It’s safe to conclude that auto insurance companies don’t want you to compare rates. Drivers who shop around for cheaper rates are inclined to buy a different policy because there is a good probability of finding coverage at a cheaper rate. A study showed that people who routinely shopped for cheaper coverage saved over $865 a year compared to those who never shopped around for cheaper prices.
If finding budget-friendly rates on auto insurance in Tulsa is your target objective, knowing the best ways to find and compare insurance coverage can make it easier to shop your coverage around.
If you want to find the absolute lowest rates, then the best way to save on Honda Insight insurance is to do an annual price comparison from insurers in Tulsa.
Step 1: Read about how companies price auto insurance and the changes you can make to keep rates down. Many factors that result in higher rates such as traffic citations and a lousy credit rating can be amended by making small lifestyle or driving habit changes.
Step 2: Request price quotes from direct, independent, and exclusive agents. Direct and exclusive agents can only give rate quotes from one company like GEICO or Allstate, while agents who are independent can provide rate quotes for a wide range of insurance providers.
Step 3: Compare the new rates to the price on your current policy to determine if switching companies saves money. If you find a lower rate, ensure coverage does not lapse between policies.
Step 4: Notify your agent or company to cancel your current coverage and submit payment and a completed application to your new insurance company. Don’t forget to put the new certificate verifying coverage along with the vehicle’s registration papers.
An important bit of advice to remember is that you’ll want to compare the same deductibles and limits on each price quote and and to look at as many auto insurance providers as possible. Doing this guarantees the most accurate price comparison and and a good selection of different prices.
The companies shown below can provide comparison quotes in Oklahoma. To buy the best cheap auto insurance in Oklahoma, it’s highly recommended you click on several of them in order to find the cheapest rates.
Tulsa insurance discounts
Buying insurance is not cheap, but you may qualify for discounts that can dramatically reduce your bill. Some discounts will apply when you get a quote, but some must be specifically requested before they will apply.
- Mature Driver Discount – If you qualify as a senior citizen, you can possibly qualify for lower premium rates.
- Driver Education Discount – Require your teen driver to successfully complete driver’s ed class in school or through a local driver safety program.
- Professional Organizations – Affiliation with certain professional organizations is a simple method to lower premiums on your policy.
- Online Discount – A few insurance companies will give you a small discount for buying a policy and signing up on the internet.
- Own a Home – Owning a house in Tulsa can get you a discount since owning and maintaining a home is proof that your finances are in order.
- Smart Student Discounts – A discount for being a good student can be rewarded with saving of up to 25%. The good student discount can last up until you turn 25.
- Bundle and Save – If you insure your home and vehicles with one company you could get a discount of nearly 15% which can help you find the cheapest Honda Insight insurance in Tulsa.
- Seat Belt Usage – Requiring all passengers to use a seat belt can save a little off the personal injury premium cost.
- Onboard Data Collection – Drivers that enable their insurance company to spy on where and when they drive remotely like In-Drive from State Farm and Progressive’s Snapshot may see discounts as long as they are good drivers.
Don’t be shocked that most discounts do not apply to the whole policy. The majority will only reduce the price of certain insurance coverages like liability and collision coverage. Despite the fact that it seems like you could get a free insurance policy, insurance companies aren’t that generous. Any qualifying discounts should help reduce your policy premiums.
The example below shows the comparison of Honda Insight car insurance rates with and without discounts applied to the policy rates. The data is based on a female driver, no accidents, no driving 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 multi-policy, homeowner, multi-car, safe-driver, claim-free, and marriage discounts applied.
A list of companies and a partial list of their discounts are included below.
- Farmers Insurance includes discounts for pay in full, multi-car, good student, mature driver, bundle discounts, youthful driver, and early shopping.
- Esurance may include discounts for renters, multi-car, anti-lock brakes, Pac-12 alumni, multi-policy, claim free, and DriveSense.
- State Farm offers discounts including multiple autos, Drive Safe & Save, student away at school, good student, safe vehicle, and anti-theft.
- GEICO offers discounts for driver training, five-year accident-free, defensive driver, emergency military deployment, good student, and air bags.
- Allstate offers premium reductions for anti-lock brakes, EZ pay plan discount, farm vehicle, defensive driver, and auto/life discount.
