You are legally required to buy the minimum state-required insurance for your car. However, you may want to expand that coverage, depending on your situation. Before you review insurance plans, however, do not assume that one insurer is naturally cheaper than its competitors. You may be responding to marketing hype. Some companies spend lots of money trying to convince consumers that their insurance packages are sold at the lowest rates.
Get in the Habit of Making Comparisons
The only way to obtain car insurance quotes in Tulsa, OK is to take your time and review the offerings. Do not be like 38% of people in the US – individuals who have not compared rates within the last three years. To support this warning, one study found that drivers can lose as much as $400 per year by not requesting and comparing quotes.
What Are the Discounts?
One of the best ways to get lower car insurance quotes is to inquire about discounts. Insurance companies may be able to give you a price break for one or more of the following reasons:
* Bundling your car insurance with other policies, such as your home insurance
* Insuring more than one car under one policy
* Having a clean driving record
* Paying the yearly or semi-annual premium at one time
* Owning a vehicle with certain safety features or anti-theft devices
However, when comparing car insurance quotes, you still need to look at more than just discounts. You should explore all the available options.
For instance, you may want to make it a practice to pay all your bills in a timely manner. Doing so can raise your credit score. When this happens, you often will find that your insurance coverage is reduced. Also, if you have an older vehicle, you may want to forego collision and comprehensive coverage.
While collision insurance covers repairs to your damaged vehicle, comprehensive insurance protects your vehicle against natural events such as floods, fires, and weather. It also protects you against vandalism or an animal crash.
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