Tulsa Car Insurance

When you are shopping for Tulsa car insurance it can help knowing what your minimum auto insurance requirements are so that you have a “base” from which to make all of your car insurance buying decisions. For the state of Oklahoma, the only type of insurance you are required to have is liability coverage in the form of 25/50/25. In other words, you are supposed to have $25,000 worth of bodily injury liability for one person in an accident, $50,000 worth of bodily injury liability for all people in an accident, and $25,000 worth of property damage liability. Keep in mind that liability coverage does not cover you, it covers others you harm in an accident in which you are found to be at fault. Bodily injury liability helps pays for the medical expenses, income lost, and/or pain and suffering. Property damage liability covers other cars or fixed pieces of property such as fences, telephone polls, and buildings.

The aforementioned three numbers are the lowest you can go, in terms of being covered, when you are shopping for car insurance Tulsa OK . Generally, the more cash you think you’ll have on hand in the event of a serious accident, the more you can afford to be closer to the minimum amount of liability coverage. Because most of us don’t have that kind of luxury, industry experts recommend that you have around 100/300/50 worth of liability coverage. In other words, $100,000 worth of bodily injury liability for one person in an accident, $300,000 worth of bodily injury liability for all the people in an accident, and $50,000 in property damage liability. These recommended numbers are based on the fact that the expenses resulting for a car accident have the potential to greatly exceed the minimum amount of liability required.

Aside from liability coverage, which is required, what other types of insurance should you consider looking at when shopping for car insurance in Tulsa?

Collision insurance: Pays for damage done to your car, whether or not you are found at fault. This type of insurance is usually required when you finance or lease your car.

Comprehensive insurance: Pays for damage done to your car, which did not occur as a result of a car accident. This would include things such as the weather, collisions with wildlife, theft. Just like collision insurance, it is almost always mandatory when you finance or lease your car.

Uninsured/underinsured motorist coverage: If another driver is either uninsured or underinsured in terms of their bodily injury liability coverage and they are at fault, they owe you money for medical expenses, lost wage, and/or pain and suffering. This type of coverage covers the difference between how much they are supposed to give to you and how much they can give to you as a result of their inadequate coverage.

Medical payments coverage: Covers your, your family members’, and your passengers’ medical costs, wage lost, and/or pain and suffering. If you have health insurance, you might not need this coverage.

GAP insurance: GAP, Guaranteed Auto Protection, only applies if you your car is totaled beyond repair or stolen. It covers the difference between what your insurance company pays you and how much you owe to your loan company. I explain it in greater detail in Bakersfield Car Insurance: Some Tips.

My other car insurance hubs:

Auto Insurance Discounters: Your Are Your Own Discounters!
Inexpensive Car Insurance: Some Tips
Cheap Car Insurance for Young Drivers Guide
Camper Van Insurance: Getting Camper Van Insurance Quotes
Independence Car Insurance Requirements
Fort Worth Car Insurance: Car Insurance in Fort Worth TX Regulations

Extra tip:

The Okalahoma Insurance Department website, in the consumers section has a comparison chart which would give you a good idea of the range of prices in the Tulsa area for car insurance in Tulsa OK.

When you are getting a Tulsa car insurance quote from insurance companies, the key is to shop around. The more quotes you get, the more options you have.