Do you want to save money by buying more affordable auto insurance rates in Oklahoma City, OK? Oklahoma City drivers have lots of choices when trying to find affordable Pontiac Grand Prix insurance. You can either waste hours driving around trying to get quotes or save time using the internet to find the lowest rates.
There are more efficient ways to find auto insurance online and you need to know the absolute fastest way to price shop coverage for your Pontiac and locate the cheapest rates from both online companies and Oklahoma City agents.
Consumers should take time to quote other rates as often as possible because prices are usually higher with each renewal. Just because you found the best rates on Pontiac Grand Prix insurance in Oklahoma City a couple years back other companies may now be cheaper. Forget all the misinformation about auto insurance because you’re about to find out the fastest way to save money, get proper deductibles and limits, all at the lowest rate.
Our objective in writing this article is to introduce you to how to compare rates easily and how to save the most money. If you have a policy now, you will definitely be able to cut your premiums using these techniques. Drivers just need to use the tricks to shop their coverage around on the web.
Most larger insurance companies like Progressive, GEICO, Allstate and State Farm provide coverage prices online. Doing online quotes for Pontiac Grand Prix insurance in Oklahoma City is quite simple as you simply type in the coverage amounts you desire into the form. Behind the scenes, their quoting system pulls information on your driving record and credit history and quotes a price based on the information you submitted.
This helps simplify price comparisons, and it’s also necessary to get many rate quotes if you want to find the best rate possible.
To find out if lower rates are available, compare rates now from the companies shown below. If you have a policy now, it’s recommended that you enter the limits and deductibles as shown on your current policy. This way, you will have a rate comparison for the exact same coverage.
The providers in the list below have been selected to offer comparison quotes in Oklahoma City, OK. If multiple providers are shown, it’s a good idea that you visit two to three different companies to get the best price comparison.
Determine discounts on Oklahoma City insurance
Some companies don’t always list every available discount very well, so below is a list both well-publicized as well as the least known discounts that you may qualify for. If you’re not getting every credit available, you could be paying more than you need to.
- Onboard Data Collection – Insureds that choose to allow driving data collection to spy on vehicle usage through the use of a telematics system like Drivewise from Allstate or In-Drive from State Farm may see discounts if they are good drivers.
- Discount for New Cars – Adding a new car to your policy can save you some money due to better safety requirements for newer models.
- Online Discount – A few insurance companies may give you up to $50 simply for signing on the web.
- Anti-lock Brake Discount – Cars with ABS braking systems or traction control have fewer accidents and earn discounts up to 10%.
- Discount for Home Ownership – Owning a home in Oklahoma City can get you a discount since owning and maintaining a home is proof that your finances are in order.
- Use Seat Belts – Forcing all vehicle occupants to buckle up before driving can save up to 15% on the medical payments or PIP coverage costs.
- Discounts for Federal Employees – Active or retired federal employment could cut as much as 10% off with certain companies.
- Driver’s Education for Students – Make teen driver coverage more affordable by requiring them to successfully complete driver’s ed class as it can save substantially.
- Good Grades Discount – Performing well in school could provide a savings of up to 20% or more. You can use this discount normally well after school through age 25.
- Sign Early and Save – A few larger companies offer discounts for signing up prior to your current Grand Prix insurance policy expiring. It can save you around 10%.
Discounts reduce rates, but you should keep in mind that some of the credits will not apply to your bottom line cost. Most only apply to specific coverage prices like liability and collision coverage. So even though they make it sound like you would end up receiving a 100% discount, it’s just not the way it works.
If you would like to view providers who offer cheap Pontiac Grand Prix insurance quotes in Oklahoma City in Oklahoma City, click here.
Car insurance is not optional
Despite the potentially high cost of Pontiac Grand Prix insurance, car insurance is a good idea for several reasons.
First, almost all states have mandatory liability insurance requirements which means you are required to carry a minimum amount of liability protection 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.
