Do you get exhausted from being strong-armed each month for car insurance? Your situation is no different than millions of other consumers.
It’s a known fact that auto insurance companies don’t want you to compare rates. Insureds who get price comparisons are inclined to switch companies because they have a good chance of finding lower prices. A study discovered that drivers who routinely shopped around saved as much as $865 a year compared to people who never shopped around for better prices.
If finding the lowest rates on insurance in Oklahoma City is your objective, then having a good understanding how to find companies and compare insurance premiums can help make the process easier and more efficient.
Steps to finding low-cost rates for Lexus NX 200t insurance in Oklahoma City
To save the most money, the best way to find lower priced Lexus NX 200t insurance is to do an annual price comparison from companies in Oklahoma City.
First, take a little time to learn about individual coverages and the factors you can control to lower rates. Many policy risk factors that result in higher rates such as inattentive driving and a poor credit rating can be eliminated by making minor driving habit or lifestyle changes. This article gives information to prevent high rates and get additional discounts that may have been overlooked.
Second, obtain price quotes from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can give quotes from a single company like Progressive or Farmers Insurance, while independent agencies can provide price quotes for many different companies.
Third, compare the new rates to your current policy to determine if switching companies saves money. If you can save some money and decide to switch, ensure coverage does not lapse between policies.
The most important part of shopping around is to try to compare the same amount of coverage on every quote and and to get prices from as many carriers as you can. This helps ensure an apples-to-apples comparison and and a good selection of different prices.
Consumers have so many auto insurance companies to pick from, and although it’s a good thing to have a choice, more choices can make it harder to compare rates for Lexus NX 200t insurance in Oklahoma City.
How to get Oklahoma City Lexus NX 200t insurance rate quotes
Reducing your insurance rates is a fairly straight forward process. Just take the time getting comparison quotes online with multiple companies.
It’s so simple to compare car insurance rate quotes online makes it a waste of time to drive around to insurance agents’ offices. Doing it all online eliminates the middleman unless you have a complicated situation and need the advice and guidance that can only be provided by a licensed insurance agent. If you prefer, some companies allow you to get prices online but still have the advice of a local agent.
The auto insurance companies shown below have been selected to offer quotes in Oklahoma. If multiple companies are listed, we suggest you visit several of them to get the best price comparison.
Three main reasons to buy insurance
Even though Oklahoma City NX 200t insurance rates can get expensive, insurance is most likely required but also gives you several important benefits.
- Most states have minimum mandated liability insurance limits which means the state requires a specific level of liability insurance in order to drive the car legally. 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 your Lexus has a lienholder, almost every bank will require that you have physical damage coverage to ensure the loan is repaid in case of a total loss. If you do not keep the policy in force, the bank will be required to insure your Lexus at a more expensive rate and make you pay for it.
- Insurance preserves both your assets and your vehicle. It will also pay for all forms of medical expenses for you, your passengers, and anyone else injured in an accident. Liability insurance, one of your policy coverages, will also pay to defend you in the event you are sued. If your vehicle suffers damage from an accident or hail, comprehensive and collision coverage will pay to repair the damage minus the deductible amount.
The benefits of buying insurance are definitely more than the cost, specifically if you ever have a liability claim. But the average driver in Oklahoma is overpaying more than $800 each year so smart consumers compare quotes at every policy renewal to ensure rates are inline.
Smart Consumers Know How to Find Car Insurance More Affordably
When buying car insurance it’s important to understand some of the factors that help determine the level of your policy premiums. When you understand what impacts premium levels, this enables you to make decisions that will entitle you to lower rates.
Shown below are some of the most rate-impacting factors utilized by car insurance companies to help set prices.
With age comes lower premiums – Older drivers tend to be more responsible, tend to cause fewer accidents, and tend to be get fewer driving tickets. Teen drivers tend to be easily distracted when driving therefore car insurance rates are much higher.
Proper usage rating affects rates – The more you drive each year the more it will cost to insure it. Most insurance companies charge rates based on their usage. Cars and trucks that have low annual miles can be on a lower rate level than cars that get driven a lot. Having an incorrect usage rating on your NX 200t may be wasting your money. Make sure your declarations sheet properly reflects the correct usage, because improper ratings can cost you money.
