Compare Dodge Charger Insurance Rates in Oklahoma City

I can’t think of a single person who anticipates paying for car insurance, particularly when they are paying too much.

Sad but true, almost 70% of drivers kept their policy with the same company for at least four years, and 38% of customers have never quoted car insurance rates at all. Drivers in Oklahoma could save an average of up to $551 each year just by shopping around, but they mistakenly think it’s difficult to save money by comparing rate quotes.

Steps to finding better rates for Dodge Charger insurance in Oklahoma City

If saving the most money is your goal, then the best way to find affordable quotes for car insurance rates is to start doing a yearly price comparison from insurance carriers that sell auto insurance in Oklahoma City. Rates can be compared by completing these steps.

Step 1: Read about coverages and the modifications you can make to prevent expensive coverage. Many rating criteria that cause high rates such as traffic tickets, fender benders, and a less-than-favorable credit history can be rectified by being financially responsible and driving safely. Later in this article we will cover information to prevent expensive rate increases and find discounts that you may qualify for.

Step 2: Obtain price quotes from direct, independent, and exclusive agents. Direct and exclusive agents can only provide price estimates from one company like Progressive or Allstate, while independent agencies can quote prices from multiple companies.

Step 3: Compare the price quotes to your existing policy to see if you can save by switching companies. If you find a lower rate quote and buy the policy, verify that coverage does not lapse between policies.

Step 4: Notify your agent or company of your intention to cancel your current coverage and submit a down payment along with a completed application to the new company. Be sure to place your new proof of insurance certificate somewhere easily accessible.

A crucial key to this process is that you use identical coverages on each quote request and and to analyze as many carriers as you can. This provides a fair rate comparison and the most accurate and complete price analysis.

Popular companies such as GEICO, Farmers Insurance and State Farm all claim big savings, bombarding you with advertising and it can be hard to separate fact from fiction and find the best price available.

It’s a good habit to compare prices quite often due to the fact that insurance prices are adjusted regularly by insurance companies. Just because you had the lowest rates on Dodge Charger insurance in Oklahoma City a couple years back a different company probably has better rate quotes today. You can find a lot of misleading information regarding Charger insurance online but we’re going to give you some excellent ideas to quit paying high car insurance rates in Oklahoma City.

If you have a current insurance policy or are shopping for new coverage, you can follow these tips to buy cheaper insurance without having to cut coverage. Buying the cheapest insurance in Oklahoma City can be made easier if you know where to look. Drivers just need to understand the proper way to quote multiple rates online.

Dodge Charger insurance rates and statistics

The data table shown below showcases a range of prices for Dodge Charger models. Learning a little about how car insurance prices are figured can benefit drivers when making smart choices when comparing insurance quotes.

Data based on married male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Oklahoma minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, multi-policy, and safe-driver. Prices do not factor in specific Oklahoma City garaging location which can modify insurance rates noticeably.

Analysis of deductible levels

When comparing car insurance rates, the most common question is how high or low should comp and collision deductibles be. The rates shown below help summarize the price difference when you choose different physical damage coverage deductibles. The first table uses a $250 deductible for comp and collision and the second set of prices uses a $1,000 deductible.

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Oklahoma minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, homeowner, and multi-vehicle. Premium amounts do not factor in garaging location in Oklahoma City which can raise or lower price quotes considerably.

We can derive from the above data that using a $250 deductible costs an average of $38 more each month or $456 for a full year than choosing the higher $1,000 deductible. Because you would pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you average at a minimum 20 months between claim filings, you would probably be better off by going with a higher deductible.

Males versus Females

The illustration below visualizes the comparison of Dodge Charger insurance costs for male and female drivers. The rates are based on no tickets, no at-fault accidents, full coverage, $250 deductibles, drivers are not married, and no discounts are applied to the premium.

Why Smart Buyers Pay Less for Dodge Charger Insurance

Multiple criteria are taken into consideration when you quote your car insurance policy. Some are pretty understandable such as your driving history, but other factors are not quite as obvious like your continuous coverage or your vehicle rating.

The itemized list below are a few of the “ingredients” companies use to determine your prices.

• Policy add-ons can waste money – There are quite a few optional add-on coverages you can purchase on your auto insurance policy. Coverages for coverage for rental cars, death and dismemberment, and membership fees may not be needed and are just wasting money. They may seem like a good idea at first, but if they’re wasting money think about removing them and cutting costs.
• Insurance rates in urban areas – Living in areas with lower population may provide you with better prices when buying auto insurance. Fewer drivers means a lower chance of having an accident as well as less vandalism and auto theft. People who live in big cities have to deal with more traffic problems and higher rates of accident claims. More time on the road can result in more accidents.
• Annual miles is a factor – The higher the mileage driven annually the higher your rates will be. A lot of companies calculate rates based upon how much you drive. Cars and trucks that sit idle most of the time can get a lower rate than those that get driven frequently. Verify your declarations sheet reflects the proper vehicle usage. A policy that improperly rates your Charger may be costing you.
• Insurance companies don’t like frequent policy claims – Auto insurance companies in Oklahoma give lower rates to policyholders who only file infrequent claims. If you are a frequent claim filer, you can pretty much guarantee either a policy non-renewal or much higher rates. Your insurance policy is meant to be used in the event of major claims that would cause financial hardship.

