You have seen the captivating ads from auto insurance companies like State Farm and The General claiming huge savings. So you just need to choose any of them, right?
It's just not that easy, however, as there are a whole slew of unknown aspects such as if you are a homeowner, the neighborhood you live in, what level of deductibles you need, and your date of birth. The content below covers these things and will hopefully give you some help in finding cheaper rates.
The type of vehicle requiring insurance is one of the primary factors that determines if you can find the most economical insurance for teenage females. Vehicles with reasonable performance levels, advanced safety features, or a track record of few liability claims will cost less to insure than adrenaline junky models.
The data below shows coverage rates for a selection of the most budget-friendly automobiles to insure.
|Make, Model, and Trim Level||Estimated Cost for Full Coverage|
|Honda CR-V LX 2WD||$4,105|
|Honda Accord EX 4-Dr Sedan||$4,112|
|Ford Escape XLS 2WD||$4,105|
|Hyundai Elantra SE Touring Station Wagon||$4,404|
|Dodge Grand Caravan CV||$4,612|
|Jeep Wrangler Sahara 4WD 2-Dr||$4,621|
|Ford Edge SEL AWD||$4,830|
|Jeep Grand Cherokee Laredo 4WD||$4,871|
|GMC Sierra SLE Crew Cab 2WD||$4,881|
|Chevrolet Impala LT||$4,871|
|Chevrolet Equinox LS 2WD||$4,877|
|Toyota RAV4 Sport 4WD||$4,871|
|Chevrolet Malibu LT||$4,911|
|Toyota Tacoma Double Cab 4WD||$4,917|
|Ford Explorer Eddie Bauer 4WD||$4,911|
|Ford Focus SES 4-Dr Sedan||$5,091|
|Toyota Corolla S||$5,131|
|Toyota Camry SE||$5,136|
|Honda Odyssey EX-L W/Rear Entertainment||$5,131|
|Volkswagen Jetta 2.0T 4-Dr Sedan||$5,172|
|GMC Sierra 2500HD SLE Extended Cab 4WD||$5,179|
|Chevrolet Silverado LTZ Crew Cab 4WD||$5,172|
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Table 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 safe-driver, and claim-free. Premium amounts do not factor in garaging location in Oklahoma City, OK which can decrease or increase premium rates greatly.
Based upon the rates shown, cars like the Honda CR-V, Honda Accord, Ford Escape, Hyundai Elantra, and Toyota Prius should be the cheapest vehicles to insure for teen girls. Rates will be more costly just due to the fact that there is more claim risk for teenage females, but overall those specific models will tend to have the least expensive rates that you are likely to find.
Determining which company quotes the cheapest auto insurance rates for teenage females takes more time than just comparing rates from one or two companies.
Every insurance company uses their own formula for filing rates in each state, so let's take a look at the auto insurance companies that tend to be cheaper in Oklahoma City.
Lowest Insurance Price Quotes for Teens
|Rank||Company||Cost Per Year|
|2||Oklahoma Farmers Union||$1,202|
|11||OK Farm Bureau||$2,018|
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USAA normally has some of the most affordable car insurance rates in Oklahoma City at around $1,150 annually. Oklahoma Farmers Union, The Hartford, GEICO, and Safe Auto would also make the list of some of the best Oklahoma City, OK car insurance companies.
In the rate table above, if you currently buy coverage from GEICO and switched to USAA, you may realize a yearly savings of upwards of $203. Oklahoma drivers with Safe Auto might save as much as $255 a year, and Farmers insureds might realize rate reductions of up to $286 a year.
To get a fast rate comparison, click here to start your custom quote or click several companies below for low rates.
Be aware that those estimates are averages for all drivers and vehicles and do not take into consideration an exact zip code location for teenage females. So the insurer that is best for you may not even be in the top 17 companies in the list above. That emphasizes why you need to compare rates from multiple companies using your own personal information and vehicle type.
For teen girls, one of the more important factors that are looked at to help calculate insurance cost is where you live in Oklahoma City. More populated areas likely pay more, whereas more rural areas receive better rates.
The following table rates the highest-priced areas in Oklahoma for teenage females to purchase a policy in. Oklahoma City comes in at #9 with the yearly price of $2,134 for coverage, which is about $178 each month.
|Rank||City||Premium Per Year|
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Rate quotes are estimated as the specific geographic location can revise premiums considerably.
The information below highlights how deductible selection can influence insurance premiums when trying to find cheap insurance for teenage females. The information is based on a married male driver, comp and collision included, and no additional discounts are factored in.
