Regrettably, most drivers have stayed with the same insurance company for well over three years, and practically 40% of car insurance customers have never compared quotes from other companies. Oklahoma insurance shoppers can cut their rates by as much as 35% a year, but most just don't grasp the large savings they would see if they changed companies.
To save the most money, the best way to get cheaper auto insurance rates is to start doing an annual price comparison from insurers who sell insurance in Oklahoma City. You can compare rates by following these guidelines.
Step 1: Spend a few minutes and learn about policy coverages and the measures you can control to prevent expensive coverage. Many rating factors that cause high rates such as speeding and poor credit history can be eliminated by paying attention to minor details. Read the full article for instructions to help prevent expensive coverage and find more discounts that you may not know about.
Step 2: Compare rates from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can provide rates from one company like Progressive or Farmers Insurance, while agents who are independent can give you price quotes from multiple companies.
Step 3: Compare the price quotes to your existing coverage and see if there is a cheaper rate in Oklahoma City. If you find a lower rate quote and make a switch, ensure coverage does not lapse between policies.
Step 4: Give notification to your agent or company of your decision to cancel your current car insurance policy and submit the signed application along with the required initial payment to the new insurer. Immediately keep the new proof of insurance certificate with the vehicle registration.
An important bit of advice to remember is to make sure you enter identical deductibles and limits on every quote and and to get prices from as many companies as feasibly possible. This provides a level playing field and the best price selection.
Finding the cheapest insurance coverage in Oklahoma City can be much easier if you know how to start. If you have coverage now, you should be able to shop for the lowest rates using the ideas covered in this article. Smart buyers just have to understand the fastest way to find the lowest price from multiple carriers.
Companies offering Acura NSX insurance in Oklahoma City
The companies in the list below are our best choices to provide quotes in Oklahoma City, OK. If several companies are displayed, it's a good idea that you compare several of them in order to get a fair rate comparison.
Lower rates by qualifying for these nine discounts
Insurance can be prohibitively expensive, but you may be missing some discounts that may help make it more affordable. Certain discounts will be applied at the time of purchase, but some need to be requested specifically before they will apply.
- Air Bag Discount - Factory air bags and/or automatic seat belt systems could see savings of more than 20%.
- ABS Braking Discount - Cars with ABS braking systems or traction control can stop better under adverse conditions so companies give up to a 10% discount.
- Driver Safety - Completing a course that instructs on driving safety may get you a small discount and make you a better driver.
- No Claims - Insureds who avoid accidents and claims pay much less when compared with insureds who have frequent claims or accidents.
- Multiple Vehicles - Insuring multiple cars or trucks on one policy can reduce the rates for all insured vehicles.
- Military Rewards - Having an actively deployed family member could mean lower insurance rates.
- Bundled Policy Discount - If you insure your home and vehicles and insure them with the same company you could save approximately 10% to 15%.
- Auto/Life Discount - Select insurance companies reward you with better insurance rates if you take out a life policy as well.
- Government Employee Discount - Active or former government employment can earn a discount up to 10% with certain companies.
A little disclaimer on discounts, most credits do not apply to the entire policy premium. The majority will only reduce specific coverage prices like comp or med pay. Despite the appearance that you would end up receiving a 100% discount, companies wouldn't make money that way.
Some companies that may offer policyholders some of the above discounts include:
When quoting, ask each insurance company which discounts you qualify for. Some of the earlier mentioned discounts might not be offered on policies in your area. To find insurance companies that offer discounts in Oklahoma, click this link.
What is the best auto insurance coverage?
Always keep in mind that when comparing coverage online or from an agent for your vehicles, there is no best way to insure your cars. Your situation is unique and your policy should reflect that. For instance, these questions could help you determine if your insurance needs could use an agent's help.
- When should my teen driver be added to my policy?
- What is covered by UM/UIM coverage?
- Do I have coverage when pulling a U-Haul trailer?
- Should I bundle my homeowners policy with my auto?
- Why do I have to buy liability insurance?
- What is PIP insurance?
- What is an SR-22 filing?
If it's difficult to answer those questions but one or more may apply to you, then you may want to think about talking to an insurance agent. If you don't have a local agent, simply complete this short form or go to this page to view a list of companies. It is quick, free and can provide invaluable advice.
When to get advice from an insurance agency
Some consumers just prefer to go talk to an agent and that can be a great decision Professional agents are very good at helping people manage risk and help you file claims. One of the great benefits of comparing rate quotes online is the fact that drivers can get cheaper premium rates but also keep your business local.
For easy comparison, once you complete this short form, your coverage information is submitted to local insurance agents who will give you bids for your auto insurance coverage. It simplifies rate comparisons since you won't have to find an agent as quotes are delivered to you instantly. If for some reason you want to get a price quote from a specific insurance company, don't hesitate to jump over to their website and complete a quote there.
Finding the right insurer is decision based upon more than just a low price. Below are some questions you should ask.
- Does the agency support the community they serve?
- Do clients work directly with the agent or are most inquiries handled by a CSR?
- Did they already check your driving record and credit reports?
- Do they see any coverage gaps in your plan?
- Can you get a list of referrals?
- Which company do they place the most coverage with?
- Does the company have a solid financial rating?
Exclusive or Independent: There is a difference
If you want to use a reliable insurance agent, you must know there are a couple types of agencies and how they can service your needs differently. Oklahoma City agents can be described as either independent (non-exclusive) or exclusive. Either one can sell affordable auto insurance policies, but it is a good idea to know the difference between them since it can affect your selection of an agent.
