It’s well known that insurance companies don’t want you to compare rates. Consumers who compare price quotes will most likely switch insurance companies because there is a high probability of getting low-cost coverage. A recent insurance study discovered that drivers who routinely compared rates saved as much as $70 a month compared to people who never shopped for cheaper rates.
If finding budget-friendly rates on auto insurance is your ultimate goal, then learning a little about the best ways to find and compare auto insurance can help simplify the task of finding more affordable coverage.
Truthfully, the best way to get discount car insurance rates in Oklahoma City is to compare prices at least once a year from different companies in Oklahoma. Rates can be compared by completing these steps.
- Try to learn about how auto insurance works and the changes you can make to prevent rate increases. Many factors that result in higher rates like accidents, careless driving, and a low credit score can be remedied by making small lifestyle or driving habit changes.
- Compare rates from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can provide rates from one company like GEICO or Allstate, while agents who are independent can provide prices from multiple sources. Compare rates
- Compare the new rates to your existing policy to see if you can save by switching companies. If you find a lower rate and make a switch, make sure there is no lapse in coverage.
- Give notification to your current company of your intent to cancel your current car insurance policy. Submit any necessary down payment along with the completed application to the new company. When you receive it, safely store the certificate verifying proof of insurance in an accessible location in your vehicle.
An important part of this process is to use the same liability limits and deductibles on every price quote and to quote with as many carriers as you can. Doing this helps ensure the most accurate price comparison and a complete selection of prices.
The most recommended method to compare rates for Mitsubishi Raider insurance in Oklahoma City is to know the trick car insurance companies provide online access to provide you with a free rate quote. To begin a comparison, all you need to do is take a few minutes to give details such as whether the vehicles are used for commuting, your general credit rating, how much education you have, and if the car is leased. The rating information is then submitted to all major companies and you will receive price estimates quickly.
To check Mitsubishi Raider insurance prices now, click here and find out if lower rates are available in Oklahoma City.
The companies shown below are ready to provide price comparisons in Oklahoma. If more than one company is shown, we recommend you get prices from several of them in order to get a fair rate comparison.
Cheaper Oklahoma City car insurance rates with discounts
Car insurance can cost a lot, but there may be some discounts that can drop the cost substantially. Most are applied when you get a quote, but lesser-known reductions have to be specially asked for prior to receiving the credit. If you do not double check each discount available, you could be getting lower rates.
- Anti-lock Brakes – Cars, trucks, and SUVs that have steering control and anti-lock brakes can reduce accidents and will save you 10% or more on Raider insurance in Oklahoma City.
- Lower Rates for Military – Being deployed with a military unit may lower your rates slightly.
- Fewer Miles Equal More Savings – Low annual miles may enable drivers to earn lower car insurance rates due to less chance of an accident.
- Responsible Driver Discount – Insureds who avoid accidents can save as much as half off their rates as compared to drivers with claims.
- E-sign – Certain insurance companies give back up to $50 just for signing your application online.
- No Claim Discounts – Insureds with no claims or accidents can save substantially as compared to accident-prone drivers.
- Discount for Life Insurance – Some companies give a discount if you purchase a life insurance policy as well.
- Telematics Data Discounts – Insureds who allow companies to track vehicle usage through the use of a telematics system like Drivewise from Allstate or In-Drive from State Farm might see lower rates if they have good driving habits.
- Full Payment Discount – If paying your policy premium upfront rather than spreading payments over time you could save up to 5%.
As is typical with insurance, some credits don’t apply to the whole policy. Most cut the cost of specific coverages such as physical damage coverage or medical payments. If you do the math and it seems like you can get free auto insurance, insurance companies wouldn’t stay in business. But any discount should help reduce the amount you have to pay.
A few of the larger companies and the discounts they provide are detailed below.
- American Family may have discounts that include accident-free, air bags, good driver, multi-vehicle, mySafetyValet, early bird, and TimeAway discount.
- Farm Bureau has savings for renewal discount, multi-policy, 55 and retired, driver training, good student, multi-vehicle, and youthful driver.
- State Farm includes discounts for Steer Clear safe driver discount, good student, safe vehicle, accident-free, and Drive Safe & Save.
- Travelers may include discounts for good student, early quote, new car, multi-car, hybrid/electric vehicle, IntelliDrive, and continuous insurance.
- The Hartford offers discounts including anti-theft, vehicle fuel type, driver training, good student, bundle, air bag, and defensive driver.
- GEICO discounts include multi-policy, five-year accident-free, multi-vehicle, anti-lock brakes, and emergency military deployment.
- Progressive may offer discounts for continuous coverage, homeowner, multi-vehicle, multi-policy, and online quote discount.
Before you buy a policy, ask every prospective company which discounts they offer. Savings may not apply to policyholders everywhere. To choose insurance companies who offer car insurance discounts in Oklahoma City, click here to view.
Why do I need car insurance?
Even though Oklahoma City Raider insurance rates can get expensive, insuring your vehicle is required for several reasons.
- Most states have minimum liability requirements which means it is punishable by state law to not carry a specific level of liability insurance if you want to drive legally. 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 your Raider has a loan, most banks will force you to have insurance to ensure loan repayment if the vehicle is totaled. If the policy lapses, the bank or lender will purchase a policy for your Mitsubishi for a lot more money and make you pay the higher price.
- Insurance protects not only your vehicle but also your financial assets. It also can pay for most medical and hospital costs for you, any passengers, and anyone injured in an accident. Liability insurance, one of your policy coverages, will also pay for a defense attorney if you are sued as the result of your driving. If mother nature or an accident damages your car, your policy will cover the damage repairs after a deductible is paid.
