How to Know You're Throwing Money Away for Car Insurance in Ringling

Are you sick and tired of robbing Peter to pay Paul each month for car insurance? Your situation is no different than many other Oklahoma drivers.

Drivers have multiple to pick from, and though it is a good thing to be able to choose, it can be more challenging to compare rates.

It's important to compare prices before your policy renews because rates are constantly changing. Just because you had the lowest price a few years ago you can probably find a better price now. Don't believe everything you read about car insurance online but I'm going to show you some great ways to quit paying high car insurance rates.

Good Decisions Result in Lower Rates

Consumers need to have an understanding of some of the elements that go into determining your car insurance rates. Knowing what influences your rates enables informed choices that may reward you with much lower annual insurance costs.

  • Drive less and save money - The more miles you rack up on your car every year the more you will pay for car insurance. Most insurance companies rate vehicles based on their usage. Vehicles used primarily for pleasure use receive lower rates than vehicles that are driven to work every day. Double check that your car insurance policy shows how each vehicle is driven, because improper ratings can cost you money.
  • Keep rates low by being claim-free - If you tend to file frequent claims, you can definitely plan on either policy cancellation or increased premiums. Car insurance companies in Oklahoma provide lower rates to drivers who are claim-free. Your insurance policy is meant to be used in the event of major claims that would cause financial hardship.
  • How's your driving record? - Your driving citation history has a lot to do with how much you pay for insurance. Careful drivers tend to pay less for car insurance than bad drivers. Just one speeding ticket can boost insurance rates by twenty percent. Drivers who have serious citations like reckless driving, hit and run or driving under the influence may need to submit a SR-22 form with their state motor vehicle department in order to continue driving.
  • Where you live - Being located in small towns and rural areas can be a good thing when it comes to car insurance. City drivers regularly have much more traffic and longer commute times. Lower population translates into fewer accidents as well as less vandalism and auto theft.
  • Marriage pays dividends - Having a wife or husband can actually save you money when buying car insurance. It means you're more mature it has been statistically shown that drivers who are married are more cautious.
  • Car features impact rates - Driving a car with anti-theft technology or alarm system can get you a discount on your car insurance. Anti-theft features such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder your car from being stolen.
  • Safer cars are cheaper to insure - Vehicles with high crash test scores are cheaper to insure. These vehicles reduce injuries and fewer injuries translates into fewer and smaller insurance claims and thus lower rates.
  • Do you have enough liability coverage? - Liability insurance will protect you if ever you are found to be at fault for causing damage or personal injury in an accident. Liability provides legal defense which can be incredibly expensive. This coverage is very inexpensive compared to physical damage coverage, so buy as much as you can afford.

Oklahoma car insurance quotes

These discounts can lower your rates

Companies don't necessarily list all their discounts very clearly, so we researched some of the more common and the harder-to-find car insurance savings.

  • New Car Discount - Insuring a new car can cost up to 25% less because new vehicles have to meet stringent safety requirements.
  • Employee of Federal Government - Employees or retirees of the government could cut as much as 10% off with select insurance companies.
  • Good Students Pay Less - This discount can earn a discount of 20% or more. Earning this discount can benefit you until age 25.
  • Bundle and Save - If you insure your home and vehicles with one insurance company you will save at least 10% off all policies.
  • Homeowners Pay Less - Owning a house in Ringling may trigger a car insurance policy discount because owning a home shows financial diligence.

Keep in mind that most of the big mark downs will not be given to the entire cost. Some only reduce the price of certain insurance coverages like collision or personal injury protection. Just because you may think all the discounts add up to a free policy, it just doesn't work that way.

To choose companies offering car insurance discounts in Oklahoma, follow this link.

Are you falling for claims of savings?

Car insurance companies such as GEICO, State Farm and Progressive constantly bombard you with ads on television and other media. They all seem to say the same thing that you can save if you switch to their company. How does each company make the same claim? This is how they do it.

Insurance companies can use profiling for the driver that makes them money. For instance, a desirable insured could be between 30 and 50, is a homeowner, and drives less than 7,500 miles a year. A customer who fits that profile will get very good rates and as a result will probably save when switching.

Consumers who are not a match for these standards will have to pay higher rates which usually ends up with business going elsewhere. The ads say "drivers who switch" not "everybody who quotes" save that much. That's why insurance companies can advertise the way they do. Because of the profiling, you should get a wide range of price quotes. Because you never know the company that will provide you with the cheapest rates.

Learn more today

Additional detailed information is located at the Oklahoma Insurance Department website. Consumers can file complaints about an insurance agent or broker, download brochures, file complaints about a company, and view agent and company licensing information.

Other informative sites include Auto Insurance 101 and this page where you can research Ringling insurance agents.

Affordable insurance is out there

When shopping online for car insurance, make sure you don't buy poor coverage just to save money. In many instances, an accident victim reduced collision coverage and learned later that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to find the BEST coverage for the lowest price.

We just showed you many ways to save on car insurance. The key thing to remember is the more rate quotes you have, the higher the chance of saving money. Consumers may even find the best prices are with a lesser-known regional company. Some small companies can often insure niche markets at a lower cost than the large multi-state companies such as .