Who Has the Cheapest Insurance Quotes for Drivers with Good Credit in Oklahoma?

You have most likely watched the catchy advertisements from insurers like GEICO and Farmers that promise enormous savings. So drivers should just pick the one with the best commercial, right?

It’s not that easy, however, as there are a whole bunch of unknown aspects such as your credit history, if you have a coverage lapse, if you have a spouse, and the number of years of driving experience you have. Car insurance is kind of a dry topic, but this article will explain the best ways to find cheap car insurance and will hopefully give you a good beginning to your search for cheaper coverage.

Performance level and cost of the vehicle requiring insurance is a large factor when shopping around for the cheapest insurance for drivers with good credit in Oklahoma. Vehicles with economical engines, advanced safety features, or a positive history of liability claims will cost significantly less to insure than fast, unsafe models.

The data below illustrates car insurance prices for a handful of the most cost-effective automobiles to buy coverage for.

Data variables include single male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Oklahoma minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-vehicle, and multi-policy. Premium costs do not factor in specific zip code location which can impact premiums substantially.

Premium data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Oklahoma minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, homeowner, and multi-policy. Premium costs do not factor in the specific area where the vehicle is garaged which can change prices noticeably.

Cost estimates assume single male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Oklahoma minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, claim-free, and safe-driver. Premium amounts do not factor in vehicle location which can modify rates significantly.

For financially responsible drivers, one of the more important components used to establish the policy price is where your residence is in Oklahoma. Cities with larger populations or higher claim trends like Tulsa, Del City, and Owasso tend to pay slightly more, whereas areas with fewer weather claims and lower vehicle theft rates can boast about having cheaper rates.

The table below ranks the most costly cities in Oklahoma for drivers with good credit to buy auto insurance in.

Rates are comparative as the specific area where the vehicle is garaged can raise or lower prices noticeably.

Finding good, affordable car insurance is not most people’s favorite thing to do, and determining which companies quote the cheapest insurance rates for drivers with good credit calls for a bit more work. Policy prices may be moderately cheaper than the state average attributed to the decrease in risk related to offering insurance for financially responsible drivers. Competitively-priced insurance should be easy to find from a lot of good insurance companies.
Each auto insurer has a different formula for establishing rates, so let’s rank the insurance companies that tend to have lower prices in Oklahoma.

It’s a good idea to know that Oklahoma insurance rates are impacted by many factors which can significantly increase or decrease your annual premium. Events like turning one year older, buying a new vehicle, or having a fender bender can trigger changes in premium that can make some companies cheaper than others.

Best Car Insurance Prices for High Credit

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Oklahoma Farmers Union may have some of the lowest car insurance rates in Oklahoma at around $1,166 per year. USAA, The Hartford, GEICO, and Safe Auto are also some of the cheaper Oklahoma car insurance companies.

As the example above demonstrates, if you currently buy coverage from The Hartford and switched to Oklahoma Farmers Union, you could realize a yearly price reduction of around $153. Policyholders with GEICO might save as much as $174 a year, and Safe Auto customers might cut rates by $253 a year.

Bear in mind that those policy prices are averages across all types of drivers and the different vehicles they drive and and are not calculated with a price discount for drivers with good credit. So the auto insurance company that has the lowest price for you may not even be shown in the company chart above. That affirms the importance of why you need to compare rates from as many companies as possible using your own specific driver information and vehicle.

The diagram below highlights how deductible choice can increase or decrease premium costs when getting quotes for cheap insurance for drivers with good credit. Data assumes a married male driver, comp and collision included, and no other discounts are factored in.

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A 40-year-old driver could pocket $422 a year by switching from a $100 deductible up to a $500 deductible, or save $636 by selecting a $1,000 deductible. Even younger insureds, like the 20-year-old example, could potentially save as much as $1,420 each year by choosing a larger deductible amount.

If you do make the decision to raise your deductibles, it is important to have enough savings to be able to cover the extra out-of-pocket expense, which is the main drawback of higher deductibles.

Choosing a high-quality auto insurance provider is hard considering how many companies sell insurance in Oklahoma. The information in the lists below may help you analyze which car insurance providers to look at shopping prices with. These rankings include companies who write in the majority of U.S. states, so companies that have a smaller presence are not factored into the list.

Top 10 Major Auto Insurers in Oklahoma Ranked by Customer Service

1. USAA
2. Travelers
3. Mercury Insurance
4. Safeco Insurance
5. Nationwide
6. AAA Insurance
7. State Farm
8. Progressive
9. The Hartford
10. The General

Top 10 Major Auto Insurers in Oklahoma Ranked by A.M. Best Rating

1. Travelers – A++
2. GEICO – A++
3. State Farm – A++
4. USAA – A++
5. Nationwide – A+
6. Allstate – A+
7. Mercury Insurance – A+
8. The Hartford – A+
9. Esurance – A+
10. Progressive – A+