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Are you an Oklahoma driver who wants the inside scoop on car insurance in the Sooner state? We’ve done the research from finding state minimums, laws, coverage options, and more to bring you this guide to Oklahoma auto insurance.
What are Oklahoma’s auto insurance minimum requirements?
Driving without insurance in Oklahoma is a no-no. Make sure you have the following minimum limits so you don’t get yourself into a pickle:
- $25,000 for injury or death, per person
- $50,000 total for injury or death if multiple people were hurt in accident
- $25,000 for property damage
What additional car insurance is available in Oklahoma?
We’re not here to scare you, but have you thought about all the bad stuff that can happen to your car? If not, if might be time to consider adding more coverage so you don’t get stuck paying for damages if you’re not properly insured. Consider these additional coverage options:
- Collision– Hit something with your car? That’s what collision coverage is there to pay for.
- Comprehensive– If your car gets tossed around in a tornado or winds up flooded, comprehensive coverage will help pay for it.
- Medical payments– If you don’t want to use your health insurance, this coverage will pay for medical bills and even funeral costs after an accident. (For more information, read our “What You Need To Know About Auto Insurance Costs In Oklahoma“).
- Uninsured motorists– If a driver hits you but isn’t insured, you’ll be stuck paying for the damages—unless you have this coverage, that is.
Read more:
How do you show proof of insurance in Oklahoma?
Saying you have insurance isn’t enough if you get pulled over. You’ll get an insurance card when you start or renew a policy that will include your:
- Name, address, and NAIC number of insurance carrier
- Year, make, model, and VIN of car
- Dates of policy
Keep it in your glove compartment and never take it out unless law enforcement asks to see it. That way, you’ll always have it and can avoid trouble.
Read more: Auto Insurance Without A Vin: What You Need To Know
What happens if you’re uninsured?
If your insurance ends and you don’t renew it, the electronic insurance verification system that the Oklahoma DMV uses will be notified immediately. A lapse in coverage could result in the following violations and penalties:
- Up to $250 in fines
- 30 days in jail
- Suspension of driver’s license and vehicle registration
What are insurance options for high-risk drivers?
If you’ve been caught speeding to work too many times or have been involved in too many fender benders, you may be denied auto insurance coverage through the open market. This is because companies see you as too high-risk of a driver. Because auto insurance is required in the state, the Oklahoma’s Automobile Insurance Plan is there to help. All insurance companies participate in it and take on customers based on their market share. For example, if State Farm has 5% of the market share in Oklahoma, it will be required to cover 5% of the high risk drivers in the state. Because the OAIP is often times more expensive, we recommend calling a licensed agent to see what your options are.
What do Oklahomans pay for auto coverage?
We’ve done the research for you and found average car insurance rates in Oklahoma so you can see if you’re paying too much. According to our research, here is where you may find the cheapest coverage:
| Average Annual Rates | |
|---|---|
| Geico | $1,075.60 |
| USAA | $1,274.56 |
| Safeco | $1,340.91 |
| Progressive | $1,488.65 |
| Mercury | $1,613.51 |
Among other factors, auto insurance companies consider your age, gender, marital status, credit score, and driving record when determining your premium.
To be certain you aren’t overpaying, we recommend comparing auto insurance quotes from three companies on a yearly basis.
How To Save With Discounts
Shopping around will definitely help you find the best rates, but so will asking for auto discounts. While each insurance provider offers unique discounts, here are some popular ones you can see if you qualify for:
- Being a homeowner
- Insuring multiple cars
- Installing anti-theft and safety devices
- Maintaining a clean record (may be called a “safe driver discount”)
- Getting good grades (often called the “good student discount”)
- Having multiple policies (i.e., bundling an auto policy with a homeowners insurance policy)
- Paying and getting bills online
If you’re paying a high premium due to a poor credit history or bad driving record, auto insurance discounts can be a big help.
Most Stolen Cars in Oklahoma
Imagine this: you have a Honda Civic and your insurance company says it’ll cost more because it’s a commonly stolen care in Oklahoma. Unfortunately, the car you drive is another factor that determines how much you may pay. This is because if you drive a vehicle that’s targeted for theft, it makes you a riskier customer. In Oklahoma, here is the list of most stolen cars:
- Chevrolet Pickup (full size)
- Ford pickup (full size)
- Dodge Pickup (full size)
- Honda Civic
- Honda Accord
- GMC Pickup (full size)
- Chevrolet Impala
- Chevrolet Pickup (small size)
- Ford Explorer
- Toyota Camry
Talk To Licensed Agents
If you have more questions or need help finding the cheapest auto insurance, talk to a licensed agent. They can help not only clarify anything you are unsure about and find the best rate. Call [mapi-phone /] to get started.
Additional Resources for Oklahoma Drivers