Vehicle owners that are new to comparing insurance coverage rates on the internet will find locating the cheapest Subaru Tribeca insurance in Oklahoma City can be quite challenging.
Smart shoppers know that car insurance companies don’t want policyholders to shop around. People who shop around at least once a year will probably buy a new policy because the odds are good of finding a more affordable policy premium. A recent survey revealed that people who made a habit of comparing rates saved as much as $3,500 over four years compared to people who never shopped around for better prices.
If finding the best rates on insurance is your goal, understanding how to compare insurance premiums can make shopping around easier.
It’s a good habit to do price comparisons yearly because auto insurance prices are adjusted regularly by insurance companies. Even if you got the lowest quotes on Subaru Tribeca insurance in Oklahoma City a couple years back other companies may now be cheaper. You can search a lot of Tribeca insurance online but I’m going to show you some good information on how to reduce your auto insurance bill.
When shopping for affordable Subaru Tribeca insurance quotes, there are a couple of ways to obtain and compare prices from different companies. The easiest way by far to find competitive Subaru Tribeca insurance rates is to use the internet to compare rates.
When comparing auto insurance rates, know that making a lot of price comparisons helps improve the odds of finding a better price.
The companies shown below can provide comparison quotes in Oklahoma. If the list has multiple companies, we suggest you compare several of them in order to find the lowest rates.
Insurance coverage details
The coverage information shown next outlines a range of policy rates for Subaru Tribeca models. Learning a little about how insurance prices are figured is important to be able to make informed decisions when comparing rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Tribeca 3.6R Limited||$188||$368||$430||$26||$128||$1,140||$95|
|Tribeca 3.6R Premium||$188||$368||$430||$26||$128||$1,140||$95|
|Tribeca 3.6R Touring||$210||$368||$430||$26||$128||$1,162||$97|
|Get Your Own Custom Quote Go|
Above prices assume married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Oklahoma minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, homeowner, and multi-policy. Estimates do not factor in specific Oklahoma City garaging location which can modify auto insurance rates considerably.
The diagram below demonstrates how deductible levels and can influence Subaru Tribeca insurance costs for different age groups. The prices are based on a single male driver, full physical damage coverage, and no discounts are applied.
Full coverage rates compared to liability-only
The example below illustrates the comparison of Subaru Tribeca insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in Oklahoma. Data assumes no claims or violations, $100 deductibles, single marital status, and no discounts are applied.
Guidelines for eliminating full coverage
There is no clear-cut rule to stop paying for physical damage coverage on your policy, but there is a guideline you can use. If the annual cost of comprehensive and collision coverage is more than about 10% of the settlement you would receive from your company, then it’s probably a good time to buy liability coverage only.
For example, let’s assume your Subaru Tribeca replacement value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most you would receive is $6,000 after paying the physical damage deductible. If you are paying more than $600 a year for physical damage coverage, then it may be the right time to buy liability only.
There are some scenarios where eliminating full coverage is not a good plan. If you still have a loan on your vehicle, you have to maintain full coverage to protect the lienholder’s interest in the vehicle. Also, if you can’t afford to buy a different vehicle if your current one is damaged, you should not eliminate full coverage.
Auto insurance does more than just repair your car
Despite the high cost of buying insurance for a Subaru Tribeca in Oklahoma City, buying auto insurance is required in Oklahoma but also provides important benefits.
First, almost all states have compulsory liability insurance requirements which means you are required to carry a minimum amount of liability insurance coverage in order to drive the car 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 bought your Subaru Tribeca with a loan, almost all lenders will require that you have comprehensive coverage to guarantee loan repayment. If coverage lapses or is canceled, the lender will be forced to insure your Subaru at an extremely high rate and force you to pay the higher price.
Third, insurance safeguards not only your Subaru but also your assets. It will also cover medical bills for you, your passengers, and anyone else injured in an accident. As part of your policy, liability insurance will also pay for a defense attorney if you cause an accident and are sued. If you receive damage to your vehicle caused by a storm or accident, comprehensive (other-than-collision) and collision coverage will pay all costs to repair after the deductible has been paid.
The benefits of insuring your car more than offset the price you pay, particularly if you ever have a claim. But the average American driver is overpaying more than $830 a year so it’s recommended you shop around at every policy renewal to save money.
Cheaper Subaru Tribeca insurance in Oklahoma City
Some insurers don’t necessarily list all possible discounts very clearly, so the next list breaks down both the well known and the more hidden discounts that you can inquire about if you buy Oklahoma City auto insurance online.
- Service Members Pay Less – Having a deployed family member could trigger a small discount.
- Anti-lock Brakes – Cars and trucks that have steering control and anti-lock brakes prevent accidents and therefore earn up to a 10% discount.
- College Student Discount – Kids who attend college more than 100 miles from Oklahoma City and do not take a car to college could qualify for this discount.