Exclusive Auto Insurance Agencies
Agents that choose to be exclusive can only place business with one company and examples are Farmers Insurance, State Farm, or Allstate. Exclusive agents are unable to give you multiple price quotes so always compare other rates. These agents receive a lot of sales training on their products and sales techniques which helps them sell on service rather than price. Consumers often use the same exclusive agent mainly due to the brand legacy rather than low price.
Below are exclusive agencies in Oklahoma City that can give you rate quotes.
- Allstate Insurance: Gerald Jeter
11723 S Western Ave - Oklahoma City, OK 73170 - (405) 692-2411 - View Map
- Kevin Murphy - State Farm Insurance Agent
1707 S Morgan Rd - Oklahoma City, OK 73128 - (405) 265-2500 - View Map
- Jerry Black - State Farm Insurance Agent
12325 N May Ave #117 - Oklahoma City, OK 73120 - (405) 751-1860 - View Map
Independent Insurance Agents
Independent insurance agents are normally appointed by many insurers so as a result can place your coverage with many different companies and potentially find a lower price. If they find a lower price, your policy is moved internally and you don't have to find a new agent. When searching for an agent, it's recommended you include multiple independent agents to get the best comparison. Many independent agencies also insure through companies that do not advertise much which may have better rates.
Listed below is a list of independent insurance agencies in Oklahoma City that can give you comparison quotes.
- Thomas Baste Insurance Agency
8503 S Western Ave - Oklahoma City, OK 73139 - (405) 604-5600 - View Map
- Knight's Insurance Agency
3825 NW 23rd St - Oklahoma City, OK 73107 - (405) 946-0111 - View Map
- Perimeter Insurance
4200 Perimeter Center Dr - Oklahoma City, OK 73112 - (405) 778-8880 - View Map
Oklahoma City car insurance companies
Selecting the highest-rated car insurance provider can be challenging considering how many different companies there are to choose from in Oklahoma. The company information displayed below may help you choose which car insurance companies you want to consider purchasing from.
Top 10 Oklahoma City Car Insurance Companies Ranked by Customer Service
- Mercury Insurance
- AAA Insurance
- Safeco Insurance
- State Farm
- The Hartford
- The General
Top 10 Oklahoma City Car Insurance Companies by A.M. Best Rank
- Travelers - A++
- USAA - A++
- GEICO - A++
- State Farm - A++
- Titan Insurance - A+
- Esurance - A+
- Progressive - A+
- The Hartford - A+
- Allstate - A+
- Nationwide - A+
Parts of your auto insurance policy
Having a good grasp of a auto insurance policy can help you determine appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be confusing and nobody wants to actually read their policy. Listed below are typical coverage types offered by auto insurance companies.
Medical costs insurance
Med pay and PIP coverage reimburse you for short-term medical expenses for funeral costs, rehabilitation expenses, pain medications and nursing services. They are often used in conjunction with a health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants as well as being hit by a car walking across the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage
Comprehensive or Other Than Collision
Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.
Comprehensive coverage pays for claims such as a broken windshield, falling objects and damage from flooding. The maximum amount you'll receive from a claim is the market value of your vehicle, so if the vehicle's value is low consider dropping full coverage.
Liability insurance provides protection from damages or injuries you inflict on a person or their property that is your fault. It protects YOU from claims by other people. Liability doesn't cover damage to your own property or vehicle.
Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 25/50/25 which stand for $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000.
Liability coverage protects against things like structural damage, repair bills for other people's vehicles, funeral expenses and attorney fees. How much liability coverage do you need? That is a personal decision, but it's cheap coverage so purchase as high a limit as you can afford. Oklahoma state minimum liability requirements are 25/50/25 but it's recommended drivers buy higher limits.
The illustration below demonstrates why buying minimum limits may not be high enough to adequately cover claims.
Collision coverage pays for damage to your NSX resulting from a collision with an object or car. You will need to pay your deductible then your collision coverage will kick in.
Collision coverage pays for claims such as crashing into a ditch, sustaining damage from a pot hole and rolling your car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to choose a higher deductible on your NSX to get cheaper collision coverage.
This provides protection from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle's damage.
Due to the fact that many Oklahoma drivers have only the minimum liability required by law (25/50/25 in Oklahoma), it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked.
Cheaper car insurance prices are available
You just learned many ways to find cheap Acura NSX insurance in Oklahoma City. It's most important to understand that the more rate quotes you have, the higher your chance of finding the cheapest Acura NSX rate quotes. Consumers may even find the best price on car insurance is with a company that doesn't do a lot of advertising. These companies may only write in your state and offer lower premium rates compared to the large companies like State Farm and Allstate.
The cheapest Acura NSX insurance in Oklahoma City can be purchased on the web and from local insurance agents, so get free Oklahoma City car insurance quotes from both of them in order to have the best chance of saving money. Some insurance providers do not provide the ability to get a quote online and usually these small, regional companies provide coverage only through local independent agencies.
- Higher speed limits cause more fatalities (Insurance Institute for Highway Safety)
- Who Has Cheap Oklahoma City Car Insurance Quotes for Drivers with a Bad Driving Record? (FAQ)
- How Much is Car Insurance for a Ford Explorer in Oklahoma City? (FAQ)
- Who Has the Cheapest Car Insurance for a Toyota Camry in Oklahoma City? (FAQ)
- Warning systems don't curb driver distraction (Insurance Institute for Highway Safety)
- Auto Insurance FAQ (Farmers Insurance)
- Older Drivers FAQ (iihs.org)