Affordable Auto Insurance In Tulsa After An Accident Or Tickets
It’s no secret that at-fault accidents and tickets can dramatically raise your auto insurance premiums. Collision claims, speeding tickets, and other violations like DUI can turn you into a “high-risk” driver. If you become too high-risk then your insurance company might drop you completely, leaving your scrambling for new insurance. Not to fear, there are auto insurance companies out there that specialize in offering affordable auto insurance to high-risk drivers.
After an at-fault accident, your rates could go up quite a bit, as much as 95% in some cases. Right now State Farm has the most forgiving plan with the first accident being just a 37% increase, compared to Geico with a 58% increase. The amount of risk has a lot to do with these rates and they might be different for different people.
What To Do When Your Rates Are Raised
The first thing people often do after their rates are increased is to start looking at other companies. Shopping around for auto insurance is the best way to save money as all companies have different rates and policies in relation to safe driving. You can also contact the Oklahoma Department of Motor Vehicles and request a copy of your driving record. Especially if you think an error has been made, get a copy and review it to make sure it is accurate. Sometimes you can have a first-time offender ticket removed if you take a driving class.
What If You Can’t Find Auto Insurance In Tulsa After An Accident Or Tickets?
If a major chain insurance company will not insure you, then check out some of the niche specialty shops that cater to high-risk drivers like The General or Acceptance. If you have no luck there, your last option is to join the Assigned Risk Pool run by the state of Oklahoma. Most states have a high-risk pool for people who are otherwise uninsurable.
How To Lower Your Rates After Being Labeled A High-Risk Driver?
Even if you’ve made mistakes, you can redeem yourself and get back to the normal more affordable rates you were once receiving. It just takes time and a little hard work. Here are some tips to getting back into the good graces of any insurance company:
Try not to file claims unless absolutely necessary - Sometimes you can’t help it, but if the damages are small, consider paying out of pocket to avoid the black mark on your record.
Work towards excellent credit - You might be shocked to find out that poor credit can affect your ability to get affordable auto insurance. You can save up to $1,500 a year by improving your credit score. Pay off debt, get current with past-due payments, and make all payments on time.
Wait For Violations To Expire - Tickets don’t stay on your record forever. If you only have one ticket you might be able to get it removed from your record by meeting certain conditions. If you have several, wait the clock out for them to fall off your driving report. By going three years without a ticket or claim can help give you receive a Safe Driver discount that can lower your auto insurance quote.