Popular Tricks for Buying Broken Arrow Car Insurance for Less Money

Did you fall for a flashy sales pitch and buy an underperforming, overpriced car insurance policy? Trust us, there are many Broken Arrow consumers feeling the pinch from expensive car insurance.

Drivers have multiple auto insurance companies to pick from, and even though it’s nice to have multiple companies, it makes it harder to adequately compare rates.

Broken Arrow Car Insurance Prices Online

Most companies give insurance quotes directly from their websites. Obtaining pricing is quite easy as you simply enter your coverage information into a form. When the form is submitted, the company’s rating system will obtain your credit score and driving record and quotes a price based on many factors. Online quotes simplifies rate comparisons, but the time required to go to a lot of sites and complete many quote forms is not the best way to spend an afternoon. But it’s very important to do this in order to get a lower rate.

An easier way to compare rates uses one simple form that gets prices from many companies. It’s a real time-saver, helps eliminate reptitive entry, and makes online price comparison much more enjoyable. As soon as you send your information, it gets priced with multiple companies and you can pick your choice of the quotes that you receive. If you find a better price you can click and sign and buy the policy. The whole process can be completed in a matter of minutes and can result in significant savings.

If you want to find out if lower rates are available, simply click here to open in new window and enter your vehicle and coverage information. If you have coverage now, it’s recommended you copy the insurance coverages just like they are on your policy. This way, you will have a rate comparison for the exact same coverage.

Save big with these discounts

Companies that sell car insurance do not advertise all available discounts in a way that’s easy to find, so here is a list both well-publicized and the harder-to-find savings tricks you should be using.Broken Arrow Oklahoma insurance ad

  • Anti-lock Brakes – Vehicles with anti-lock braking systems are safer to drive and will save you 10% or more.
  • Distant Student – Youth drivers who attend school more than 100 miles from home and do not have access to a covered vehicle can be insured at a reduced rate.
  • Passive Restraint Discount – Cars that have air bags or motorized seat belts can qualify for discounts of up to 25% or more.
  • Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems help deter theft and earn discounts up to 10%.
  • New Vehicle Savings – Insuring a new car can be considerably cheaper because new vehicles have to meet stringent safety requirements.

It’s important to note that most discounts do not apply to the entire policy premium. Most only apply to the price of certain insurance coverages like medical payments or collision. Even though it may seem like it’s possible to get free car insurance, companies wouldn’t make money that way.

To see a list of insurers with the best car insurance discounts in Oklahoma, click here.

Lower the Price of Insurance with These Tips

An important part of buying insurance is that you know the factors that go into determining the price you pay for car insurance. Understanding what controls the rates you pay allows you to make educated decisions that will entitle you to big savings.

Listed below are some of the factors companies use to determine prices.

  • Liability coverage is cheap – Liability insurance is the coverage that protects you if you are found to be at fault for causing damage or personal injury in an accident. Liability provides legal defense up to the limits shown on your policy. Carrying liability coverage is mandatory and cheap compared to physical damage coverage, so do not skimp.
  • How credit affects car insurance rates – Your credit rating is a large factor in your rate calculation. Consumers who have excellent credit tend to be less risk to insure than drivers with lower credit ratings. Therefore, if your credit rating can use some improvement, you could potentially save money when insuring your by repairing your credit.
  • Rates may be higher depending on your occupation – Did you know that where you work can have an impact on rates? Jobs such as doctors, social workers and financial analysts have higher average rates attributed to job stress and lengthy work days. Conversely, professions such as pilots, engineers and performers get better rates.
  • Men fork out a little more – Statistics show that women are safer drivers than men. Now that doesn’t mean women are better drivers. Men and women cause accidents in similar numbers, but men tend to have more serious accidents. Men also have more aggressive citations such as reckless driving.
  • Where you reside plays a part – Living in a small town can save you money when buying car insurance. City drivers have traffic congestion and much longer commute distances. Fewer people means reduced accidents and a lower car theft rate.
  • Special features that cut premiums – Choosing a vehicle with an alarm system can help lower your rates. Anti-theft features like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart car theft.
  • Do you need those extra coverages? – There are a ton of extra bells and whistles that you can buy on your car insurance policy. Coverages for vanishing deductibles, towing coverage and term life insurance are examples of these. These may sound like a good investment when talking to your agent, but if they’re wasting money eliminate them to save money.

More detailed Oklahoma car insurance information is located at the Oklahoma Insurance Department website. Oklahoma consumers can find disaster information, download brochures, and view agent and company licensing information.

How can GEICO, State Farm and Progressive save drivers who switch?

Car insurance providers like GEICO, State Farm and Progressive regularly use ads on television and other media. They all make the same claim that you can save if you move your policy. But how can every company make the same claim? It’s all in the numbers.

All companies are able to cherry pick for the type of customer that is profitable for them. For instance, a preferred risk might be profiled as over the age of 40, owns a home, and chooses high deductibles. A propective insured who meets those qualifications will get the preferred rates and most likely will save when they switch companies.

Broken Arrow Oklahoma insurance ad

Potential customers who do not match the “perfect” profile will be quoted a more expensive rate and this can result in the driver buying from a lower-cost company. The ads say “customers that switch” not “everyone that quotes” save money. This is how companies can advertise the savings. This emphasizes why you should get a wide range of price quotes. Because you never know which company will give you the biggest savings.

Compare but don’t skimp

When shopping online for car insurance, it’s very important that you do not buy less coverage just to save a little money. There have been many situations where an insured dropped liability limits or collision coverage only to regret that the few dollars in savings costed them thousands. The proper strategy is to buy enough coverage at the best price, not the least amount of coverage.

Discount car insurance is definitely available on the web and with local Broken Arrow insurance agents, so compare prices from both in order to have the best price selection to choose from. Some car insurance companies do not offer online price quotes and most of the time these small insurance companies sell through independent agents.