give you comparison quotes.
Independent Agencies or Brokers
These type of agents are not required to write business for one company so they can insure your vehicles with a variety of different insurance companies and get you the best rates possible. If prices rise, they simply switch companies in-house which is easy for the insured. When comparing car insurance prices, we highly recommend that you include price quotes from independent agents so that you have a good selection of quotes to compare.
Shown below is a short list of independent agents in Tulsa willing to provide rate quotes.
Glass Insurance Agency, Inc
4500 S Garnett Rd #914 – Tulsa, OK 74146 – (918) 663-5314 – View Map
Car insurance savings summarized
Some companies don’t offer internet price quotes and most of the time these regional carriers only sell through independent agencies. Cheaper Ford Thunderbird insurance in Tulsa can be found online in addition to local insurance agencies, so you should compare both in order to have the best price selection to choose from.
In this article, we covered a lot of information how to lower your Ford Thunderbird insurance premium rates in Tulsa. The key thing to remember is the more price quotes you have, the better chance you’ll have of finding low cost Tulsa car insurance quotes. Consumers may even find the lowest premium rates come from a small mutual company. Smaller companies may often insure only within specific states and give better rates than the large multi-state companies such as Allstate, GEICO and Progressive.
To read more, take a look at these articles:
- Rental Reimbursement Coverage (Allstate)
- Who Has Affordable Tulsa Car Insurance Rates for a Toyota RAV4? (FAQ)
- Anti-Lock Brake FAQ (iihs.org)
- Smart Auto Insurance Tips (Insurance Information Institute)
- New vehicle ratings focus on headlights (Insurance Institute for Highway Safety)