As a major metropolitan area, Tulsa auto insurance premiums tend to run higher than those found throughout Oklahoma state. In fact, NerdWallet did a survey and found that Tulsa rates are, on average, $129 higher per year. If you want the best full coverage auto insurance at the lowest possible rates in Tulsa, you’ll have to do some auto insurance quote comparisons to offset the higher cost of living in a large city.
Do I Need Full Coverage Auto Insurance In Tulsa?
While you might have heard that minimum liability auto insurance is all you need to legally drive in Oklahoma, you might be surprised to find out that purchasing liability alone might not be an option for you. If you have purchased your car with a loan, you’ll be required to take out full-coverage insurance which includes collision and comprehensive coverage. Under liability insurance, only the other party is protected, and since your car is actually owned by the bank they want to protect their own investment just as much. With full coverage, both yourself and the other party will be covered in the event of an accident.
How Much Does Full Coverage Auto Insurance Cost In Tulsa, Oklahoma?
For a single driver with good credit and no accidents who is older than 25, these are the cheapest full coverage insurance plans as of early 2020:
- Geico $1,018
- American Farmers $1,482
- Shelter $1,691
- Allstate $1,693
- Progressive $1,760
Who has the best deal starts to vary when you throw obstacles into the mix such as; people with one or more accidents or tickets, drivers with poor credit, family plans, and other factors. The best way to get full coverage insurance that fits your individual needs at the lowest price, you’ll have to do a lot of comparison shopping.
The easiest way to do comparison shopping is to use an online quote comparison website that lists plans side-by-side or to use a trusted auto insurance broker who can break down the plans and show you the best options.
Tips For Lowering Your Full Coverage Premiums
- Comparison shop at least twice a year for the lowest auto insurance quotes and best discounts.
Increase your credit score with lower debt and making payments on time.
- Be accident and ticket free. If you already have accidents or tickets, look for the cheapest rates for drivers with accidents and re-check your record periodically to see when the damages fall off.
- Pay your premiums using auto-draft or pay annually for larger discounts.
- Take advantage of professional and good driver discounts. For students, get good grades.
If the rates are still too high for you, consider taking out a plan with a higher deductible to reduce monthly premium costs.
- Drive a less expensive car, put cars you are not driving in storage.
- Install safety features or anti-theft devices on your car, after checking to see if these bring a discount with your insurance provider.