Compare Toyota Highlander Insurance Quotes in Oklahoma City

The recommended way to get discount auto insurance rates in Oklahoma City is to begin comparing prices regularly from providers in Oklahoma.

  1. Get a basic knowledge of how companies price auto insurance and the things you can control to keep rates low. Many rating factors that increase rates such as accidents, traffic tickets, and a lousy credit rating can be amended by making minor changes in your lifestyle.
  2. Obtain price quotes from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only give rate quotes from a single company like GEICO or Farmers Insurance, while independent agents can quote rates from multiple sources. Find an Oklahoma City insurance agent
  3. Compare the price quotes to your existing coverage to see if a cheaper rate is available. If you can save money and decide to switch, make sure there is no lapse in coverage.
  4. Notify your agent or company of your intent to cancel your current auto insurance policy and submit the application along with any required down payment to your new company or agent. As soon as you have the new policy, store the proof of insurance paperwork in your vehicle.

One key aspect when comparing rates is that you use the same amount of coverage on each price quote and and to analyze every company you can. This provides an accurate price comparison and a complete selection of prices.

Discount Toyota Highlander insuranceEveryone knows that car insurance companies don’t want their policyholders to compare prices. Consumers who perform rate comparisons will probably move their business because there is a good probability of finding a policy with more affordable rates. A recent survey discovered that people who compared rate quotes regularly saved about $860 a year compared to policyholders who never shopped for cheaper rates.

If finding low prices for car insurance is your goal, then having some knowledge of how to compare cheaper coverage can help simplify the task of finding more affordable coverage.

When price shopping your coverage, more quotes increases the chance that you will find a lower rate than you’re paying now. Not every company provides rate quotes online, so you also need to get quotes from them as well.

The auto insurance companies shown below have been selected to offer price quotes in Oklahoma City, OK. If multiple companies are listed, we suggest you compare several of them to get the most competitive price.

Do you qualify for discounts?

The cost of insuring your cars can be expensive, but there may be some discounts to cut the cost considerably. Many discounts should be triggered at quote time, but some need to be asked for prior to receiving the credit.Cheaper car insurance with discounts

One last thing about discounts, most discounts do not apply to the whole policy. Most only cut individual premiums such as collision or personal injury protection. Even though it may seem like you would end up receiving a 100% discount, companies don’t profit that way.

The chart below shows the comparison of Toyota Highlander premium costs with and without discounts applied to the premium. The costs are based on a female driver, a clean driving record, no at-fault accidents, Oklahoma state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, homeowner, safe-driver, marriage, claim-free, and multi-car discounts applied.

A few companies that may offer quotes with some of the above discounts include:

If you are trying to find the cheapest Toyota Highlander rate quotes, ask all companies you are considering to give you their best rates. Some credits may not apply to policyholders in Oklahoma City. To view insurers who offer free Toyota Highlander insurance quotes in Oklahoma City, follow this link.

Analysis of coverages

The premium information shown below showcases estimates of coverage prices for Toyota Highlander models. Knowing how auto insurance prices are figured helps drivers make informed decisions when comparing rate quotes.

Toyota Highlander Insurance Rates in Oklahoma City, OK
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Highlander 2WD $336 $470 $458 $28 $136 $1,428 $119
Highlander 4WD $380 $572 $458 $28 $136 $1,574 $131
Highlander Sport 4WD $380 $572 $458 $28 $136 $1,574 $131
Highlander SE 2WD $380 $572 $458 $28 $136 $1,574 $131
Highlander Sport 2WD $380 $572 $458 $28 $136 $1,574 $131
Highlander Limited 2WD $422 $674 $458 $28 $136 $1,718 $143
Highlander SE 4WD $422 $674 $458 $28 $136 $1,718 $143
Highlander Limited 4WD $422 $674 $458 $28 $136 $1,718 $143
Highlander Hybrid 4WD $422 $674 $458 $28 $136 $1,718 $143
Highlander Hybrid Limited 4WD $422 $674 $458 $28 $136 $1,718 $143
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Prices above based on married female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Oklahoma minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, homeowner, and multi-policy. Table data does not factor in specific location which can revise coverage rates considerably.

