You have probably seen the captivating commercials from companies like Allstate and Progressive claiming the cheapest rates. So you should just select the one with the best jingle, right?
It’s just not that simple, as there are a whole bunch of unknown elements like if you are married, your credit score, and your gender, that all have an effect on the price. We are going to cover some of these things and will give you a good beginning to your quest for cheaper car insurance.
Finding reliable, budget car insurance is tough enough, and figuring out which companies quote the lowest-priced car insurance rates for handicapped drivers may require even more shopping around. Each company has a unique approach for determining rates, so let’s begin by examining the overall cheapest car insurance companies in Oklahoma City.
Cheapest Insurance Rates in Oklahoma
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Oklahoma Farmers Union | $1,166 |
| 2 | USAA | $1,185 |
| 3 | GEICO | $1,353 |
| 4 | The Hartford | $1,373 |
| 5 | Farmers | $1,394 |
| 6 | Safe Auto | $1,405 |
| 7 | State Farm | $1,536 |
| 8 | Travelers | $1,849 |
| 9 | Liberty Mutual | $1,871 |
| 10 | Mercury | $1,973 |
| 11 | OK Farm Bureau | $2,058 |
| 12 | Shelter | $2,129 |
| 13 | MetLife | $2,147 |
| 14 | Home State | $2,149 |
| 15 | Progressive | $2,179 |
| 16 | Allstate | $2,448 |
| 17 | Safeco | $5,158 |
| Quote Your Rates Go | ||
Oklahoma Farmers Union offers some of the best car insurance rates in Oklahoma City at around $1,166 each year. This is $801 less than the average premium paid by Oklahoma drivers of $1,967. USAA, GEICO, The Hartford, and Farmers would also make the list of some of the most economical Oklahoma City, OK insurance companies.
As shown above, if you are a customer of Farmers and switched to USAA, you could realize yearly savings of about $209. Policyholders with Safe Auto could save as much as $220 a year, and State Farm policyholders might cut rates by $351 a year.
It’s important to note that these rates are averages across all drivers and vehicles and and are not calculated with a specific vehicle garaging location for handicapped drivers. So the company that can offer you the best rate may not even be in the top 17 companies in the list above. That illustrates why you need to get rate quotes from many companies using your own specific driver and vehicle information.
The make and model of vehicle to be insured is probably the most important factor when consumers are trying to find the best cheap insurance for handicapped drivers. Vehicles with high performance engines, a lack of safety features, or high incidents of liability claims will cost more to insure than more modest models. The list below presents coverage costs for some of the most affordable automobiles to buy insurance for.
| Make, Model, and Trim Level | Estimated Cost for Full Coverage |
|---|---|
| Ford Escape Limited 2WD | $1,087 |
| Honda CR-V EX-L 2WD | $1,093 |
| Hyundai Elantra GLS Touring Station Wagon | $1,163 |
| Toyota Prius | $1,177 |
| Honda Accord LX-P 4-Dr Sedan | $1,200 |
| Toyota Tacoma 2WD | $1,233 |
| Ford Edge SE AWD | $1,242 |
| Toyota RAV4 Limited 2WD | $1,259 |
| Chevrolet Impala LT | $1,267 |
| Jeep Wrangler Unlimited Sahara 2WD 4-Dr | $1,293 |
| Toyota Corolla LE | $1,326 |
| Nissan Rogue S AWD | $1,349 |
| Chevrolet Equinox LTZ AWD | $1,354 |
| Jeep Grand Cherokee Limited 2WD | $1,349 |
| Chevrolet Silverado LS Extended Cab 2WD | $1,355 |
| Ford Fusion SEL 4-Dr Sedan | $1,349 |
| GMC Sierra 3500HD SLE Extended Cab 2WD | $1,372 |
| Chevrolet Malibu LS | $1,377 |
| Ford F-350 Super Cab Harley Edition 2WD | $1,396 |
| Ford Explorer Eddie Bauer AWD | $1,402 |
| Dodge Grand Caravan SXT | $1,407 |
| Ford F-250 XL Super Cab Cabela Package 2WD | $1,440 |
| GMC Sierra Denali Crew Cab 4WD | $1,448 |
| Get a Custom Quote Go | |
Data rating is based on single male driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Oklahoma minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, multi-policy, and homeowner. Rates do not factor in zip code location which can influence price quotes considerably.