• Accidents will cost you – Good drivers get better prices than people who have multiple driving citations. Just one ticket could increase your next policy renewal by twenty percent. Drivers who get severe citations like DUI or reckless driving may find that they have to to complete a SR-22 to the state department of motor vehicles in order to prevent a license revocation.

  The illustration below illustrates how violations and at-fault claims drive up Dodge Charger car insurance costs for different age groups of insureds. The data assumes a married male driver, comp and collision included, $500 deductibles, and no discounts are factored in.

• Insurance loss statistics a Dodge Charger – Insurers include the past claim trends for vehicles when they set coverage costs for each model. Models that have higher losses will have higher rates for specific coverages.

  The table shown below demonstrates the collected loss data for Dodge Charger vehicles. For each policy coverage type, the statistical loss for all vehicles, regardless of make, model or trim level, is equal to 100. Values that are below 100 suggest a positive loss record, while numbers shown that are more than 100 point to more losses or an increased chance of a larger loss.

  
  

  Dodge Charger Insurance Claim Statistics

  Make and Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Dodge Charger 2WD	148	142	160	176	178	159
  Dodge Charger 4WD	124	129	115	107	110	138
  Dodge Charger HEMI	156	106	202	118	127	111

  BETTER

  AVERAGE

  WORSE

  Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Oklahoma City car insurance companies

Choosing the right car insurance provider can be a challenge considering how many companies provide coverage in Oklahoma. The information shown next may help you select which auto insurers to look at shopping your coverage with.

Top 10 Oklahoma City Car Insurance Companies Ranked by Customer Satisfaction

1. USAA – 91%
2. AAA Insurance – 90%
3. Esurance – 90%
4. Mercury Insurance – 89%
5. Nationwide – 89%
6. Travelers – 88%
7. Progressive – 88%
8. Safeco Insurance – 88%
9. State Farm – 88%
10. Allstate – 88%

Top 10 Oklahoma City Car Insurance Companies Overall

1. Travelers
2. USAA
3. Mercury Insurance
4. AAA Insurance
5. Nationwide
6. Allstate
7. State Farm
8. The Hartford
9. Safeco Insurance
10. Progressive

Don’t give up on affordable coverage

In this article, we covered quite a bit of information on how to find affordable Dodge Charger insurance in Oklahoma City. The key thing to remember is the more times you quote, the better your chances of lowering your rates. Consumers may even find the most savings is with an unexpected company. These companies may only write in your state and offer lower rates than their larger competitors like Progressive and GEICO.

Budget-friendly auto insurance in Oklahoma City is definitely available both online and from local insurance agents, and you should be comparing both to have the best chance of lowering rates. A few companies may not offer rate quotes online and usually these regional carriers sell through independent insurance agencies.

As you restructure your insurance plan, don’t be tempted to reduce needed coverages to save money. In many instances, drivers have reduced physical damage coverage and found out when filing a claim that their decision to reduce coverage ended up costing them more. Your focus should be to buy the best coverage you can find at a price you can afford, but do not skimp to save money.

Steps to saving on Dodge Charger insurance in Oklahoma City

The easiest way to find more affordable Dodge Charger insurance in Oklahoma City is to annually compare prices from insurers in Oklahoma.

Step 1: Try to learn about how companies set rates and the factors you can control to prevent high rates. Many policy risk factors that cause rate increases like at-fault accidents, careless driving, and an unacceptable credit score can be amended by making minor changes in your lifestyle.

Step 2: Compare price quotes from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can only provide price estimates from one company like Progressive and State Farm, while independent agencies can quote rates for a wide range of insurance providers.

Step 3: Compare the quotes to your current policy and see if you can save money. If you find a lower rate quote and switch companies, make sure coverage is continuous and does not lapse.

Step 4: Provide notification to your current agent or company to cancel your current auto insurance policy and submit the completed application along with a down payment to your new agent or company. When you receive it, place the new certificate verifying proof of insurance with your vehicle’s registration.

An important bit of advice to remember is to try to use identical coverages on each price quote and and to get rates from as many different companies as possible. Doing this helps ensure a fair rate comparison and the most accurate and complete price analysis.

Additional information

• Can I Drive Legally without Insurance? (Insurance Information Institute)
• Who Has the Cheapest Auto Insurance for a Dodge Grand Caravan in Oklahoma City? (FAQ)
• Collision Coverage (Liberty Mutual)
• Auto Insurance Basics (Insurance Information Institute)