The benefits of carrying enough insurance greatly outweigh the cost, especially for larger claims. Despite what companies tell you, the average driver overpays as much as $830 a year so you should quote your policy with other companies at every policy renewal to ensure rates are inline.
Auto insurance can get complicated
When it comes to choosing proper insurance coverage, there really is not a “perfect” insurance plan. Your financial needs are unique so this has to be addressed.
These are some specific questions can aid in determining if your situation would benefit from professional advice.
- Can I afford low physical damage deductibles?
- Should I get collision insurance on every vehicle?
- When should I remove comp and collision on my Mitsubishi Raider?
- Am I covered by my employer’s commercial auto policy when driving my personal car for business?
- Does having multiple vehicles earn me a discount?
- Do I have coverage when pulling a U-Haul trailer?
- Are split liability limits better than a combined single limit?
- Is extra glass coverage worth it?
- Should I buy more coverage than the required Oklahoma minimum liability coverage?
If you’re not sure about those questions but you think they might apply to your situation then you might want to talk to a licensed agent. If you want to speak to an agent in your area, complete this form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and can help protect your family.
Buying auto insurance from Oklahoma City auto insurance agents
Some people prefer to sit down and talk to an agent and that is a smart decision Agents are trained risk managers and help file insurance claims. One of the best bonuses of getting free rate quotes online is the fact that drivers can get cheaper premium rates and also buy local.
To find an agent, once you fill out this simple form, the quote information is transmitted to insurance agents in Oklahoma City who want to provide quotes for your business. There is no reason to search for any insurance agencies as quotes are delivered to your email. If for some reason you want to compare rates from a specific insurance company, you just need to jump over to their website to submit a rate quote request.
Finding a good insurer requires you to look at more than just the quoted price. These are some questions your agent should answer.
- Are they properly licensed to sell insurance in Oklahoma?
- Do they have adequate Errors and Omissions coverage? This protects you if they make a mistake.
- If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
- Do they have cheaper tiers of coverage?
- What insurance company do they write the most business with?
- How often do they review policy coverages?
- Will they make sure you get an adequate claim settlement?
If you want to use a reliable insurance agent, there are two types of agencies to choose from. Auto insurance agents may be either independent agents or exclusive agents depending on their employer. Either one can handle auto insurance, but it’s worth mentioning the difference between them because it may have an impact on your agent selection.
Exclusive Auto Insurance Agencies
Agents that choose to be exclusive work for only one company and some examples include State Farm, Allstate, or Farmers Insurance. Exclusive agents are unable to compare other company’s rates so they have no alternatives for high prices. Exclusive agents receive a lot of sales training on their products and sales techniques and that enables them to sell even at higher rates. Drivers often buy insurance from these agents mainly due to high brand loyalty and solid financial strength.
Below are exclusive agents in Oklahoma City who can help you get comparison quotes.
- Tony Brummitt – State Farm Insurance Agent
9509 N Council Rd – Oklahoma City, OK 73162 – (405) 721-1423 – View Map
- Rita Wallenberg – State Farm Insurance Agent
2833 SW 119th St – Oklahoma City, OK 73170 – (405) 691-2464 – View Map
- Mai McCoy – State Farm Insurance Agent
2800 N Classen Blvd #105 – Oklahoma City, OK 73106 – (405) 524-3327 – View Map
Independent Agents (or Brokers)
These agents are not required to write business for one company so as a result can place your coverage through many different auto insurance companies and find you the best rates. If premiums increase, your agent can switch companies and you can keep the same agent.
When searching for an agent, you definitely need to contact independent agents to have the most options to choose from. Most also write with less well-known companies that can offer cheaper rates than bigger companies.
Listed below are Oklahoma City independent agencies that are able to give comparison quotes.
- Anderson Insurance
10325 Greenbriar Pl – Oklahoma City, OK 73159 – (405) 794-9500 – View Map
- Professional Insurors Agency, LLC
7301 Broadway Ext – Oklahoma City, OK 73116 – (405) 843-9191 – View Map
- Centennial Insurance Group, Inc.
2814 W Britton Rd – Oklahoma City, OK 73120 – (405) 286-4179 – View Map
Specific coverages for a Mitsubishi Raider
Learning about specific coverages of your auto insurance policy aids in choosing the best coverages at the best deductibles and correct limits. Auto insurance terms can be impossible to understand and even agents have difficulty translating policy wording. Shown next are typical coverage types available from auto insurance companies.
This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.
Comprehensive insurance covers claims like fire damage, falling objects, theft and a tree branch falling on your vehicle. The maximum amount your auto insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.
Collision coverage covers damage to your Raider resulting from a collision with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.
Collision coverage pays for claims like backing into a parked car, crashing into a building and damaging your car on a curb. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. You can also increase the deductible on your Raider to get cheaper collision coverage.
Uninsured/Underinsured Motorist (UM/UIM)
This gives you protection from other drivers when they do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as damage to your Mitsubishi Raider.
Because many people only purchase the least amount of liability that is required (which is 25/50/25), it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family.
Med pay and Personal Injury Protection (PIP)
Coverage for medical payments and/or PIP pay for bills like surgery, doctor visits, X-ray expenses and rehabilitation expenses. They are utilized in addition to your health insurance policy or if you do not have health coverage. They cover not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states and may carry a deductible
Liability coverage provides protection from injuries or damage you cause to people or other property that is your fault. This coverage protects you against claims from other people, and does not provide coverage for damage to your own property or vehicle.
It consists of three 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 means a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property.
Liability coverage pays for claims such as medical services, repair costs for stationary objects and structural damage. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase higher limits if possible. Oklahoma requires drivers to carry at least 25/50/25 but drivers should carry better liability coverage.
The chart below shows why low liability limits may not be adequate coverage.