7 Simple Tricks to Slash Car Insurance Costs in Broken Arrow

Searching for affordable Broken Arrow car insurance online can be intimidating for consumers new to price shopping online. With so many choices of companies competing online, how can consumers even start to compare them all to find the lowest price?

It is always a good idea to compare rates periodically because rates are adjusted regularly by insurance companies. Even if you think you had the best rates six months ago there may be better deals available now. Starting right now, forget anything you know (or think you know) about car insurance because you’re about to learn one of the quickest ways to lower your annual insurance bill.

Are you getting all your discounts?

Insuring your vehicles can cost a lot, but discounts can save money and there are some available to reduce the price significantly. Larger premium reductions will be automatically applied at the time of purchase, but some may not be applied and must be asked for before being credited. If you aren’t receiving every discount you deserve, you’re just leaving money on the table.

Claim Free – Claim-free drivers pay less when compared with accident-prone drivers.
Military Discounts – Being on active duty in the military could be rewarded with lower premiums.
Life Insurance – Some companies give a break if you buy life insurance.
Multiple Cars – Buying insurance for all your vehicles with the same company could earn a price break for each car.
Student Driver Training – Make teen driver coverage more affordable by requiring them to enroll in driver’s education in school.
Driver Safety – Taking part in a driver safety course could possibly earn you a 5% discount if you qualify.
Accident Waiver – A few companies allow you one accident before raising your premiums if you are claim-free for a certain period of time.

As a disclaimer on discounts, most discount credits are not given to the entire policy premium. Most only apply to the cost of specific coverages such as collision or personal injury protection. So despite the fact that it appears you can get free auto insurance, companies wouldn’t make money that way. Any amount of discount will cut the amount you have to pay.

For a list of insurers with discount car insurance rates in Broken Arrow, follow this link.

Neighborhood agents for car insurance

Some consumers just want to visit with an insurance agent and that is just fine! Licensed agents can help determine the best coverages and help you file claims. One of the great benefits of price shopping on the web is that you can obtain the lowest rates but still work with a licensed agent. And supporting local agencies is definitely important in Broken Arrow.

After filling out this form (opens in new window), your insurance data is instantly submitted to companies in Broken Arrow who will compete to get your business. There is no need to leave your house as quotes are delivered to your email. How’s that for easy!

If you wish to view a list of agents in Broken Arrow to contact, simply jump to this page.

Selecting a company requires more thought than just a cheap price. These are valid questions to ask:

Does the agency provide any after hours assistance?
Are there any hidden costs in their price quote and does it include driving and credit history?
How much will you save each year by using a higher deductible?
How often do they review policy coverages?
How are claims handled?

After getting satisfactory answers for all questions you ask and a good coverage price, you may have just found a company that is a good match to provide car insurance coverage.

Do I need special coverages?

When choosing the best car insurance coverage for your personal vehicles, there really is no single plan that fits everyone. Everyone’s situation is unique.

For example, these questions may help you determine whether your personal situation might need an agent’s assistance. price insurance in Oklahoma

Can I still get insurance after a DUI?
Should I buy only the required Oklahoma minimum liability coverage?
Is my dog or cat covered if injured in an accident?
At what point should I drop full coverage?
When does my teenage driver need to be added to my policy?
Does my vehicle need full coverage?
Do I have coverage when pulling a U-Haul trailer?

If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to a licensed agent. If you don’t have a local agent, take a second and complete this form. It is quick, free and can help protect your family.

Specific coverage details

Learning about specific coverages of a car insurance policy can help you determine appropriate coverage and proper limits and deductibles. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Liability car insurance

This can cover damage or injury you incur to other’s property or people. It protects you against claims from other people, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 50/100/50 which means a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property. Alternatively, you may have a combined limit that pays claims from the same limit with no separate limits for injury or property damage.

Liability insurance covers claims like emergency aid, bail bonds and legal defense fees. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy higher limits if possible. Oklahoma requires drivers to carry at least 25,000/50,000/25,000 but you should think about purchasing better liability coverage.

Medical expense coverage

Coverage for medical payments and/or PIP pay for immediate expenses like hospital visits, prosthetic devices and chiropractic care. They can be used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. They cover all vehicle occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not universally available and may carry a deductible

Auto collision coverage

Collision insurance will pay to fix damage to your vehicle resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things like colliding with a tree, crashing into a ditch, sideswiping another vehicle and hitting a parking meter. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also bump up the deductible in order to get cheaper collision rates.

Comprehensive protection

Comprehensive insurance pays for damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things like hitting a deer, hitting a bird and damage from getting keyed. The highest amount a car insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Uninsured or underinsured coverage

This gives you protection from other motorists when they are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and damage to your vehicle.

Since a lot of drivers only purchase the least amount of liability that is required (25/50/25 in Oklahoma), it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Frequently these coverages are similar to your liability insurance amounts.

To find out more about Oklahoma car insurance

More information can be found on the Oklahoma Insurance Department website through this link. Consumers can find a variety of consumer forms, view a list of available companies, file complaints about a company, and learn about insurance regulations.

Other useful links include NAIC.org’s Understanding your Policy and this list of insurance agents in Broken Arrow.

Quote more, save more

As you prepare to switch companies, do not buy less coverage just to save a little money. In too many instances, drivers have reduced liability limits or collision coverage only to regret at claim time that a couple dollars of savings turned into a financial nightmare. Your focus should be to find the BEST coverage at a price you can afford while not skimping on critical coverages.

In this article, we presented quite a bit of information on how to compare car insurance prices online. It’s most important to understand that the more companies you get rates for, the more likely it is that you will get a better rate. You may even discover the best price on car insurance is with the least-expected company.

Drivers leave their current company for a variety of reasons including extreme rates for teen drivers, questionable increases in premium, delays in responding to claim requests or delays in paying claims. No matter why you want to switch, choosing a new company can be easy and end up saving you some money.