The words “economical” and “insurance” probably shouldn’t be used together, in particular when trying to find the best car insurance rates for inexperienced drivers. In an attempt to save some money, let’s lead off by showing you some of the factors that can significantly affect car insurance rates, and figure out some ideas to reduce the price of the next policy you buy.
One of the more important things that are used to help calculate the annual cost of car insurance is where you keep your vehicle in Oklahoma City. Regions with larger populations or more claims are more likely to pay higher prices, whereas areas with less crime or weather claims benefit from lower prices.
The table below ranks the most expensive cities in Oklahoma for inexperienced drivers to buy auto insurance in. Oklahoma City is ranked at #10 with a yearly cost of $2,113 for car insurance, which is about $176 monthly.
| Rank | City | Average Per Year |
|---|---|---|
| 1 | Tulsa | $2,215 |
| 2 | Sand Springs | $2,205 |
| 3 | Midwest City | $2,184 |
| 4 | Del City | $2,177 |
| 5 | Bethany | $2,157 |
| 6 | Broken Arrow | $2,151 |
| 7 | Owasso | $2,148 |
| 8 | Bixby | $2,147 |
| 9 | Moore | $2,132 |
| 10 | Oklahoma City | $2,113 |
| 11 | Sapulpa | $2,081 |
| 12 | Norman | $2,075 |
| 13 | Edmond | $2,063 |
| 14 | Yukon | $2,015 |
| 15 | Bartlesville | $2,000 |
| 16 | Claremore | $1,987 |
| 17 | Shawnee | $1,968 |
| 18 | Ponca City | $1,956 |
| 19 | Enid | $1,942 |
| 20 | Stillwater | $1,931 |
| 21 | Lawton | $1,922 |
| 22 | Muskogee | $1,905 |
| 23 | Ardmore | $1,879 |
| 24 | Duncan | $1,866 |
| 25 | Altus | $1,820 |
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Rate information is comparative as vehicle location can influence premium rates greatly.
The vehicle model requiring coverage is one of the largest factors that determines the availability of the most affordable auto insurance for inexperienced drivers. Vehicles with limited speed and performance, good crash test ratings, or a track record of few liability claims will cost substantially less to insure than higher performance models. The list below ranks car insurance rates for some of the cheaper automobiles to buy insurance for.
| Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Honda Accord LX-P 4-Dr Sedan | $1,142 |
| Ford Focus SE 4-Dr Sedan | $1,158 |
| Toyota Camry LE | $1,181 |
| Ford Explorer Eddie Bauer AWD | $1,203 |
| Dodge Ram 3500 Crew Cab Laramie 2WD | $1,210 |
| Toyota Tacoma Double Cab TRD Sport Package 4WD | $1,203 |
| Ford Escape XLS 2WD | $1,221 |
| Toyota Corolla XLE | $1,242 |
| Ford Edge Sport AWD | $1,252 |
| Honda CR-V EX-L 4WD | $1,251 |
| Ford Fusion Sport 4-Dr Sedan | $1,264 |
| Nissan Altima Hybrid 4-Dr Sedan | $1,271 |
| GMC Sierra 2500HD SLE Regular Cab 4WD | $1,264 |
| Jeep Wrangler Sahara 4WD 2-Dr | $1,283 |
| Dodge Ram Quad Cab TRX4 Off Road 2WD | $1,287 |
| Kia Optima EX | $1,348 |
| Dodge Grand Caravan Hero | $1,353 |
| Jeep Grand Cherokee Laredo 4WD | $1,363 |
| Toyota RAV4 Limited 2WD | $1,353 |
| Chevrolet Impala LT | $1,359 |
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Data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Oklahoma minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, multi-vehicle, and homeowner. Premium amounts do not factor in specific garaging location which can affect auto insurance rates greatly.
Based upon the rates shown, we can assume that vehicles like the Honda Accord, Ford Focus, Toyota Camry, and Ford Explorer are most likely to be the cheapest vehicles to insure for new drivers.
