Affordable Insurance for a Toyota Tacoma in Oklahoma City

To save the most money, the best way to get discount auto insurance rates in Oklahoma City is to start comparing prices regularly from companies in Oklahoma. Prices can be compared by following these guidelines.

A key point to remember is to use the same coverage limits and deductibles on every quote and and to compare as many carriers as you can. Doing this provides an accurate price comparison and the best price selection.

Insurance quote for Toyota Tacoma in Oklahoma CitySurprisingly, a recent survey revealed that 70% of consumers have remained with the same auto insurance company for at least four years, and almost half have never compared rate quotes at all. Consumers in Oklahoma can save almost 35% each year just by comparing rates, but most just don’t grasp the rate savings if they bought a different policy.

The quickest method to compare policy rates for Toyota Tacoma insurance in Oklahoma City is to know the fact almost all companies actually pay money for the chance to give rate comparisons. The one thing you need to do is spend a couple of minutes providing details such as distance driven, your general credit rating, how much coverage you want, and driver ages. That rating data gets sent immediately to insurance carriers in your area and you will receive price estimates instantly.

To compare affordable Toyota Tacoma insurance rates now, click here and enter your zip code.

The companies in the list below are ready to provide comparison quotes in Oklahoma City, OK. If more than one company is shown, we recommend you compare several of them to get the lowest price.

Lower your car insurance rates with discounts

Car insurance companies don’t always list every discount they offer in an easy-to-find place, so the below list has a few of the more common and the more hidden discounts you could be receiving when you buy Oklahoma City auto insurance online.Discount car insurance

A little note about advertised discounts, most discounts do not apply to all coverage premiums. Most only apply to specific coverage prices like physical damage coverage or medical payments. So even though they make it sound like you could get a free car insurance policy, company stockholders wouldn’t be very happy.

The information below shows the comparison of Toyota Tacoma insurance prices with and without discounts applied. The costs are based on a male driver, no claims or violations, Oklahoma state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, multi-car, marriage, claim-free, safe-driver, and homeowner discounts applied.

To view providers who offer online Toyota Tacoma insurance quotes in Oklahoma City, click here to view.

Toyota Tacoma insurance rate analysis

The data table below covers detailed analysis of insurance rates for Toyota Tacoma models. Learning more about how insurance policy premiums are figured can help customers make decisions when shopping around.

Toyota Tacoma Insurance Rates in Oklahoma City, OK
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Tacoma 2WD $144 $304 $422 $24 $126 $1,020 $85
Tacoma 4WD $164 $250 $422 $24 $126 $986 $82
Tacoma Double Cab 4WD $164 $304 $422 $24 $126 $1,040 $87
Tacoma X-Runner 2WD $164 $360 $422 $24 $126 $1,096 $91
Tacoma Double Cab 4WD $186 $304 $422 $24 $126 $1,062 $89
Tacoma Double Cab TRD Off-Road Package 4WD $186 $304 $422 $24 $126 $1,062 $89
Tacoma Double Cab TRD Sport Package 4WD $186 $304 $422 $24 $126 $1,062 $89
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Cost estimates assume married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Oklahoma minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, safe-driver, and multi-vehicle. Rates do not factor in specific location information which can lower or raise coverage prices greatly.

Higher deductibles save money

One of the more difficult decisions when buying insurance is how high should your deductibles be. The comparison tables below may aid in understanding how much more rates are between high and low deductibles. The first set of prices uses a $100 deductible for comp and collision and the second price grid uses a $500 deductible.

