Finding Affordable Car Insurance in Lawton, Oklahoma

Finding cheap car insurance in Lawton, Oklahoma can seem like a daunting task. With dozens of insurance providers to choose from and a variety of factors that affect your rates, it’s hard to know where to start. But having the right insurance coverage is crucial for all drivers in Lawton, so it’s important to shop around and find an affordable policy that meets your needs.

In this comprehensive guide, we’ll walk you through everything you need to know about getting cheap car insurance in Lawton. We’ll cover which companies offer the lowest rates, tips for saving money on your premiums, minimum coverage requirements in Oklahoma, and more. With the right information, you can find an affordable car insurance policy that provides sufficient protection on the road.

Average Cost of Car Insurance in Lawton

The average monthly cost of car insurance in Lawton is $134, which is on par with the statewide average of $139 per month in Oklahoma. Rates can vary significantly depending on your specific risk factors like age, driving record, and credit score On average, a basic liability policy runs around $89 per month, while a full coverage policy costs approximately $179 per month

Car insurance rates in Lawton tend to be moderately priced compared to other cities in Oklahoma thanks to its lower population density and relatively low rate of car thefts. However, premiums have been steadily increasing statewide in recent years. Comparing quotes from multiple insurers and looking for available discounts can help Lawton drivers find the best deal.

Cheapest Car Insurance Companies in Lawton

While every driver’s situation is unique these three insurers offer some of the most affordable average rates in Lawton

• State Farm – State Farm offers impressively low rates in Lawton with average monthly premiums as low as $33 for minimum coverage and $60 for full coverage. They receive positive ratings for customer satisfaction as well.

• USAA – For military members and their families, USAA provides very competitive premiums along with great service. Average monthly premiums start at $42 for minimum coverage policies.

• GEICO – Known for its extensive list of discounts, GEICO offers below-average rates in Lawton. Expect premiums starting around $67 per month for minimum coverage.

When comparing car insurance quotes, be sure to consider discounts, coverage options, company ratings, and additional services offered by each insurer. Just because a company offers the lowest initial quote doesn’t mean it’s the best fit.

How to Get Cheap Car Insurance in Lawton

Drivers in Lawton have several options when it comes to reducing their car insurance premiums. Here are some of the most effective ways to lower your rates:

• Raise your deductible – Opting for higher deductibles like $500, $1,000 or $2,000 can substantially reduce your monthly payments. Just be sure you have savings to cover the out-of-pocket costs in the event of a claim.

• Improve your credit – Drivers with excellent credit scores pay some of the lowest rates for car insurance. Maintaining timely payments and reducing debt can boost your score.

• Ask about discounts – Most insurers offer discounts for things like bundling policies, paying your bill upfront, taking a defensive driving course, having multiple policies with the same provider, and more.

• Maintain a clean driving record – Drivers with accidents, speeding tickets, DUIs, and other violations on their record pay much higher rates. Being a safe, responsible driver can save you money.

• Shop around – Comparing personalized quotes from multiple insurance companies ensures you find the best rate for your situation. Rates can vary dramatically between insurers.

Oklahoma Car Insurance Requirements

Under state law, all drivers in Oklahoma must carry liability insurance coverage. The minimum required limits are:

• $25,000 bodily injury liability per person
• $50,000 bodily injury liability per accident
• $25,000 property damage liability

However, experts recommend getting more than the minimum coverage required. Policies with 100/300/100 liability limits provide better protection on Oklahoma roads.

Drivers who lease or have an auto loan on their vehicle are usually required to carry full coverage, which includes collision and comprehensive alongside liability protection. Uninsured and underinsured motorist coverage are also highly recommended to protect yourself from irresponsible motorists.

Average Insurance Rates in Lawton by Driving Record

Your driving history has a major impact on what you’ll pay for car insurance in Lawton. Here’s how common incidents affect average rates for full coverage policies:

• Clean record: $179/month
• Speeding ticket: $211/month (18% increase)
• At-fault accident: $246/month (38% increase)
• DUI: $328/month (83% increase)

Getting just one speeding ticket can increase your premium by nearly 20% on average. More serious violations like DUIs can nearly double your rates. Maintaining a clean driving record is critical to saving money on car insurance in Lawton.

Average Insurance Rates in Lawton by Age

Insurers consider younger drivers to be riskier and more accident-prone. As a result, drivers under 25 pay substantially higher premiums. Here are the average monthly rates for full coverage based on age:

• Teenagers: $365/month
• 20 years old: $231/month
• 30 years old: $128/month
• 40 years old: $104/month
• 50 years old: $98/month
• 60 years old: $94/month

Because of their lack of experience behind the wheel, teens pay nearly 4 times more than middle-aged drivers. Rates start to go down significantly around age 25 when drivers gain more experience.

Average Insurance Rates in Lawton by Credit Tier

In addition to driving history, insurers use your credit-based insurance score to determine risk. Drivers with excellent credit generally pay the lowest rates, while those with poor credit pay more. Here are the average monthly full coverage rates based on credit tier:

• Excellent credit: $128/month
• Good credit: $155/month
• Average credit: $179/month
• Poor credit: $243/month

On average, drivers with poor credit in Lawton pay almost double compared to those with excellent credit scores. Maintaining timely payments, reducing debt, and reviewing your credit report for errors can help improve this important factor.

Frequently Asked Questions

1. What is the minimum car insurance required in Lawton?

Oklahoma requires all drivers to carry at least 25/50/25 liability coverage. However, most experts recommend getting 100/300/100 limits for better protection.

2. How much does car insurance cost per month on average?

In Lawton, the average monthly cost of car insurance is about $134. Minimum coverage starts around $89/month while full coverage runs $179/month on average.

3. How can I get cheap car insurance in Lawton?

The best ways to lower your car insurance premium include raising deductibles, improving your credit score, maintaining a clean driving record, bundling policies, comparing quotes, seeking discounts, and more.

4. Which companies offer the cheapest car insurance in Lawton?

Some of the cheapest car insurance companies in Lawton include State Farm, USAA, GEICO, Allstate, and Mercury. Comparing personalized quotes is the best way to find affordable rates.

5. How much does a speeding ticket increase insurance rates?

Just one speeding ticket can increase your car insurance premium by around 18% or $30 per month on average in Lawton. Multiple violations lead to even higher rate hikes.

Finding affordable car insurance doesn’t have to be a stressful process. By understanding the major factors that affect your premiums and comparing quotes, Lawton drivers can secure the coverage they need at a price that fits their budget. Consider all your options and don’t settle for just the state minimum requirements. With the right policy in place, you can hit the road knowing you and your vehicle are protected.