If you live in Oklahoma, you may wonder how much car insurance you need. The good news is that there are several factors that determine your car insurance premiums. Some of these are age, location, credit history, and driving record. You can use the ValChoice car insurance calculator to estimate your premium. It analyzes the value of insurance, claims handling, and overall service provided by insurance companies.

Car insurance in Oklahoma is affordable. However, you have to understand that low prices often come with high risks. Drivers with a spotty record, for example, will pay more for auto insurance than average drivers. Also, younger drivers are more likely to be involved in an accident than older drivers. These young drivers are considered “high risk” because they are less experienced and more likely to overspeed.

In addition, insurance companies charge higher rates for young drivers and senior drivers. Because of this, it is important to evaluate your needs. To find the best policy, you should compare quotes from multiple insurers. There are also some insurance companies that offer lower limits for risky drivers.

You should check the state minimum requirements for your state. For example, in Oklahoma, you must have bodily injury liability coverage. This type of insurance covers the damage you cause to other people. Alternatively, you can get additional coverage such as collision and comprehensive insurance.

Getting a full coverage car insurance quote is a smart way to ensure that you will be protected in the event of an accident. Comprehensive insurance pays for damage to your car and injuries you cause to others. Collision insurance will cover your vehicle if it is damaged by an act of God.

Depending on the model of your car, you will pay different premiums. Luxury vehicles, for example, typically have higher premiums. SUVs and compact cars tend to have the lowest premiums. Aside from that, your gender and location also play a factor. Most experts recommend that you shop around.

Car insurance premiums in Oklahoma also vary based on the driver’s age and the amount of coverage you choose. Adding a teen driver to your insurance can add up to 2.9x to your premium. Similarly, if you have a DUI conviction, your insurance premium will increase by 44%.

Finally, your credit score plays a significant role in your car insurance premiums. Having a bad credit history can make it hard for you to get an auto insurance policy on the voluntary market. On the other hand, having a clean driving record can lower your car insurance premium.

When it comes to finding cheap car insurance in Oklahoma, your best bet is to shop around. Compare multiple quotes from insurance companies that specialize in Oklahoma. Those companies that provide competitive rates usually have special rating algorithms that are designed to reduce costs.

Using the ValChoice car insurance calculator can help you understand the cost of comprehensive and collision coverage. Then, you can decide whether you need more or less coverage.