Toyota Tacoma insurance with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Tacoma 2WD $336 $698 $448 $26 $134 $1,667 $139
Tacoma 4WD $386 $572 $448 $26 $134 $1,591 $133
Tacoma Double Cab 4WD $386 $698 $448 $26 $134 $1,717 $143
Tacoma X-Runner 2WD $386 $822 $448 $26 $134 $1,841 $153
Tacoma Double Cab 4WD $436 $698 $448 $26 $134 $1,767 $147
Tacoma Double Cab TRD Off-Road Package 4WD $436 $698 $448 $26 $134 $1,767 $147
Tacoma Double Cab TRD Sport Package 4WD $436 $698 $448 $26 $134 $1,767 $147
Get Your Own Custom Quote Go

Toyota Tacoma insurance with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Tacoma 2WD $246 $472 $448 $26 $134 $1,326 $111
Tacoma 4WD $282 $388 $448 $26 $134 $1,278 $107
Tacoma Double Cab 4WD $282 $472 $448 $26 $134 $1,362 $114
Tacoma X-Runner 2WD $282 $554 $448 $26 $134 $1,444 $120
Tacoma Double Cab 4WD $318 $472 $448 $26 $134 $1,398 $117
Tacoma Double Cab TRD Off-Road Package 4WD $318 $472 $448 $26 $134 $1,398 $117
Tacoma Double Cab TRD Sport Package 4WD $318 $472 $448 $26 $134 $1,398 $117
Get Your Own Custom Quote Go

Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Oklahoma minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, claim-free, and multi-policy. Table data does not factor in specific location information which can raise or lower insurance rates substantially.

We can estimate from the data above that using a $100 deductible will cost you approximately $29 more each month or $348 annually than quoting the higher $500 deductible. Since the policyholder would be required to pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you tend to average at least 14 months between claims, you would most likely save money if you choose the higher deductible. The table below shows the way you can perform this determination yourself.

Average monthly premium for $100 deductibles: $144
Average monthly premium for $500 deductibles (subtract): – $115
Monthly savings from raising deductible: $29
Difference between deductibles ($500 – $100): $400
Divide difference by monthly savings: $400 / $29
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 14 months

The information below demonstrates how deductibles and can influence Toyota Tacoma insurance premiums for each age group. The premiums are based on a single male driver, full physical damage coverage, and no additional discounts are factored in.

Driving violations and accidents

The diagram below highlights how traffic violations and at-fault fender-benders raise Toyota Tacoma insurance prices for different age groups. Data assumes a married male driver, comprehensive and collision coverage, $1,000 deductibles, and no other discounts are factored in.

Full coverage or liability only

The example below illustrates the difference between Toyota Tacoma insurance prices with and without full coverage. The premiums are based on no violations or claims, $250 deductibles, drivers are single, and no discounts are applied to the premium.

When to drop comprehensive and collision coverage

There is no definitive formula to stop paying for full coverage on your policy, but there is a general school of thought. If the annual cost of having full coverage is more than around 10% of the settlement you would receive from your company, then you may want to consider only buying liability coverage.

For example, let’s pretend your Toyota Tacoma book value is $3,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most your company will settle for is $2,000 after you pay the deductible. If you are paying more than $200 annually for comprehensive and collision coverage, then you might consider buying liability only.

There are some cases where removing full coverage is not advised. If you haven’t paid off your loan, you have to maintain full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle in the even your car is totaled, you should not buy liability only.

Why You Might Pay Inflated Rates in Oklahoma City

Multiple criteria are considered when you quote your car insurance policy. A few of the factors are predictable such as traffic violations, but some are not as apparent such as your marital status or your financial responsibility. An important part of buying insurance is that you know some of the things that aid in calculating your policy premiums. When consumers understand what influences your rates, this enables informed choices that can help you get cheaper rates.

Costs can change based on your address – Being located in less populated areas is a good thing when talking about auto insurance. People in densely populated areas regularly have more auto accidents and longer commutes to work. Fewer drivers and short commutes means a lower chance of having an accident.

Does car insurance cost less for women? – Statistics have proven that women are safer drivers than men. That doesn’t necessarily mean that women are better drivers. Men and women tend to get into fender benders in similar percentages, but the male of the species cause more damage and cost insurance companies more money. Men also tend to have more aggressive citations such as reckless driving. Male drivers age 16 to 19 are most likely to cause an accident and therefore pay the highest rates.

The diagram below illustrates the difference between Toyota Tacoma annual premium costs for male and female drivers. The data assumes no driving violations, no at-fault accidents, full coverage, $500 deductibles, single status, and no discounts are applied to the premium.

