Proven Ways to Save on Duncan Auto Insurance

Are you sick and tired of paying out the nose each month for car insurance? You're in the same situation as many other drivers in Oklahoma.

Because you have many options when it comes to auto insurance, it can be hard to locate the right car insurance company.

It's important to compare rates before your policy renews since insurance rates are constantly changing. Just because you had the lowest price on your last policy a different company probably has better rates today. Forget all the misinformation about auto insurance because you're about to learn the proper way to buy cheaper auto insurance.

Finding the best rates in Duncan is easy if you know what you're doing. If you have car insurance now, you will be able to cut costs considerably using this strategy. But Oklahoma vehicle owners do need to know the way companies sell insurance online because it can help you find the best coverage.

Are you getting all your discounts?

Companies don't always advertise every available discount very well, so we researched some of the best known and the harder-to-find discounts you could be receiving.

Passive Restraints and Air Bags - Vehicles with factory air bags can receive discounts of more than 20%.
Employee of Federal Government - Active or retired federal employment can save as much as 8% with certain companies.
Early Signing - Select companies give a discount for signing up prior to your current policy expiring. This can save 10% or more.
New Vehicle Savings - Adding a new car to your policy is cheaper since new cars are generally safer.
Homeowners Pay Less - Being a homeowner can save you money because owning a home shows financial diligence.
Seat Belt Usage - Drivers who require all occupants to buckle their seat belts can save up to 15% off your PIP or medical payments premium.
Good Students Pay Less - Performing well in school can get you a discount of up to 25%. Earning this discount can benefit you until age 25.
Clubs and Organizations - Affiliation with a professional or civic organization may earn a discount on your policy.
No Accidents - Claim-free drivers pay much less compared to drivers who are more careless.
Driver's Ed - Make teen driver coverage more affordable by requiring them to take driver's ed class in school.

Drivers should understand that some credits don't apply to the entire cost. Most only cut the price of certain insurance coverages like medical payments or collision. Just because you may think all the discounts add up to a free policy, companies wouldn't make money that way.

You have some control over your rates

Smart consumers have a good feel for the factors that go into determining auto insurance rates. When you know what positively or negatively controls the rates you pay enables informed choices that can help you get lower auto insurance prices.

Listed below are a partial list of the pieces auto insurance companies consider when setting your rates.

How credit affects auto insurance rates - Your credit score is a huge factor in your rate calculation. If your credit is lower than you'd like, you could potentially save money when insuring your by improving your rating. Drivers who have high credit ratings tend to be better drivers and file fewer claims as compared to drivers with poor credit.
Frequent auto insurance claims increase rates - Insurance companies in Oklahoma generally give discounts to people who are claim-free. If you are a frequent claim filer, you can pretty much guarantee either higher rates or even cancellation. Auto insurance is intended to be relied upon for major claims that would cause financial hardship.
What type of vehicle do you drive? - The make and model of the car you drive makes a significant difference in how high your rates are. The cheapest insurance rates tend to be for small economy passenger cars, but there are many factors that impact the final cost.
Drive less and save money - The more miles you rack up on your car every year the higher your rates will be. Most insurance companies price each vehicle's coverage based on how the vehicle is used. Cars left parked in the garage receive lower rates than vehicles that are driven to work every day. Make sure your auto insurance policy properly reflects how each vehicle is driven, because improper ratings can cost you money.
Bump up deductibles to save - Physical damage coverage, termed comprehensive and collision coverage on your policy, protects your car from damage. Some instances where coverage would apply are running into the backend of another car, damage caused by hail, and rolling your vehicle. The deductibles are the amount of money you are willing to pay in the event of a claim. The more you are required to pay out-of-pocket, the less your company will charge you for insurance.
Don't let your coverage lapse - Letting your insurance expire is a guaranteed way to pay more for auto insurance. And not only will your rates increase, but not being able to provide proof of insurance will get you a license revocation or jail time.You may have to file a SR-22 with the Oklahoma motor vehicle department.
A clean driving record saves money - Your driving record has a big impact on rates. Even a single citation can boost insurance rates twenty percent or more. Careful drivers tend to pay less for car insurance than bad drivers. Drivers who get serious violations like reckless driving, hit and run or driving under the influence may be required to submit a SR-22 form with the DMV in their state in order to continue driving.
Don't sacrifice liability coverage - Liability insurance will protect you in the event that a jury decides you are liable for causing damage or personal injury in an accident. Liability provides legal defense starting from day one. Liability is cheap compared to physical damage coverage, so do not skimp.

How can State Farm and Allstate save drivers who switch?

Companies like State Farm and Allstate constantly bombard you with ads on television and other media. All the ads have a common claim that you'll save big if you switch to their company. But how can every company say the same thing? This is how they do it.

All companies can use profiling for the driver that earns them a profit. For instance, a preferred risk might be profiled as between the ages of 30 and 50, is a homeowner, and has great credit. A propective insured that hits that "sweet spot" will qualify for the lowest rates and as a result will probably save a lot of money.

Consumers who are not a match for this ideal profile will be charged higher rates and this can result in business not being written. The ad wording is "drivers who switch" not "everybody who quotes" save that much. That's why companies can advertise the savings. That is why drivers should compare many company's rates. It's not possible to predict the company that will fit your personal profile best.

Learn more today

More detailed Oklahoma auto insurance information is located at the Oklahoma Insurance Department website. Oklahoma drivers can find out industry alerts, download brochures, learn about specific coverages, and file complaints about an insurance agent or broker.

Also read more on NAIC.org's Understanding your Policy and this directory of Duncan insurance agents.

Shop smart and save

Throughout this article, we presented a lot of ways to reduce auto insurance prices online. The key thing to remember is the more you quote, the higher the chance of saving money. Consumers may even find the lowest rates come from a lesser-known regional company. Regional companies may only write in your state and offer lower rates than the large multi-state companies such as .

When you buy insurance online, don't be tempted to skimp on coverage in order to save money. There have been many cases where an accident victim reduced liability coverage limits only to discover later that the few dollars in savings costed them thousands. Your goal should be to purchase a proper amount of coverage for the lowest price, not the least amount of coverage.