Oklahoma Car Insurance
Last Updated on September 16, 2020
Getting the best car insurance in Oklahoma is easier than you think. Certain companies are known for offering particularly competitive rates to drivers in Oklahoma. We’ve helped thousands of Oklahoma drivers compare car insurance quotes from across the state. Based on our analysis, certain companies tend to be slightly cheaper than their competitors.
Progressive, GEICO, Oklahoma Farmers Union, State Farm, and Oklahoma Farm Bureau, for example, all tend to offer cheaper-than-average car insurance quotes to drivers in Oklahoma.
Drivers in Oklahoma City Pay More
Typically, drivers in larger cities are going to pay more for car insurance than drivers in smaller cities. A driver in Oklahoma City or Tulsa, for example, can expect to pay higher car insurance rates than drivers in a rural part of the state. Drivers in cities tend to make more claims than drivers in rural areas. That means insurance companies will charge slightly higher prices. If you noticed your car insurance rates jump after moving to the city, then this could be one reason why.
The Best Car Insurance for Teen Drivers in Oklahoma
Oklahoma, like most states, has a graduated driver licensing (GDL) program. Teen drivers are required to progress through this program before receiving their full license. Oklahoma government statistics show that teen drivers are responsible for a disproportionate number of accidents on Oklahoma’s roads. In fact, approximately 25% of teen drivers in Oklahoma will get into an accident or receive a traffic violation within their first year of driving.
You’re eligible for a learner’s permit in Oklahoma at 15 years, 6 months of age. On your sixteenth birthday, you can apply for an intermediate driver’s license. Then, at 18, you’re eligible for an unrestricted Class D driver’s license.
Typically, your family’s ordinary car insurance will cover you when driving on a learner’s permit – assuming you’re driving a covered vehicle and are abiding by your license rules. Once you graduate to an intermediate driver’s license at 16, however, and can drive without an adult in the vehicle, you will likely need to upgrade your family’s car insurance policy – or buy your own car insurance.
Talk to your Oklahoma insurance company to ensure you have the right teen driver car insurance.
Why Do Oklahoma Drivers Pay More for Car Insurance Than Other States?
Drivers in Oklahoma pay higher-than-average car insurance premiums compared to the rest of the country. Why is that? Why do Oklahoma drivers pay more for car insurance?
Well, generally speaking, Oklahoma drivers make more claims than drivers in other states. Some of these claims are related to natural disasters and stormy weather – like a hail damage claim. Other claims are related to crime, collisions with other vehicles, and other incidents.
Generally speaking, you can expect to pay around $1500 per year for car insurance in Oklahoma isn’t the most expensive state in the country for car insurance, but it’s certainly above average. Thankfully, by comparing car insurance quotes today, you can avoid overpaying for car insurance in Oklahoma.
Auto Insurance Requirements In Oklahoma
Operating as a “Tort” state, Oklahoma motor vehicle operators are held financially responsible for any and all property damage and bodily injury that occurs in an auto accident for which said driver is at fault. For this reason, Oklahoma mandates a minimum liability insurance level of 25/50/25 (see the chart below).
Oklahoma has one of the simplest auto insurance laws in the country, with one of the toughest enforcement policies. If you are stopped by a law enforcement official for a traffic violation or any other reason, you need to show proof of insurance. If you don’t have proof, the Department of Public Safety will be notified. According to the auto laws of Oklahoma, your tags and registration can be suspended.
This is why you need to carry proof of insurance in your car.
Oklahoma drivers may add additional protection to their automotive insurance policy by opting for collision, comprehensive, uninsured/underinsured motorist, and/or medical payment coverages.
|Coverage Type||Required?||Minimum Coverage Amount Required|
|Bodily Injury Liability||Yes||$25,000 per person
$50,000 per accident
|Property Damage Liability||Yes||$25,000|
|Uninsured Motorist Bodily Injury||No||$10,000 per person
$20,000 per accident
|Underinsured Motorist Coverage||No|
|Personal Injury Protection||No|
Auto Insurance for Leased Vehicles in Oklahoma (OK)
Most leasing companies in Oklahoma typically require drivers to maintain insurance coverage which exceeds the minimums set by Oklahoma state law. This is to protect you financially, as well as your leasing company, should they be held partly responsible. Most leasing companies will recommend the following amounts of insurance coverage:
- Bodily injury liability coverage: $100,000 per person/$300,000 per accident
- Property damage liability coverage: $50,000
- Comprehensive and collision coverage: $500 maximum deductible
Contacts For Car Insurance In Oklahoma
|Oklahoma Tax Commission: Motor Vehicle Division
2501 Lincoln Blvd.
Oklahoma City, OK 73194-0013
|Oklahoma Insurance Department
2401 N.W. 23rd Street, Suite 28
Oklahoma City, OK 73107