- New Vehicle Savings – Buying a new car instead of a used Tribeca may earn a small discount due to better safety requirements for newer vehicles.
- Discount for Life Insurance – Larger insurance carriers have lower premium rates if you buy some life insurance in addition to your auto policy.
- Discount for Low Mileage – Low mileage vehicles could qualify for slightly better rates than normal.
- Multi-policy Discount – If you combine your auto and homeowners policies with one insurance company they may give you a discount of as much as 10 to 15 percent.
- Claim Free – Insureds with no claims or accidents pay less as opposed to accident-prone drivers.
- Data Collection Discounts – Insureds who allow their company to monitor vehicle usage by using a telematic data system such as Allstate’s Drivewise and State Farm’s In-Drive system could see a rate decrease if their driving habits are good.
As is typical with insurance, some of the credits will not apply to the entire policy premium. Most only cut the price of certain insurance coverages like medical payments or collision. Even though the math looks like you can get free auto insurance, nobody gets a free ride. Any amount of discount will definitely lower your premiums.
The diagram below illustrates the difference between Subaru Tribeca insurance prices with and without discounts applied to the policy premium. The rate quotes are based on a male driver, no driving violations, no at-fault accidents, Oklahoma state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-car, marriage, safe-driver, homeowner, and multi-policy discounts applied.
Some of the insurance companies who may offer some of the discounts shown above are:
If you want cheaper Oklahoma City auto insurance quotes, ask every company which discounts they offer. Some credits may not be available in your area. If you would like to view insurers with discount rates in Oklahoma, click this link.
Your situation helps dictate your coverage
When selecting your policy for your personal vehicles, there really is not a cookie cutter policy. Each situation is unique.
Here are some questions about coverages that might help in determining if your insurance needs may require specific advice.
- Do they offer discounts for home and auto coverage?
- What does medical payments coverage do?
- What is motorclub and do I need it?
- Am I covered when pulling a rental trailer?
- Will damage be repaired with OEM parts?
- When should I buy a commercial auto policy?
- Is there coverage for injuries to my pets?
- Does coverage extend to Mexico or Canada?
If you can’t answer these questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form.
Are insurance agencies used anymore?
A small number of people still like to go talk to an agent and that is a personal choice. The biggest benefit of getting free rate quotes online is that you can obtain lower rates and also buy local. Putting coverage with neighborhood agents is still important in Oklahoma City.
To make it easy to find an agent, after completing this short form, your insurance data is transmitted to insurance agents in Oklahoma City who will give competitive quotes for your business. There is no reason to find an agent due to the fact that quote results will go to you. You can most likely find cheaper rates and work with a local agent. If you need to compare rates from a specific company, just navigate to their website to submit a rate quote request.
When searching for local Oklahoma City agents, it’s helpful to know the types of agencies and how they differ in how they quote coverages. Oklahoma City agents can be classified as either exclusive or independent agents depending on their company appointments.
Independent agents can sell policies from many different companies and that gives them the ability to insure through many companies and get the cheapest rates. If they find a cheaper price, they simply move the coverage in-house and you don’t have to switch agencies.
When comparing rates, you definitely need to include independent agents to have the most options to choose from. Most also have access to additional companies that you may not be familiar with that may have much lower rates than larger companies.
Below is a partial list of independent agents in Oklahoma City who can help you get competitive price quotes.
- Scott Godwin Insurance Agency – OKC Insurance
9026 SE 29th St – Oklahoma City, OK 73150 – (405) 600-6400 – View Map
- Anderson Insurance
10325 Greenbriar Pl – Oklahoma City, OK 73159 – (405) 794-9500 – View Map
- Econo-Wise Insurance Agency, Inc.
2705 SW 29th St – Oklahoma City, OK 73119 – (405) 682-6699 – View Map
Agents of this type are contracted to one company and examples are State Farm, AAA, and Liberty Mutual. Exclusive agents are unable to give you multiple price quotes so if the price isn’t competitive there isn’t much they can do. Exclusive agencies are usually quite knowledgeable on sales techniques which can be an advantage. Some consumers prefer to buy from the same agent for years primarily because of high brand loyalty rather than having low rates.
Shown below are exclusive insurance agencies in Oklahoma City that are able to give price quotes.
- Jim Hoffhines – State Farm Insurance Agent
3838 NW 36th St #160 – Oklahoma City, OK 73112 – (405) 948-8881 – View Map
- Allstate Insurance: Ciani Portillo
3200 S Western Ave – Oklahoma City, OK 73109 – (405) 635-1212 – View Map
- Ken Whitt – State Farm Insurance Agent
4430 N W 50th M – Oklahoma City, OK 73112 – (405) 947-2812 – View Map
Choosing a insurance agent should depend on more than just the quoted price. Some important questions to ask are:
- How often do they review coverages?
