It’s hard to miss the catchy commercials from companies like The General, GEICO, and Allstate promising enormous savings, so you should just pick the one with the catchiest commercial, right?
It’s just not that simple, as there are a ton of unknown elements such as if you want full coverage included, if you are married or single, and how many years you have been driving. We will try to cover the different scenarios that increase car insurance cost and will hopefully give you a solid foundation to find cheaper car insurance in Oklahoma.
Shopping around for cost effective car insurance is not most people’s favorite thing to do, and finding out which insurers offer the lowest-priced insurance rates for a learners permit will take a little more work.
Each auto insurance company uses a slightly different approach for determining prices, so let’s take a look at the insurance companies that tend to have lower prices in Oklahoma. It’s important to understand that Tulsa insurance rates are impacted by many factors which can significantly increase or decrease the policy price. Taking a driver safety course, having a teen driver, or getting a ticket for running a stop sign can trigger price changes that may make certain companies much cheaper than others.
Cheap Insurance Rates in Oklahoma
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $1,161 |
| 2 | Oklahoma Farmers Union | $1,166 |
| 3 | GEICO | $1,340 |
| 4 | The Hartford | $1,373 |
| 5 | Farmers | $1,380 |
| 6 | Safe Auto | $1,405 |
| 7 | State Farm | $1,521 |
| 8 | Travelers | $1,849 |
| 9 | Liberty Mutual | $1,871 |
| 10 | Mercury | $2,053 |
| 11 | OK Farm Bureau | $2,079 |
| 12 | Shelter | $2,108 |
| 13 | Home State | $2,149 |
| 14 | MetLife | $2,169 |
| 15 | Progressive | $2,223 |
| 16 | Allstate | $2,472 |
| 17 | Safeco | $5,209 |
| Find Your Rate Go | ||
USAA may have some of the cheapest car insurance rates in Tulsa at around $1,161 per year. This is $806 less than the average policy premium paid by Oklahoma drivers of $1,967. Oklahoma Farmers Union, GEICO, The Hartford, and Farmers also qualify as some of the cheapest Tulsa, OK auto insurance companies.
In this example, if you are currently insured with Farmers and switched to Oklahoma Farmers Union, you may realize an annual premium reduction of upwards of $214. Policyholders with Safe Auto could save as much as $239 a year, and State Farm insureds might cut rates by $355 a year.
To find the cheapest coverage for you, click here to get quotes or quote prices from the following companies.
It’s important to note that these policy rates are averages across all drivers and vehicles and and are not calculated with a specific location for a learners permit. So the insurer that has the cheapest rates for you may not even be in the top 17 companies shown above. That is why you need to get quotes using your own personal information and vehicle type.
The vehicle model requiring insurance is a large consideration that determines whether or not you find economical car insurance for a learners permit. Vehicles with lower acceleration and performance, a plethora of safety features, or a low likelihood of having liability claims will cost less to insure than high performance models.
The information below features coverage costs for a number of the cheapest vehicles to insure.
| Insured Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V EX 2WD | $4,618 |
| Hyundai Elantra GLS Touring Station Wagon | $4,624 |
| Ford Escape XLS 2WD | $4,618 |
| Honda Accord EX-L 4-Dr Sedan | $4,941 |
| Toyota Prius | $4,982 |
| Dodge Grand Caravan SE | $5,195 |
| Ford Focus S 4-Dr Sedan | $5,435 |
| Toyota Tacoma 2WD | $5,443 |
| Chevrolet Impala LS | $5,435 |
| Honda Civic DX 4-Dr Sedan | $5,445 |
| Toyota RAV4 Sport 2WD | $5,476 |
| Chevrolet Malibu LS | $5,482 |
| Chevrolet Equinox LS 2WD | $5,476 |
| Jeep Grand Cherokee Laredo 2WD | $5,484 |
| Ford Explorer Eddie Bauer AWD | $5,518 |
| Ford F-150 Lariat Super Cab 4WD | $5,524 |
| Nissan Altima 2.5 S 4-Dr Sedan | $5,758 |
| Honda Odyssey EX-L W/Navigation | $5,765 |
| Toyota Camry SE | $5,758 |
| Toyota Corolla XLE | $5,766 |
| Find Cheaper Rates Go | |
Cost estimates assume single female driver age 16, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Oklahoma minimum liability limits. Discounts applied include claim-free, and safe-driver. Price estimates do not factor in vehicle garaging location which can change premiums greatly.
Based upon the rates shown, you can assume that models like the Honda CR-V, Hyundai Elantra, Ford Escape, Honda Accord, and Toyota Prius should be a few of the most economical vehicles to insure for new drivers. The cost of auto insurance will tend to be more expensive because there is more liability risk for a learners permit, but in general those makes and models will have the best insurance prices that you are likely to find.
One of the many things that aid in calculating insurance cost is where you live. Areas with more people or higher crime rates tend to have higher rates, whereas less populated areas benefit from lower prices.
The following table lists the priciest cities in Oklahoma for a learners permit in which to buy car insurance. Tulsa makes the list at #5 with a yearly premium of $2,192 for car insurance, which is around $183 monthly.
| Rank | City | Premium Per Year |
|---|---|---|
| 1 | Del City | $2,221 |
| 2 | Bixby | $2,213 |
| 3 | Sand Springs | $2,205 |
| 4 | Broken Arrow | $2,195 |
| 5 | Tulsa | $2,192 |
| 6 | Oklahoma City | $2,178 |
| 7 | Sapulpa | $2,165 |
| 8 | Bethany | $2,135 |
| 9 | Owasso | $2,127 |
| 10 | Edmond | $2,126 |
| 11 | Midwest City | $2,119 |
| 12 | Norman | $2,095 |
| 13 | Moore | $2,090 |
| 14 | Claremore | $2,048 |
| 15 | Yukon | $2,015 |
| 16 | Stillwater | $1,989 |
| 17 | Shawnee | $1,988 |
| 18 | Ponca City | $1,956 |
| 19 | Ardmore | $1,955 |
| 20 | Duncan | $1,923 |
| Find Cheaper Insurance Go | ||
Prices are comparative as the specific garaging location can alter auto insurance rates noticeably.