Rate comparison for different deductibles

The hardest decision when buying coverage is at what level do you set your deductibles. The following insurance rates highlight the cost difference between high and low policy deductibles. The first set of rates uses a $100 physical damage coverage deductible and the second price grid uses a $500 deductible.

Toyota Highlander insurance policy rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Highlander 2WD $386 $572 $448 $26 $134 $1,591 $133
Highlander 4WD $436 $698 $448 $26 $134 $1,767 $147
Highlander Sport 4WD $436 $698 $448 $26 $134 $1,767 $147
Highlander SE 2WD $436 $698 $448 $26 $134 $1,767 $147
Highlander Sport 2WD $436 $698 $448 $26 $134 $1,767 $147
Highlander Limited 2WD $486 $822 $448 $26 $134 $1,941 $162
Highlander SE 4WD $486 $822 $448 $26 $134 $1,941 $162
Highlander Limited 4WD $486 $822 $448 $26 $134 $1,941 $162
Highlander Hybrid 4WD $486 $822 $448 $26 $134 $1,941 $162
Highlander Hybrid Limited 4WD $486 $822 $448 $26 $134 $1,941 $162
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Toyota Highlander insurance policy rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Highlander 2WD $282 $388 $448 $26 $134 $1,278 $107
Highlander 4WD $318 $472 $448 $26 $134 $1,398 $117
Highlander Sport 4WD $318 $472 $448 $26 $134 $1,398 $117
Highlander SE 2WD $318 $472 $448 $26 $134 $1,398 $117
Highlander Sport 2WD $318 $472 $448 $26 $134 $1,398 $117
Highlander Limited 2WD $354 $554 $448 $26 $134 $1,516 $126
Highlander SE 4WD $354 $554 $448 $26 $134 $1,516 $126
Highlander Limited 4WD $354 $554 $448 $26 $134 $1,516 $126
Highlander Hybrid 4WD $354 $554 $448 $26 $134 $1,516 $126
Highlander Hybrid Limited 4WD $354 $554 $448 $26 $134 $1,516 $126
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Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Oklahoma minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, claim-free, and multi-vehicle. Table data does not factor in specific location information which can decrease or increase auto insurance rates noticeably.

Based on these figures, using a $100 deductible costs about $32 more each month or $384 for a full year than requesting the higher $500 deductible. Because you would pay $400 more out-of-pocket with a $500 deductible as compared to a $100 deductible, if you normally go more than 13 months between claims, you would save more money if you elect the higher deductible. The table below shows the way this decision is made.

Average monthly premium for $100 deductibles: $153
Average monthly premium for $500 deductibles (subtract): – $121
Monthly savings from raising deductible: $32
Difference between deductibles ($500 – $100): $400
Divide difference by monthly savings: $400 / $32
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 13 months

One thing to be aware of is that a higher deductible level results in more money out-of-pocket when you have to file a claim. You must have some extra savings in the event you have to pay the deductible.

The chart below demonstrates how choosing different deductibles and can affect Toyota Highlander insurance costs for different categories of driver ages. The rates are based on a married female driver, full physical damage coverage, and no additional discounts are factored in.

Age, gender, and Toyota Highlander insurance

The diagram below shows the difference between Toyota Highlander auto insurance costs for male and female drivers. The premiums assume no accidents, no driving violations, full coverage, $100 deductibles, drivers are not married, and no discounts are applied to the premium.

Full coverage rates vs. liability-only in Oklahoma City

The diagram below shows the difference between Toyota Highlander car insurance costs with liability coverage only compared to full coverage. The data assumes no tickets, no at-fault accidents, $500 deductibles, single marital status, and no policy discounts are applied.

When to switch to liability coverage only

There is no written rule that is best for determining when to drop full coverage, but there is a general guideline you can use. If the yearly cost of comp and collision coverage is more than about 10% of any settlement you would receive from your insurance company, then you might consider buying liability only.

