Want the best cheap car insurance Oklahoma drivers can enjoy?
Typically ranked about #22 for highest annual car insurance premiums, Oklahoma is just on the wrong side of average in policy costs. For cheap auto insurance Oklahoma motorists should spend extra time comparing their options. The best deal for you is out there!
As recently as 2016, reports showed Oklahoma could be the third most expensive state for auto insurance. Things are trending in the right direction, but you’ll need to look carefully to find cheap car insurance Oklahoma law permits.
Let’s take a look at the most common questions about Oklahoma car insurance and how you can save money.
How Much Car Insurance Do You Need in Oklahoma?
Oklahoma drivers are required to hold the following insurance:
- Bodily Injury: $25,000 per individual, $50,000 per covered traffic incident
- Property Damage: A $25,000 flat coverage amount
Auto insurance companies are also required to offer you Uninsured Motorist Bodily Injury coverage in the amount of $25,000 per individual and $50,000 per covered traffic incident. However, Oklahoma allows for drivers to waive this coverage. Waivers must generally be submitted in writing to your insurer.
Like most states, Oklahoma is a “fault” auto insurance state.
This means that when an auto accident happens, it’s important to have a determination of fact and decide who was responsible. Liabilities arising from the accident are paid for by the insurance of the driver who is found at fault. At-fault drivers must hold additional coverage in order to have their own accident expenses covered.
The Oklahoma Insurance Department advises that minimum auto insurance coverage is not always enough to pay for all the costs that arise from an accident. If you save money by holding basic auto insurance in Oklahoma, be extra careful to avoid situations where an accident is likely!
Why is Car Insurance So Expensive in Oklahoma?
Car insurance in Oklahoma is far from being the most expensive. Still there is one big consideration that makes it more costly than it would be otherwise: The weather.
Oklahoma’s location in “Tornado Alley” means that accidents and insurance claims are higher than average for several months out of the year. Tornadoes can cause tremendous damage and lead to huge claims. To cover a vehicle against weather damage, however, you generally need Comprehensive Coverage.
About 11% of Oklahoma drivers are estimated to be uninsured, further increasing rates for everyone.
Oklahoma is more expensive than average when it comes to full auto insurance coverage. That said, it is actually less expensive than the average state if you only hold the minimum insurance required by law.
Insurance costs in Oklahoma have gone down sharply in recent years. And even though they are increasing again, they often go up by only a few dollars each year. Don’t count out the benefits of cheap car insurance Oklahoma drivers are taking advantage of.
How Can You Save Money on Car Insurance in Oklahoma?
The best way to save money on Oklahoma car insurance is to start with a great deal. That means checking out offers from multiple insurers to uncover the cheap car insurance Oklahoma motorists are using to pay less.
As in most states, Oklahoma insurers are allowed to use factors like location in pricing your insurance. If you move to a less densely populated area with fewer claims or better weather, you may be able to spend money.
To provide cheap auto insurance Oklahoma insurers have lots of leeway to offer discounts.
You’re more likely to get a discount if:
- You have a long history of safe driving with no accidents or traffic citations
- You took and passed a defensive driving course within the last three years
- You maintain your vehicle and have installed modern safety features in it
- You hold multiple policies with the same firm that insures your vehicle
As long as you don’t let your insurance lapse, you are free to change your Oklahoma car insurance provider virtually whenever you wish. Check out the latest deals at least once a year to receive the best price possible.
What Happens if You Don’t Have Car Insurance in Oklahoma?
If you are caught driving without insurance in Oklahoma, authorities are empowered to grant you a grace period of ten days. This can be offered in lieu of towing your vehicle at an officer’s discretion. You will still need to pay about $400 in fines and get new insurance to drive. If you fail to do so, you may be charged with a misdemeanor, serve up to 30 days in jail, and lose the ability to drive for a year.
Avoid the hassle by using Cheap Insurance to find the best deals on car insurance in Oklahoma. It’s never been easier to compare Oklahoma car insurance. Have other questions? Contact us today.
Who has the cheapest car insurance in Oklahoma?
Car insurance can be pricey in the more densely populated Oklahoma communities and those at risk of severe weather. In general, drivers in their 30s and 40s with a clean driving record have the easiest time finding cheap car insurance Oklahoma law recognizes.
There are many Oklahoma car insurance companies, from brands known nationwide to those only operating in the Sooner State. To uncover cheap auto insurance Oklahoma drivers use to save, the best strategy is to compare many potential providers.
You should also request a discount if you install new car safety features or complete a defensive driving course.
How much is car insurance per month in Oklahoma?
The cost of car insurance per month in Oklahoma depends in large part on whether you go for basic or full insurance coverage.
Once among the most expensive states for car insurance, Oklahoma saw a sharp downturn in costs a few years back. Basic car insurance coverage may cost as little as $37 a month. Full car insurance costs around $150 a month.
In the search for cheap car insurance Oklahoma drivers can expect to pay around $122 on average. With a little online research, the cheap auto insurance Oklahoma motorists prefer can save you hundreds of dollars each year.
What is the average cost of auto insurance in Oklahoma?
The average cost of auto insurance in Oklahoma fell sharply a few years ago, making the cheap car insurance Oklahoma motorists prefer more common. These days, prices are slowly going up again – anywhere from a few dollars to about $50 each year.
The average car insurance policyholder in Oklahoma can expect to pay $122 a month, for a total just under $1,500 yearly. Cheap auto insurance Oklahoma honors may cover only the basics, reducing average premiums to as little as $37 or so each month. The cheapest car insurance in Oklahoma is still less expensive than the national average.
What is the minimum car insurance required in Oklahoma?
When you are looking for the cheap car insurance Oklahoma allows, make sure your new policy adheres to the state’s minimum car insurance standards. That includes a provision for $25,000 per individual and $50,000 per covered traffic incident in Bodily Injury as well as a flat $25,000 in Property Damage Liability.
Auto insurance companies in Oklahoma are required to offer their customers a standard level of Uninsured and Underinsured Motorist protection covering bodily injury. For the best price on cheap auto insurance Oklahoma drivers are permitted to refuse this coverage, but you may be asked to do so in writing.