Tightwads Tips for Saving on Maud Auto Insurance

I can't think of a single person who looks forward to buying auto insurance, in particular when the cost is way too high.

Drivers have multiple to buy insurance from, and even though it's nice to be able to choose, it can be more challenging to compare rates.

The purpose of this post is to familiarize you with how to effectively get price quotes and some money-saving tips. If you are paying for car insurance now, you will be able to lower your premiums substantially using these techniques. Nevertheless, Oklahoma drivers do need to know the way companies sell insurance online and apply this information to your search.

Good Decisions Result in Lower Rates

Consumers need to have an understanding of the factors that go into determining the price you pay for auto insurance. Knowing what determines base rates enables informed choices that will entitle you to big savings.

Listed below are a few of the "ingredients" auto insurance companies consider when setting prices.

High numbers of claims are not good - Companies in Oklahoma generally give lower rates to policyholders who are claim-free. If you frequently file small claims, you can expect either higher rates or even cancellation. Insurance coverage is designed for larger claims.
High performance equals high price - The type of car you are buying insurance for makes a substantial difference in your rates. The most favorable rates are for economy passenger cars, but the cost you end up paying is determined by many additional factors.
Traffic violations increase rates - Even one moving violation can boost insurance rates twenty percent or more. Careful drivers receive lower rates than bad drivers. If you have serious violations like reckless driving, hit and run or driving under the influence may find they need to file a proof of financial responsibility form (SR-22) with their state DMV in order to continue driving.
Are you male or female? - Statistics show that women are safer drivers than men. That doesn't necessarily mean that men are worse drivers. They both cause accidents in similar percentages, but the men cause more damage. Men also statistically get more serious tickets such as DWI and reckless driving. Male drivers age 16 to 19 are several times more likely to be in an accident and are penalized with high auto insurance rates.

Auto Insurance Comparison Rates in Maud, OK

All major auto insurance companies like Progressive, Allstate and GEICO quote coverage prices on the web. Getting online rates is quite simple as you simply type in your personal and coverage information into the quote form. After the form is submitted, the company's rating system will obtain your driving record and credit report and returns a price. Being able to quote online helps simplify price comparisons, but having to visit each company's website and repetitively enter the same data into a form is repetitive and time-consuming. Unfortunately, it is important to perform this step if you are searching for a lower rate.

The preferred way to compare rates uses one simple form to obtain quotes from many companies. It's a real time-saver, requires less work, and makes quoting online a little more enjoyable. After sending your information, it is quoted and you can choose any one of the resulting price quotes.

If the quotes result in lower rates, it's easy to complete the application and purchase coverage. It takes 15 minutes at the most and can result in significant savings.

To save time and find out how much you're overpaying now, click here and enter your vehicle and coverage information. If you currently have coverage, we recommend you complete the form with the coverages exactly as they are listed on your policy. This makes sure you will receive comparison quotes for the exact same coverage.

More discounts equal less premium

Properly insuring your vehicles can get expensive, but you can get discounts that you may not even be aware of. Certain discounts will be applied when you complete an application, but less common discounts must be inquired about before they will apply.

Federal Employees - Employees or retirees of the government may qualify you for a discount with a few auto insurance companies.
Early Signing - A few companies offer discounts for switching policies prior to your current policy expiration. This can save 10% or more.
Good Student - This discount can be rewarded with saving of up to 25%. This discount can apply until age 25.
Save over 55 - If you're over the age of 55, you may qualify for better auto insurance rates.
Low Mileage Discounts - Driving fewer miles can earn a substantially lower rate.
Homeowners Savings - Simply owning a home can save you money because owning a home is proof that your finances are in order.
Drivers Education - Cut your cost by having your teen driver successfully complete driver's ed class in school.

It's important to understand that some credits don't apply to the entire policy premium. Some only reduce the cost of specific coverages such as comp or med pay. So even though they make it sound like all those discounts means the company will pay you, it doesn't quite work that way. Any qualifying discounts will bring down your premiums.

To choose insurance companies offering auto insurance discounts in Oklahoma, click here.

Switch companies and save? Really?

Auto insurance providers like Progressive, Allstate and GEICO constantly bombard you with ads in print and on television. They all have a common claim of big savings if you switch to their company. How does each company make almost identical claims?

All the different companies have a certain "appetite" for the driver that makes them money. For example, a driver they prefer could possibly be between the ages of 30 and 50, a clean driving record, and has great credit. A driver that hits that "sweet spot" will get very good rates and therefore will save when switching.

Consumers who do not match these standards will be quoted higher rates and this can result in the driver buying from a lower-cost company. The ads say "people who switch" not "everyone that quotes" save that much. That is how insurance companies can confidently advertise the savings.

This emphasizes why you need to get as many quotes as possible. It is impossible to predict which company will fit your personal profile best.

It's not one size fits all

When buying the right insurance coverage for your vehicles, there isn't really a one size fits all plan. Each situation is unique and your policy should reflect that. Here are some questions about coverages that may help highlight if you might need an agent's assistance.

Am I covered if I drive in a foreign country?
Does my car insurance cover rental cars?
Do I need to file an SR-22 for a DUI in Oklahoma?
Should I buy additional glass protection?
Is my vehicle covered for flood damage?
Does my policy cover my teen driver if they drive my company car?

If you can't answer these questions, you may need to chat with a licensed insurance agent. If you don't have a local agent, simply complete this short form or you can also visit this page to select a carrier

Additional auto insurance information can be found on the website for the Oklahoma Insurance Department through this link. Oklahoma consumers can download brochures, learn about specific coverages, file complaints about a company, and learn about insurance regulations.

Affordable insurance is out there

In this article, we presented a lot of ways to compare auto insurance prices online. The key thing to remember is the more price quotes you have, the better your chances of lowering your rates. You may be surprised to find that the lowest rates come from a company that doesn't do a lot of advertising. These smaller insurers can often provide lower rates in certain areas as compared to the big name companies such as .

When you buy insurance online, it's very important that you do not reduce coverage to reduce premium. There are too many instances where someone dropped physical damage coverage only to discover later that the few dollars in savings costed them thousands. Your strategy should be to find the BEST coverage at an affordable rate while still protecting your assets.