Based on these rates, you can infer that cars like the Ford Escape, Honda CR-V, Hyundai Elantra, Toyota Prius, and Honda Accord will be some of the most affordable vehicles to insure for drivers with handicaps.
The illustration below illustrates how your deductible choice can affect insurance costs when getting quotes for cheap insurance for handicapped drivers. The premiums are based on a single female driver, full coverage, and no discounts are applied.
A 30-year-old driver could reduce rates by $406 a year by changing their physical damage coverage from a $100 deductible to a $500 deductible, or save $616 by choosing a $1,000 deductible. Young drivers, such as the Age 20 example, can save $902 annually by choosing larger deductibles on their policy. If you do raise deductibles, it is necessary to have plenty of money set aside to allow you to pay the extra out-of-pocket expense, which is the primary disadvantage of high deductibles.
Oklahoma car insurance companies ranked
Ending up with a high-quality car insurance provider can be difficult considering how many different companies sell coverage in Oklahoma City. The rank data shown below could help you pick which companies you want to consider when comparing rate quotes. These ratings include companies that insure vehicles nationwide, so companies that have a smaller presence will not be included in the list.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
| USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
| Mercury Insurance | 97 | 96 | 88 | 89% | A+ | 93.4 |
| AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
| Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
| Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
| State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
| The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
| Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
| Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Impact of speeding/accidents on car insurance rates
One of the best ways to score good car insurance prices in Oklahoma for drivers with handicaps is to pay attention while driving and avoid accidents and keep your driving record clean. The chart below highlights how speeding tickets and at-fault fender-benders can drive up insurance costs for different age groups of insureds. The premiums assume a married female driver, comprehensive and collision coverage, $100 deductibles, and no discounts are applied.
The data in the chart shows the average cost of a car insurance policy per year with no accidents and a clean driving record is $1,976. Receive two speeding tickets and the average cost swells to $2,818, an increase of $842 each year. Then add one accident along with the two speeding tickets and the annual cost of car insurance for handicapped drivers goes up to an average of $3,659. That’s an increase of $1,683, or $140 per month, just for not being a responsible driver!
The benefit of shopping around
Oklahoma City, OK car insurance rates are impacted by many things that control the price of your policy. Simply improving your credit, moving across town, or getting a ticket for careless driving may cause policy rate changes that can cause some rates to be affordable when they were higher priced.
In addition to those changes, insurers change premium rates as often as every three months in order to remain profitable. An extended period of higher than normal claims can cause higher priced premiums, while profitable underwriting can result in more affordable Oklahoma City car insurance rates.
To illustrate this point, the bar chart below shows which company has the cheapest car insurance in Oklahoma City, OK for a 35-year-old female driver with no prior accidents, a clean driving record, and excellent credit. If we estimate prices based on her personal profile, Oklahoma Farmers Union might quote the best car insurance rates in Oklahoma City at $1,354 each year. This is $613 less than the average price paid by Oklahoma drivers of $1,967. USAA, The Hartford, Farmers, and GEICO are the remaining cheapest Oklahoma City, OK auto insurance companies.
In the next rate comparison, we’ll give the driver from above a claim or two, slightly worse credit, and a speeding ticket. Due to the fact that every insurance company has their own guidelines to determining premium rates, getting updated rate quotes may now show a different set of companies as shown below.
State Farm now has the lowest car insurance rate in Oklahoma City with USAA, Liberty Mutual, Travelers, and Mercury also having competitive pricing. This shows why consumers need to take the time to compare as many rates as possible to find the best insurance rates for handicapped drivers. Rates are impacted by many things and can increase or decrease at any time, so the cheapest rate three years ago may now be an over-priced policy.