Comparison of full coverage and liability-only policies
Lowering the price of insurance is probably important to the majority of vehicle owners, and one way to find cheaper insurance for a learners permit is to buy only liability coverage. The example below visualizes the comparison of insurance premiums with full coverage and liability only. The information is based on no violations or accidents, $1,000 deductibles, drivers are single, and no additional discounts are factored in.
If all age groups are averaged, physical damage insurance costs $2,538 per year more than buying just liability insurance. Many people question when is the right time to remove full coverage. There isn’t a written rule to stop paying for physical damage coverage, but there is a general guideline you can use. If the annual cost of your full coverage insurance is more than about 10% of the replacement cost minus the deductible, then it could be time to drop full coverage.
Get discount Tulsa auto insurance
Insurance companies that provide coverage for a learners permit may additionally offer special discounts that could potentially reduce rates by as much as 35% or more if you are eligible to receive them. Larger insurance companies and the discounts they provide can be read below.
- GEICO offers discounts including five-year accident-free, good student, emergency military deployment, daytime running lights, and military active duty.
- MetLife offers premium reductions for multi-policy, defensive driver, good student, good driver, and claim-free.
- Progressive includes discounts for online signing, online quote discount, multi-vehicle, good student, multi-policy, and continuous coverage.
- Travelers discounts include multi-car, save driver, multi-policy, new car, payment discounts, driver training, and early quote.
- SAFECO may have discounts that include accident prevention training, multi-car, teen safety rewards, safe driver, and teen safe driver.
- AAA may offer discounts for education and occupation, good student, anti-theft, good driver, AAA membership discount, and pay-in-full.
The illustration below shows the comparison of insurance costs with and without discounts applied to the policy premium. The premiums are based on a male driver, no claims or violations, Oklahoma state minimum liability limits, full physical damage coverage, and $100 deductibles.
The first bar for each age group shows insurance cost with no discounts. The lower bar shows the rates with continuous coverage, vehicle safety, passive restraint, paperless filing, good student, and paid-in-full discounts applied. When drivers take advantage of discounts, theamount saved on insurance for a learners permit is 28% or $933.
Are you paying too much for car insurance in Tulsa?
Oklahoma insurance rates are determined by lots of factors that may substantially change the cost of a policy. Simply turning a year older, moving to a new city, or having a fender bender can trigger rate changes that can now make some companies more affordable than others.
Also, insurance companies change premium rates as needed in order to protect their financial rating. Higher than normal claims can cause increased policy costs, while lower claims may result in more affordable Tulsa car insurance rates.
The data below shows the cheapest car insurance in Tulsa, OK for a 45-year-old male driver with no accidents, a clean driving record, and good financial standing. When comparing rates based on his current situation, USAA might offer the best car insurance rates in Tulsa at $1,463 per year. This is $504 less than the average policy premium paid by Oklahoma drivers of $1,967. Oklahoma Farmers Union, GEICO, The Hartford, and Farmers are the remaining best Tulsa, OK auto insurance companies.
Now we will give the driver from the first rate comparison a couple of claims, bad credit, and a speeding citation. Because each company has a proprietary formula to set policy rates, comparing quotes may now result in a slightly different list of cheap Tulsa auto insurance companies as shown below.
State Farm now has the best insurance rate in Tulsa with Oklahoma Farmers Union, Liberty Mutual, The Hartford, and Farmers also being competitive. This example shows why consumers need to take the time to perform an extensive rate comparison to get the cheapest auto insurance rates for a learners permit. Insurance prices are determined by many risk factors and can change substantially, so the lowest-price company six months ago may now be costing you a lot of money.
Ideas for buying the cheapest auto insurance for a learners permit
The list below shows a few money-saving ideas that can help Tulsa drivers find lower-cost car insurance.
- Older vehicles may not need full coverage
- Try to not file small claims
- Serious violations like DUI or careless driving can make car insurance unaffordable
- Avoid preventable accidents
- Raise comprehensive and collision coverage deductibles
- Keep rates low by shopping around frequently
That final tip is incredibly critical, as we stressed in this write-up. Prices charged by auto insurers adjust frequently, so drivers shouldn’t be reluctant to buy a different policy if a cheaper rate is available. Many consumers stick with the same company and that’s fine, but it isn’t a good idea if that inflexibility results in costing you lots of hard earned cash every month. Now is a great time to compare prices to find cheaper auto insurance for a learners permit in Tulsa.
If you would rather get help from a professional when trying to find the best insurance rates for new drivers, the agents below can help you determine which coverages you need. To find an auto insurance agency using an interactive map, click the button at the bottom of the list or click here to get price quotes now.
- Jim Vanderveen – State Farm Insurance Agent
3015 E 15th St – Tulsa, OK 74104 – (918) 712-5979 - Bobby Williamson – State Farm Insurance Agent
7992 S Sheridan Rd – Tulsa, OK 74133 – (918) 935-2000 - State Farm: Ron Lockney
2828 E 91st St – Tulsa, OK 74137 – (918) 298-5444 - Allstate Insurance: Todd Williams
3315 S Yale Ave Ste 200 – Tulsa, OK 74135 – (918) 742-2784 - Gail Boyce – State Farm Insurance Agent
6149 S Peoria Ave – Tulsa, OK 74136 – (918) 747-6866