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Find the cheapest Oklahoma car insurance rates by instantly comparing free quotes from the top companies. Easily shop for affordable liability or full coverage that will save you money each time you pay your premium. If you don't have coverage now, you can view policies that will quickly insure you with the lowest possible down payment.
Choose customized quotes that show you the most cost-effective deductibles and liability limits. Regardless if you own a single vehicle, or multiple cars and trucks, we handle the shopping so you get quality coverage at the cheapest rate. Sooner high-risk, standard, and preferred policies can be instantly compared by providing your zip code in our secure quote box at the top of the page. Special Senior and teenager discounts are also offered.
Oklahoma Minimum Liability Requirements
The state law requires that all vehicle owners have liability coverage. The minimum allowed limits are $25,000 per person, $50,000 per accident, and a separate $25,000 of property damage. Although uninsured motorists (UM) protection is not a legal requirement, insurers must offer this benefit, which can be accepted or rejected. typically, your UM benefits match your bodily injury limits. Higher limits of $50,000/$100,000 or $100,000/$300,000 do not substantially increase your premium.
If you own your vehicle (outright), you are not obligated to purchase collision (physical damage) or comprehensive (fire, theft, vandalism, etc...) coverage. However, if you lease or finance, undoubtedly, you will be required to protect the lien holder by including these benefits. Although various deductibles are available, there may be a maximum deductible that you can choose. Feel free to contact us to review the most cost-effective options. Most lease companies require minimum liability limits of $100,000 per person, $300,000 per occurrence, and $50,000 of property damage. GAP benefits (mentioned below) are recommended.
Additional benefits that can be added are listed below:
Medical Payments -- Covers yourself and passengers up to stated limit. Your personal healthcare coverage through an employer or privately purchased does not impact this benefit.
Uninsured Motorist -- Provides protection against other vehicles that have no coverage. Approximately 1.3 million persons in the state are uninsured, which represents approximately 13% of all licensed drivers.
Underinsured Motorist -- Provides protection against other vehicles that don't have enough coverage. And there are many minimum-limit policies issued each year, so this option is important to have.
Electronic Devices -- Designed to cover specific items not normally covered on the basic policy. $500 of coverage is generally very inexpensive.
GAP -- Pays you the difference of the value of vehicle and outstanding loan (assuming total loss). If you are financing a vehicle with no down-payment, this benefit should be considered for the first three years of a typical five-year loan.
Towing -- In case your vehicle can not be driven or needs a jump-start. Of course, AAA and sometimes selected credit cards will provide similar benefits.
Rental Reimbursement -- As a result of an accident or covered claim, substitute transportation can be provided. Often, the limit per-day is between $15 and $30, subject to a 30-45 day maximum.
Proof Of Oklahoma Liability Coverage Is Required During Traffic Stops
Proof Of Coverage
Like most states, you are required to meet the minimum liability limits (see above) and when requested, show proof that you have complied with the law. Your insurer will issue an ID card that you should carry at all times while driving. Making a duplicate copy is highly recommended.
The most common items that must be clearly shown are name and address of company, your name, and make, model, year, and VIN of the vehicle you are operating. Policy issue and anniversary dates should also be shown.
Your "Declarations Page" should always be kept at home. Since it contains specific personal and financial information, it should not be kept inside the vehicle. For example, if you have a lien, the name of the bank or finance company will be shown along with their address and your account number. Specific coverage, including policy deductibles and liability limits will also be listed, along with the current premium for the policy period. However, this form is not required to be shown during a traffic stop.
Which Carriers Have The Best Rates?
Depending on where you live, the vehicle you drive, and your age, prices can greatly vary in each zip code and county. However, the companies listed below often offer the most competitive rates for both preferred and non-standard situations. Extreme high-risk situations (DUI, DWI, license suspension, etc...) may require alternative coverage, an SR-22 Bond filing, or both).
