Trying to buy low-priced insurance is easier said than done, and finding out which insurers offer the cheapest car insurance rates for 4×4 vehicles will require even more diligence. Every auto insurer has their own guidelines to set their prices, so we’ll take a look at the car insurance companies that tend to have lower prices in Oklahoma.
It’s a good idea to know that Oklahoma City car insurance rates are impacted by many things that may substantially change the price of your policy. This price variation is why consumers need to shop around to get the lowest insurance quotes for 4×4 vehicles. Prices are impacted by many factors and change frequently, so the lowest-price company the last time you checked may now not even be in the top five.
Best Car Insurance Prices for 4×4’s
|Rank||Company||Cost Per Year|
|1||Oklahoma Farmers Union||$1,166|
|11||OK Farm Bureau||$2,058|
|Find Cheaper Rates Go|
Oklahoma Farmers Union normally has some of the cheapest car insurance rates in Oklahoma City at around $1,166 annually. This is $801 less than the average premium paid by Oklahoma drivers of $1,967. USAA, The Hartford, Safe Auto, and Farmers would also be considered some of the most economical Oklahoma City, OK auto insurance companies.
In the above rates, if you are a policyholder with Safe Auto and switched to Oklahoma Farmers Union, you might see an annual savings of about $211. Insureds with Farmers might save as much as $214 a year, and GEICO insureds might lower prices by $228 a year.
Understand that those policy rates are averaged across all drivers and vehicles and do not take into consideration an exact vehicle garaging location for 4×4 vehicles. So the auto insurance company that is best suited for you may not even be in the top 17 companies shown above. That affirms the importance of why you need to get rate quotes using your own driver data and vehicle information.
For off-road vehicles, one of the big factors that are looked at to determine the amount you pay for auto insurance is where you keep your vehicle. Areas with more people or more claims tend to have higher auto insurance costs, whereas more rural areas benefit from lower prices.
The table below lists the highest-priced places in Oklahoma for 4×4 vehicles in which to purchase auto insurance. Oklahoma City shows up at #7 costing $2,134 for the average insurance policy, which is approximately $178 per month.
|Rank||City||Premium Per Year|
|Find Cheaper Insurance Go|
Prices are estimated as vehicle location can change prices considerably.
The make and model of vehicle you are buying coverage for is probably the largest consideration when looking for low-priced insurance for 4×4 vehicles. Vehicles with average performance, modern passenger safety features, or a positive history of liability claims will cost quite a bit less to insure than high performance models. The next table showcases coverage costs for a selection of the most budget-friendly automobiles to buy coverage for.
|Make, Model, and Trim Level||Estimated Cost for Full Coverage|
|Ford Escape XLS 2WD||$1,063|
|Volkswagen Jetta S 2.5 Station Wagon||$1,152|
|Dodge Grand Caravan SE||$1,191|
|Toyota RAV4 2WD||$1,257|
|Ford Explorer Eddie Bauer AWD||$1,283|
|Honda Civic VP 4-Dr Sedan||$1,299|
|Hyundai Elantra SE Touring Station Wagon||$1,322|
|Toyota Corolla LE||$1,330|
|Honda CR-V EX-L 4WD||$1,334|
|Chevrolet Silverado 2500HD LTZ Crew Cab 4WD||$1,348|
|Ford Fusion SE 4-Dr Sedan||$1,356|
|Honda Odyssey EX||$1,414|
|Chevrolet Impala LS||$1,423|
|Ford Focus S 4-Dr Sedan||$1,414|
|Chevrolet Silverado LT Extended Cab 4WD||$1,442|
|Chevrolet Silverado 3500HD LT Crew Cab Diesel 2WD||$1,461|
|Dodge Ram Quad Cab Sport 4WD||$1,465|
|Jeep Wrangler Unlimited Sahara 2WD 4-Dr||$1,493|
|Nissan Altima 3.5 SR 2-Dr Coupe||$1,507|
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Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Oklahoma minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, safe-driver, and multi-vehicle. Premium amounts do not factor in specific location which can modify insurance rates substantially.
By looking at the data, we can assume that models like the Ford Escape, Volkswagen Jetta, Toyota Prius, and Dodge Grand Caravan are most likely going to be the most economical vehicles to insure for off-road vehicles.
Car insurance companies ranked
Selecting a highly-rated insurance provider is difficult considering how many companies there are to choose from in Oklahoma. The company ratings in the lists below may help you pick which insurers you want to consider when buying insurance for 4×4 vehicles. These rankings include companies that insure vehicles nationwide, so companies that focus mainly on Oklahoma business are not factored into this list.
