Tightwads Tips for Saving on Gate Auto Insurance

Having to pay for overpriced auto insurance can dwindle your savings account and force you to make sacrifices. Comparing price quotes is a smart way to slash your bill and have more diposable income. Drivers have multiple to pick from, and although it's a good thing to have a selection, it can be more challenging to compare rates.

It's important to take a look at other company's rates quite often because prices are constantly changing. Even if you think you had the lowest price two years ago the chances are good that you can find a lower rate today. Block out anything you think you know about auto insurance because we're going to demonstrate how to quote online to buy cheaper auto insurance.

Finding the best rates in Gate is quite easy. If you are paying for car insurance now, you stand a good chance to be able to cut costs considerably using this strategy. Oklahoma drivers only need an understanding of how to buy auto insurance on the web.

Are you getting all your discounts?

Auto insurance companies don't list all their discounts very clearly, so we researched both well-publicized and the harder-to-find auto insurance savings. If you're not getting every credit you deserve, you're paying more than you need to.

  • Sign Online - A handful of insurance companies will discount your bill up to fifty bucks simply for signing over the internet.
  • Save over 55 - Mature drivers may receive better auto insurance rates.
  • Safety Course Discount - Taking part in a course in driver safety could cut 5% off your bill and easily recoup the cost of the course.
  • Discount for Life Insurance - Larger companies have a discount if you purchase auto and life insurance together.
  • Multiple Cars - Buying coverage for all your vehicles on the same auto insurance policy qualifies for this discount.
  • College Student - Children who are attending college and don't have a car can be insured at a reduced rate.
  • Drive Less and Save - Low mileage vehicles could be rewarded with lower rates on the low mileage vehicles.
  • No Accidents - Drivers who don't have accidents pay much less as compared to bad drivers.

Consumers should know that most of the big mark downs will not be given to the overall cost of the policy. Most only apply to the price of certain insurance coverages like liability, collision or medical payments. So when the math indicates all those discounts means the company will pay you, companies don't profit that way.

To see a list of companies with discount auto insurance rates in Oklahoma, follow this link.

Low Cost Gate Auto Insurance

Most companies like State Farm, GEICO and Progressive quote coverage prices on the web. This process is pretty painless as you just type in your coverage information as detailed in the form. Once you submit the form, the company's rating system will obtain information on your driving record and credit history and returns a price quote based on many factors. This helps simplify price comparisons, but the time required to go to several different sites and complete many quote forms is monotonous and tiresome. But it's very important to get many rate quotes if you are searching for the best price on auto insurance.

The preferred way to locate the lowest prices uses one form that gets price quotes from several companies at one time. The form is fast, requires much less work on your part, and makes rate comparisons much more enjoyable. As soon as the form is sent, it is quoted with multiple companies and you can pick any one of the price quotes you receive. If one or more price quotes are lower than your current rates, you can simply submit the application and buy the policy. It just takes a couple of minutes and may result in a nice savings.

To find out if lower rates are available, click here to open in new window and input your coverage information. If you have coverage now, it's recommended you complete the form with coverages and limits identical to your current policy. This makes sure you will have rate comparison quotes based on the exact same insurance coverage.

Gate Rates are Influenced by These Factors

An important part of buying insurance is that you know some of the elements that play a part in calculating the price you pay for auto insurance. Knowing what determines base rates enables informed choices that may reward you with big savings.

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

  • Marriage pays dividends - Having a wife or husband helps lower the price when buying auto insurance. It means you're more mature and responsible it has been statistically shown that married drivers get in fewer accidents.
  • Men are more aggressive - Statistics have proven that women are safer drivers than men. Now that doesn't mean men are worse drivers. They both are in accidents in similar numbers, but the males tend to have more serious accidents. They also get cited for more serious violations such as DWI and reckless driving.
  • Extra add-on coverages are wasting money - There are quite a few add-on coverages that you can buy on your auto insurance policy. Coverages for rental car reimbursement, towing coverage and term life insurance are examples of these. They may seem good when talking to your agent, but if they're wasting money eliminate them to save money.
  • Drive less and save money - The higher the mileage driven in a year's time the more you will pay for auto insurance. Most insurance companies apply a rate determined by how the vehicle is used. Vehicles not used for work or commuting receive lower rates than vehicles that are driven to work every day. Ask your agent if your auto insurance declarations sheet shows the correct usage for each vehicle, because improper ratings can cost you money.
  • Increase deductibles and save - Coverage for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your car. Some instances where coverage would apply could be running into the backend of another car, vandalism, and rolling your vehicle. Your deductibles are how much you are willing to pay out-of-pocket if you file a covered claim. The more you are required to pay out-of-pocket, the bigger discount you will receive.

Tailor your coverage to you

When choosing the best auto insurance coverage for your personal vehicles, there isn't really a cookie cutter policy. Every insured's situation is different so your insurance needs to address that. For instance, these questions may help you determine whether you could use an agent's help.

  • Does medical payments coverage apply to all occupants?
  • Should I buy additional glass protection?
  • Should I rate my vehicle as pleasure use or commute?
  • What happens if I owe more than my vehicle is worth?
  • Can I afford to buy a different vehicle if my vehicle is totaled?
  • Do I pay less if my vehicle is kept in my garage?
  • Is my vehicle covered for flood damage?
  • Are there companies who specialize in insuring high-risk drivers?

If you don't know the answers to these questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It only takes a few minutes and may give you better protection.

How can State Farm, GEICO and Progressive save drivers who switch?

Oklahoma consumers can't get away from ads for car insurance savings by State Farm, GEICO and Progressive. They all seem to say the same thing of big savings if you change to their company.

How does each company make almost identical claims? This is how they do it.

All the different companies have a preferred profile for the driver that is profitable for them. For instance, a desirable insured could possibly be over the age of 40, insures multiple vehicles, and chooses high deductibles. A customer getting a price quote who fits that profile is entitled to the best price and as a result will probably save when switching.

Potential insureds who are not a match for these standards will have to pay more money which usually ends up with the driver buying from a lower-cost company. Company advertisements say "drivers who switch" not "everybody who quotes" save that much. This is how insurance companies can confidently state the savings. Because of the profiling, drivers must quote coverage with many companies. It's impossible to know which insurance companies will give you the biggest savings.

And the best car insurance company is...

Cost effective auto insurance is attainable online and also from your neighborhood Gate agents, and you need to comparison shop both in order to have the best chance of saving money. Some insurance companies may not provide the ability to get a quote online and most of the time these small, regional companies sell through independent agents.

When buying insurance coverage, make sure you don't reduce coverage to reduce premium. In many cases, drivers have reduced liability coverage limits only to discover later that their decision to reduce coverage ended up costing them more. Your aim should be to buy enough coverage for the lowest price.

Gate auto insurance comparison

More sites with auto insurance information

More tips and info about auto insurance is located at the Oklahoma Insurance Department website. Oklahoma consumers can get help finding coverage, learn about insurance regulations, discover disciplinary actions, and file complaints about an insurance agent or broker.

Additional helpful sites include this site for Oklahoma auto insurance information and see this list of insurance agents in Gate.