It would sure be easy if we could simply give you the name of the single company that has the cheapest policy rates in Oklahoma. Unfortunately, it’s just not that easy, as there are a lot of unknowns like if you are a homeowner or renter, your credit history, the amount of physical damage deductibles, and whether you are single or married, that help determine the price you have to pay. If you keep reading, we will teach you about the best ways to save on auto insurance and also should give you some help in finding cheaper rates.
When shopping for cheaper auto insurance after a few driving violations, one of the many criteria that affect the policy price is your zip code in Oklahoma. Areas with increased crime or more people like Tulsa, Broken Arrow, and Bixby tend to have more expensive auto insurance rates, whereas areas with less traffic congestion and claims can boast about having cheaper rates.
The following table displays the highest-priced places in Oklahoma with multiple speeding tickets in which to buy car insurance.
Rank | City | Average Per Year |
---|---|---|
1 | Tulsa | $2,282 |
2 | Del City | $2,221 |
3 | Broken Arrow | $2,216 |
4 | Sand Springs | $2,205 |
5 | Bixby | $2,169 |
6 | Bethany | $2,157 |
7 | Sapulpa | $2,144 |
8 | Owasso | $2,127 |
9 | Midwest City | $2,119 |
10 | Oklahoma City | $2,113 |
11 | Moore | $2,090 |
12 | Yukon | $2,055 |
13 | Edmond | $2,042 |
14 | Shawnee | $2,028 |
15 | Norman | $2,013 |
16 | Claremore | $2,008 |
17 | Stillwater | $1,989 |
18 | Muskogee | $1,943 |
19 | Enid | $1,942 |
20 | Duncan | $1,923 |
21 | Bartlesville | $1,922 |
22 | Ponca City | $1,898 |
23 | Lawton | $1,884 |
24 | Ardmore | $1,879 |
25 | Altus | $1,876 |
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Table data uses comparative as zip code location can decrease or increase coverage prices noticeably.
Establishing which company offers the cheapest car insurance rates with multiple speeding tickets will take a tad more effort in order to find the lowest price quote.
Each company has their own unique process for determining rates, so let’s take a look at the car insurance companies with the overall best prices in Oklahoma. It’s important that readers know that Oklahoma car insurance rates are impacted by many things which can substantially change the price you have to pay. Simply turning a year older, marrying your spouse, or getting caught speeding may generate price changes that may make certain companies cheaper than competitors.
Best Insurance Companies with License Points
Rank | Company | Cost Per Year |
---|---|---|
1 | Oklahoma Farmers Union | $1,166 |
2 | USAA | $1,196 |
3 | The Hartford | $1,333 |
4 | Safe Auto | $1,377 |
5 | GEICO | $1,381 |
6 | Farmers | $1,436 |
7 | State Farm | $1,521 |
8 | Liberty Mutual | $1,852 |
9 | Travelers | $1,868 |
10 | Mercury | $2,053 |
11 | OK Farm Bureau | $2,079 |
12 | Shelter | $2,108 |
13 | MetLife | $2,169 |
14 | Progressive | $2,179 |
15 | Home State | $2,214 |
16 | Allstate | $2,400 |
17 | Safeco | $5,005 |
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Oklahoma Farmers Union normally has some of the most affordable car insurance rates in Oklahoma at around $1,166 each year. USAA, The Hartford, Safe Auto, and GEICO are also some of the most economical Oklahoma insurance companies.
In the rate table above, if you currently have a policy with GEICO and switched to USAA, you may see an annual savings of in the vicinity of $185. Insureds with Farmers could save as much as $240 a year, and State Farm customers might cut rates by $325 a year.
To get a fast rate comparison, click here or quote rates from the companies below.
Be aware that those premium estimates are averaged for all types of drivers and the different vehicles they drive and do not factor in a rate discount with multiple speeding tickets. So the car insurance company that is best for you may not even be included in the chart above. That point stresses why you need to compare rates from as many companies as possible using your own specific driver information and vehicle.
Insurers that provide policies with multiple speeding tickets may also give you premium discounts that could reduce prices by 30% or more if you meet certain criteria. A few of the larger companies and a partial list of their discounts include:
The illustration below compares yearly insurance costs with and without discounts applied to the policy premium. The premiums assume a male driver, three citations and no at-fault accidents, Oklahoma state minimum liability limits, comp and collision included, and $250 deductibles.
The first bar for each age group shows insurance cost with no discounts. The lower bar shows the rates with multiple vehicle, paperless filing, passive restraint, anti-theft, continuous coverage, and marriage discounts applied. In this example, the the average amount saved on car insurance with multiple speeding tickets is 28% or $1,097.
Finding the cheapest car insurance with multiple speeding tickets in Oklahoma is the goal of most people, and one common way to lower the cost of insurance is to not buy full coverage. The chart below illustrates the comparison of car insurance rates when comparing full coverage to liability only. The information is based on no claims or driving violations, $250 deductibles, marital status is single, and no other discounts are factored in.
Averaged for all age groups, full coverage costs $2,349 per year more than just buying liability insurance. Many people question when is the right time to remove full coverage. There is no clear-cut rule that is best for determining when to drop physical damage coverage, but there is a general guideline you can use. If the annual cost of your full coverage insurance is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then you might consider buying liability only.
The list below shows some of the recommended thrifty ideas that can help you buy cheap coverage.
The last item on the list is extraordinarily crucial, as we pointed out in the prior information. Insurance prices fluctuate considerably, so drivers shouldn’t be reluctant to switch companies if a better deal can be had.
Many drivers tend to have loyalty to a certain company, but we do not recommend it if that faithfulness ends up costing you hundreds of dollars a year. If you have a few minutes, compare prices and find cheaper auto insurance with multiple speeding tickets.