Oklahoma Car Insurance 101

Oklahoma Car Insurance: What You Need to Know?

If you own a car, having a car insurance is very important as it will save you from lots of headaches when a traffic road accident happens. Nowadays, most states don’t allow car owners to drive their vehicles especially if they do not have a car insurance.

The same goes for Oklahoma. In order to register as well as drive a car, Oklahoma requires all the drivers to have the least level of a certain kind of car insurance company. Nonetheless, to know more about Oklahoma Car Insurance, keep on reading.

Oklahoma Minimum Car Insurance Requirements

Below are the mandated minimum car insurance requirements for Oklahoma car owners and drivers.

  • $25,000 for property damage caused by the driver or the owner of the insured car. (per accident)
  • $25,000 for the death or bodily injury caused by the insured vehicle’s driver or owner. (one person)
  • $50,000 for death and total bodily injury caused by the driver or owner of the car that is currently insured.

These will be utilized to pay for the property damage fees, medical bills, as well as other expenses of pedestrians, drivers, and passenger who have automobile damage or injured in the accident you have caused.

However, you can also carry other coverage in order to protect yourself in case of serious crashes results in noteworthy car damage and accident injuries. Though they are only optional.

Optional Oklahoma Car Insurance

  1. Underinsured or Uninsured Motorist

This insurance will protect you from motorists who don’t have any insurance regardless of the law or have an insurance with insufficient coverage to cover all the injuries and damage from a car accident.

Moreover, this will cover you as well your commuters from injuries and your car from damage especially when you are not at responsibility but there’s an inadequate liability coverage from other drivers.

  1. Collision Coverage

This liability coverage can be utilized for paying the damages to the protected car in the occasion that the owner/driver is at fault in an accident and therefore can’t collect damages from the other driver’s liability coverage. It can be also utilized in a single-vehicle in which there is no other motorist involved.

  1. Comprehensive Coverage

Another optional Oklahoma auto insurance that you can use to pay for loss or damage because of events that don’t fall under the guidelines of collision coverage such as damage due to weather events, fire damage, vandalism, and theft.

Usually, it includes coverage for a glass-only claim like cracks in the windshield and rock chips.

  1. Medical Payments

This coverage can offer extra death and medical benefits for everybody riding in your vehicle regardless of accountability. Moreover, it can apply to everyone protected by the policy which is harmed by another car as a commuter.

Purchasing an Auto Insurance in Oklahoma

Last 2017, the car insurance rates in Oklahoma ranked as the eleventh highest in the United States. Nevertheless, the official website of the Insurance Commissioner provides people with tips for saving money and shopping for a car insurance. Actually, there’s rate comparison chart incorporated which offer example rates across the top insurers in Oklahoma to help every driver compare companies.

On the other hand, Oklahoma enables the utilization of credit scores as one part of their rating system for identifying the driver’s car insurance rate. Apart from that, there are also other factors that need to be taken into consideration such as:

  • Commuting distance
  • Type of vehicle
  • Driving record

How to Obtain the Most Affordable Oklahoma Auto Insurance

You may possibly lower the cost of your insurance by:

  1. Comparing the quotes of providers.
  2. Asking regarding the obtainable discounts for several vehicles on one policy, good driving record, anti-theft devices, online or automatic payments, driving an electric or hybrid car, and bundling your auto insurance with your renters or homeowners policy.
  3. Eliminating excessive coverage

Penalties and Fines for Driving in Oklahoma without A Car Insurance

If you are asked by Oklahoma law enforcement officers to show your proof of insurance and you do not have it, you will possibly be ordered to show that you are insured. However, if you can’t show them any proof you may possibly be subjected to a penalty amounting to 250 dollars or/and one month of jail time.

Moreover, your driver’s licensed might be suspended. Such penalties will vary depending on the violations you have committed while driving your car in Oklahoma.

Car Insurance for “High-Risk” Motorists

Oklahoma offers a particular for all motorists who are deliberated to be high-risk as well as having a trouble qualifying for a car insurance.

The Oklahoma AIP or Automobile Insurance Plan is actually a consigned risk plan. All drivers who haven’t been able to get a policy may possibly apply for this insurance plan so that they will be able to upkeep the lawfully required coverage

All the companies who are providing car insurance in Oklahoma are required to join the automobile insurance plan that will designate every high-risk motorist to a certain insurance company letting the possibility to be vast.

Such policies are quite expensive and they are reflected to be the last solution for drivers who can’t obtain coverage in other easy and affordable ways.

Most Stolen Vehicles in Oklahoma

If you own a vehicle that’s profoundly beset for robbery, you will have to pay more for your car insurance.

Below are the most stolen vehicles in Oklahoma according to roseboroughinsurance.com.

  1. Ford Pickup (full size)
  2. Chevrolet pickup (full size)
  3. Honda civic
  4. Dodge pickup (full size)
  5. GMC pickup (full size)
  6. Honda Accord
  7. Chevrolet Pickup (small size)
  8. Chevrolet Impala
  9. Toyota Camry
  10. Ford Explorer

Getting a car insurance is something that every car owner or driver shouldn’t be overlooked as it can help you a lot. If you cause a car accident, the car liability coverage required on your insurance policy can help you in paying the property damage and medical bills of the people involved in the accident. Moreover, you can also use it for paying legal fees especially if you are taken to the court of law because of an accident.