Wouldn’t life be so easy if we knew the one company that has the cheapest rates for 17 year olds? Unfortunately, it’s not that simple as there are a whole bunch of unknown elements like whether you are a man or a woman, your marital status, and if you own or rent your home, that all factor into the price you pay. This article will detail some of these topics and also should give you a solid foundation to find cheaper car insurance in Oklahoma.
The safety and performance level of the vehicle driven is a large factor when comparison shopping for affordable car insurance for 17 year olds. Vehicles with limited speed and performance, good safety features, or a low likelihood of having liability claims will cost quite a bit less to insure than adrenaline junky models.
The tables below outlines auto insurance rates for some of the more afforable automobiles to insure.
Make, Model, and Trim Level | Annual Cost | Semi-Annual Cost | Monthly Cost |
---|---|---|---|
Chevrolet Malibu Hybrid | $5,608 | $2,804 | $467 |
Ford Focus S 4-Dr Sedan | $5,550 | $2,775 | $463 |
Ford Fusion Sport AWD 4-Dr Sedan | $6,440 | $3,220 | $537 |
Honda Accord EX 2-Dr Coupe | $6,374 | $3,187 | $531 |
Honda Civic SI 2-Dr Coupe | $7,528 | $3,764 | $627 |
Hyundai Elantra SE 4-Dr Sedan | $5,966 | $2,983 | $497 |
Kia Optima EX | $6,434 | $3,217 | $536 |
Toyota Camry LE | $5,608 | $2,804 | $467 |
Volkswagen Jetta SEL 4-Dr Sedan | $6,026 | $3,013 | $502 |
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Data variables include single male driver age 17, no speeding tickets, no at-fault accidents, $500 deductibles, and Oklahoma minimum liability limits. Discounts applied include safe-driver, and claim-free. Estimates do not factor in vehicle garaging location which can affect coverage rates noticeably.
Make, Model, and Trim Level | Annual Cost | Semi-Annual Cost | Monthly Cost |
---|---|---|---|
Acura MDX Advance/Entertainment 4WD | $6,084 | $3,042 | $507 |
Buick Enclave CX AWD | $6,026 | $3,013 | $502 |
Chevrolet Suburban LTZ 2WD | $6,026 | $3,013 | $502 |
Chevrolet Traverse LT 2WD | $4,840 | $2,420 | $403 |
Ford Escape XLT 4WD | $4,780 | $2,390 | $398 |
Ford Explorer XLT 4WD | $5,252 | $2,626 | $438 |
GMC Acadia SL 2WD | $5,194 | $2,597 | $433 |
Honda CR-V LX 2WD | $4,722 | $2,361 | $394 |
Honda Fit | $4,478 | $2,239 | $373 |
Honda Pilot Touring 2WD | $5,668 | $2,834 | $472 |
Hyundai Tucson Limited 2WD | $5,608 | $2,804 | $467 |
Jeep Grand Cherokee Limited 4WD | $6,026 | $3,013 | $502 |
Kia Sportage EX 2WD 4-Dr | $5,608 | $2,804 | $467 |
Toyota Highlander Sport 4WD | $5,668 | $2,834 | $472 |
Toyota RAV4 Sport 2WD | $5,608 | $2,804 | $467 |
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Price data assumes single male driver age 17, no speeding tickets, no at-fault accidents, $500 deductibles, and Oklahoma minimum liability limits. Discounts applied include claim-free, and safe-driver. Table data does not factor in specific location information which can modify premiums noticeably.
Make, Model, and Trim Level | Annual Cost | Semi-Annual Cost | Monthly Cost |
---|---|---|---|
Chevrolet Colorado LT 2WD | $5,136 | $2,568 | $428 |
Chevrolet Silverado LT Crew Cab 4WD | $6,026 | $3,013 | $502 |
Dodge Ram Crew Cab Laramie 4WD | $6,848 | $3,424 | $571 |
Ford F-150 Lariat Crew Cab Platinum 2WD | $6,026 | $3,013 | $502 |
Ford F-250 XL Harley Edition 2WD | $6,434 | $3,217 | $536 |
Ford F-350 Crew Cab King Ranch Turbo Diesel 4WD | $8,014 | $4,007 | $668 |
GMC Sierra 3500HD SLE Regular Cab 4WD | $7,228 | $3,614 | $602 |
GMC Sierra SLT Crew Cab 2WD | $6,026 | $3,013 | $502 |
Toyota Tacoma Double Cab TRD Off-Road Package 4WD | $5,668 | $2,834 | $472 |
Toyota Tundra Regular Cab 2WD | $5,602 | $2,801 | $467 |
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Data based on single male driver age 17, 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 zip code location which can lower or raise insurance rates greatly.
Trying to buy cost effective car insurance is difficult, and figuring out which company has the most affordable insurance rates for 17 year olds will take even more work. Insurance prices will more than likely be much pricier than the average rate in Oklahoma, with the extra cost attributed to the potential for higher claims that goes along with offering insurance for teen drivers, but economical coverage may be achievable if you carefully shop around. Each insurance company has their own process for determining prices, so to begin we’ll rank the most affordable insurance companies in Oklahoma.
It’s important that readers know that Oklahoma insurance rates are influenced by many factors that may substantially change the cost of a policy. This price fluctuation is why Oklahoma drivers need to compare as many rates as possible when trying to find the most economical car insurance rates for 17 year olds. Car insurance prices are impacted by many things and change frequently, so the best company a year ago may now be one of the higher cost companies.
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Oklahoma Farmers Union quotes some of the most affordable car insurance rates in Oklahoma at around $1,154 each year. USAA, The Hartford, Safe Auto, and Farmers are also some of the cheaper Oklahoma auto insurance companies.
In the above rates, if you are insured with The Hartford and switched to Oklahoma Farmers Union, you might see an annual savings of about $205. Oklahoma drivers with Safe Auto might save as much as $223 a year, and Farmers customers might lower prices by up to $240 a year.
To see if your current coverage is too expensive, click here to start your free quote or click several companies below for low rates.
Bear in mind that those prices are averages for all ages of drivers and types of vehicles and do not factor in a price surcharge for 17 year olds. So the auto insurance company that can offer the best rates for your situation may not even be in the chart above. That affirms the importance of why you need to quote rates from many companies using your own individual information.
If you’re looking for the best car insurance, the most popular companies are State Farm, Geico, Progressive, and Allstate. They all have slightly different options that policyholders can choose from. The next table rates pricing and service ratings, plus some optional coverages that policyholders can buy.
State Farm | Geico | Progressive | Allstate | |
---|---|---|---|---|
Claims Handling | 2nd | 3rd | 4th | 1st |
Overall Cost | 2nd | 1st | 3rd | 4th |
Policy Discounts | 3rd | 2nd | 4th | 1st |
Overall Satisfaction | 4th | 1st | 3rd | 2nd |
U.S. market share | 18.3% | 11.4% | 8.8% | 10% |
Recommend by customers | 88% | 87% | 88% | 86% |
Coverage for ridesharing | Yes | Yes | Yes | Yes |
Emergency roadside assistance | Yes | Yes | Yes | Yes |
Accident forgiveness coverage | No | Yes | Yes | Yes |
New car replacement | No | No | No | Yes |
Mechnical breakdown | No | Yes | Yes | No |
Usage-based insurance | Yes | No | Yes | Yes |
Types of agents used | Can only buy from State Farm agents | Both online and from Geico agents | Indpendent agents or online | Allstate exclusive agents |
Number of agents | 18,000+ | 150+ | 30,000+ | 11,000+ |
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