Top 10 Large Auto Insurance Providers Overall in Oklahoma City
- Mercury Insurance
- AAA Insurance
- State Farm
- The Hartford
- Safeco Insurance
Top 10 Large Auto Insurance Providers in Oklahoma City Ranked by Customer Service
- Mercury Insurance
- Safeco Insurance
- AAA Insurance
- State Farm
- The Hartford
- The General
Rate comparison of full coverage and liability-only
Finding the cheapest car insurance is important to the majority of drivers, and one of the fastest ways to buy cheap insurance for 4×4 vehicles is to not pay for full coverage. The diagram below shows the comparison of insurance costs with liability coverage only compared to full coverage. The data assumes no violations or accidents, $1,000 deductibles, drivers are not married, and no discounts are taken into consideration.
If the expense is averaged for all age categories, full coverage on your policy costs $2,504 per year over and above liability coverage. Many drivers may wonder when is the right time to remove full coverage. There is no written rule of when to phase out comprehensive and collision coverage on your policy, but there is a guideline you can consider. If the yearly cost of comp and collision coverage is about 10% or more of the settlement you would receive from your company, then it might be time to consider dropping full coverage.
There are some circumstances where buying only liability insurance is not advised. If you still have a loan on your vehicle, you have to keep full coverage to satisfy the loan requirements. Also, if your savings is not enough to buy a different vehicle if your current one is damaged, you should keep full coverage on your policy.
Get discounts on Oklahoma City auto insurance
Insurance companies that provide policies for 4×4 vehicles may have discounts that may potentially lower prices by 40% or more if you meet the requirements. A few popular companies and the discounts they provide include:
- State Farm discounts include Drive Safe & Save, multiple policy, good driver, good student, safe vehicle, and accident-free.
- Nationwide may have discounts that include easy pay, family plan, multi-policy, business or organization, accident-free, anti-theft, and good student.
- GEICO has discounts for air bags, anti-lock brakes, five-year accident-free, multi-vehicle, good student, and emergency military deployment.
- AAA includes discounts for education and occupation, AAA membership discount, pay-in-full, anti-theft, multi-car, and good student.
- 21st Century policyholders can earn discounts including defensive driver, theft prevention, teen driver, 55 and older, air bags, early bird, and anti-lock brakes.
- The Hartford offers premium reductions for good student, defensive driver, vehicle fuel type, anti-theft, air bag, driver training, and bundle.
The example below compares auto insurance costs with and without discounts being applied to the rates. The rates are based on a female driver, no driving violations, no at-fault accidents, Oklahoma state minimum liability limits, comp and collision included, and $250 deductibles.
The first bar for each age group shows the average rate with no discounts. The second bar shows the rates with vehicle safety, multiple vehicle, passive restraint, safe-driver, claim-free, and homeowner discounts applied. When these discounts are applied to the policy premium, theamount saved on car insurance for 4×4 vehicles is 28% or $681.
Compare rates to save
Oklahoma City car insurance rates are impacted by many things which can substantially change the policy price. Improving your credit rating, filing a claim, or having an at-fault accident may cause policy rate changes that can make some companies more affordable than others. In addition to those changes, car insurance companies file new rates at least once a year in order to remain profitable. Heavier than normal losses may result in more expensive premiums, while lower claim expenses may cause cheaper Oklahoma City car insurance rates.
As an example, the chart below shows rates for the cheapest car insurance in Oklahoma City, OK for a 30-year-old male driver with no prior accidents, a clean driving record, and great credit. Based on his current risk profile, USAA might quote the most affordable car insurance rates in Oklahoma City at $1,400 each year. This is $567 less than the average premium paid by Oklahoma drivers of $1,967. Oklahoma Farmers Union, The Hartford, GEICO, and Farmers are the rest of the cheapest Oklahoma City, OK auto insurance companies.
Now we will pretend the driver from the first set of rates a claim, a little lower credit rating, and a few traffic violations. Because each company has a unique approach for filing rates in each state, getting updated rate quotes may now present a completely different list of affordable companies as shown below.
State Farm now has the cheapest car insurance in Oklahoma City with Oklahoma Farmers Union, Liberty Mutual, The Hartford, and GEICO also being competitive. This shows why it is so important to perform an extensive rate comparison to find the most economical auto insurance rates for 4×4 vehicles. Insurance prices can be determined by many things and change frequently, so the best option the last time you checked may now cost much more than other companies.