A recent study showed that the vast majority of drivers kept buying from the same company for over three years, and 38% of customers have never even compared rates from other companies. The average driver in America could pocket as much as $860 a year by just comparing rate quotes, but they think it’s difficult to find cheaper insurance by shopping around.
If you want to find the absolute lowest rates, then the best way to get budget car insurance rates in Tulsa is to make a habit of regularly comparing prices from providers who provide auto insurance in Oklahoma. Drivers can shop around by following these steps.
First, take a little time to learn about what is in your policy and the things you can change to prevent rate increases. Many rating factors that increase rates like speeding and an unacceptable credit rating can be amended by making lifestyle changes or driving safer. Later in this article we will cover additional ideas to help prevent expensive coverage and earn larger discounts.
Second, compare prices from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only provide price estimates from one company like GEICO or State Farm, while agents who are independent can quote rates from multiple insurance companies. Get quotes now
Third, compare the new rates to the premium of your current policy to see if you can save by switching companies. If you find a better price, make sure there is no lapse between the expiration of your current policy and the new one.
The critical component of shopping around is to use the same coverage limits and deductibles on every quote request and and to get rates from as many different insurance providers as possible. This ensures a fair rate comparison and a complete price analysis.
If you have insurance now or just want a better rate, use these tips to find the best rates and still have adequate protection. Pricing the cheapest car insurance coverage in Tulsa is simple if you know the tricks. Drivers only need to know the least time-consuming way to compare insurance rates from many different companies online.
Finding low cost Tulsa car insurance quotes is pretty simple and can save money. The only thing you need to do is invest a little time comparing price quotes to find the company with inexpensive Tulsa auto insurance quotes.
The companies shown below have been selected to offer comparison quotes in Tulsa, OK. If you wish to find cheaper auto insurance in Tulsa, we recommend you click on several of them to get the best price comparison.
Do you qualify for discounts on Lexus HS 250h insurance in Tulsa?
Some insurance providers do not advertise every discount in a way that’s easy to find, so the list below details a few of the more well known and also the more inconspicuous insurance savings.
- Drive Less and Save – Low mileage vehicles may allow you to get cheaper rates.
- Federal Government Employee – Having worked for a branch of the government could qualify for a slight premium decrease but check with your company.
- Auto/Life Discount – Some insurance carriers give a discounted rate on car insurance if you buy a life insurance policy as well.
- Switch and Save Discount – Some insurance companies give discounts for buying a new policy before your current HS 250h insurance policy expires. Ten percent is about the average savings.
- Accident-Free Discounts – Insureds with no claims or accidents pay much less as compared to drivers with a long claim history.
Just know that some of the credits will not apply to your bottom line cost. Most only cut the price of certain insurance coverages like comprehensive or collision. Even though the math looks like it’s possible to get free car insurance, that’s just not realistic. But any discount will lower your insurance premiums.
The illustration below shows the comparison of Lexus HS 250h premium costs with and without discounts. The rates are based on a female driver, no violations or accidents, Oklahoma state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, safe-driver, claim-free, multi-car, homeowner, and multi-policy discounts applied.
A list of insurance companies and a summarized list of policyholder discounts include:
- GEICO policyholders can earn discounts including membership and employees, multi-policy, anti-theft, seat belt use, driver training, defensive driver, and military active duty.
- Mercury Insurance may offer discounts for anti-theft, annual mileage, professional/association, good driver, multi-policy, and ease of repair.
- Farmers Insurance discounts include good student, electronic funds transfer, teen driver, multi-car, bundle discounts, youthful driver, and pay in full.
- Auto-Owners Insurance has discounts for anti-theft, mature driver, group or association, company car, multi-policy, and teen driver.
- Liberty Mutual has savings for new graduate, preferred payment discount, good student, new vehicle discount, multi-policy, and new move discount.
- SAFECO offers discounts for anti-theft, bundle discounts, teen safety rewards, homeowner, teen safe driver, and anti-lock brakes.
- Progressive offers discounts including homeowner, good student, multi-policy, online signing, and multi-vehicle.
- USAA includes discounts for driver training, military installation, safe driver, good student, new vehicle, multi-policy, and defensive driver.
When quoting, ask all companies you are considering which discounts you may be entitled to. Some discounts might not be offered on policies in Tulsa.
Lexus HS 250h insurance rates and statistics
The rate table shown below highlights estimates of coverage prices for Lexus HS 250h models. Having a better understanding of how auto insurance prices are calculated can help drivers make decisions on which coverage to buy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| HS 250H 4-Dr Sedan | $418 | $926 | $430 | $26 | $128 | $1,928 | $161 |
| HS 250H Premium 4-Dr Sedan | $418 | $926 | $430 | $26 | $128 | $1,928 | $161 |
| Get Your Own Custom Quote Go | |||||||
Data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Oklahoma minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, homeowner, and claim-free. Price information does not factor in specific garaging location which can modify premiums considerably.
