To save the most money, the best way to find affordable Ford Freestar insurance in Oklahoma City is to do a yearly price comparison from companies in Oklahoma.
Step 1: Try to understand how companies set rates and the things you can control to keep rates low. Many rating factors that result in higher prices such as speeding tickets, careless driving and a less-than-favorable credit score can be controlled by being financially responsible and driving safely. This article gives tips to help prevent costly coverage and get discounts that may be available to you.
Step 2: Obtain price quotes from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can give quotes from one company like GEICO and State Farm, while agents who are independent can quote rates from multiple companies.
Step 3: Compare the new rate quotes to the price on your current policy to see if switching to a new carrier will save money. If you can save some money, verify that coverage does not lapse between policies.
Step 4: Give notification to your agent or company of your decision to cancel the current policy and submit a completed application and payment for your new policy. Don’t forget to safely store the certificate verifying proof of insurance above your visor, in the console, or in the glove compartment.
A valuable tip to remember is to use the same amount of coverage on every quote request and and to get price quotes from every insurance company. This ensures the most accurate price comparison and a complete price analysis.
It’s an obvious assumption that car insurance companies don’t want their customers to go rate shopping. Consumers who do rate comparisons will presumably switch to a new company because there is a good chance of finding a cheaper policy. A study discovered that drivers who regularly compared price quotes saved as much as $860 a year compared to other drivers who never compared rates.
If finding low prices for car insurance in Oklahoma City is the reason you’re here, learning the best way to compare insurance coverage can save time and money.
Finding and comparing the lowest-priced protection in Oklahoma City is not as hard as you may think. Practically every person who is looking for a better price on car insurance will find a lower-cost policy. Although Oklahoma car owners should learn the way companies market insurance on the web and apply this information to your search.
To get affordable Ford Freestar insurance quotes, there a variety of ways to obtain and compare prices from many available insurance companies in Oklahoma. By far the easiest way to find the cheapest Ford Freestar insurance rates is to use the internet to compare rates. When price shopping your coverage, having more price comparisons provides better odds of finding more affordable rates.
The following companies provide comparison quotes in Oklahoma City, OK. If several companies are displayed, we recommend you click on several of them to get the best price comparison.
Why auto insurance is not optional
Despite the high cost of buying insurance for a Ford Freestar in Oklahoma City, buying auto insurance is mandatory in Oklahoma but it also protects more than you think.
First, almost all states have compulsory liability insurance requirements which means you are required to buy specific minimum amounts of liability coverage in order to be legal. 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.
Second, if you bought your car with a loan, almost all lenders will require you to buy insurance to ensure the loan is repaid in case of a total loss. If the policy lapses, the bank or lender will purchase a policy for your Ford at a much higher rate and force you to pay much more than you were paying before.
Third, auto insurance protects not only your car but also your financial assets. It will also cover all forms of medical expenses that are the result of an accident. Liability insurance, one of your policy coverages, also pays for attorney fees and expenses if anyone sues you for causing an accident. If you have damage to your Ford as the result of the weather or an accident, comprehensive and collision coverage will cover the damage repairs after a deductible is paid.
The benefits of buying enough insurance more than cancel out the cost, specifically if you ever have a liability claim. According to a survey of 1,000 drivers, the average driver is currently overpaying as much as $810 a year so shop around every year to ensure rates are inline.
Save money on Ford Freestar insurance in Oklahoma City with these six auto insurance discounts
Some companies do not advertise their entire list of discounts very clearly, so here is a list some of the best known and the more hidden credits available to lower your premiums when you buy Oklahoma City auto insurance online.
- Passive Restraints – Factory options such as air bags or automatic seat belts may earn rate discounts up to 30%.
- Seat Belt Usage – Drivers who always wear seat belts and also require passengers to buckle their seat belts can save up to 15% on the medical payments or PIP coverage costs.
- Active Service Discounts – Being on active deployment in the military could be rewarded with lower premium rates.
- Low Mileage – Low mileage vehicles may allow you to get slightly better rates than normal.
- Accident-Free Discounts – Claim-free drivers can earn big discounts compared to insureds who have frequent claims or accidents.
- First Accident Forgiveness – This one isn’t a discount, but certain companies will let one accident slide before hitting you with a surcharge if you have no claims before the accident.
Don’t be surprised that most of the big mark downs will not be given to the whole policy. Most only reduce specific coverage prices like collision or personal injury protection. So when the math indicates adding up those discounts means a free policy, nobody gets a free ride.
A few popular companies and the discounts they provide are outlined below.
- GEICO offers discounts including defensive driver, military active duty, five-year accident-free, anti-theft, and multi-policy.
- Travelers offers premium reductions for IntelliDrive, good student, new car, home ownership, continuous insurance, and multi-policy.
- Farm Bureau includes discounts for multi-vehicle, youthful driver, 55 and retired, safe driver, multi-policy, and good student.
- Liberty Mutual has discounts for preferred payment discount, multi-policy, newly married, new graduate, teen driver discount, and new vehicle discount.
- American Family offers discounts for multi-vehicle, good student, good driver, accident-free, early bird, Steer into Savings, and bundled insurance.
- Progressive may include discounts for multi-policy, continuous coverage, good student, homeowner, online quote discount, multi-vehicle, and online signing.
When getting free Oklahoma City auto insurance quotes, it’s a good idea to all the companies which credits you are entitled to. Savings might not be offered on policies in every state.
You may require the services of an insurance agent
Some people still prefer to talk to a local agent and that is a personal choice. One of the benefits of comparing insurance prices online is you may find better rates and still choose a local agent. Buying from neighborhood insurance agencies is still important in Oklahoma City.
