10 Guaranteed Tricks to Cut Car Insurance Costs in Owasso

If you are a novice to online car insurance shopping, you may be overwhelmed by the large number of online companies offering insurance in Owasso.

Buying car insurance in Owasso is easy if you know what you’re doing. If you have car insurance now, you should be able to reduce your rates substantially using this information. Nevertheless, Oklahoma drivers must learn how the larger insurance companies market insurance on the web and use this information to your advantage.

Which Car Insurance is Cheapest in Owasso, OK?

The are a couple different ways to compare rate quotes from different in Owasso, OKinsurance companies. By far the easiest way to find the lowest rates is to get quotes online. This is very easy and can be done in several different ways.

  • One of the simplest ways to find the lowest comparison rates would be an industry-wide quote request form click to view form in new window. This form prevents you from having to do separate forms for each company you want a rate for. Completing one form will return price quotes instantly. It’s definitely the quickest method.
  • A more time consuming way to analyze rates requires you to visit the website of each company to complete their respective quote request forms. For sake of this example, let’s assume you want to compare rates from Progressive, State Farm and GMAC. To find out each rate you need to go to every website to input your insurance information, and that’s why the first method is more popular.

    For a handy list of car insurance company links in Owasso, click here.

However you get your quotes, ensure you are comparing exactly the same coverage limits for every quote you compare. If your comparisons have different values for each quote it will be next to impossible to determine the best price in Owasso. Slightly different coverages can make a big difference in price. Just keep in mind that getting more free quotes will enable you to find the best offered rates.

Don’t miss out on these ten money-saving discounts

Companies offering auto insurance don’t always list every discount in a way that’s easy to find, so we break down some of the best known and the more hidden car insurance savings.

  • Claim Free – Good drivers with no accidents can save substantially compared to accident-prone drivers.
  • Homeowners Discount – Being a homeowner can help you save on car insurance because maintaining a house is proof that your finances are in order.
  • Payment Method – If you pay your bill all at once instead of paying each month you could save up to 5%.
  • Distant Student – Youth drivers who live away from home without a vehicle on campus may qualify for this discount.
  • Safe Drivers – Drivers who avoid accidents may save up to 50% more than drivers with accidents.
  • Student Driver Training – Cut your cost by having your teen driver complete a driver education course if it’s offered in school.
  • Defensive Driving Course – Successfully completing a defensive driving course can save you 5% or more if your company offers it.
  • Auto/Life Discount – Larger companies have lower rates if you buy life insurance.
  • Auto/Home Discount – If you insure your home and vehicles with one insurance company you will save 10% to 20% off each policy.
  • Good Student Discount – Performing well in school can get you a discount of up to 25%. The good student discount can last until age 25.

Consumers should know that most of the big mark downs will not be given to the entire policy premium. A few only apply to the cost of specific coverages such as medical payments or collision. Just because you may think you can get free auto insurance, you won’t be that lucky.

For a list of companies who offer car insurance discounts in Owasso, click here.

Do I need special coverages?

When it comes to choosing the right insurance coverage for your vehicles, there really is no one size fits all plan. Your needs are not the same as everyone else’s.

These are some specific questions may help you determine if your situation will benefit from professional help.

  • What if I total my vehicle and owe more than it’s worth?
  • Am I covered if I drive in a foreign country?
  • Am I covered when driving in Canada or Mexico?
  • Does having multiple vehicles earn me a discount?
  • Do I pay less if my vehicle is kept in my garage?
  • Am I covered when driving someone else’s vehicle?
  • Do I need PIP (personal injury protection) coverage in Oklahoma?
  • What are the financial responsibility laws in Oklahoma?
  • Do I get a pro-rated refund if I cancel my policy early?

If you can’t answer these questions but you know they apply to you, you may need to chat with a licensed insurance agent. If you don’t have a local agent, take a second and complete this form.

More tips and info about car insurance can be found at the Oklahoma Insurance Department website. Oklahoma consumers can read industry bulletins, find disaster information, download brochures, and file complaints about a company.

Car insurance coverages explained

Learning about specific coverages of your car insurance policy aids in choosing appropriate coverage at the best deductibles and correct limits. Policy terminology can be difficult to understand and nobody wants to actually read their policy.free Owasso Oklahoma insurance quote

Insurance for medical payments

Coverage for medical payments and/or PIP kick in for short-term medical expenses like nursing services, chiropractic care, dental work and pain medications. The coverages can be utilized in addition to your health insurance policy or if you do not have health coverage. They cover you and your occupants and will also cover getting struck while a pedestrian. PIP coverage is not available in all states but can be used in place of medical payments coverage

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Since many Oklahoma drivers only carry the minimum required liability limits (which is 25/50/25), their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as damage from getting keyed, rock chips in glass, damage from a tornado or hurricane and a broken windshield. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Collision protection

This coverage covers damage to your vehicle from colliding with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims such as driving through your garage door, hitting a parking meter, colliding with another moving vehicle, sustaining damage from a pot hole and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. Another option is to raise the deductible to save money on collision insurance.

Liability car insurance

Owasso car insurance prices

This coverage provides protection from injuries or damage you cause to people or other property that is your fault. It protects YOU from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery.

Liability insurance covers claims such as medical expenses, repair costs for stationary objects, bail bonds and structural damage. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as high a limit as you can afford. Oklahoma state minimum liability requirements are 25,000/50,000/25,000 but drivers should carry more coverage.

Better coverage you can count on

Lower-priced car insurance is available on the web and also from your neighborhood Owasso agents, and you should compare price quotes from both so you have a total pricing picture. A few companies may not provide online quoting and usually these smaller companies provide coverage only through local independent agents.

We just covered a lot of techniques to get a better price on car insurance. The most important thing to understand is the more rate comparisons you have, the higher your chance of finding lower rates. Consumers may even find the best price on car insurance is with the least-expected company.

While you’re price shopping online, do not buy poor coverage just to save money. There are many occasions where an accident victim reduced uninsured motorist or liability limits only to find out that they should have had better coverage. Your strategy should be to purchase a proper amount of coverage for the lowest price.