Auto Insurance in Oklahoma

Auto insurance costs throughout the United States continue to fall and this has been reflected in the first set of figures released in 2010 pertaining to the first quarter of the year. The national average cost of a policy fell by $159 to a respectable $1,576. In Oklahoma, motorists are now enjoying cheaper auto insurance to the tune of 9% and the average price of a policy is now just $1,818. Although this is still higher than the national US average, there is little doubt that the drop in prices, compared to a similar period in 2009, will be very welcome.

Oklahoma is a Tort state and insurance must be purchased so ‘at fault’ drivers can meet their financial responsibilities. This is a legal requirement and a minimum level of auto insurance must be in place before a motorist can use a vehicle on public roads. The current minimum levels of auto insurance in Oklahoma are as follows:

  • $25,000 worth of bodily injury liability per person
  • $50,000 worth of bodily injury liability per accident
  • £25,000 of property damage cover

There are currently no legal obligations to purchase personal injury protection or coverage against uninsured/underinsured drivers. However, all insurance carriers are legally obliged to offer these beneficial add-ons and motorists are always advised to add these features to a new policy.

Although average costs for auto insurance have dropped considerably in Oklahoma, it is still possible to find further reductions on the price of a policy and this is best achieved when auto insurance is purchased online.

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