Tested Strategies for Low-Cost Bethany, OK Auto Insurance

Finding the lowest price for Bethany auto insurance might seem complicated at first if you have never used online quoting. But don’t be discouraged because comparing prices is actually very simple.

It’s important to take a look at other company’s rates quite often since insurance rates are adjusted regularly by insurance companies. Even if you think you had the best deal six months ago you can probably find a better price now. You can find a lot of misleading information regarding auto insurance online but we’re going to give you some of the best ways to buy auto insurance cheaper.

How to Compare Auto Insurance Costs in Bethany, Oklahoma

All major auto insurance companies allow you to get coverage prices on the web. Obtaining pricing is fairly straightforward as you just type in the amount of coverage you want into the quote form. When complete, their rating system orders information on your driving record and credit history and returns a price based on many factors.

Online price quotes makes comparing rates easy, but the work required to visit multiple sites and fill out multiple forms can be a bit repetitive. But it’s absolutely necessary to get many rate quotes in order to find a lower rate.

The smarter way to locate the lowest prices uses one simple form that gets prices from a lot of companies. It’s a real time-saver, requires less work, and makes online shopping much easier to do. Immediately after you send the form, it is quoted with multiple companies and you can pick your choice of the quote results.

If the quotes result in lower rates, you simply finish the application and buy the policy. The entire process just takes a couple of minutes and you will find out if you’re overpaying now.

If you want to find out how much you can save on auto insurance, click here to open in a new tab and input your coverage information. If you have coverage now, it’s recommended you complete the form with deductibles and limits as shown on your current policy. This way, you will have a fair comparison using the same coverage and limits.

Auto insurance ads bend the truth

Consumers in Oklahoma can’t get away from ads for the lowest price auto insurance by Allstate and Progressive. All the ads make an identical promise about savings if you move to their company.

How can each company claim to save you money?

Insurance companies are able to cherry pick for the type of customer that is profitable for them. For instance, a desirable insured could possibly be between 25 and 40, has no tickets, and has a short commute. Any new insured that hits that “sweet spot” will get the preferred rates and is almost guaranteed to cut their rates substantially.

Drivers who don’t meet this ideal profile must pay a higher premium and this can result in business not being written. The ads state “drivers who switch” not “everyone that quotes” save money. That’s the way companies can truthfully make the claims of big savings.

This illustrates why you absolutely need to get a wide range of price quotes. You cannot predict which company will provide you with the cheapest rates.

How your Bethany rates are determined

An important part of buying insurance is that you know the factors that play a part in calculating auto insurance rates. When you know what positively or negatively impacts premium levels allows you to make educated decisions that could result in lower auto insurance prices.

Shown below are a few of the “ingredients” companies use to determine premiums.

  • No coverage gaps is important – Having an insurance coverage lapse is a fast way to trigger a rate increase. And not only will insurance be more expensive, failure to provide proof of insurance can result in a steep fine or even jail time.
  • Mature drivers pay less – More mature drivers tend to be more responsible, file fewer claims and get fewer tickets. Teenage drivers are known to get distracted easily when driving therefore auto insurance rates are much higher.
  • Do you have enough liability coverage? – Liability coverage will protect you when you are found to be at fault for damages from an accident. It will provide legal defense up to the limits shown on your policy. Liability insurance is quite affordable when compared with rates for comp and collision, so buy as much as you can afford.
  • Lower miles equals lower premium – The more miles you rack up on your car every year the more you’ll pay to insure your vehicle. The majority of insurers rate vehicles determined by how the vehicle is used. Cars used primarily for pleasure use get more affordable rates as compared to vehicles used primarily for driving to work. Double check that your auto insurance policy is showing how each vehicle is driven.
  • What type of vehicle do you drive? – The make and model of the vehicle you are insuring makes a big difference in how high your rates are. The lowest base rates tend to be for small economy passenger cars, but the final cost of insurance is determined by many other factors.
  • Frequent auto insurance claims increase rates – Companies in Oklahoma award better rates to people who file claims infrequently. If you file claims often, you can look forward to either policy cancellation or increased premiums. Auto insurance is intended to be relied upon for major claims that would cause financial hardship.
  • Marriage brings a discount – Getting married actually saves money on your policy. Marriage is viewed as being more mature and responsible and it’s statistically proven that being married results in fewer claims.
  • Do men or women drive better? – Statistics have proven women are more cautious behind the wheel. However, don’t assume that men are WORSE drivers than women. Women and men have accidents at a similar rate, but men cause more damage and cost insurance companies more money. Men also have more aggressive citations such as DWI and reckless driving.

Are you getting all your discounts?

Car insurance can cost a lot, but discounts can save money and there are some available to cut the cost considerably. Some trigger automatically at the time of quoting, but lesser-known reductions have to be requested specifically before being credited. If you aren’t receiving every discount you qualify for, you are paying more than you should be.