Higher deductibles lower rates
One of the hardest decisions when shopping for insurance is how high should the deductibles for physical damage be. The comparisons below highlight the premium difference between low and high policy deductibles. The first rate table uses a $250 comprehensive and collision deductible and the second rate table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| HS 250H 4-Dr Sedan | $436 | $792 | $382 | $22 | $114 | $1,771 | $148 |
| HS 250H Premium 4-Dr Sedan | $436 | $792 | $382 | $22 | $114 | $1,771 | $148 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| HS 250H 4-Dr Sedan | $270 | $498 | $382 | $22 | $114 | $1,286 | $107 |
| HS 250H Premium 4-Dr Sedan | $270 | $498 | $382 | $22 | $114 | $1,286 | $107 |
| Get Your Own Custom Quote Go | |||||||
Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Oklahoma minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-policy, and multi-vehicle. Price information does not factor in the specific area where the vehicle is garaged which can lower or raise auto insurance rates noticeably.
Using the premium rates above, we can conclude that using a $250 deductible will cost in the ballpark of $41 more each month or $492 for a full year across all Lexus HS 250h models than buying the higher $1,000 deductible. Due to the fact that you would have to pay $750 more to settle a claim with a $1,000 deductible as compared to a $250 deductible, if you normally go at least 18 months between claim filings, you would most likely save money if you opt for a higher deductible.
Male drivers compared to female drivers in Tulsa
The information below compares Lexus HS 250h insurance costs for male and female drivers. The costs are based on no claims or driving citations, comprehensive and collision coverage, $250 deductibles, single status, and no additional discounts are factored in.
When to get advice from an insurance agency
A small number of people still like to buy from a licensed agent and that is just fine! Most agents can help you build your policy and help file insurance claims. One of the benefits of price shopping on the web is the fact that drivers can get lower rates but still work with a licensed agent.
For easy comparison, once you complete this short form, your information is submitted to insurance agents in Tulsa that provide free Tulsa auto insurance quotes for your business. It’s much easier because you don’t need to contact an agency since rate quotes are delivered to you. If you wish to get a comparison quote from a specific auto insurance provider, just search and find their rate quote page and complete a quote there.
Picking an provider needs to be determined by more than just a low price. Here are some questions you should ask.
- Do they reduce claim amounts on high mileage vehicles?
- Are they primarily personal or commercial lines agents in Tulsa?
- What companies can they write with?
- How would your car be valued if totaled?
- Is there a local claims center in Tulsa?
- Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
- Are all drivers listed on the coverage quote?
- Do you have coverage for a rental car if your vehicle is in the repair shop?
Pick the best auto insurance agent in Tulsa for you
If you want a reliable insurance agent, you need to know there are two different types of agencies and how they function. Auto insurance agencies are considered either independent agents or exclusive agents depending on their employer. Either one can properly insure your vehicles, but it’s important to know the subtle differences since it could factor into the type of agent you choose.
Exclusive Agencies
These type of agents work for only one company and some examples include AAA, State Farm, Farmers Insurance, and Allstate. These agents are unable to provide other company’s prices so it’s a take it or leave it situation. They are highly trained on their products and sales techniques which helps them sell on service rather than price. Consumers often use the same agent partially due to high brand loyalty rather than having low rates.
The following are exclusive insurance agencies in Tulsa who can help you get price quotes.
- Randall Young – State Farm Insurance Agent
5840 S Memorial Dr #207 – Tulsa, OK 74145 – (918) 664-8750 – View Map - Allstate Insurance: Jim Boese
10396 E 21st St – Tulsa, OK 74129 – (918) 665-2424 – View Map - Clarence Zitterkob – State Farm Insurance Agent
7820 E 101st St – Tulsa, OK 74133 – (918) 369-2000 – View Map
Independent Agencies or Brokers
Agents in the independent channel can quote rates with many companies and that enables them to quote your coverage with many different companies and find you cheaper rates. If they quote lower rates, the business is moved internally and you don’t have to switch agencies. If you are trying to find cheaper rates, we recommend you include multiple independent agents to have the best price comparison. Many can place coverage with small regional insurance companies that may provide cheaper auto insurance rates.
The following is a list of independent insurance agencies in Tulsa who can help you get price quotes.
- Best Insurance Inc.
1618 W 51st St – Tulsa, OK 74107 – (918) 949-3555 – View Map - EZ Insurance Agency
1207 S Memorial Dr – Tulsa, OK 74112 – (918) 794-3220 – View Map - Charles G. Harris Insurance
4724 S Union Ave – Tulsa, OK 74107 – (918) 446-4421 – View Map
After getting good feedback and an affordable coverage quote, it’s a good possibility that you have found an insurance agency that meets the criteria to properly insure your vehicles. Just be aware that it’s your policy and you can cancel your policy at any time so don’t assume that you are permanently stuck with your new company for any length of time.