Second, if you have a loan on your Pontiac Grand Prix, almost all lenders will require that you buy insurance to guarantee loan repayment. If you cancel or allow the policy to lapse, the lender may insure your Pontiac at a more expensive rate and force you to reimburse them a much higher amount than you were paying before.
Third, car insurance preserves not only your vehicle but also your assets. Insurance will pay for medical transport and hospital expenses for yourself as well as anyone injured by you. Liability coverage, the one required by state law, will also pay to defend you if you are named as a defendant in an auto accident. If you receive damage to your vehicle caused by a storm or accident, collision and comprehensive (also known as other-than-collision) coverage will pay to restore your vehicle to like-new condition.
The benefits of carrying adequate insurance outweigh the cost, especially for larger claims. In a recent study of 1,000 drivers, the average customer is wasting up to $830 a year so you should quote your policy with other companies at every policy renewal to save money.
Independent versus exclusive insurance agents
Certain consumers still like to get advice from a local agent and often times that is recommended Agents are trained to spot inefficiencies and give you someone to call. A good thing about price shopping on the web is the fact that you can find lower rates but also keep your business local. Putting coverage with local agents is still important in Oklahoma City.
Once you complete this form (opens in new window), the coverage information is immediately sent to local insurance agents in Oklahoma City who will give you quotes for your coverage. There is no need to find an agent as quotes are delivered to you directly. If you want to quote rates from one company in particular, you just need to navigate to their website and fill out the quote form the provide.
Picking the best company requires more thought than just the price. These questions are important to ask:
- Will their companies depreciate repairs to your car based on the mileage?
- Are they actively involved in the community?
- Is coverage determined by price?
- Can you use your own choice of collision repair facility?
- Can they help ensure a fair claim settlement?
- What are the financial ratings for the companies they represent?
Car insurance specifics
Having a good grasp of a car insurance policy aids in choosing which coverages you need for your vehicles. The terms used in a policy can be difficult to understand and coverage can change by endorsement.
Comprehensive auto coverage – Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive can pay for claims like hitting a deer, damage from a tornado or hurricane and fire damage. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.
Medical payments and PIP coverage – Coverage for medical payments and/or PIP pay for short-term medical expenses for surgery, doctor visits, EMT expenses, nursing services and pain medications. They are often used to fill the gap from your health insurance policy or if there is no health insurance coverage. Coverage applies to you and your occupants in addition to any family member struck as a pedestrian. PIP coverage is only offered in select states but can be used in place of medical payments coverage
Collision – This coverage covers damage to your Grand Prix resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.
Collision can pay for things like crashing into a ditch, colliding with another moving vehicle, damaging your car on a curb, colliding with a tree and scraping a guard rail. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. Another option is to raise the deductible on your Grand Prix in order to get cheaper collision rates.
Auto liability – Liability coverage provides protection from damage that occurs to people or other property. It protects you from claims by other people, and doesn’t cover 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. You commonly see values of 25/50/25 which means $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property. Some companies may use a combined limit which combines the three limits into one amount rather than limiting it on a per person basis.
Liability can pay for things such as legal defense fees, attorney fees and repair bills for other people’s vehicles. The amount of liability coverage you purchase is your choice, but consider buying as high a limit as you can afford. Oklahoma requires drivers to carry at least 25/50/25 but it’s recommended drivers buy higher limits.
The next chart shows why buying low liability limits may not be adequate coverage.
UM/UIM (Uninsured/Underinsured Motorist) coverage – This coverage provides protection from other motorists when they are uninsured or don’t have enough coverage. It can pay for injuries to you and your family and damage to your Pontiac Grand Prix.
Due to the fact that many Oklahoma drivers only purchase the least amount of liability that is required (25/50/25), their liability coverage can quickly be exhausted. So UM/UIM coverage is very important. Usually these limits are similar to your liability insurance amounts.