As shown above, a 30-year-old driver could save $466 a year by changing from a $100 deductible up to a $500 deductible, or save $704 by choosing a $1,000 deductible. Youthful drivers, such as the 20-year-old example, could save as much as $1,420 each year by using a higher deductible.
When choosing a higher deductible, it will now be necessary to have emergency funds available to allow you to cover the extra out-of-pocket expense. This is the primary disadvantage of choosing high deductibles.
Get discount Oklahoma City auto insurance rates
Insurance providers that sell policies for teenage females may also provide rate discounts that can reduce rates by as much as 35% if you are eligible to receive them. A list of auto insurance companies and a selection of discounts are:
- Progressive may have discounts that include multi-policy, good student, online quote discount, continuous coverage, homeowner, online signing, and multi-vehicle.
- AAA has discounts for AAA membership discount, pay-in-full, multi-policy, multi-car, and good student.
- Farmers Insurance may offer discounts for pay in full, youthful driver, electronic funds transfer, bundle discounts, multi-car, and teen driver.
- GEICO offers premium reductions for multi-policy, air bags, five-year accident-free, federal employee, and emergency military deployment.
- Esurance offers discounts including online quote, homeowner, DriveSense, safety device, good student, and multi-car.
- SAFECO includes discounts for anti-lock brakes, teen safety rewards, teen safe driver, anti-theft, and bundle discounts.
- State Farm policyholders can earn discounts including Steer Clear safe driver discount, safe vehicle, good driver, passive restraint, Drive Safe & Save, and multiple policy.
The illustration below shows the difference between auto insurance rates with and without discounts applied. The data is based on a male driver, no accidents, no driving violations, Oklahoma state minimum liability limits, comp and collision included, and $1,000 deductibles.
The first bar for each age group shows the average rate with no discounts. The second shows the rates with anti-theft, passive restraint, continuous coverage, paperless filing, paid-in-full, and vehicle safety discounts applied. When discounts are factored in, theaverage yearly reduction on auto insurance for teenage females is 28% or $677.
Tickets and at-fault accidents raise rates
One of the best ways to receive the cheapest auto insurance premiums for teen girls is to be a careful driver and not get tickets or have accidents. The information below demonstrates how speeding tickets and accident claims can influence annual premium costs for different age groups. The premiums are based on a single female driver, comprehensive and collision coverage, $100 deductibles, and no policy discounts are applied.
In the chart above, the average cost of car insurance in Oklahoma City per year with no violations or accidents is $2,700. Get written up for one speeding ticket and the average cost increases to $3,059, an increase of $359 each year. Now throw in two accidents along with the one speeding ticket and the 12-month cost of auto insurance for teenage females goes up to an average of $5,977. That's an increase of $3,277, or $273 per month, just for being a careless driver!
Ideas for finding more affordable car insurance for teenage females
Lowering your rates is not difficult, and here are some of the recommended money-saving ideas that can help Oklahoma City drivers find cheap coverage.
- Safe vehicles cost less to insure
- Buy your auto and home insurance from the same company and save
- Do not get into accidents
- Full coverage is expensive so only insure older vehicles for liability only
- Better credit scores save money
- Compare rate quotes often
That final tip is highly significant, as we emphasized in the prior information. Coverage prices in Oklahoma City fluctuate constantly, so don't hesitate to buy from a different company if you can find a cheaper rate.
Staying with the same car insurance company is fine, but is isn't recommended if that loyalty ends up costing a wad of cash every year. Take a few minutes and compare prices and find cheaper auto insurance for teenage females.
If you aren't clear which coverage you need and would like to get help from a professional when trying to find lower insurance rates for teenage females, the agents listed below are willing to provide answers to your questions and help you determine which insurance coverage will be best for you.
To locate an Oklahoma City car insurance agency near you, click the button at the bottom of the list or click here to compare price quotes.
Courtesy Insurance Agency
324 W Hefner Rd - Oklahoma City, OK 73114 - (405) 755-4571
Ed Dater - State Farm Insurance Agent
6700 S Western Ave - Oklahoma City, OK 73139 - (405) 634-0504
AIM Insurance Agency LLC
3200 N May Ave - Oklahoma City, OK 73112 - (405) 949-9977
3000 Insurance Group Alexander and Strunk
3000 NW 149th St - Oklahoma City, OK 73134 - (405) 751-8356
Allstate Insurance: Eva Herrera
2519 NW 23rd St #140 - Oklahoma City, OK 73107 - (405) 301-8162