Tightwads Tips for Saving on Inola Car Insurance

Did you fall for a flashy sales pitch and buy high-priced car insurance? Trust us when we tell you you're not the only one. Drivers have so many to pick from, and although it's nice to have a selection, too many choices makes it more difficult to compare rates.

It's important to compare prices every six months because rates are constantly changing. If you had the best rates on your last policy the chances are good that you can find a lower rate today. Don't believe everything you read about car insurance online, so I'm going to show you some great ways to save money.

Take advantage of discounts

The cost of insuring your cars can be expensive, but discounts can save money and there are some available that can drop the cost substantially. Some trigger automatically at the time of quoting, but some may not be applied and must be inquired about before you will receive the discount. If you're not getting every credit possible, you're paying more than you need to.

55 and Retired - Mature drivers can possibly qualify for a small decrease in premiums.
Memberships - Belonging to a qualifying organization may earn a discount on car insurance.
Federal Government Employee - Being employed by or retired from a federal job may qualify you for a discount with select insurance companies.
Bundle and Save - When you combine your home and auto insurance with the same company you may save approximately 10% to 15%.
Discount for Good Grades - A discount for being a good student can be rewarded with saving of up to 25%. The good student discount can last up to age 25.

It's important to note that some of the credits will not apply to all coverage premiums. Most only cut specific coverage prices like liability, collision or medical payments. So despite the fact that it appears having all the discounts means you get insurance for free, you're out of luck. But any discount will bring down your overall premium however.

To see a list of companies with the best car insurance discounts in Oklahoma, click here.

Compare Quotes for Inola Car Insurance

Finding cheaper car insurance prices isn't really that difficult. Just spend a little time comparing price quotes provided by online insurance companies. This can be done in just a few minutes using one of these methods.

The best way to compare a lot of rates at once is to use a rate comparison form click here to open form in new window. This type of form saves time by eliminating separate quote forms to each individual car insurance company. Filling out one form gets you coverage quotes from many national carriers.
Another way to compare rate quotes consists of going to each company's website to complete a price quote. For sake of this example, let's say you want to compare rates from , and . To find out each rate you need to spend time on each company's site to enter your coverage information, which is why the first method is quicker. To view a list of companies in Inola, click here.

However you get your quotes, ensure you are comparing identical coverages with each company. If you enter different limits and deductibles on each one then you won't be able to make an equal comparison in Inola.

How to Lower your Car Insurance Rates

An important part of buying insurance is that you know the factors that come into play when calculating your car insurance rates. Knowing what influences your rates empowers consumers to make smart changes that may reward you with big savings.

The list below includes some of the items used by your company to calculate rates.

Mature drivers pay less - Young drivers in Oklahoma tend to be more careless when behind the wheel so they pay higher car insurance rates. Older insureds are viewed as being more responsible, file fewer claims and receive fewer citations.
Liability insurance protects assets - The liability section of your policy provides coverage if ever you are found to be at fault for personal injury or accident damage. It will provide you with a defense in court which can cost thousands of dollars. This coverage is very inexpensive compared to insuring for physical damage coverage, so do not skimp.
More claims means more premium - If you are a frequent claim filer, you can pretty much guarantee higher rates. Car insurance companies in Oklahoma generally give lower rates to drivers who do not file claims often. Insurance coverage is meant to be used in the event of the large, substantial claims.
Rural vs Urban Areas - Choosing to live in less populated areas can be a good thing when it comes to car insurance. Urban drivers have much more traffic and longer commute times. Fewer people means a lower chance of having an accident and a lower car theft rate.
How's your driving record? - Your driving citation history has a lot to do with how much you pay for insurance. Drivers who don't get tickets get better rates than people who have multiple driving citations. Even a single speeding ticket can bump up the cost forty percent or more. Drivers who have severe citations such as DUI or reckless driving may need to file a SR-22 with their state motor vehicle department in order to drive a vehicle legally.
Do you know your deductibles? - Coverage for physical damage, otherwise known as comp (or other than collision) and collision, is used to repair damage to your car. A few examples of covered claims are collision with another vehicle, vandalism, and windstorm damage. The deductibles are how much you are required to spend out-of-pocket if you file a covered claim. The more expense you have to pay, the less your car insurance will be.

Are car insurance companies telling the truth?

Consumers can't get away from ads that promise big savings from the likes of Progressive, GEICO, Allstate and State Farm. They all seem to have a common claim that you can save if you move your coverage to them.

How does each company make the same claim? It's all in the numbers.

All the different companies are able to cherry pick for the type of customer that is profitable for them. A good example of a desirable insured could be between 25 and 40, has no driving citations, and has great credit. A customer that hits that "sweet spot" will qualify for the lowest rates and most likely will save when switching.

Potential insureds who don't qualify for these standards will have to pay more money and this can result in business going elsewhere. The ad wording is "customers who switch" not "people who quote" save that much money. That's the way insurance companies can advertise the savings.

Because of the profiling, drivers must compare as many rates as you can. Because you never know which car insurance company will fit your personal profile best.

And the best car insurance company is...

When you buy insurance online, make sure you don't reduce coverage to reduce premium. There are many occasions where someone sacrificed collision coverage and discovered at claim time that the few dollars in savings costed them thousands. Your aim should be to purchase a proper amount of coverage at the best price.

Lower-priced car insurance is definitely available from both online companies as well as from independent agents in Inola, so you should compare both to have the best chance of lowering rates. There are still a few companies who don't offer the ability to get a quote online and most of the time these small insurance companies sell through independent agents.

Learn more about Oklahoma car insurance

More information can be read on the website for the Oklahoma Insurance Department found here. Consumers can read enforcement actions against agents and companies, find out which companies have the most complaints, download brochures, and view agent and company licensing information.

Additional helpful sites include this Car Insurance FAQ and this page of insurance agents in Inola.