To help locate an agent, after submitting this quick form, your information is instantly submitted to agents in your area that can provide free Oklahoma City auto insurance quotes to get your business. There is no need to find an agent on your own because prices are sent to you directly. It’s the lowest rates and a licensed agent to work with. If you need to quote rates from a specific auto insurance provider, you just need to jump over to their website and fill out their quote form.
If you need to find a reputable agency, there are two types of agencies that you can select. Auto insurance agencies can be described as either independent agents or exclusive agents.
Independent Auto Insurance Agencies
Agents that choose to be independent are not employed by any specific company so they have the ability to put coverage with a variety of different insurance companies and get you the best rates possible. If they find a cheaper price, they simply move the coverage in-house and the insured can keep the same agent.
If you are comparing auto insurance prices, we recommend you include price quotes from a few independent agents for the best price selection. Many write coverage with smaller mutual companies which can be an advantage.
Shown below is a list of independent insurance agencies in Oklahoma City that may be able to give you rate quotes.
- Shelton Agency
6401 NW Expressway # 100B – Oklahoma City, OK 73132 – (405) 384-1518 – View Map
- Insurance Center Agency Inc
Union Plaza, 5600 N May Ave #300 – Oklahoma City, OK 73112 – (405) 843-0793 – View Map
- 3000 Insurance Group Alexander and Strunk
3000 NW 149th St – Oklahoma City, OK 73134 – (405) 751-8356 – View Map
Agents that elect to be exclusive can only provide one company’s prices and examples are State Farm, Allstate, or Farmers Insurance. They usually cannot give you multiple price quotes so it’s a take it or leave it situation. Exclusive insurance agents receive extensive training on the products they sell and that enables them to sell even at higher rates. Consumers frequently use the same exclusive agent mostly because of the prominence of the brand rather than low rates.
Below is a short list of exclusive insurance agencies in Oklahoma City that can give you rate quotes.
- Jim Hoffhines – State Farm Insurance Agent
3838 NW 36th St #160 – Oklahoma City, OK 73112 – (405) 948-8881 – View Map
- Becky Stevens – State Farm Insurance Agent
7105 W Hefner Rd – Oklahoma City, OK 73162 – (405) 722-0004 – View Map
- Allstate Insurance: Gerald Jeter
11723 S Western Ave – Oklahoma City, OK 73170 – (405) 692-2411 – View Map
Picking the best insurance agency is decision based upon more than just the premium amount. Get answers to these questions too.
- What will you get paid if your car is a total loss? How is that amount determined?
- Does the company have a solid financial rating?
- Is there a local claims center in Oklahoma City?
- How many years of experience in personal auto insurance do they have?
- Who are their largest clients?
Car insurance 101
Knowing the specifics of a insurance policy helps when choosing appropriate coverage and proper limits and deductibles. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording.
Uninsured and underinsured coverage – Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.
Due to the fact that many Oklahoma drivers only carry the minimum required liability limits (Oklahoma limits are 25/50/25), their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family. Normally these limits are set the same as your liability limits.
Coverage for medical payments – Coverage for medical payments and/or PIP pay for expenses for pain medications, X-ray expenses, chiropractic care and nursing services. They can be used in conjunction with a health insurance policy or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage
Comprehensive coverages – Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against things like rock chips in glass, fire damage, vandalism, theft and hitting a bird. The maximum amount a insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.
Liability insurance – Liability insurance will cover damages or injuries you inflict on other people or property by causing an accident. Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged property. Alternatively, you may have a combined limit which limits claims to one amount and claims can be made without the split limit restrictions.
Liability coverage pays for claims like attorney fees, repair costs for stationary objects, loss of income and medical expenses. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford. Oklahoma requires minimum liability limits of 25/50/25 but you should consider buying more coverage.
The illustration below demonstrates why buying low liability limits may not be high enough to cover claims.
Collision coverage – This coverage will pay to fix damage to your Freestar caused by collision with another car or object. You will need to pay your deductible then your collision coverage will kick in.
Collision coverage pays for things like scraping a guard rail, sustaining damage from a pot hole and crashing into a building. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. Another option is to choose a higher deductible on your Freestar to get cheaper collision coverage.
Quote often and quote early
Low-cost Ford Freestar insurance in Oklahoma City can be bought both online in addition to local insurance agencies, so get free Oklahoma City auto insurance quotes from both of them to have the best rate selection. Some insurance providers may not offer rates over the internet and most of the time these small, regional companies provide coverage only through independent insurance agents.
As you go through the steps to switch your coverage, make sure you don’t buy poor coverage just to save money. In many cases, an accident victim reduced uninsured motorist or liability limits and found out when filing a claim that the small savings ended up costing them much more. Your strategy should be to purchase plenty of coverage for the lowest price, not the least amount of coverage.
Insureds who switch companies do it for a number of reasons such as policy cancellation, an unsatisfactory settlement offer, high prices and questionable increases in premium. It doesn’t matter why you want to switch finding the right insurance provider is easier than you think.
To read more, feel free to visit the articles below:
- Think You’re a Safe Driver? (State Farm)
- Who Has Cheap Oklahoma City Auto Insurance Quotes for a Toyota Tundra? (FAQ)
- Who Has Affordable Auto Insurance Rates for Business Use in Oklahoma City? (FAQ)
- Who Has Cheap Oklahoma City Car Insurance Rates for Postal Workers? (FAQ)
- Five Tips to Save on Auto Insurance (Insurance Information Institute)
- Teen Driving Statistics (iihs.org)
- Parking Tips to Reduce Door Dings (State Farm)