Oklahoma City Skyline at DuskUnderstanding how much insurance you need, and how much you have to carry, is sometimes a bit tricky. That's why you have your auto insurance agent to help you.

Your Oklahoma City agent can help you build an insurance policy that meets your needs. However, take some time to learn what to expect when you buy insurance in OKC.

Oklahoma Auto Insurance

Like other states, Oklahoma requires drivers to carry minimum levels of liability insurance. States have instituted these requirements for a multitude of different reasons. However, auto insurance requirements help protect all drivers on the road. Insurance is a barrier against the financial losses that often follow uninsured drivers.

Oklahoma's required levels are commonly referred to as 25/50/25 policies:
  • $25,000 bodily injury protection per person
  • $50,000 coverage per accident
  • $25,000 property damage coverage
Even with this coverage, there are a lot of other considerations you need to take into account.

Considering More Insurance

Though Oklahoma has insurance requirements, these required levels are minimum coverage. For that reason, it's wise to consider extra options for coverage. You might consider adding collision coverage, medical payments and even comprehensive coverage to help with excess expenses.

Additionally, the state levels might not be enough to cover your specific vehicle's risks. A car's value and accessories might necessitate more coverage. Furthermore, your driving history may increase your risks, mandating more coverage.

Your Residence Will Likely Affect Rates

Location does impact auto insurance rates. The average cost of a car insurance policy in Oklahoma is around $1,200 annually.

If you look at the average rate by city, Oklahoma City trends towards the higher end of this average. Costs range between $700 and $1,300 annually depending on your insurance carrier. A smaller city, like Enid, has rates between roughly $675 and $900.

Oklahoma City is the largest urban area in Oklahoma. Therefore, there are more drivers on the roads across OKC than there would be in a town like Lawton or Ada. Additionally, Oklahoma City faces a relatively high car theft rate. ValuePenguin reports an average 729 car thefts per 100,000 residents. These and other factors might impact your car insurance rates.

This is why you must take care when searching for the correct policy. The State of Oklahoma might requires certain levels of insurance, but these minimum requirements may not be enough for you. Your insurance agent can work with you in a variety of ways to help you get the correct levels of insurance. They can ensure that you meet all lawful requirements but also don't pay too much for your coverage.

Cheapest Auto Insurance is here to help you get a policy that meets your needs and doesn't break the bank. Call us at (405) 604-3849 for a free Oklahoma City car insurance quote.
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