Affordable Insurance for a Ford Focus in Oklahoma City

It’s a known fact that car insurance companies want to keep you from shopping around. Drivers who shop around annually will most likely switch to a new company because there is a good probability of finding coverage at a more affordable price. A recent auto insurance study discovered that drivers who regularly compared price quotes saved approximately $850 each year compared to those who never compared rates.

If finding budget-friendly Ford Focus insurance in Oklahoma City is your objective, then having an understanding of how to shop for car insurance can help make the process easier.

It takes a few minutes, but the best way to find affordable Ford Focus insurance in Oklahoma City is to compare prices regularly from insurance carriers in Oklahoma.

First, try to learn about how your policy works and the factors you can control to keep rates in check. Many policy risk factors that increase rates like accidents, traffic violations, and a not-so-good credit rating can be eliminated by being financially responsible and driving safely. Later in this article we will cover more details to prevent high rates and find discounts that may have been missed.

Second, quote rates from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only give prices from a single company like Progressive or Farmers Insurance, while agents who are independent can provide price quotes from multiple sources. View a list of agents

Third, compare the new quotes to your existing rates to see if a cheaper price is available. If you can save money and decide to switch, ensure coverage does not lapse between policies.

A key point to remember is to use similar coverage information on every quote request and and to get price quotes from as many companies as possible. This ensures a level playing field and a thorough price selection.

If you currently have car insurance, you will most likely be able to cut your premiums using the following tips. Our goal in writing this article instruct you on how car insurance works and some money-saving tips. Nevertheless, Oklahoma drivers need to have an understanding of the methods companies use to price online insurance because it can help you find the best coverage.

Companies offering competitive Ford Focus price quotes in Oklahoma City, OK

The companies in the list below can provide price comparisons in Oklahoma City, OK. If multiple companies are listed, we suggest you compare several of them in order to get a fair rate comparison.

Coverage statistics and figures

The rate table displayed below covers detailed analysis of insurance premium costs for Ford Focus models. Learning more about how insurance policy rates are formulated can assist in making decisions on the best policy to buy.

Data rating is based on single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Oklahoma minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, homeowner, and claim-free. Prices do not factor in specific zip code location which can lower or raise insurance rates greatly.

Higher deductibles lower rates

When buying auto insurance, a common question is where to set your physical damage deductibles. The data tables below outline the rate fluctuation when you buy lower versus higher comp and collision deductibles. The first rate table uses a $250 deductible for physical damage and the second data table uses a $1,000 deductible.

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Oklahoma minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, multi-vehicle, and safe-driver. Table data does not factor in garaging location in Oklahoma City which can raise or lower auto insurance rates substantially.

Based on this data, we can arrive at the conclusion that using a $250 deductible will cost in the ballpark of $33 more each month or $396 a year across all Ford Focus models than choosing the higher $1,000 deductible. Since the policyholder would be required to pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you normally go more than 23 months between claims, you would save money by going with a higher deductible.

The chart below highlights how deductible choice and can affect Ford Focus insurance costs for each age group. The premiums assume a single female driver, comp and collision included, and no policy discounts are applied.

Irresponsible driving raises your rates

The illustration below shows how speeding tickets and at-fault accidents can influence Ford Focus premium costs for different age categories. The data is based on a single male driver, comprehensive and collision coverage, $250 deductibles, and no discounts are applied.

Difference between liability only and full coverage rates

The information below shows the difference between Ford Focus insurance premiums with and without full coverage. The data assumes no claims or violations, $100 deductibles, marital status is single, and no discounts are factored in.

When to stop paying for full coverage

There is no set rule of when to stop paying for full coverage, but there is a general guideline you can use. If the annual cost of comprehensive and collision coverage is 10% or more of replacement cost minus your deductible, then you might want to think about dropping full coverage.

For example, let’s say your Ford Focus replacement cost is $9,000 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, you would only receive $8,000 after you pay the deductible. If you are paying over $800 annually for physical damage coverage, then it may be the right time to buy liability only.

There are some circumstances where dropping full coverage is not a good plan. If you haven’t satisfied your loan, you have to carry full coverage in order to prevent your loan from defaulting. Also, if you don’t have enough money to buy a different vehicle in case of an accident, you should keep full coverage.