Violations and accidents raise rates
The ideal way to receive low car insurance rates in Oklahoma for new drivers is to be an attentive driver and avoid tickets and accidents. The information below highlights how traffic violations and at-fault claims can increase yearly insurance costs for different age groups of insureds. The premium estimates are based on a married male driver, comprehensive and collision coverage, $250 deductibles, and no discounts are factored in.
The data above shows the average cost of an auto insurance policy in Oklahoma per year with a clean driving record and no accidents is $2,724. Get two speeding tickets and the average cost hikes up to $3,769, an increase of $1,045 each year. Then include two accidents along with the two speeding tickets and the yearly cost of car insurance for inexperienced drivers jumps again to an average of $7,594. That’s an increase of $4,870, or $406 per month, just for not driving responsibly!
Selecting a highly-rated company is difficult considering how many choices there are in Oklahoma. The information listed below may help you pick which coverage providers to look at when comparing rate quotes.
The ratings below are for the largest auto insurers in America, so companies without a large exposure are not included in these rankings. If you’d like to compare prices from these top insurers and more, just click here.
| 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 |
| American Family | 91 | 86 | 95 | 83% | A | 89.7 |
| Esurance | 86 | 90 | 94 | 90% | A+ | 89.5 |
| The General | 86 | 93 | 89 | 84% | A- | 88.2 |
| GEICO | 79 | 89 | 95 | 87% | A++ | 87.8 |
| 21st Century | 86 | 82 | 90 | 84% | A | 86.4 |
| Liberty Mutual | 79 | 87 | 95 | 78% | A | 85.3 |
| Farmers Insurance | 77 | 80 | 80 | 84% | A | 80.3 |
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Data Source: Insure.com Best Car Insurance Companies
Why you should compare rates
Oklahoma City, OK car insurance rates are based on many factors that may substantially change the cost of a policy. Simply having another birthday, buying a different vehicle, or having an accident may cause policy rate changes resulting in some rates now being cheaper than competitors.
Also, car insurance companies change premium rates every year as an adjustment for underwriting gains or losses. A period of higher than normal claims may cause increased policy costs, while less frequent claims may cause cheaper Oklahoma City car insurance rates.
The data below shows which company has the cheapest car insurance in Oklahoma City, OK for a 40-year-old male driver with no prior claims, no tickets, and good financial standing. If we estimate prices based on his current situation, USAA offers the best car insurance rates in Oklahoma City at $1,302 each year. This is $665 less than the average rate paid by Oklahoma drivers of $1,967. Oklahoma Farmers Union, The Hartford, GEICO, and Farmers are the rest of the most affordable Oklahoma City, OK auto insurance companies.
In this example, we will give the driver from the first rate comparison a chargeable accident, slightly worse credit, and a speeding citation. Since every insurance provider has a different formula for determining rates in each state, comparing quotes could now result in a new list of affordable Oklahoma City car insurance companies as shown below.
State Farm now has the cheapest insurance rate in Oklahoma City, OK with Oklahoma Farmers Union, Liberty Mutual, The Hartford, and Safe Auto also having competitive pricing. This illustrates why it is critical to spend some time comparing rates to find cheap auto insurance quotes for inexperienced drivers.
Insurance rates can be determined by many factors and can change substantially, so the cheapest company the last time you shopped around may now be one of the higher cost companies.
The auto insurance agents in Oklahoma City shown below can most likely aid you in deciding which auto insurance coverages would be the best in your situation, as some people have coverage questions and would like to have a consultation when comparing insurance rates for new drivers. It’s not always easy to find the best policy yourself, so agents can provide you comfort knowing your coverage gives you decent coverage if you have a claim. To find an auto insurance agency close to where you live, click the button at the bottom.
Anderson Insurance
10325 Greenbriar Pl – Oklahoma City, OK 73159 – (405) 794-9500
Bob Stockton – State Farm Insurance Agent
4625 N May Ave – Oklahoma City, OK 73112 – (405) 943-8373
Ken Whitt – State Farm Insurance Agent
4430 N W 50th M – Oklahoma City, OK 73112 – (405) 947-2812