9 Simple Tips to Lower Car Insurance Costs in Thomas, OK

Are you tired of robbing Peter to pay Paul each month for car insurance? You're in the same situation as many other Oklahoma drivers.

With consumers having so many different company options, it is hard for the average consumer to pick the most cost effective provider.

It's important to compare prices before your policy renews since rates are constantly changing. Just because you found the lowest price six months ago the chances are good that you can find a lower rate today. You can find a lot of misleading information regarding car insurance online, so I'm going to show you some great ways to save money.

This article will let you in on the best way to quote coverages and some tricks to saving. If you have car insurance now, you should be able to cut costs considerably using this information. Although Oklahoma consumers do need to know the way insurance companies sell online because it can help you find the best coverage.

Policy discounts you shouldn't miss

The price of auto insurance can be rather high, but discounts can save money and there are some available that you may not know about. Larger premium reductions will be automatically applied at the time of quoting, but a few must be requested specifically before you will receive the discount.

Save with a New Car - Buying coverage on a new vehicle can be considerably cheaper since new cars are generally safer.
Claim Free - Claim-free drivers pay much less as compared to bad drivers.
Multiple Cars - Buying insurance for all your vehicles on the same car insurance policy can get a discount on all vehicles.
Braking Control Discount - Anti-lock brake equipped vehicles can avoid accidents and will save you 10% or more.
Auto/Life Discount - Companies who offer life insurance give a break if you buy a life insurance policy as well.
Homeowners Pay Less - Owning a house in Thomas may earn you a small savings because maintaining a house shows financial diligence.
One Accident Forgiven - Some insurance companies allow you one accident before raising your premiums as long as you don't have any claims prior to the accident.
Good Students Pay Less - A discount for being a good student can get you a discount of up to 25%. Earning this discount can benefit you up until you turn 25.
Sign Online - Certain companies may give you up to $50 for buying your policy online.

A little note about advertised discounts, most discount credits are not given to the entire cost. Some only reduce specific coverage prices like collision or personal injury protection. So even though it sounds like all the discounts add up to a free policy, you won't be that lucky. Any amount of discount will help reduce the amount you have to pay.

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

Cheap Thomas Car Insurance Comparisons

The are a couple different ways to get quotes and find the best price. The best method to find competitive insurance rates is to perform an online rate comparison. This can be done using a couple different methods.

The best way to compare a lot of rates at once is a comparison rater form click to view form in new window. This form saves time by eliminating boring form submissions for every car insurance company. In just a few minutes this one form gets you price quotes from all major companies.
A more time consuming way to shop for car insurance online requires a trip to the website for each individual company to complete a price quote. For example, let's assume you want rates from , and . To get rate quotes you would need to visit each site to input your insurance information, which is why the first method is quicker. For a list of links to companies insuring cars in Thomas, click here.

It's up to you how you get prices quotes, just ensure you're using apples-to-apples quote information with each company. If you have mixed coverages then you won't be able to make an equal comparison in Thomas. Having just a slight variation in coverages can result in a big premium difference. And when price shopping your coverage, comparing a large number of companies provides better odds of finding a better price.

Save $429 a year? Really?

Car insurance companies such as GEICO, State Farm and Progressive consistently run television and radio advertisements. They all seem to make the same claim about savings if you change your coverage to them. But how can every company claim to save you money? It's all in the numbers.

All companies can use profiling for the type of customer that is profitable for them. For instance, a desirable insured might be a mature driver, is a homeowner, and has a high credit rating. Any new insured who matches those parameters will get very good rates and is almost guaranteed to save a lot of money.

Potential insureds who don't qualify for this ideal profile will have to pay more money which leads to the customer not buying. The ads say "customers who switch" but not "drivers who get quotes" save that much money. That's why companies can truthfully state the savings.

Because of the profiling, drivers must get quotes from several different companies. It's just too difficult to predict the company that will have the lowest rates.

Final considerations

As you restructure your insurance plan, do not reduce coverage to reduce premium. In many instances, an accident victim reduced collision coverage and learned later that they should have had better coverage. The ultimate goal is to find the BEST coverage at the best price.

The cheapest car insurance can be sourced both online as well as from independent agents in Thomas, and you need to price shop both to have the best chance of lowering rates. Some insurance companies don't offer the ability to get a quote online and most of the time these small, regional companies sell through independent agents.

Learn more today

Additional information is located on the website for the Oklahoma Insurance Department found here. Visitors are able to file complaints about an insurance agent or broker, read industry bulletins, report car insurance fraud, and find out industry alerts.

Additional helpful sites include Auto Insurance 101 and this page where you can research Thomas insurance agents.