Compare Dodge Journey Insurance Rates in Oklahoma City

Feel like you’re a prisoner to overpriced Dodge Journey insurance in Oklahoma City? Don’t sweat it because you’re not the only one.

Astonishing but true, a large majority of drivers have remained with the same auto insurance company for over three years, and approximately 38% of consumers have never compared rate quotes at all. Oklahoma insurance shoppers could save themselves roughly 35% a year, but most tend to underestimate how much they could save if they bought a different policy. Having so many companies to choose from that have cheap insurance for a Dodge Journey in Oklahoma City, it can be challenging to pick the lowest price insurance company.

You should take the time to get comparison quotes once or twice a year since prices are rarely the same from one policy term to another. Just because you had the lowest quotes on Dodge Journey insurance in Oklahoma City six months ago you can probably find a better rate now. There are lots of tips to save on Journey insurance out there, but in just a couple of minutes you can learn some proven techniques to lower your auto insurance rates in Oklahoma City.

The most recommended method to compare car insurance rates for Dodge Journey insurance in Oklahoma City takes advantage of the fact all the major auto insurance companies provide online access to give free rates quotes. To get started, all you need to do is provide information such as if you have an active license, deductibles desired, if it has an alarm system, and if the car is leased. Your information gets sent immediately to many different companies and they respond with quotes quickly.

To check rates for your Dodge Journey now, click here and find out if you can get cheaper insurance in Oklahoma City.

The companies shown below provide free quotes in Oklahoma. If multiple companies are listed, we suggest you visit as many as you can to get a more complete price comparison.

Three main reasons to buy insurance

Despite the high insurance cost for a Dodge Journey in Oklahoma City, maintaining insurance is required by state law in Oklahoma and it also provides benefits you may not be aware of.

• Just about all states have minimum mandated liability insurance limits which means it is punishable by state law to not carry a minimum amount of liability insurance coverage if you drive a vehicle. In Oklahoma these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If you bought your Dodge Journey with a loan, most banks will force you to carry insurance to ensure they get paid if you total the vehicle. If you let the policy lapse, the bank may insure your Dodge for a much higher rate and force you to pay the higher premium.
• Insurance preserves both your assets and your car. It will also pay for all forms of medical expenses for you, any passengers, and anyone injured in an accident. Liability coverage also pays expenses related to your legal defense if you are named as a defendant in an auto accident. If you receive damage to your vehicle caused by a storm or accident, comprehensive (other-than-collision) and collision coverage will pay to repair the damage.

The benefits of insuring your car more than offset the price you pay, especially with large liability claims. But the average American driver is overpaying over $800 each year so it’s important to compare rates at least once a year to help ensure money is not being wasted.

Car insurance data for a Dodge Journey

The information displayed next outlines estimates of insurance policy prices for Dodge Journey models. Learning how auto insurance prices are calculated is important to be able to make informed purchases.

Data based on single male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Oklahoma minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, multi-vehicle, and claim-free. Price estimates do not factor in vehicle location which can influence coverage rates substantially.

Raise deductibles and save

The hardest decision when buying coverage is what deductibles to buy. The rates shown below may aid in understanding the cost difference when you choose different physical damage deductibles. The first rate estimation uses a $250 physical damage deductible and the second set of prices uses a $500 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Oklahoma minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, safe-driver, and multi-policy. Premium costs do not factor in the specific area where the vehicle is garaged which can modify coverage prices noticeably.

Using the premium rates above, we can conclude that using a $250 deductible would cost the average driver about $17 more each month or $204 a year across all Dodge Journey models than choosing the higher $500 deductible. Because you would be required to pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you normally average at least 15 months between claims, you would save more money if you opt for a higher deductible.

Full coverage versus liability only rates

The information below compares Dodge Journey insurance premiums when comparing full coverage to state minimum liability only. The premium estimates are based on no accidents, no driving violations, $1,000 deductibles, marital status is single, and no discounts are applied to the premium.

When to buy liability coverage only

There is no specific rule to delete comprehensive and collision coverage on your policy, but there is a general convention. If the annual cost of your full coverage insurance is about 10% or more of the vehicle’s replacement cost less your deductible, then you might consider buying liability only.

For example, let’s say your Dodge Journey settlement value is $6,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most you would get paid by your company is $5,000 after paying the physical damage deductible. If you are paying over $500 annually for comprehensive and collision coverage, then you may want to consider only buying liability coverage.

There are some circumstances where buying only liability insurance is not financially feasible. If you still have a loan on your vehicle, you have to maintain full coverage as part of the loan requirements. Also, if your finances do not allow you to purchase a different vehicle in the even your car is totaled, you should not drop full coverage.

Cheap Oklahoma City auto insurance rates with discounts

Car insurance companies don’t list every discount very clearly, so the list below contains some of the best known and also the more inconspicuous credits available to you.

• Sign Online – Some of the larger companies will give a small break for buying your policy on your computer.
• Include Life Insurance and Save – Insurance carriers who offer life insurance give a discount if you purchase some life insurance in addition to your auto policy.
• Theft Prevention System – Cars and trucks equipped with tracking devices and advanced anti-theft systems have a lower chance of being stolen and therefore earn up to a 10% discount.
• Discounts for Multiple Vehicles – Drivers who insure more than one vehicle with the same company can reduce the rates for all insured vehicles.
• Save over 55 – Drivers over the age of 55 may qualify for a small decrease in premiums.
• Safe Driver Discounts – Safe drivers can save as much as half off their rates as compared to drivers with claims.
• College Student – Kids who live away from home to go to college and do not have access to a covered vehicle could get you a discount.

As a footnote on discounts, most discounts do not apply to all coverage premiums. Some only reduce specific coverage prices like medical payments or collision. So despite the fact that it appears all those discounts means the company will pay you, company stockholders wouldn’t be very happy.

The information below illustrates the comparison of Dodge Journey car insurance costs with and without discounts applied to the premium. The premiums are based on a male driver, no accidents, no driving violations, Oklahoma state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-car, claim-free, homeowner, safe-driver, and multi-policy discounts applied.

For a list of auto insurance companies with the best discounts in Oklahoma City, click here.