Numerous options exist for Oklahoma drivers seeking car insurance. Here’s the latest available information on how to get the sweetest possible deal on car insurance in the state of Oklahoma. Read on for recent rates, laws, hidden discounts and helpful hints on choosing the Oklahoma auto insurance package that best suits your individual needs.
Oklahoma Minimum Liability Coverage
The minimum requirement for auto insurance coverage in Oklahoma is $25,000 in Personal Injury Protection, $50,000 in coverage for others who are injured and $25,000 in coverage against property damage. Insurance carriers know this minimum as 25/50/25. However, experts recommend at least 100./300 coverage in order to cover the real costs associated with an auto accident. Also recommended is Uninsured Motorist Insurance (UMI).
Penalties for Driving Without Insurance in Oklahoma
Statistical estimates indicate that roughly 24% of drivers in the state of Oklahoma are driving uninsured vehicles. In fact, Oklahoma has the fourth highest rate of uninsured motorists of all U.S. states, according to reports from the Insurance Research Council.
The penalty for driving an uninsured vehicle in the state of Oklahoma is a fine of up to $250 and/or as much as 30 days in jail. Uninsured motorists also lose their driving privileges until a reinstatement fee is paid in full and proof of insurance is provided.
Auto Insurance Rates in Oklahoma
Oklahoma’s average annual premium on car insurance in 2016 was $1,778. Compare this figure with the national average, which was $1,347. Oklahoma’s high average premium rate for car insurance may be the result of harsh weather conditions, combined with a weak economy, and a high percentage of uninsured drivers on the road.
Low Cost Car Insurance Programs in Oklahoma
Oklahoma, like many other states, is filled with auto insurance carriers who offer discounts for behavior conducive to traffic safety. These include Accident-Free discounts, Good-Driver discounts, Good Student discounts, Senior Citizen discounts and Vehicle Safety discounts, to name a few. Vehicle insurance carriers also offer multiple policy discounts, multiple auto discounts, and others. Ask about discounts whenever you compare quotes from auto insurance representatives. Shop around. Contact numerous car insurance carriers to find the lowest possible rate on annual premiums.
Obtaining Auto Insurance Quotes in Oklahoma
According to a study of online consumer reviews, the most highly acclaimed auto insurance providers among Oklahoma vehicle owners are Allstate, Farmers Insurance, Geico, Esurance, Liberty Mutual, State Farm and Progressive. However, some Oklahoma residents opt for established, well reputed local carriers like Auto Insurance Center or Metro Express. Either way, Oklahoma is home to more than five hundred auto insurance agents who can answer all your questions and provide competitive quotes for auto insurance. You can also obtain free quotes online. For a thorough cost comparison, contact numerous local agents. Any of them will be glad to assist you.