A recent NerdWallet.com study revealed that almost 70% of drivers in Oklahoma have purchased from the same company for more than four years, and almost 40% of drivers have never compared rates with other companies. Most drivers in the United States could pocket almost 47% a year by just comparing rate quotes, but they just don’t understand how much savings they would realize if they bought a different policy.
If your goal is the lowest price, then the best way to find low-cost prices for auto insurance rates in Tulsa is to start comparing prices yearly from insurers who sell auto insurance in Oklahoma. Drivers can shop around by following these guidelines.
- First, learn about how insurance works and the measures you can control to prevent expensive coverage. Many policy risk factors that result in higher rates such as careless driving and an unacceptable credit score can be amended by making lifestyle changes or driving safer.
- Second, request rate estimates from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can provide rates from one company like GEICO or Allstate, while independent agents can give you price quotes from many different companies.
- Third, compare the new rate quotes to your current policy to see if you can save by switching companies. If you find better rates and switch companies, make sure there is no coverage gap between policies.
- Fourth, provide notification to your current company of your intention to cancel your current auto insurance policy. Submit payment and a completed application to your new agent or company. Be sure to put the certificate verifying coverage in an accessible location in your vehicle.
One important bit of advice is that you’ll want to compare the same coverage limits and deductibles on every quote and to quote with every company you can. Doing this guarantees an accurate price comparison and a complete price analysis.
The purpose of this article is to let you in on how to effectively get price quotes and how to save the most money. If you currently have insurance, you will definitely be able to shop for the lowest rates using the tips covered below. Drivers just have to understand the least time-consuming way to compare price quotes from many different companies online.
Oklahoma car insurance companies ranked
Picking a good quality auto insurance company can be rather challenging considering how many companies are available to choose from in Tulsa. The information in the next section could help you choose which providers to look at when shopping your coverage around.
Top 10 Tulsa Car Insurance Companies Ranked by Value
- Mercury Insurance
- Travelers
- American Family
- AAA Insurance
- Safeco Insurance
- Progressive
- The Hartford
- The General
- 21st Century
- Esurance
Top 10 Tulsa Car Insurance Companies Overall
- Travelers
- USAA
- Mercury Insurance
- AAA Insurance
- Nationwide
- Allstate
- State Farm
- The Hartford
- Safeco Insurance
- Progressive
Auto insurance coverage information
Understanding the coverages of your policy can help you determine the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement.
Auto liability
Liability insurance protects you from injuries or damage you cause to people or other property that is your fault. This coverage protects you from legal claims by others. It does not cover your own vehicle damage or injuries.
Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show liability limits of 25/50/25 which stand for $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000. Some companies may use a combined single limit or CSL that pays claims from the same limit and claims can be made without the split limit restrictions.
Liability coverage protects against claims like repair costs for stationary objects, loss of income, emergency aid and pain and suffering. How much liability coverage do you need? That is up to you, but you should buy higher limits if possible. Oklahoma requires drivers to carry at least 25/50/25 but drivers should carry higher limits.
The illustration below shows why low liability limits may not be enough.
Insurance for medical payments
Medical payments and Personal Injury Protection insurance kick in for immediate expenses for chiropractic care, rehabilitation expenses, dental work, pain medications and doctor visits. They can be used in conjunction with a health insurance policy or if you do not have health coverage. Medical payments and PIP cover you and your occupants as well as if you are hit as a while walking down the street. Personal Injury Protection is not available in all states and may carry a deductible
Uninsured Motorist or Underinsured Motorist insurance
This protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Ford Freestar.
Due to the fact that many Oklahoma drivers carry very low liability coverage limits (25/50/25), it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Usually these limits are similar to your liability insurance amounts.
Comprehensive coverage (or Other than Collision)
Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against things like rock chips in glass, hitting a bird, damage from a tornado or hurricane and a broken windshield. The maximum amount a insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
Coverage for collisions
Collision coverage pays for damage to your Freestar caused by collision with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.
Collision coverage pays for things such as rolling your car, hitting a parking meter and hitting a mailbox. This coverage can be expensive, so consider dropping it from vehicles that are older. Drivers also have the option to bump up the deductible on your Freestar to bring the cost down.
Don’t give up on cheap rates
Drivers leave their current company for a number of reasons such as policy non-renewal, poor customer service, not issuing a premium refund and high rates after DUI convictions. Whatever your reason, switching insurance companies is actually quite simple.
Discount Ford Freestar insurance in Tulsa is attainable both online and from local insurance agents, so you should compare both to get a complete price analysis. A few companies may not offer online rate quotes and most of the time these small insurance companies work with independent agents.
When buying insurance coverage, do not sacrifice coverage to reduce premiums. There are many occasions where someone sacrificed liability coverage limits and found out when filing a claim they didn’t purchase enough coverage. Your goal should be to find the BEST coverage at the best possible price, but do not skimp to save money.
Other information
- Should I Buy a New or Used Car? (Allstate)
- What Insurance is Cheapest with Multiple Speeding Tickets in Tulsa? (FAQ)
- What Auto Insurance is Cheapest for Homeowners in Tulsa? (FAQ)
- Who Has Affordable Car Insurance Quotes for a Honda CR-V in Tulsa? (FAQ)
- How Much is Auto Insurance for College Students in Tulsa? (FAQ)
- Who Has Affordable Tulsa Car Insurance Quotes for Government Employees? (FAQ)
- Who Has Cheap Auto Insurance for Used Cars in Tulsa? (FAQ)
- What Insurance is Cheapest for Drivers Over Age 70 in Tulsa? (FAQ)
- Preventing Carjacking and Theft (Insurance Information Institute)
- Young Drivers: The High Risk Years Video (iihs.org)
- Teen Driver Licensing Information (iihs.org)