- How will an accident affect your rates?
- Can you contact them at any time?
- Do they reduce claim amounts on high mileage vehicles?
- Do they carry Errors and Omissions coverage?
- How many companies do they write for?
- In the event of vehicle damage, can you pick the collision repair facility?
After talking to the agent and getting good responses and an affordable coverage quote, chances are good that you have found an insurance agency that is reliable enough to properly insure your vehicles.
Auto insurance coverage considerations
Knowing the specifics of your policy can help you determine the right coverages at the best deductibles and correct limits. Auto insurance terms can be ambiguous and even agents have difficulty translating policy wording.
Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage provides protection when other motorists are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and also any damage incurred to your Subaru Tribeca.
Since many Oklahoma drivers only purchase the least amount of liability that is required (25/50/25 in Oklahoma), their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.
Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for things like ambulance fees, nursing services, dental work, prosthetic devices and X-ray expenses. They are often used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage
Comprehensive insurance – This coverage pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.
Comprehensive coverage protects against things like theft, fire damage and rock chips in glass. The highest amount your auto insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.
Liability coverages – This will cover injuries or damage you cause to people or other property in an accident. This insurance protects YOU from claims by other people, and doesn’t cover your injuries or vehicle damage.
Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 25/50/25 that means you have $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property. Occasionally you may see a combined limit that pays claims from the same limit rather than limiting it on a per person basis.
Liability coverage protects against claims such as attorney fees, medical expenses, repair bills for other people’s vehicles, medical services and court costs. How much coverage you buy is your choice, but you should buy as high a limit as you can afford. Oklahoma state law requires minimum liability limits of 25/50/25 but you should consider buying more liability than the minimum.
The next chart shows why buying the state minimum limits may not be adequate coverage.
Collision – This pays for damage to your Tribeca resulting from a collision with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.
Collision insurance covers things such as colliding with a tree, hitting a mailbox, crashing into a building and hitting a parking meter. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. It’s also possible to bump up the deductible on your Tribeca to get cheaper collision coverage.
Quote. Compare. Save.
Cheap Subaru Tribeca insurance in Oklahoma City is attainable from both online companies and from local agencies, so you need to shop Oklahoma City auto insurance with both in order to have the best chance of saving money. Some companies don’t offer rates over the internet and these regional insurance providers sell through independent insurance agencies.
As you go through the steps to switch your coverage, you should never buy lower coverage limits just to save a few bucks. There are many occasions where consumers will sacrifice collision coverage only to regret they didn’t have enough coverage. Your focus should be to buy a smart amount of coverage at the best possible price but still have enough coverage for asset protection.
Consumers leave their current company for a variety of reasons including policy cancellation, an unsatisfactory settlement offer, high prices or questionable increases in premium. It doesn’t matter why you want to switch switching auto insurance companies is pretty easy and you might even save some money in the process.
Steps to finding affordable Subaru Tribeca insurance in Oklahoma City
If saving money is your primary concern, then the best way to find more affordable Subaru Tribeca insurance in Oklahoma City is to begin comparing prices regularly from insurers that sell auto insurance in Oklahoma. You can compare rates by following these steps.
First, gain an understanding of how auto insurance works and the steps you can take to drop your rates. Many policy risk factors that are responsible for high rates like high-risk driving behaviors and a less-than-favorable credit score can be rectified by making lifestyle changes or driving safer.
Second, request price quotes from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can only give prices from one company like GEICO or Allstate, while agents who are independent can provide prices for a wide range of insurance providers.
Third, compare the new rate quotes to the premium of your current policy to see if a cheaper price is available in Oklahoma City. If you find a better price and make a switch, verify that coverage does not lapse between policies.
Fourth, provide proper notification to your current company of your intention to cancel your current coverage. Submit a down payment along with a signed application to your new insurance company. As soon as you can, place the new certificate verifying coverage with your vehicle’s registration.
A tip to remember is to use the same coverage limits and deductibles on each price quote and and to get price estimates from as many auto insurance providers as possible. Doing this ensures an apples-to-apples comparison and the best price selection.
More information can be read on the following sites:
- Should I Purchase an Umbrella Liability Policy? (Insurance Information Institute)
- Who Has Affordable Auto Insurance Rates for a 20 Year Old Male in Oklahoma City? (FAQ)
- Who Has Cheap Oklahoma City Car Insurance Rates for Postal Workers? (FAQ)
- How Much are Car Insurance Rates for a Learners Permit in Oklahoma City? (FAQ)
- Understanding Limits and Deductibles (Allstate)
- Insurance Losses by Make and Model (iihs.org)
- Help Your Teen Be a Better Driver (State Farm)
- How Can I Save Money on Auto Insurance? (Insurance Information Institute)