Cheap Car Insurance for Drivers Under 21 in Oklahoma

The model of vehicle requiring coverage is probably the largest consideration when shopping around for cheap auto insurance for drivers under 21 in Oklahoma. Vehicles with lower acceleration and performance, a plethora of safety features, or a low likelihood of liability claims will cost less to insure than fast, unsafe models. The data below illustrates car insurance costs for a handful of the more afforable automobiles to buy insurance for.

Above prices assume single female driver age 20, no speeding tickets, no at-fault accidents, $500 deductibles, and Oklahoma minimum liability limits. Discounts applied include safe-driver, and claim-free. Price information does not factor in specific location information which can alter coverage rates noticeably.

Price data assumes single female driver age 20, no speeding tickets, no at-fault accidents, $500 deductibles, and Oklahoma minimum liability limits. Discounts applied include claim-free, and safe-driver. Price estimates do not factor in vehicle location which can lower or raise prices significantly.

Data variables include single female driver age 20, no speeding tickets, no at-fault accidents, $500 deductibles, and Oklahoma minimum liability limits. Discounts applied include safe-driver, and claim-free. Premium amounts do not factor in Oklahoma location which can decrease or increase auto insurance rates considerably.

Determining which companies quote the cheapest car insurance rates for drivers under 21 will involve more work than just getting one or two price quotes. Each auto insurer uses their own method for determining prices, so let’s take a look at the car insurance companies that tend to be cheaper in Oklahoma.

Best Insurance Companies for Minors

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USAA normally has some of the lowest car insurance rates in Oklahoma at around $1,150 annually. Oklahoma Farmers Union, The Hartford, GEICO, and Safe Auto are also some of the best Oklahoma auto insurance companies.

In the above rates, if you have coverage with The Hartford and switched to USAA, you may see a yearly savings of about $169. Oklahoma drivers with GEICO may save as much as $231 a year, and Safe Auto customers might realize rate reductions of up to $269 a year.

To see if you’re overpaying, click here to start your custom quote or click several companies below for low rates.

It’s important to note that these premiums are averaged for all types of insureds and vehicles and are not factoring in a price increase for drivers under 21. So the auto insurance company that has the cheapest rates for you may not even be featured in the rate chart shown above. That points out the importance of why you need to compare as many prices as possible using your own personalized driver profile and vehicle information.

The diagram below shows how choosing a deductible can impact insurance prices when getting quotes for cheap insurance for drivers under 21. The rate quotes are based on a single male driver, full physical damage coverage, and no additional discounts are factored in.

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A 40-year-old driver could pocket $514 a year by changing from a $100 deductible up to a $500 deductible, or save $776 by changing to a $1,000 deductible. Young drivers, such as the 20-year-old example, can save $1,702 annually just by choosing higher deductibles when buying full coverage. If you do make the decision to raise your deductibles, it is necessary to have plenty of savings on hand to enable you to cover the extra out-of-pocket expense, which is the primary disadvantage of high deductibles.

Cheapest car insurance: Progressive, Geico, State Farm, or Allstate

When it comes to car insurance, four of the best places to start are Progressive, Geico, State Farm, and Allstate. The data below rates price, claims, and customer service ratings, as well as some optional coverages .