If you drive in Oklahoma, having the right auto insurance matters for protecting yourself and your car. Full coverage auto insurance goes beyond the state’s minimum requirements by including liability, collision, and comprehensive coverage.
This type of insurance helps cover damages to your car, other vehicles, and medical costs if you get into an accident.
The cost of full coverage in Oklahoma varies. It depends on stuff like your driving record, car type, and coverage limits.
On average, drivers pay around $1,200 for six months of full coverage, which is a bit higher than the national average. Knowing what full coverage includes and how much it might cost can help you make a smarter choice when picking a policy.
Key Takeways
- Full coverage includes liability, collision, and comprehensive protection.
- Prices depend on your driving history and the car you drive.
- Knowing your options helps you pick the best plan for your needs.
What Is Full Coverage Auto Insurance in Oklahoma?
Full coverage auto insurance in Oklahoma means you have more than just the basic coverage required by law. It includes several types of protection to cover injuries, property damage, and your own car in many situations.
You’ll see what full coverage really means, how it’s different from minimum liability coverage, and which coverages Oklahoma requires or usually includes.
Definition of Full Coverage
Full coverage auto insurance usually refers to a policy that combines liability, collision, and comprehensive insurance.
Liability covers injuries or damage you cause to others. Collision pays for damage to your car from crashes.
Comprehensive covers damage not caused by collisions, like theft, fire, or natural disasters. The term “full coverage” isn’t a legal term—it varies by insurer but generally means you have protection beyond Oklahoma’s basic requirements.
Difference from Minimum Liability
Minimum liability insurance in Oklahoma only covers injuries and property damage you cause to other people. The state requires:
- $25,000 per person for bodily injury
- $50,000 per accident for bodily injury
- $25,000 for property damage
This coverage doesn’t pay for damage to your car or your medical expenses.
Full coverage adds collision and comprehensive to protect your own vehicle, which can save you money if you have an accident or other loss.
Required Coverages in Oklahoma
Oklahoma requires drivers to carry liability insurance with these minimum amounts:
| Coverage Type | Minimum Amount |
|---|---|
| Bodily injury per person | $25,000 |
| Bodily injury per accident | $50,000 |
| Property damage | $25,000 |
Full coverage policies include these minimums plus collision and comprehensive.
Collision and comprehensive coverages are optional but recommended to protect your car from more risks. Without them, you may pay out of pocket to fix or replace your vehicle.
Key Components of Full Coverage Policies
Full coverage insurance goes beyond basic liability. It includes protections for damage to your vehicle, medical expenses, and accidents involving drivers without enough insurance.
These parts work together to reduce your financial risk.
Comprehensive Insurance
Comprehensive insurance covers damage to your car from events other than collisions. This includes theft, fire, vandalism, weather damage like hail or floods, and hitting an animal.
If your car is damaged by these risks, comprehensive insurance pays for repairs or replacement. You’ll usually pay a deductible first.
This coverage is especially helpful if you live somewhere with high risks of natural damage or theft.
Collision Insurance
Collision insurance pays for damage to your vehicle caused by hitting another car or object. That means crashes with trees, poles, or guardrails.
If you’re at fault in an accident, collision coverage helps cover repair costs. Like comprehensive insurance, it has a deductible you must pay before coverage kicks in.
This coverage is useful if you want to protect your car’s value or if you have a loan or lease that requires it.
Uninsured and Underinsured Motorist Coverage
This coverage protects you if you get into an accident where the other driver has no insurance or not enough insurance to cover your damages.
In Oklahoma, plenty of drivers only carry the minimum liability required, which might not cover all your costs. This coverage helps pay for your medical bills and car repairs in those cases.
It also covers hit-and-run accidents.
Personal Injury Protection
Personal Injury Protection (PIP) covers your medical expenses and sometimes lost wages after an accident, regardless of who caused it.
PIP can pay for things like hospital bills, doctor visits, and rehab. Some policies may also cover funeral costs.
Oklahoma offers PIP as an optional coverage to protect you and your passengers financially after a crash.
Cost and Factors Affecting Full Coverage Auto Insurance in Oklahoma
Knowing the costs and what changes your rate can help you make better insurance choices. Your price depends on where you live, your driving habits, and the kind of car you drive.
Average Premiums in Oklahoma
The average yearly cost for full coverage car insurance in Oklahoma usually falls between $1,500 and $2,750. Rates vary by insurer, but a common range is around $2,200 to $2,750 per year.
Some companies, like USAA, can offer prices near $1,500 if you qualify. You can expect to pay about $190 monthly on average, but your exact price depends on your specific details.
Influence of Driving Record
Your driving history plays a big role in your insurance cost. If you have accidents, tickets, or claims, your rates will go up.
No violations or claims usually means lower premiums. Insurers see safe drivers as less risky and reward you with better rates.
Each insurance company looks at your record a bit differently, but all pay close attention to recent tickets and accidents.
Vehicle Type and Age
The kind of car you drive changes your insurance cost a lot. Newer or expensive cars cost more to insure because repairs and parts are pricier.
Cars with high safety ratings or lower theft rates often lower your premium. Older vehicles might not be worth full coverage due to their low value.
Insurance companies use your car’s make, model, and year to decide how much risk they take. This directly affects what you pay.
Tips for Choosing the Best Full Coverage Policy in Oklahoma
When picking a full coverage policy, it helps to see how different providers stack up and what discounts you can use. This way, you can get the right coverage while saving some money.
Comparing Insurance Providers
Start by checking several insurance companies. Look at their coverage options, customer service, and claims process.
Some providers may offer better protection for the price, making them a better choice for you. Check if the company is licensed in Oklahoma and has good reviews from local drivers.
It’s also smart to get quotes from at least three insurers to compare costs. Don’t just pick the cheapest option—make sure the coverage fits your needs, including liability, collision, and comprehensive insurance.
Discounts and Savings Opportunities
Most insurers offer discounts that can lower your premium. You might be eligible for savings based on your driving record, age, or even the car you drive.
Some deals include bundling home and auto, safe driver perks, and good student discounts. It’s worth asking each insurance company about the discounts they offer.
Sometimes, paying your premium all at once for the year—rather than monthly—can help you save a bit more. Why pay extra if you don’t have to?