  • Passive Restraints – Vehicles with factory air bags and/or automatic seat belt systems may earn rate discounts of more than 20%.
  • Club Memberships – Affiliation with certain professional organizations may earn a discount on your policy.
  • Student in College – Youth drivers who live away from home without a vehicle on campus may be able to be covered for less.
  • Discount for New Cars – Buying coverage on a new vehicle can be considerably cheaper because new vehicles have to meet stringent safety requirements.
  • Sign Early and Save – Some companies give discounts for switching policies before your current expiration date. It can save you around 10%.
  • Good Student Discount – A discount for being a good student can be rewarded with saving of up to 25%. Earning this discount can benefit you up until you turn 25.
  • Military Discounts – Having a family member in the military could be rewarded with lower premiums.
  • Seat Belts Save more than Lives – Requiring all passengers to buckle their seat belts could cut 10% or more off your PIP or medical payments premium.

It’s important to note that most discounts do not apply to your bottom line cost. Most only apply to individual premiums such as physical damage coverage or medical payments. Just because it seems like you can get free auto insurance, companies don’t profit that way. Any amount of discount will bring down the amount you have to pay.

To see a list of insurance companies with discount auto insurance rates in Oklahoma, click this link.

Don’t I need to talk to an agent?

Some people would prefer to buy from a licensed agent and that is a personal choice. Agents can point out coverage gaps and help file insurance claims. The best thing about comparing rates online is you may find the lowest rates but also keep your business local. And supporting local agencies is important particularly in Bethany.

After completing this form (opens in new window), your coverage information is immediately sent to local insurance agents in Bethany who will compete for your insurance coverage. You won’t need to even leave your home since price quotes are sent directly to your email. How cool is that?!

What types of insurance agents are in Bethany?

When searching for a good Bethany insurance agent, there are a couple of types of agencies to choose from. Bethany agents are classified as either independent or captive. Both properly insure your vehicles, but it’s worth learning how they differ since it can impact the selection process.

Independent Agencies or Brokers

These agents are not employed by any specific company but instead can place your coverage with multiple insurance companies depending on which coverage is best. To move your coverage to a new company, the business is moved internally and you won’t have to switch agencies.

When searching for an agent, we recommend you include price quotes from at a minimum one independent agency for the best price selection.Many can place coverage with different regional companies which can be an advantage.

Listed below is a list of independent insurance agents in Bethany that may be able to provide pricing information.

  • Scott Hamilton Insurance – 6656 NW 39th Expy # 103 – Bethany, OK 73008 – (405) 787-6346
  • Curtis Moore Insurance – 6818 NW 23rd St – Bethany, OK 73008 – (405) 787-2877
  • Tom Cupples Agency – 6728 NW 38th St – Bethany, OK 73008 – (405) 787-9205
Captive Insurance Agents

Captive agents have only one company to place business with and some examples include Liberty Mutual, State Farm, Allstate and AAA. They generally cannot shop your coverage around so they are skilled at selling on more than just price. They are usually quite knowledgeable on their products and sales techniques and that can be a competitive advantage. Some consumers prefer to buy insurance from these agents mainly due to the prominence of the brand and strong financial ratings.

Listed below are captive agents in Bethany that can give you price quote information.

  • Farmers Insurance Group – 7010 NW 63rd St – Bethany, OK 73008 – (405) 728-9900
  • Allstate Insurance Co – 8370 NW 39th Expy – Bethany, OK 73008 – (405) 789-2170
  • State Farm Insurance – 2309 N Willow Ave # C – Bethany, OK 73008 – (405) 787-5000
  • Farm Bureau Insurance – 7010 NW 63rd St – Bethany, OK 73008 – (405) 863-9022

To view a full list of captive insurance agencies in Bethany, click here to link.

Picking a car insurance agent shouldn’t rely on just a low price. These questions are important to ask:

  • Will your rates increase after a single accident?
  • Does the company allow you to choose your own collision repair facility?
  • Is working in the agency their full-time job?
  • Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
  • Is assistance available after office hours?
  • Can they provide you with a list of referrals?
  • Do they assist clients in filing claims?
  • Do they carry Errors and Omissions coverage?

Upon receiving acceptable answers to these questions and an acceptable price quote, you have narrowed it down to a car insurance agent that is a good match to properly insure your vehicles.

Do the work, save more money

When buying insurance coverage, make sure you don’t buy poor coverage just to save money. Too many times, drivers have reduced collision coverage only to regret that saving that couple of dollars actually costed them tens of thousands. Your aim should be to buy enough coverage for the lowest price, not the least amount of coverage.

We covered many ways to save on auto insurance. The key concept to understand is the more times you quote, the better chance you’ll have of finding lower rates. Consumers may even find the best price on auto insurance is with a small mutual company.

Cheaper auto insurance can be sourced both online and with local Bethany insurance agents, and you need to comparison shop both in order to have the best chance of saving money. Some auto insurance companies do not offer online quoting and usually these smaller companies provide coverage only through local independent agents.

Online resources for education

More information is located on the Oklahoma Insurance Department website located here. Oklahoma consumers can file complaints about a company, find out industry alerts, learn about insurance regulations, and view agent and company licensing information.

Other informative sites include BankRate.com’s Car Insurance: When not to Skimp and QuoteClickSave.com.