When getting free Tulsa car insurance quotes, it’s a good idea to every prospective company which discounts you qualify for. Some credits may not be available in Tulsa. If you would like to see a list of insurers who offer insurance discounts in Oklahoma, click this link.
Rates and other information
The coverage information shown next showcases different insurance rates for Honda Insight models. Having insight into how auto insurance policy rates are calculated can be useful when making smart choices when choosing a car insurance company.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Insight LX | $336 | $698 | $448 | $26 | $134 | $1,642 | $137 |
| Insight EX | $386 | $822 | $448 | $26 | $134 | $1,816 | $151 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Oklahoma minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, homeowner, and safe-driver. Premium amounts do not factor in vehicle location which can change auto insurance rates substantially.
Higher deductibles save money
When shopping for auto insurance, a common question is how high or low should comp and collision deductibles be. The following insurance rates approximate how much more rates are when you choose different deductibles. The first pricing table uses a $250 deductible for physical damage and the second set of rates uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Insight LX | $302 | $584 | $448 | $26 | $134 | $1,519 | $127 |
| Insight EX | $346 | $688 | $448 | $26 | $134 | $1,667 | $139 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Insight LX | $186 | $368 | $448 | $26 | $134 | $1,162 | $97 |
| Insight EX | $214 | $432 | $448 | $26 | $134 | $1,254 | $105 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Oklahoma minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-policy, and multi-vehicle. Premium amounts do not factor in specific zip code location which can modify coverage prices noticeably.
Based on these figures, using a $250 deductible costs approximately $32 more each month or $384 a year than requesting the higher $1,000 deductible. Since you would have to pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you usually have at least 23 months between claims, you would save money if you decide on a higher deductible.
How to calculate if higher deductibles make sense
| Average monthly premium for $250 deductibles: | $133 |
| Average monthly premium for $1,000 deductibles (subtract): | – $101 |
| Monthly savings from raising deductible: | $32 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $32 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 23 months |
The illustration below demonstrates how deductible levels and can raise or lower Honda Insight premium costs for each different age group. The costs are based on a single female driver, full coverage, and no discounts are applied.
Full coverage versus liability only rates
The chart below shows the comparison of Honda Insight annual premium costs with full coverage compared to only the Oklahoma minimum liability coverage. The data is based on no violations or accidents, $100 deductibles, single status, and no policy discounts are applied.
When to stop buying physical damage coverage
There is no set guideline for excluding full coverage, but there is a general convention. If the yearly cost of comp and collision coverage is 10% or more of any settlement you would receive from your insurance company, then it’s probably a good time to buy liability coverage only.
For example, let’s say your Honda Insight claim settlement value is $7,000 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $6,000 after the deductible is paid. If premiums are more than $600 annually for full coverage, then you may want to consider only buying liability coverage.
There are some conditions where only buying liability is not recommended. If you haven’t satisfied your loan, you must maintain physical damage coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should maintain full coverage.
What Affects Honda Insight Insurance Costs?
Many factors are part of the calculation when you quote your car insurance policy. Some are pretty understandable like a motor vehicle report, but some are less obvious like where you live or your vehicle rating.
Listed below are a few of the things companies use to determine premiums.
- What’s your car’s NHTSA crash test rating? – Cars with high safety ratings are cheaper to insure. Vehicles engineered for safety result in less severe injuries and lower rates of occupant injuries translates into fewer and smaller insurance claims which can mean better rates for you. If your Honda Insight earned at least four stars on Safercar.gov it may be receiving lower rates.
- Insure your auto and home with one company – Some insurers provide better rates to buyers that have more than one policy in the form of a multi-policy discount. Discounts can add up to 10 percent or more. Even with this discount applied, consumers should still check prices from other companies to verify if the discount is saving money.
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Pay more by driving carelessly – How you drive influences premium rates substantially. Careful drivers pay lower auto insurance prices compared to drivers with tickets. Just one citation can boost insurance rates by as much as thirty percent. Drivers with multiple tickets such as reckless driving, hit and run or driving under the influence may be required to submit a SR-22 or proof of financial responsibility to the state department of motor vehicles in order to legally drive.
The illustration below highlights how traffic violations and at-fault claims increase Honda Insight auto insurance costs for different age groups. The premium estimates are based on a married male driver, full physical damage coverage, $1,000 deductibles, and no discounts are applied to the premium.
