If your goal is the lowest price, then the best way to find affordable quotes for auto insurance rates is to compare prices annually from companies in Oklahoma City. You can shop around by following these guidelines.
- Spend a few minutes and learn about how car insurance works and the steps you can take to prevent high rates. Many things that result in higher rates such as traffic violations and poor credit history can be amended by making minor changes in your lifestyle.
- Compare rates from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only give rate quotes from one company like Progressive or Farmers Insurance, while agents who are independent can quote rates for many different companies. Start a quote
- Compare the new rate quotes to the price on your current policy and see if there is a cheaper rate in Oklahoma City. If you find a better price and buy the policy, make sure there is no lapse between the expiration of your current policy and the new one.
- Give notification to your agent or company to cancel the current policy. Submit payment and a completed application for your new coverage. Don’t forget to store the certificate verifying proof of insurance in your glove compartment.
An important part of this process is to try to compare the same liability limits and deductibles on every quote and and to get price estimates from as many companies as you can. Doing this helps ensure a fair rate comparison and a thorough price selection.
Astonishing but true according to a recent study, nearly 70% of customers kept their coverage with the same auto insurance company for over three years, and 38% of customers have never even shopped around for affordable coverage. Most drivers in Oklahoma could save approximately 35% every year, but most tend to underestimate the amount of savings they would get if they replace their high priced policy.
When quoting car insurance, remember that getting more free quotes helps locate more affordable rates.
The companies shown below are ready to provide price quotes in Oklahoma City, OK. If the list has multiple companies, it’s a good idea that you get prices from several of them to get a more complete price comparison.
Three reasons to insure your Chevy Captiva Sport
Despite the high cost of buying insurance for a Chevy Captiva Sport in Oklahoma City, insurance is mandatory in Oklahoma but it also protects more than you think.
- Just about all states have mandatory insurance requirements which means you are required to buy a specific minimum amount of liability insurance if you drive a vehicle. In Oklahoma these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If you bought your Chevy Captiva Sport with a loan, it’s guaranteed your bank will have a requirement that you have comprehensive coverage to guarantee loan repayment. If you do not keep the policy in force, the lender may insure your Chevy at a much higher premium rate and require you to pay for the much more expensive policy.
- Insurance protects not only your Chevy Captiva Sport but also your assets. It will also reimburse you for medical bills for you, any passengers, and anyone injured in an accident. One policy coverage, liability insurance, also pays for attorney fees and expenses in the event you are sued. If damage is caused by hail or an accident, your policy will pay to repair the damage minus the deductible amount.
The benefits of insuring your car definitely exceed the price paid, especially if you ever need it. In a recent study of 1,000 drivers, the average customer is currently overpaying as much as $865 each year so it’s recommended you shop around at every renewal to save money.
Chevy Captiva Sport Insurance Premiums Can Be Lower
One of the most helpful ways to save on car insurance is to to have a grasp of some of the factors that aid in calculating your policy premiums. If you have some idea of what positively or negatively impacts your premiums, this allows you to make educated decisions that may reward you with lower premium levels. Multiple criteria are part of the equation when premium rates are determined. Some are obvious like an MVR report, but others are not quite as obvious such as whether you are married and annual miles driven.
Listed below are some of the factors car insurance companies consider when setting your rate level.
Multiple policies with one company – Most companies will give lower prices for people that have more than one policy such as combining an auto and homeowners policy. Discounts can add up to as much as ten percent or more Even if you qualify for this discount already, it’s always a smart idea to compare Chevy Captiva Sport rates in Oklahoma City to help guarantee you have the best rates.
Better credit means lower prices – Having a bad credit rating can be an important factor in calculating your premium rate. If your credit score is low, you could save money insuring your Chevrolet Captiva Sport by improving your rating. People that have very good credit scores tend to file fewer claims and have better driving records than those with worse credit.
Premiums drop with age – More experienced drivers are shown to be more cautious, tend to cause fewer accidents, and get fewer tickets. Teen drivers are known to get distracted easily in a vehicle and because of this, their car insurance rates are much higher.
High car insurance claims frequency drives up prices – Insurance companies in Oklahoma provide most affordable rates to policyholders who file claims infrequently. If you tend to file frequent claims, you can definitely plan on higher rates. Auto insurance is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.
Does your occupation cost you more? – Occupations like real estate brokers, air traffic controllers, and miners generally have the highest rates in part from high stress and incredibly demanding work hours. On the flip side, occupations like scientists, historians and homemakers pay lower than average rates.
Safety first – Vehicles that have high safety ratings can get you lower premiums. The safest vehicles reduce occupant injuries and lower rates of occupant injuries means less money paid by your insurance company and thus lower rates.
Policy add-ons may not be needed – Insurance companies have many extra bells and whistles that you can get tricked into buying but may not be useful. Add-on coverages like replacement cost coverage, towing coverage, and motor club memberships may not be needed and are just wasting money. You may think they are a good idea when buying your policy, but if they’re wasting money remove them from your policy.
Chevy Captiva Sport claim probability – Companies analyze past claim statistics when they file their rates in each state. Vehicles that tend to have higher prevalence or dollar amount of losses will cost more to insure. The information below illustrates the insurance loss data for Chevy Captiva Sport vehicles.
For each coverage category, the loss probability for all vehicles combined as an average equals 100. Numbers below 100 suggest losses that are better than average, while values that are 100 or greater show a trend for more claims or an increased chance of a larger loss.
| Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Chevrolet Captiva Sport 4dr 2WD | 89 | 95 | 88 | 123 | 115 | 105 |
Statistics from IIHS.org for 2013-2015 Model Years
More effort can pay off
While you’re price shopping online, it’s very important that you do not buy less coverage just to save a little money. In many cases, someone sacrificed physical damage coverage only to find out that their decision to reduce coverage ended up costing them more. Your goal is to purchase plenty of coverage at the best cost, not the least amount of coverage.
Some companies do not provide rate quotes online and usually these regional insurance providers sell through independent agents. Cheap Chevy Captiva Sport insurance in Oklahoma City can be bought on the web and also from your neighborhood Oklahoma City agents, and you need to price shop both so you have a total pricing picture.
Additional car insurance information is located at the links below
- Teen Driver Licensing Information (iihs.org)
- How Much are Car Insurance Rates for Seniors in Oklahoma City? (FAQ)
- What Insurance is Cheapest for a Subaru Forester in Oklahoma City? (FAQ)
- Uninsured Motorists: Threats on the Road (Insurance Information Institute)
- When is the Right Time to Switch Car Insurance Companies? (Allstate)
- Side Impact Crash Tests (iihs.org)
- Older Drivers FAQ (iihs.org)