Do I just need basic coverages?
When it comes to buying the right insurance coverage, there isn’t really a perfect coverage plan. Your financial needs are unique.
For instance, these questions can aid in determining if your situation would benefit from professional advice.
- What vehicles should carry emergency assistance coverage?
- Can I drive in Mexico and have coverage?
- Where can I get insurance after a DUI in Oklahoma?
- If my pet gets injured in an accident are they covered?
- Do I have newly-acquired coverage?
- How can I force my company to pay a claim?
- Should I bundle my homeowners policy with my auto?
- Who sells insurance for high-risk drivers?
- Can I cancel at any time?
If it’s difficult to answer those questions, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form. It only takes a few minutes and may give you better protection.
Three reasons to not skimp on auto insurance
Despite the high insurance cost for a Lexus HS 250h in Tulsa, auto insurance is required in Oklahoma but it also protects you in many ways.
First, most states have mandatory insurance requirements which means the state requires a specific level of liability insurance coverage in order to drive the car legally. In Oklahoma these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
Second, if you took out a loan on your HS 250h, most banks will require you to have full coverage to ensure the loan is repaid in case of a total loss. If you cancel or allow the policy to lapse, the bank will be required to insure your Lexus at a much higher rate and force you to reimburse them the higher premium.
Third, auto insurance protects your vehicle and your assets. Insurance will pay for hospital and medical expenses that are the result of an accident. Liability insurance will also pay to defend you if you are named as a defendant in an auto accident. If you receive damage to your vehicle caused by a storm or accident, comprehensive and/or collision insurance will pay to restore your vehicle to like-new condition.
The benefits of carrying enough insurance more than cancel out the cost, particularly for liability claims. According to a survey of 1,000 drivers, the average driver is currently overpaying as much as $865 each year so compare rates at least once a year to save money.
Auto insurance specifics
Having a good grasp of auto insurance aids in choosing which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement.
Liability
This coverage provides protection from damage that occurs to people or other property in an accident. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.
Liability can pay for claims like funeral expenses, medical services and attorney fees. How much liability should you purchase? That is a decision to put some thought into, but consider buying as high a limit as you can afford. Oklahoma state minimum liability requirements are 25/50/25 but it’s recommended drivers buy more coverage.
The chart below shows why buying low liability limits may not be adequate coverage.
Auto collision coverage
This coverage pays for damage to your HS 250h caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.
Collision can pay for things like crashing into a ditch, crashing into a building, rolling your car and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. You can also bump up the deductible on your HS 250h in order to get cheaper collision rates.
Comprehensive (Other than Collision)
Comprehensive insurance coverage covers damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.
Comprehensive coverage pays for claims such as damage from a tornado or hurricane, a broken windshield and theft. The most you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.
Protection from uninsured/underinsured drivers
This coverage provides protection when the “other guys” either have no liability insurance or not enough. It can pay for medical payments for you and your occupants and also any damage incurred to your Lexus HS 250h.
Since a lot of drivers have only the minimum liability required by law (Oklahoma limits are 25/50/25), their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.
Medical expense insurance
Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses like surgery, dental work, rehabilitation expenses and hospital visits. They are often used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. Coverage applies to you and your occupants in addition to any family member struck as a pedestrian. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage
Be persistent and save
Consumers leave their current company for a variety of reasons including lack of trust in their agent, denial of a claim, policy non-renewal and delays in responding to claim requests. Whatever your reason, finding a new auto insurance company can be pretty painless.
Budget-conscious Lexus HS 250h insurance is definitely available online and from local agencies, and you need to comparison shop both to have the best selection. Some companies may not offer internet price quotes and these regional insurance providers provide coverage only through independent agents.
When you buy Tulsa auto insurance online, it’s a bad idea to buy less coverage just to save a little money. Too many times, someone sacrificed liability coverage limits only to find out they didn’t have enough coverage. Your aim should be to get the best coverage possible at a price you can afford and still be able to protect your assets.
Much more information about auto insurance in Oklahoma is located on the following sites:
- Safe Vehicles for Teens (iihs.org)
- What Insurance is Cheapest for a Toyota Highlander in Tulsa? (FAQ)
- What Insurance is Cheapest for State Employees in Tulsa? (FAQ)
- Who Has Cheap Car Insurance Quotes for Business Use in Tulsa? (FAQ)
- How to Avoid Buying a Flooded Car (Insurance Information Institute)
- Shopping for a Safe Car (Insurance Information Institute)