Don’t skimp on liability coverage – The liability coverage on your policy will afford coverage when you are ruled to be at fault for causing personal injury or damage in an accident. This coverage provides legal defense coverage which can cost a lot. This coverage is very inexpensive when compared to the cost of physical damage coverage, so drivers should buy more than the minimum limits required by law.

Age of drivers impacts costs – Teenage drivers in Oklahoma are statistically shown to be more careless with other occupants in the car so they pay higher auto insurance rates. Older people tend to be more responsible, cost insurance companies less in claims, and usually have better credit.

The chart below assumes a single driver, full coverage with $250 deductibles, and no discounts or violations.

Too many policy claims drive up rates – Auto insurance companies in Oklahoma give most affordable rates to people who are claim-free. If you are a frequent claim filer, you can expect either higher rates or even cancellation. Your car insurance is designed for major claims that would cause financial hardship.

How do annual miles impact rates? – The more miles you rack up on your Toyota in a year the more you’ll pay to insure it. Many insurance companies apply a rate based upon how the vehicle is primarily used. Cars and trucks that sit idle most of the time receive lower rates than those used for commuting. Double check that your auto insurance coverage states annual mileage, because improper ratings can cost you money. A policy that improperly rates your Tacoma is just wasting money.

Insurance losses for a Toyota Tacoma – Insurance companies take into consideration insurance loss statistics for every vehicle to calculate a price that will offset any claims. Vehicles that historically have higher frequency or amount of claims will cost more for coverage.

The table below shows the collected loss data for Toyota Tacoma vehicles. For each policy coverage type, the claim amount for all vehicles, regardless of manufacturer or model, equals 100. Numbers below 100 suggest a positive loss record, while percentages above 100 show a trend for more claims or an increased chance of a larger loss.

Toyota Tacoma Insurance Claim Statistics
Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Toyota Tacoma Double Cab 2WD 79 109 70 77 76 92
Toyota Tacoma Double Cab 4WD 82 104 84 64 56 77
Toyota Tacoma Double Cab LWB 2WD 87 108 74 96
Toyota Tacoma Double Cab LWB 4WD 84 104 88 68 57 79
Toyota Tacoma Xtra Cab 2WD 80 105 60 86 75 96
Toyota Tacoma Xtra Cab 4WD 71 90 77 48 51 65

Empty fields indicate not enough data collected
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Neighborhood insurance agents

Certain consumers still like to talk to a local agent. Most agents can point out coverage gaps and help you file claims. A good thing about price shopping on the web is you can get the best rates but also keep your business local. And supporting small agencies is still important in Oklahoma City.

Insurance agency in Oklahoma CityOnce you complete this quick form, your coverage information is submitted to local insurance agents in Oklahoma City who will gladly provide quotes for your insurance coverage. It’s much easier because you don’t need to contact any insurance agencies since rate quotes are delivered instantly to you. If you want to quote rates from a specific company, you can always go to their quote page to submit a rate quote request.

Shown below are agents in Oklahoma City that are able to give price quote information for Toyota Tacoma insurance in Oklahoma City.

6401 NW Expressway # 100BOklahoma City, OK 73132(405) 384-1518View Map

4717 S Western AveOklahoma City, OK 73109(405) 631-5575View Map

9026 SE 29th StOklahoma City, OK 73150(405) 600-6400View Map

4625 N May AveOklahoma City, OK 73112(405) 943-8373View Map

More insurance agents

Choosing the best insurer needs to be determined by more than just the premium amount. These are some valid questions you should ask.

One last note

Budget-conscious Toyota Tacoma insurance is attainable online and also from your neighborhood Oklahoma City agents, and you need to comparison shop both to have the best selection. Some insurance companies do not provide online price quotes and these small insurance companies only sell coverage through independent agencies.

When getting Oklahoma City auto insurance quotes online, do not skimp on coverage in order to save money. In too many instances, drivers have reduced liability limits or collision coverage only to find out that it was a big mistake. The aim is to purchase a proper amount of coverage at the best cost, but don’t skip important coverages to save money.

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