Have you had enough of being strong-armed to insure your vehicles every month? You are in the same boat as many other Oklahoma drivers.
Numerous car insurance companies battle to insure your vehicles, and it can be difficult to compare rates and get the definite best rates possible.
If you have car insurance now, you should be able to reduce your rates substantially using this strategy. Buying car insurance in Lawton is not rocket science. Although Oklahoma vehicle owners do need to learn how insurance companies price insurance differently because it can help you find the best coverage.
Shopping for lower car insurance rates is a ton of work if you don’t utilize the most efficient way. You could spend the better part of a day talking about coverages with agents in Lawton, or you can utilize the internet to quickly compare rates.
Most of the larger companies take part in a program where prospective buyers submit their information once, and every company then returns a price quote based on the submitted data. This saves time by eliminating quotation requests for each company you want a rate for.
To access this free quoting program, click here (opens in new window).
One minor caviat to using this type of system is that consumers can’t choose the companies you will receive quotes from. So if you prefer to choose specific insurance companies to compare rates, we put together a list of car insurance companies in Oklahoma. Click to view list.
However you get your quotes, ensure you are comparing apples-to-apples coverage limits and deductibles with each company. If you are comparing different deductibles it’s not possible to find the best deal in Lawton. Quoting even small variations in coverages may cause a big price difference. Just keep in mind that getting more free quotes helps locate better pricing.
Companies that sell car insurance don’t always list all their discounts in an easy-to-find place, so we took the time to find both well-publicized and the harder-to-find savings tricks you should be using.
Keep in mind that many deductions do not apply to all coverage premiums. Most only apply to specific coverage prices like medical payments or collision. Even though it may seem like having all the discounts means you get insurance for free, it just doesn’t work that way.
To choose insurance companies offering car insurance discounts in Lawton, click this link.
Learning about specific coverages of car insurance can be of help when determining the best coverages and the correct deductibles and limits. Car insurance terms can be confusing and nobody wants to actually read their policy. Shown next are the usual coverages offered by car insurance companies.
Comprehensive coverage (or Other than Collision)
This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive coverage protects against things like hitting a deer, damage from getting keyed, damage from flooding, hail damage and falling objects. The most you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.
Uninsured Motorist or Underinsured Motorist insurance
Your UM/UIM coverage protects you and your vehicle from other drivers when they are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants and damage to your vehicle.
Because many people have only the minimum liability required by law (25/50/25), it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important.
Insurance for medical payments
Medical payments and Personal Injury Protection insurance kick in for bills such as EMT expenses, ambulance fees and nursing services. They are utilized in addition to your health insurance policy or if you do not have health coverage. It covers you and your occupants in addition to any family member struck as a pedestrian. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage
This coverage covers damage to your vehicle caused by collision with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.
Collision coverage protects against things like damaging your car on a curb, rolling your car, scraping a guard rail and driving through your garage door. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. Drivers also have the option to increase the deductible to get cheaper collision coverage.
Coverage for liability
This will cover damage or injury you incur to a person or their property by causing an accident. Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 25/50/25 that translate to $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property.
Liability coverage protects against claims like court costs, structural damage and medical services. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as much as you can afford. Oklahoma state minimum liability requirements are 25,000/50,000/25,000 but drivers should carry more liability than the minimum.
More tips and info about car insurance is located at the Oklahoma Insurance Department website. Consumers can get help finding coverage, view a list of available companies, and learn about specific coverages.