For example, let’s assume your Toyota Highlander claim settlement value is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $8,000 after the policy deductible has been paid. If it’s costing you more than $800 a year for physical damage coverage, then you might want to think about dropping full coverage.

There are some cases where dropping full coverage is not a good plan. If you still owe money on your vehicle, you have to maintain full coverage in order to satisfy the requirements of the loan. Also, if you can’t afford to buy a different vehicle if your current one is in an accident, you should not drop full coverage.

Eight Tips to Get More Affordable Oklahoma City Insurance Prices

Many different elements are used in the calculation when you get your auto insurance bill. Some of the criteria are obvious like a motor vehicle report, but other factors are not quite as obvious like where you live or how financially stable you are. An important part of buying insurance is that you know a few of the rating criteria that help calculate your policy premiums. When you understand what positively or negatively impacts your premiums, this enables you to make decisions that can earn you better auto insurance rates.

Independent or exclusive insurance agents

A lot of people would rather go talk to an agent and there is nothing wrong with that. One of the benefits of getting online price quotes is you can get lower rates and still have a local agent. And supporting local insurance agents is definitely important in Oklahoma City.

Oklahoma City insurance agentsAfter completing this quick form, your insurance data is instantly submitted to agents in your area who will gladly provide quotes and help you find cheaper coverage. There is no reason to find an agent on your own since rate quotes are delivered directly to your email. It’s the lowest rates and work with a local agent. In the event you want to compare rates for a specific company, don’t hesitate to visit that company’s website and submit a quote form there.

When searching for a reliable agent, you should know the types of agencies and how they can write your policy. Insurance policy providers are either independent or exclusive depending on the company they work for.

Independent Agents (or Brokers)

Agents in the independent channel are not limited to a single company and that is an advantage because they can write policies with lots of companies depending on which coverage is best. If they find a lower price, they can switch companies in-house which makes it simple for you. When comparing rates, you need to compare prices from at a minimum one independent agency in order to compare the most rates. Most also have access to smaller mutual companies which may provide better rates.

Listed below is a short list of independent insurance agents in Oklahoma City that may be able to give you competitive price quotes.

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Exclusive Insurance Agents

Agents that elect to be exclusive write business for a single company such as AAA, Allstate, and State Farm. Exclusive agents cannot provide rate quotes from other companies so keep that in mind. These agents are very knowledgeable on what they offer and that allows them to sell at a higher price point. A lot of people buy from exclusive agents partially due to the prominent brand name instead of buying on price only.

Shown below is a short list of exclusive insurance agents in Oklahoma City who can help you get price quotes.

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Finding a good auto insurance agent is decision based upon more than just a cheap price. The following questions are important to ask.

Oklahoma auto insurance companies

Ending up with the highest-rated car insurance provider can be a challenge considering how many different companies there are to choose from in Oklahoma. The rank data below could help you choose which auto insurers you want to consider shopping your coverage with.

Top 10 Oklahoma City Car Insurance Companies Ranked by Claims Service

  1. Travelers
  2. Nationwide
  3. Allstate
  4. State Farm
  5. Liberty Mutual
  6. GEICO
  7. American Family
  8. Esurance
  9. Titan Insurance
  10. AAA Insurance

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

Keep this in mind when shopping around

We just presented some good ideas how to reduce Toyota Highlander insurance premium rates online in Oklahoma City. It’s most important to understand that the more companies you get prices for, the better chance you’ll have of finding cheaper Oklahoma City auto insurance quotes. Consumers may even find the biggest savings come from an unexpected company.

Low-cost Toyota Highlander insurance in Oklahoma City is definitely available both online and from local agencies, so you need to quote Oklahoma City auto insurance with both to get a complete price analysis. Some insurance companies may not provide price quotes online and usually these smaller companies work with independent insurance agents.

When buying insurance coverage, never buy less coverage just to save a little money. There are too many instances where consumers will sacrifice liability coverage limits and discovered at claim time they didn’t purchase enough coverage. The goal is to buy a smart amount of coverage at the best possible price while not skimping on critical coverages.

Additional information can be found at the links below