Tightwads Tips for Saving on Snyder Auto Insurance

Did you fall for a flashy sales pitch and buy high-priced auto insurance? Believe me when I say there are many Snyder consumers feeling the pinch from expensive auto insurance.

Drivers have multiple to pick from, and although it's nice to have a selection, it can be more challenging to compare rates.

It's important to take a look at other company's rates every six months since insurance rates are constantly changing. If you had the best deal a few years ago the chances are good that you can find a lower rate today. Starting right now, block out anything you think you know about auto insurance because it's time to teach you the only way to reduce your cost while increasing coverage.

Choosing the best insurance company for you in Snyder is easy if you know what you're doing. Essentially every driver who is required by state law to have auto insurance will be able to save money. But Oklahoma vehicle owners do need to know how big insurance companies determine prices and take advantage of how the system works.

Don't pay full price with these discounts

Companies don't list all their discounts very clearly, so here is a list some of the best known and the more hidden discounts you could be receiving.

  • Senior Discount - Mature drivers can possibly qualify for better auto insurance rates.
  • Memberships - Affiliation with a qualifying organization may earn a discount on auto insurance.
  • Pay Upfront and Save - By paying your policy upfront instead of paying each month you may reduce your total bill.
  • New Vehicle Savings - Adding a new car to your policy can be considerably cheaper due to better safety requirements for new cars.
  • College Student - Youth drivers who live away from home without a vehicle on campus may be able to be covered for less.
  • Drive Less and Save - Keeping the miles down can qualify you for a substantially lower rate.
  • Sign Online - A handful of insurance companies give back up to $50 for buying a policy and signing up over the internet.
  • Service Members Pay Less - Being deployed with a military unit can result in better rates.
  • Theft Prevention System - Vehicles with anti-theft systems prevent vehicle theft and qualify for as much as a 10% discount.

Consumers should know that some of the credits will not apply to all coverage premiums. Most only apply to the cost of specific coverages such as liability, collision or medical payments. So despite the fact that it appears all those discounts means the company will pay you, companies don't profit that way.

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

Snyder auto insurance comparison

Compare Quotes for Snyder Auto Insurance

Shopping for lower auto insurance rates can be exhausting if you aren't aware of the most efficient way to do it. You can waste a lot of time driving to local insurance agents in Snyder, or you can utilize online quoting to get prices fast.

Many insurance companies enroll in a system that enables customers to send in one quote, and at least one company then gives them pricing for coverage. This prevents consumers from doing repetitive form submissions to each individual auto insurance company.

To submit your quote information now, click to open in new window.

The only drawback to getting quotes like this is that consumers can't choose which carriers to receive prices from. If you prefer to choose specific insurance companies to request quotes from, we have a page of low cost auto insurance companies in Oklahoma. View list of Oklahoma insurance companies.

However you get your quotes, ensure you are comparing identical deductibles and coverage limits for each comparison quote. If you use different values for each quote it will be impossible to determine the lowest rate in Snyder. Slightly different insurance coverages may cause a big price difference. Just remember that obtaining a wide range of quotes helps you find better pricing.

Snyder Rates are Influenced by These Factors

An important part of buying insurance is that you know the factors that come into play when calculating auto insurance rates. Knowing what controls the rates you pay enables informed choices that may reward you with big savings.

  • Mature drivers pay less - Teenage drivers in Oklahoma tend to be more careless when behind the wheel so they pay higher auto insurance rates. Older insureds are viewed as being more responsible, file fewer claims and tend to be better behind the wheel.
  • Liability coverage is peace of mind - The liability section of your policy provides coverage if ever a jury decides you are liable for causing damage or personal injury in an accident. Liability insurance provides legal defense coverage which can cost thousands of dollars. This coverage is very inexpensive compared to insuring for physical damage coverage, so do not skimp.
  • Optional equipment can affect rates - Choosing a vehicle that has an advanced theft prevention system can get you a discount on your auto insurance. Anti-theft devices such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can thwart auto theft.
  • The more you drive the more you pay - The more you drive in a year the more you will pay for auto insurance. Most insurance companies price each vehicle's coverage based on how the vehicle is used. Cars not used for work or commuting can get a lower rate as compared to vehicles used primarily for driving to work. Ask your agent if your auto insurance policy shows the correct driver usage, because it can save money.
  • Being married is a good thing - Being married actually saves money on auto insurance. It means you're more mature than a single person and it's statistically proven that being married results in fewer claims.
  • Discounts for multiple policies - The majority of insurance companies will give a discount to people who buy several policies from them in the form of a multi-policy discount. Even though this discount sounds good, you may still want to compare rates to ensure the best deal. Consumers may find a better deal by buying insurance from more than one company.

The auto insurance bait and switch

Auto insurance companies such as Progressive, GEICO, Allstate and State Farm regularly use ads in print and on television. They all seem to have a common claim that you'll save big if you move to their company. How does each company say the same thing?

All the different companies are able to cherry pick for the driver that is profitable for them. An example of a desirable insured might be profiled as between 30 and 50, has no driving citations, and has a short commute. A propective insured that hits that "sweet spot" is entitled to the best price and therefore will save when switching.

Consumers who don't measure up to these standards will have to pay higher prices and this can result in business not being written. The ads state "people who switch" not "everyone that quotes" save that much. That's the way companies can make the claims of big savings. Because of the profiling, drivers must get a wide range of price quotes. It's not possible to predict which auto insurance company will fit your personal profile best.

Final considerations

As you shop your coverage around, make sure you don't reduce coverage to reduce premium. There are many occasions where someone sacrificed comprehensive coverage or liability limits to discover at claim time that saving that couple of dollars actually costed them tens of thousands. Your aim should be to buy a smart amount of coverage at an affordable rate.

Discount auto insurance is possible on the web and also from your neighborhood Snyder agents, so compare prices from both in order to have the best price selection to choose from. Some insurance providers may not provide the ability to get a quote online and most of the time these smaller companies sell through independent agents.

Learn more about Oklahoma auto insurance

More detailed Oklahoma auto insurance information is available at the Oklahoma Insurance Department website. Oklahoma drivers can read enforcement actions against agents and companies, find out which companies have the most complaints, view a list of available companies, and file complaints about an insurance agent or broker.

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