Car features impact prices – Buying a car with a theft deterrent system can help lower your premiums. Anti-theft features such as OnStar, LoJack tracking, and tamper alarms can thwart your car from being stolen.
Safer vehicles save money – Vehicles that have high safety ratings can get you lower premiums. The safest vehicles have better occupant injury protection and lower injury rates translates into fewer and smaller insurance claims passed on to you as lower rates.
Prevent car insurance lapses – Not having insurance can get your license suspended and you will pay a penalty because you let your coverage lapse. And not only will your rates increase, the inability to provide proof of insurance will get you a license revocation or jail time.
Certain vocations raise rates – Occupations such as lawyers, social workers, and miners usually pay the highest rates due to intense work situations and lengthy work days. On the flip side, occupations like farmers, historians and retirees have the lowest average rates.
Lower rates by qualifying for discounts
Auto insurance companies don’t always publicize every possible discount in an easy-to-find place, so here is a list both well-publicized as well as the least known discounts that you can inquire about if you buy Oklahoma City auto insurance online. If you’re not getting every credit you deserve, you’re just leaving money on the table.
- Early Signing – Some car insurance companies provide a discount for buying a new policy prior to your current NX 200t insurance policy expiring. This can save 10% or more.
- Low Mileage – Low mileage vehicles could be rewarded with cheaper rates.
- Payment Method – By making one initial payment as opposed to paying monthly you can actually save on your bill.
- Memberships – Affiliation with qualifying employment or professional organizations may earn a discount on your policy.
- Driver’s Education for Students – Cut your cost by having your teen driver complete a driver education course as it will make them better drivers and lower rates.
- Distant College Student Discount – College-age children who live away from home to go to college and won’t have access to an insured vehicle can receive lower rates.
- Seat Belts Save – Forcing all vehicle occupants to fasten their seat belts could cut 10% or more off the PIP or medical payment premium.
You can save money using discounts, but most of the big mark downs will not be given to the entire policy premium. Most only reduce specific coverage prices like collision or personal injury protection. So despite the fact that it appears you can get free auto insurance, insurance companies wouldn’t stay in business.
Popular car insurance companies and some of the premium reductions they offer include:
- Farmers Insurance policyholders can earn discounts including mature driver, alternative fuel, youthful driver, business and professional, good student, homeowner, and multi-car.
- State Farm may offer discounts for driver’s education, multiple autos, accident-free, Drive Safe & Save, and passive restraint.
- Liberty Mutual includes discounts for hybrid vehicle, newly retired, newly married, teen driver discount, and exclusive group savings.
- MetLife discounts include good driver, good student, claim-free, defensive driver, and multi-policy.
- Progressive may include discounts for multi-vehicle, online quote discount, multi-policy, continuous coverage, homeowner, online signing, and good student.
If you are trying to find affordable Oklahoma City auto insurance quotes, ask all the companies which discounts you qualify for. Some discounts listed above may not apply to policies in Oklahoma City. To see providers who offer cheap Lexus NX 200t insurance quotes in Oklahoma, click here to view.
Comparing rates from local Oklahoma City car insurance agents
A small number of people would prefer to have an agent’s advice and we recommend doing that Good agents are highly skilled in risk management and will help you if you have claims. One of the benefits of price shopping on the web is that drivers can save money and get cheap auto insurance quotes and still have an agent to talk to. Buying from local agents is especially important in Oklahoma City.
To make it easy to find an agent, after completing this short form, the quote information is emailed to local insurance agents in Oklahoma City that can provide free Oklahoma City auto insurance quotes for your auto insurance coverage. It’s much easier because you don’t need to even leave your home as quotes are delivered to you. If you have a need to compare rates from a specific auto insurance provider, don’t hesitate to navigate to their website and fill out the quote form the provide.
When searching for a reputable agency, you should know the types of agencies and how they are distinctly different. Auto insurance agents in Oklahoma City are either independent or exclusive depending on the company they work for. Either type can write policy coverage, but it’s a good idea to understand the differences since it may influence the type of agent you choose.
Independent Agencies or Brokers
These agents do not have single company limitations so they can write business with an assortment of companies and find you cheaper rates. If your agent finds better pricing, your policy is moved internally which makes it simple for you.