- Marriage can save you money – Having a significant other helps lower the price on your policy. Marriage means you’re more financially stable and statistics prove married drivers tend to have fewer serious accidents.
Local neighborhood agents and car insurance
Certain consumers would rather have an agent’s advice and we recommend doing that Professional insurance agents are highly skilled in risk management and help you file claims. One of the great benefits of comparing rate quotes online is the fact that drivers can get better rates and also buy local.
After completing this simple form, your insurance coverage information is transmitted to participating agents in Tulsa that provide free Tulsa car insurance quotes for your coverage. There is no need to search for an agent since price quotes are sent directly to your email. If you need to get a comparison quote from one company in particular, just go to their quote page to submit a rate quote request.
Finding the right insurer should depend on more than just a cheap price. These are valid questions to ask:
- Will your rates increase after a single accident?
- Do they offer rental car reimbursement?
- Does the agent recommend any additional coverage?
- Does the quote include credit and driving reports?
- Is coverage determined by price?
The different types of car insurance agents
When finding a good Tulsa insurance agent, it can be helpful to understand the different types of agents and how they operate. Car insurance agents in Tulsa can be classified as either exclusive or independent (non-exclusive). Either one can insure your vehicles properly, but it’s good to learn why they differ because it can impact which agent you choose.
Exclusive Insurance Agencies
Agents that elect to be exclusive can only provide pricing for a single company like AAA, State Farm, Farmers Insurance, and Allstate. They generally cannot provide rate quotes from other companies so they really need to provide good service. They are well trained on the products they sell which aids in selling service over price. Some people will only use the same exclusive agent partially due to high brand loyalty and strong financial ratings.
Below is a list of exclusive insurance agents in Tulsa willing to provide price quote information.
- Bob Breitenstein – State Farm Insurance Agent
7318 S Yale Ave – Tulsa, OK 74136 – (918) 492-7600 – View Map - Farmers Insurance – John Neuschwander
6016 S Memorial Dr – Tulsa, OK 74145 – (918) 576-6180 – View Map - Ken Shoemaker – State Farm Insurance Agent
10115 S Sheridan Rd d – Tulsa, OK 74133 – (918) 299-9995 – View Map
Independent Car Insurance Agencies
Independent agents can quote rates with many companies and that gives them the ability to insure with any number of different companies and potentially find a lower price. If you want to switch companies, they simply move your policy to a different company which makes it simple for you. When comparing rate quotes, we recommend you include price quotes from at a minimum one independent agency to have the best price comparison. They also have the ability to place coverage with smaller regional carriers which may provide better rates.
Below are Tulsa independent agencies willing to provide price quotes.
- Jimmie A Neely Insurance
4444 E 66th St – Tulsa, OK 74136 – (918) 494-0600 – View Map - EZ Insurance Agency
1207 S Memorial Dr – Tulsa, OK 74112 – (918) 794-3220 – View Map - GDK Insurance Agency, Inc.
3908 E 31st St – Tulsa, OK 74135 – (918) 742-5861 – View Map
Do I need special coverages?
Always remember that when buying insurance from an agent or online, there is no best way to insure your cars. Coverage needs to be tailored to your specific needs so your insurance needs to address that.
These are some specific questions might point out if your insurance needs will benefit from professional help.
- Why am I required to buy liability insurance?
- How much will a speeding ticket raise my rates?
- Does my insurance cover my expensive audio equipment?
- Does my insurance cover a custom paint job?
- What if I don’t agree with a claim settlement offer?
- Who sells insurance for high-risk drivers?
- Should I have a commercial auto policy?
- When do I need to add a new car to my policy?
- What exactly is covered by my policy?
- Is my vehicle covered by my employer’s policy when using it for work?
If you’re not sure about those questions then you might want to talk to a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area. It is quick, free and can help protect your family.
Smart shoppers get results
When buying insurance coverage, it’s a bad idea to skimp on critical coverages to save a buck or two. Too many times, an insured cut physical damage coverage only to regret that their decision to reduce coverage ended up costing them more. Your aim should be to buy enough coverage at the lowest possible cost, but don’t skip important coverages to save money.
A few companies may not provide online quoting and these smaller companies sell through independent agents. Cost effective Honda Insight insurance is attainable online and from local insurance agents, and you need to comparison shop both to have the best rate selection.
More information can be found at the links below