Learn How to Lower Your Insurance Premiums

Multiple criteria are part of the calculation when you get your auto insurance bill. Some factors are common sense like your driving record, but others are more obscure such as whether you are married and annual miles driven.

• Better prices with anti-theft devices – Owning a car with a theft deterrent system can help lower your premiums. Anti-theft devices like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all help stop car theft.
• Pay more of a claim out-of-pocket – Physical damage deductibles define the amount you are required to spend if a claim is determined to be covered. Insurance for physical damage, also called comprehensive and collision insurance, covers damage that occurs to your car. Some examples of claims that would be covered are a windshield broken by a bird, collision with a deer, and damage from wind. The more damage repair cost you’re willing to pay, the less money you will pay for auto insurance.
• Do you save by driving less? – Driving a lot of miles annually the more it will cost to insure it. Most companies charge rates based on their usage. Cars that sit idle most of the time can get a lower rate than those used for commuting. Make sure your vehicle rating reflects how each vehicle is driven. An improperly rated Focus can result in significantly higher rates.
• Always have auto insurance – Having a lapse in insurance coverage is a fast way to bump up your auto insurance costs. Not only will you pay more, failure to provide proof of insurance can result in fines or a revoked license.
• Credit score impacts prices – Credit score can be a huge factor in determining premium rates. So if your credit score leaves room for improvement, you could be paying less to insure your Ford Focus by taking the time to improve your credit score. People that have high credit ratings tend to be better risks to insure as compared to drivers with poor credit scores.

• Ford Focus claim data – Auto insurance companies analyze the history of losses to help calculate premium costs. Models that have a higher amount or frequency of claims will have higher rates for specific coverages. The table below illustrates the actual insurance loss data for Ford Focus vehicles.

  For each coverage type, the loss probability for all vehicles as a whole is considered to be 100. Values that are under 100 mean the vehicle has better than average losses, while numbers shown that are more than 100 indicate more frequent losses or an increased probability of a larger loss.

  
  

  Ford Focus Insurance Claim Statistics

  Vehicle Make and Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Ford Focus	106	98	90	103	109	111
  Ford Focus Electric	87	85	66

  BETTER

  AVERAGE

  WORSE

  Empty fields indicate not enough data collected
  Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Lower your auto insurance rates with discounts

The price of auto insurance can be rather high, but there are discounts available that could drop your premiums quite a bit. A few discounts will be applied when you purchase, but once in a while a discount must be specifically requested in order for you to get them.

• Defensive Driver – Successfully completing a driver safety course may get you a small discount and easily recoup the cost of the course.
• E-sign – Some of the larger companies will provide an incentive just for signing your application on their website.
• Policy Bundle Discount – When you combine your home and auto insurance with one insurance company you may earn as much as 10 to 15 percent.
• Data Collection Discounts – Insureds who allow data collection to monitor driving habits by using a telematics device in their vehicle such as Snapshot from Progressive or Drivewise from Allstate could see a rate decrease as long as they are good drivers.
• Active Service Discounts – Being deployed with a military unit could mean lower prices.
• Discount for Low Mileage – Driving fewer miles may enable drivers to earn cheaper rates.
• Responsible Driver Discount – Drivers without accidents can pay as much as 50% less than less cautious drivers.
• Claim-Free Discount – Drivers who don’t have accidents have much lower rates when compared to drivers who are more careless.
• Membership in Organizations – Being a member of certain professional organizations is a good way to get lower rates when shopping for auto insurance.
• Sign Early and Save – A few auto insurance companies offer discounts for switching companies prior to your current Focus insurance policy expiration. You could save around 10% when you buy Oklahoma City auto insurance online.

Discounts save money, but please remember that many deductions do not apply to the entire cost. Most only apply to specific coverage prices like collision or personal injury protection. So even though it sounds like adding up those discounts means a free policy, auto insurance companies aren’t that generous.

The diagram below illustrates the comparison of Ford Focus annual premium costs with and without discounts applied to the rates. The premium estimates are based on a female driver, a clean driving record, no at-fault accidents, Oklahoma state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, multi-policy, homeowner, marriage, claim-free, and safe-driver discounts applied.

For a list of auto insurance companies that have a full spectrum of discounts in Oklahoma City, follow this link.