If you are comparing auto insurance prices, it’s recommended you include at a minimum one independent agency to get the best comparison.
The following is a short list of independent agencies in Oklahoma City that can give you free auto insurance rate quotes.
Multi Quote Insurance
2101 SW 71st St – Oklahoma City, OK 73159 – (405) 604-5999 – View Map
Premier Insurance
3232 W Britton Rd # 150 – Oklahoma City, OK 73120 – (405) 285-4040 – View Map
Ledbetter Insurance and Risk
1000 NW Grand Blvd #110 – Oklahoma City, OK 73118 – (405) 840-9090 – View Map
Exclusive Insurance Agencies
These agents have only one company to place business with and examples are Allstate, AAA, Farmers Insurance, and State Farm. They are unable to provide other company’s prices so keep that in mind. They receive a lot of sales training on their company’s products which aids in selling service over price.
The following is a list of exclusive insurance agencies in Oklahoma City that can give you price quote information.
Tom Woodward – State Farm Insurance Agent
4401 W Memorial Rd #115 – Oklahoma City, OK 73134 – (405) 755-5958 – View Map
Farmers Insurance: Todd Jackson
5909 Northwest Expy #105 – Oklahoma City, OK 73132 – (405) 722-5858 – View Map
Mai McCoy – State Farm Insurance Agent
2800 N Classen Blvd #105 – Oklahoma City, OK 73106 – (405) 524-3327 – View Map
Choosing an insurance agency is decision based upon more than just a cheap quote. These questions are important to ask:
- Do they have cheaper tiers of coverage?
- Are all drivers listed on the coverage quote?
- Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
- What insurance companies do they work with in Oklahoma City?
- Will the company cover a rental car if your car is getting fixed?
- Is vehicle damage repaired with OEM or aftermarket parts?
Car insurance companies ranked
Picking a high-quality car insurance company can be rather challenging considering how many different companies insure vehicles in Oklahoma. The ranking data shown below may help you analyze which car insurance companies to look at comparing rates from.
| 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 |
| Titan Insurance | 86 | 82 | 92 | 86% | A+ | 86.5 |
| 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 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
More comparisons equals cheap rates
When trying to cut insurance costs, it’s not a good idea to buy less coverage just to save a little money. There are many occasions where an accident victim reduced physical damage coverage and discovered at claim time that the savings was not a smart move. The ultimate goal is to find the BEST coverage at the lowest possible cost, not the least amount of coverage.
Some companies do not offer price quotes online and many times these small, regional companies prefer to sell through independent insurance agents. The cheapest Lexus NX 200t insurance in Oklahoma City can be bought from both online companies as well as from independent agents in Oklahoma City, and you should compare rates from both in order to have the best price selection to choose from.
Steps to finding affordable Lexus NX 200t insurance in Oklahoma City
If saving the most money is your goal, then the best way to quote cheaper Lexus NX 200t insurance is to regularly compare price quotes from insurers in Oklahoma City. Rate comparisons can be done by following these steps.
- It will benefit you to learn about what coverages are included in your policy and the things you can change to lower rates. Many rating factors that result in higher prices like distracted driving and your credit history can be eliminated by paying attention to minor details.
- Compare prices from direct, independent, and exclusive agents. Exclusive and direct companies can only give rate quotes from one company like Progressive or Farmers Insurance, while independent agents can quote prices from many different companies. View prices
- Compare the new rate quotes to your current policy to see if a cheaper rate is available in Oklahoma City. If you find a lower rate and buy the policy, make sure there is no lapse between the expiration of your current policy and the new one.
A good tip to remember is to make sure you’re comparing identical limits and deductibles on each price quote and and to look at as many auto insurance providers as possible. This ensures a level playing field and maximum price selection.
Additional information can be found at the links below
- Where can I buy Insurance? (Insurance Information Institute)
- Who Has Cheap Oklahoma City Car Insurance Quotes for a Company Car? (FAQ)
- Who Has Cheap Car Insurance for High Mileage Drivers in Oklahoma City? (FAQ)
- Who Has Affordable Oklahoma City Auto Insurance for Drivers with Bad Credit? (FAQ)
- Alcohol Impaired Driving FAQ (iihs.org)
- Teen Driving Statistics (GEICO)