03 Feb Best Auto Insurance Rates | Tulsa, OK
The only thing harder than choosing a Tulsa insurance company is deciphering which insurance policy is right for you. Auto Insurance is no different and can even be the worst of all types of insurance. There are so many things that are taken into account when a policy is drawn up for a motorist. There are so many discounts and specials that get released all the time that only apply in certain instances and it’s difficult to tell which of them is or isn’t applicable to your situation.
This is where Tulsa Insurance Guy comes in. They have the connections, knowledge, and understanding of the auto insurance market to get you the best and cheapest rates in Tulsa. They work with over 70 different insurance providers to ensure that you are given the best options for your auto insurance coverage. Look no further than Tulsa Insurance Guy to get the best coverage at the best price for all your auto insurance needs.
How to Get the Best Auto Insurance Rate
With a little bit of research and some critical thinking, you can make better choices for your Tulsa auto insurance. If you do your homework and come to your insurance broker with at least some semblance of a plan for your auto insurance based on your situation, vehicle arrangement, and budget.
Tulsa Insurance Guy has many ways to get you the best auto insurance rates on liability, full coverage, and bundles. Here are a few ways to save money on your auto insurance by reevaluating your current setup of vehicles and auto insurance policies.
Best Auto Insurance Rates – Liability
Liability Auto Insurance is a relatively simple type of policy that every auto insurance provider offers to anyone looking for coverage for their car or family of cars. It is the cheapest option for auto insurance, but that comes with a few caveats.
When is Liability Auto Insurance Useful?
It may be the frugal choice, but it may not be the right choice for you. That said, liability insurance is a great choice if your budget is tight or if your car is a bit older.
If your car has lost the majority of its value either through wear, age, or a previous accident, then liability auto insurance could be perfect for you. Another way liability coverage can fit for you is on a secondary vehicle. Let’s say you have a sedan you drive almost everywhere. It goes to and from work, on grocery runs, and even on road trips to see family, but you have a truck to haul lumber for your side job making custom doghouses.
Your second vehicle that gets used only periodically doesn’t require full coverage. Liability will work just fine in this case and it can keep your auto insurance rates lower overall.
What are the Drawbacks of Liability Auto Insurance?
Liability auto insurance can be great if you are on a budget or if you just need to insure your secondary vehicle, but it does have its drawbacks for being so cheap.
The coverage is not great. Your car’s value is not protected by the insurance plan, only the cost of mechanic shop expenses, medical bills and lost wages of the other driver in a potential accident (some insurance brands also cover your medical bills and lost wages in liability coverage, but usually at added expense). This is the bare minimum coverage just to get you out from under the financial burden of the reparations paid to the other motorist.
You know you better than anyone and can tell by now if liability is a good idea for you, or if you should continue to look for a better solution. If you are generally a good, responsible driver with good defensive reaction, you may never have to worry about your auto insurance. If not full coverage may be the way to go for you.
Best Auto Insurance Rates – Full Coverage
Full coverage Tulsa auto insurance is exactly that: it covers everything fully. Both you and the other motorist in a hypothetical crash are covered, including the value of your car. Full coverage auto insurance is a great option for newer cars with more intrinsic value.
When is Full Coverage Auto Insurance Useful?
In most cases, this option is the better option in every way. Since it covers so much in the event of an accident, you can rest assured that if anything were to happen on the road, you are covered and so is the motorist you collide with. This kind of functionality and assurance comes at a price.
This higher price can be anywhere from twice as much as liability to ten times the price or liability coverage on the same vehicle. Your budget is the limit here and depending on how much you have to spend, you could get double and triple coverage on your car and expenses for after-crash care.
Full coverage auto insurance gives you confidence on the road that liability coverage could never do. This is still not a reason to drive unsafe, but you can rest easy if you get into an accident.
What are the Drawbacks of Full Coverage Auto Insurance?
Full coverage auto insurance is the go-to option for people with a higher budget or if their vehicle is newer and more valuable. This is a great thing to have in these cases, but what are the drawbacks, if any, to full coverage auto insurance?
The price is pretty high. With an unlimited supply of money, full coverage auto insurance is a no-brainer, but if you have a limited budget, there’s a good possibility that full coverage will be out of reach. This can be solved through a bit of shopping around to find a company that offers full coverage at the lowest price. Insurance brokers such as Tulsa Insurance Guy can help you shop around and find a company and price point that works for you and your desired configuration of coverage.
If you think you’ve found a good option for you, or if you already have a great auto insurance policy, you can save even more money by bundling with other insurance options.
Best Auto Insurance Rates – Bundle and Save
There’s a reason that last sentence doesn’t contain the word “auto:” you can bundle with any insurance policies. Most insurance companies offer home, life, renter’s, and even boat and motorcycle insurance to try to keep all your policies under the same roof. Bundling these policies can cut out a lot of headache and lower the cost of your overall insurance bill by quite a bit.
When is Bundling Auto Insurance Useful?
If you have multiple large ticket items bringing up the value of your belongings, you may want to get them all insured just in case anything tragic happens to them. Getting them insured can be a hassle if you are insuring them all individually, but bundling them can help cut down on overall cost. It can also help simplify your insurance payments down to a single payment monthly, quarterly, or biannually.
Working with an insurance broker can help make this process even easier as they can figure out the best system of bundling to get you the lowest cost on your auto insurance.
What are the Drawbacks to Bundling Auto Insurance?
If you don’t have multiple things in need of insuring, there would be no way to get any sort of bundle discount. With a limited budget, it would not make sense to add more cost just to reduce the cost a few dollars. Not every insurance company offers bundling to give a discount, making it hard to predict how you are able to save money. Bundling locks you in to one specific company, keeping you from finding the cheapest rates for each individual thing from all the insurance providers.
The good and bad of bundling your insurance make it a more nuanced choice that can be best made with the help and knowledge that a professional insurance broker can offer. Tulsa Insurance Guy is able to help with these kinds of choices.
Tulsa Insurance Guy is an insurance broker in Tulsa working with many different kinds of insurance, including auto, home, life, renter’s, and even motorcycle insurance. They work with over 70 different insurance agencies to make sure you have the most options to find the right policy and price for you and your budget. They understand that finding the best and cheapest insurance is not an easy task, and they will do everything they can to make your insurance selection process easier on you.
They put all your policies into one simple monthly, quarterly, or biannual payment plan so you don’t have a bunch of bills going to multiple places. Keeping up with that would be annoying to juggle along with everything else in your busy life. This cuts out the need for bundling to save headache and needing to send money to a bunch of different destinations.
If this article helped you, click here to learn more.