State Farm
Farmers
Progressive
Safeco
Allstate
Liberty Mutual
American National Property & Casualty
USAA
Equity Insurance
Geico
Farmers
Shelter
CSAA
High-Risk Oklahoma Auto Insurance
Affordable Oklahoma High-Risk Car Insurance Is Available
Not everyone has a perfect driving record. For persons that have major violations (DUI, DWI, Hit And Run, Drag Racing etc...) on their MVR report, obtaining affordable coverage is often impossible. And many times, you can not find a company that will offer a policy (even state minimum limits) at any price. In these situations, there is a solution.
The "Oklahoma Auto Insurance Plan" has been in existence since 1950. AIPSO administers the program and provides broker contact information for coverage and rate comparisons. They also review the applications so they can be submitted quickly and accurately. Once approved, electronic verification can be provided. A "Plan Manual" is provided that reviews prices and coverage.
After 6-12 months of clean driving (no tickets or at-fault accidents), it is possible to obtain much lower rates from many top-rated carriers. However, if an SR-22 Bond was required, it may have to remain in effect for up to three years. Also, recent license suspensions or revocations may increase the time needed to obtain preferred rates. The may not be available until your driving record improves.
Important Note: If you are involved in an accident that is not your fault, your present carrier can not increase your premium, terminate your policy, or apply points. Section 941 of the Insurance Code prohibits this practice.
How Are Prices Determined?
Of course, not every person pays the same rate. As previously discussed, your driving record impacts your premium. However, there are several other components that impact how much you ultimately pay for your policy. The most common factors are listed below: NOTE: The must approve (or partially approve) all rate increase requests.
Age -- Ages 16-18 pay the most while generally, ages 50-65 pay the least.
Sex -- Male drivers pay more at younger ages. After age 25, typically, there is no difference.
Marital Status -- Persons under age 25 that are married pay less than single persons. However, after age 25, there is no difference with most major carriers.
Residence -- The city, county, zip code (or a combination of all three) often impacts the cost of coverage.
Vehicle -- Naturally, newer cars and trucks will cost more, although older expensive vehicles are sometimes more expensive. You can always get an estimate in advance, if you are contemplating purchasing, and would like to compare several different models.
Credit -- Excellent credit can never hurt you (sometimes it helps pricing). Bad credit may or may not impact what you pay. It depends on the carrier.
Can I Order A Copy Of My Driving Record?
Yes, you can. A "Records Request And Consent To Release Form" needs to be completed and sent to the Department of Public Safety in Oklahoma City. Some of the information you will need to provide is your name, driver's license number, and date of birth. A signature of consent is required along with a $25 fee. You can view the actual form .
Lock Your Vehicle To Help Prevent Theft
Which Vehicles Are Most Likely To Be Stolen?
Of course, locking your vehicle at all times, installing an alarm system, and parking in a well-lit or enclosed area at night will eliminate more than 50% of thefts. However, we understand that those steps are not always possible. Listed below are the make and model years of the "hottest" vehicles in the state. Interestingly, 6 of the 10 vehicles are pick-ups.
2004 Chevrolet Pickup
2006 Ford Pickup
1994 Chevrolet Pickup
1996 Honda Accord
2001 Dodge Pickup
1998 Honda Civic
1994 GMC Pickup
2004 Chevrolet Impala
2001 Ford Mustang
1994 Ford Pickup
Which Oklahoma Cities Are The Most Expensive To Insure A Car?
Once again, there are a lot of variables, and prices frequently change. However, presented below are 20 of the cities with higher-than-average premiums:
Vera
Haskell
Broken Arrow
Bethany
Prue
Mounds
Wheatland
Jennings
Preston
Calumet
Hominy
Bristow
Owasso
Sperry
Beggs
Sand Springs
Newalla
Shamrock
Nicoma Park
Kiefer
UPDATES
November 2015 -- Be careful because it's deer season. Actually, we're not referring to hunting, but rather the beginning of the time of the year when you are most likely to hit a deer on Oklahoma highways. Colder temperatures generally coincide with the start of the mating season, and more aggressive deer behavior. If you're not being extra cautious with keeping your eyes on the road, a serious accident could unexpectedly result.
More than 300 accidents involving animals were filed last year, resulting in two deaths and hundreds of injuries. Nationally, more than one million accidents are filed, causing a staggering $1 billion in damage. The most likely time to hit a deer is early in the morning and early in the evening.
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