Are you an Oklahoma resident looking to save on auto insurance? Our car insurance calculator can help. By entering in your age, gender, marital status, vehicle information and driving history, the calculator will estimate how much money can be saved based on various factors. Once you know the average rate applicable to your profile, it’s time to shop around and find the best policy within budget.
Minimum Car Insurance Requirements in Oklahoma
Every driver in the state of Oklahoma is required to carry liability insurance, which is commonly written as 25/50/25. This coverage pays for medical expenses and property damages caused by an accident you cause. Moreover, comprehensive and collision coverage are both essential if you want cover for damage done to your own car.
Your premiums are determined by a number of factors, including the level of coverage selected, marital status and credit score. Each carrier gives different weight to these elements so it’s essential that you compare rates in order to find the most advantageous deal on your policy.
The Cost of Liability Insurance in Oklahoma
Oklahoma requires drivers to carry at least $25,000 bodily injury liability per person and $50,000 bodily injury liability per incident, along with $25,000 property damage liability per incident. You can choose higher limits or add optional coverages like uninsured/underinsured motorist protection which pays for your own injuries if someone hits you without having insurance.
Unfortunately, the state’s minimums may not be enough to safeguard you and your assets in the event of an accident. That is why it is always wise to raise your limits beyond what is allowed by law.
If you don’t already, visit the Oklahoma Department of Insurance for more details on getting auto insurance. All that is necessary is photo ID, proof of coverage and your driver’s license; they can issue a temporary policy to keep you driving while searching for another provider. Be warned though – driving without coverage could result in up to $825 in fees plus suspension of your license.
Your Driver’s Record in Oklahoma
If there are any accidents or violations on your record, you can expect to pay more for car insurance. Insurance companies view these as higher risks and will charge you more as a result. Having a clean driving record is the best way to guarantee low car insurance costs.
Teens with Poor Credit
Drivers with poor credit can expect to pay more for car insurance than those with good or average scores. This is because insurers view those with poor credit as riskier and more likely to file claims, leading to higher premiums.
You can reduce your costs by taking defensive driving courses and maintaining good grades at school. Alternatively, you could go for an inexpensive high-risk insurance policy that covers theft, vandalism and other threats to your vehicle.
How to Compare Oklahoma Car Insurance Companies
Selecting the right car insurance company is essential for keeping your costs low. Make sure you do your due diligence and compare prices from at least three different providers before selecting one.