WEDNESDAY, MARCH 2, 2022
Tulsa is densely populated and rapidly growing, resulting in longer than average commute times and a high rate of traffic accidents. The Oklahoma Highway Safety Office reported 1,459 car accidents in 2019, with 38 resulting in fatalities. Vehicle insurance laws in the state require car owners to have a minimum level of liability coverage to drive legally. You are not only at risk financially, but you are also putting yourself at risk of penalties and license suspension if you do not have adequate insurance.
Tulsa drivers pay higher premiums than the average Oklahoma driver, with minimum coverage costing $555 per year and full coverage costing $2,108 per year. These rates can be steeper or lower for each person, depending on various factors.
When searching for a provider, you'll want to think about which companies provide the best quotes for the coverage you require. To find Tulsa's best auto insurers this year, compared several providers in the city based on average premiums and third-party customer satisfaction ratings.
Tulsa residents pay more for car insurance on average than other drivers in the state, partly due to the city's dense population. Drivers can expect to pay $555 per year for minimum coverage and $2,108 per year for full coverage. Although these rates are higher than the national average, car insurance in Louisiana and Florida is even more expensive. Your exact quoted rate will be determined by several factors, including your age, driving record, and coverage options.
How Much Auto Insurance Do I Need In Tulsa?
To drive in Tulsa, you must have at least basic liability insurance. In Oklahoma, the state's minimum liability coverage requirements are 25/50/25. Collision or comprehensive coverage is highly recommended to protect against theft, fire, flood, and storm damage.
Car Insurance Discounts In Tulsa
Taking advantage of discounts whenever possible is one of the best ways to reduce the annual premium cost. Car owners in Tulsa can receive discounts based on a variety of factors, including:
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Customer loyalty: You may be eligible for discounts and price reductions if you stay with the same insurer for several years.
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Good driver: Some Tulsa insurers offer discounts to those with a clean driving record and no claims.
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Policy bundling: Bundling discounts are frequently available when purchasing your auto insurance and home or renters insurance policies from the same company.
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Safety features: Certain insurance companies in Tulsa will charge you less to insure your car if it has more safety features (airbags, anti-lock brakes, and daytime running lights).
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Anti-theft devices: The dashboard camera, steering wheel lock, and car alarm are all devices that help reduce and prevent car theft. Many providers offer discounts for having these features installed due to the added security.
Tips For Finding Cheaper Tulsa Car Insurance Quotes
Smart drivers should always look for ways to cut their insurance costs every month. Read through the savings concepts listed below and see if you can save money on your following insurance policy.
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Do your research. It's a great way to save money to take a few minutes to get a few free car insurance quotes. Companies frequently change their rates, and you can switch at any time.
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Be free from claim. Some auto insurance firms will discount you if you have never filed a claim. Insurance should be used only for significant claims, not minor ones.
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Purchase vehicles with cheaper insurance. The type of vehicle you operate has a significant impact on the cost of auto insurance. In Tulsa, a Hyundai Venue, for example, costs $1,070 less per year to insure than a Chevrolet Camaro. Vehicles with a lower performance cost less.
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Unneeded coverage should be remove. The cost of auto insurance will be significantly reduced by removing comprehensive and collision coverage from vehicles whose value has fallen to the point where coverage is no longer cost-effective.
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Raise your credit score to score lower rates. A credit score of over 800 can save you up to $304 per year compared to a credit score of 670-739. A credit score of less than 579, on the other hand, could cost as much as $352 more per year. Review with your company or agent to see if the credit score is used as a rating factor in your state.
What Is Average Auto Insurance Cost In Tulsa?
Drivers in their 50s pay less for auto insurance in Tulsa, with an average of $1,739. The cost of insurance for Tulsa drivers in their 60s is also relatively low, at $1,741 per year. One of the easiest methods to lower your car insurance rates as a Tulsa driver is to pass your teen years. In Tulsa, young drivers between the ages of 16 and 19 pay the most for car insurance. In Tulsa, the cost difference between teenage and 20-year-old drivers' auto insurance rates is $4,663, the largest such difference between any two age groups
The marital status and gender of a driver may impact the auto insurance rates they pay in some cases. In most places, single drivers pay more than married drivers because they are more likely to file claims, according to data. In Tulsa, married drivers pay $166 less for auto insurance than single drivers. Rates for widowed people are also significantly lower than for single people. Surprisingly, widowed drivers in Tulsa pay lower rates than single drivers. Another variable that influences auto insurance premiums is gender. Female drivers in Tulsa pay $20 more for car insurance each year than male drivers.
Car insurance rates rise due to at-fault collisions, DWIs, reckless driving citations, and speeding tickets. Insurance companies reward Low-risk drivers with lower rates. One of the best methods to keep your car insurance costs down is to keep a clean driving record.
When it comes to auto insurance, Tulsa drivers who are found guilty of reckless driving pay the price, with a rate increase of $1,132 per year compared to the city average; on average, a speeding ticket raises insurance rates by $476. In contrast, a DUI conviction raises premiums by $909 per year.
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At-fault Accident (damages < $1,000)
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At-fault Accident (damages greater than $2,000)
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Speeding Ticket (16-20 mph over speed limit)
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For various reasons, rates in Oklahoma differ from those in Tulsa. The number of accidents, roads types, and even the weather can impact the rates charged to drivers. According to the most recent data, the average rate in Oklahoma is $1,905, while it is $2,189 in Tulsa.
The credit score has a strong correlation with their auto insurance rates. Drivers in Tulsa who raise their credit score from "Very Poor" (300-579) to "Exceptional" (800-850) can save up to 53% on their car insurance premiums. Moving from "Very Poor" to "Fair" credit is a significant step toward lower auto insurance premiums. Improving your credit to "Fair" in Tulsa could result in a $1,241 reduction in yearly insurance premiums.
Auto insurance costs vary depending on where you live, even within the same neighborhood. Accidents or thefts may be more common in certain city areas, resulting in a price increase. The average annual cost of vehicle insurance for a 35-year-old driver with good credit and a clean driving record is listed below for Tulsa's ten most populated ZIP codes.
Finding the most affordable auto insurance in Tulsa is simple. Tulsa has several companies that offer customized quotes. In the summer, you'll need to deal with crowds of people, and in the winter, you'll need to deal with snow-covered roads. In 2019, Tulsa experienced 1500 traffic accidents, so make sure you have the state's minimum liability insurance when driving through the city.
Posted 4:53 PM
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