Can’t I compare rates from local Oklahoma City auto insurance agents?

Some consumers just want to sit down and talk to an agent and that can be a great decision One of the benefits of price shopping on the web is the fact that drivers can get cheaper prices and still have a local agent. Buying from and supporting neighborhood agents is important especially in Oklahoma City.

For easy comparison, once you complete this quick form, your insurance data is submitted to agents in your area who want to provide quotes for your business. You never need to leave your computer because quoted prices will be sent to your email. You’ll get the best rates and a licensed agent to talk to. If you wish to compare rates from a specific company, just go to their quote page and complete a quote there.

When narrowing the list to find a reputable agency, you need to know there are two different agency structures and how they can write your policy. Insurance agents in Oklahoma City can either be independent or exclusive.

Independent Agents (or Brokers)

These type of agents are not employed by one company so they can quote policies with multiple insurance companies and possibly get better coverage at lower prices. If premiums increase, the agent simply finds a different carrier and you won’t have to switch agencies.

When shopping rates, you should always get some free quotes from a few independent agents so that you have a good selection of quotes to compare. Many write coverage with different regional companies that may provide cheaper insurance rates.

Featured below is a list of independent agencies in Oklahoma City who can help you get pricing information.

• AIM Insurance Agency LLC
  3200 N May Ave – Oklahoma City, OK 73112 – (405) 949-9977 – View Map
• Knight’s Insurance Agency
  3825 NW 23rd St – Oklahoma City, OK 73107 – (405) 946-0111 – View Map
• Professional Insurors Agency, LLC
  7301 Broadway Ext – Oklahoma City, OK 73116 – (405) 843-9191 – View Map

More Oklahoma City agents

Exclusive Insurance Agents

These agents have only one company to place business with such as American Family, State Farm, and Allstate. They are unable to shop your coverage around so always compare other rates. These agents are well trained on their company’s products and that can be a competitive advantage. Many people use the same exclusive agent partially due to the brand legacy instead of buying on price only.

Below is a short list of exclusive insurance agents in Oklahoma City that are able to give price quote information.

• Ken Shelton – State Farm Insurance Agent
  10901 S Western Ave a – Oklahoma City, OK 73170 – (405) 378-0407 – View Map
• Matt Pryor – State Farm Insurance Agent
  2229 NW 138th St d – Oklahoma City, OK 73134 – (405) 749-8100 – View Map
• Allstate Insurance: Eva Herrera
  2519 NW 23rd St #140 – Oklahoma City, OK 73107 – (405) 301-8162 – View Map

More Oklahoma City agents

Deciding on an auto insurance agent requires more thought than just a cheap price quote. The answers to these questions are important, too.

• Will you get a loaner vehicle if you car is being repaired?
• Does the agent have a valid license to sell insurance in Oklahoma?
• Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
• How is replacement cost determined on your vehicle?
• What kind of financial rating does the company have?
• Do they feel the quoted coverages are adequate?

Don’t give up on affordable rates

When getting Oklahoma City auto insurance quotes online, it’s not a good idea to sacrifice coverage to reduce premiums. There are too many instances where consumers will sacrifice liability limits or collision coverage only to find out that the savings was not a smart move. Your strategy should be to purchase a proper amount of coverage for the lowest cost but still have enough coverage for asset protection.

We’ve covered a lot of ways to get a better price on Ford Focus insurance in Oklahoma City. The key thing to remember is the more you quote Oklahoma City auto insurance, the better your chances of lowering your prices. You may even be surprised to find that the lowest priced car insurance comes from a small local company.

Cheaper Ford Focus insurance in Oklahoma City can be purchased online as well as from independent agents in Oklahoma City, so you should compare both to get a complete price analysis. Some companies may not offer price quotes online and many times these smaller providers only sell coverage through independent agencies.

More detailed car insurance information can be found in the articles below:

• Honda warning system reduces insurance claims (Insurance Institute for Highway Safety)
• Who Has Cheap Oklahoma City Auto Insurance for a GMC Sierra? (FAQ)
• Who Has the Cheapest Oklahoma City Car Insurance for a Nissan Sentra? (FAQ)
• Air Bags: Potential Dangers to Your Children (Insurance Information Institute)
• Distracted Driving Statistics (Insurance Information Institute)