How can I pay less for insurance in Oklahoma when my car isn't worth much?
I looked online and my old Ford Escape is worth about $5,000. I'm currently paying almost 20% of my vehicle's value on insurance. How can I pay less?
Answer provided by
Answered on Apr 21, 2021
Emily Maracle is a car insurance specialist living in New York. Originally from the Pacific Northwest, she has a degree in English Literature and a background in customer service. She enjoys cooking, gardening, and living sustainably. In the future, she can't wait to upgrade to a hybrid or electric car.
“The easiest way to lower your car insurance premium is to look at your coverages.
Having comprehensive coverage and collision coverage is always more expensive than having liability coverage only. Since your Escape is older, it may not be worth it to have collision and comprehensive coverage.
To pay less, you can also raise your deductible and ask your carrier if you qualify for any additional discounts.
Comparison shopping with multiple carriers is a great way to find cheap car insurance that will fit your budget and reduce your premium.
If you don’t have the time or energy to comparison shop by yourself, use Jerry. This free app can collect quotes from dozens of top insurance companies in seconds! “
Did this answer help you?
Ask us a question by email and we will respond within a few days.
Have a different question?
You can meet us at our office and discuss the details of your question.
Browse by topics
What others are asking
Best ways to bring your car insurance rates down?
I always thought that car insurance was just supposed to be super expensive. Mine is over $200 a month. But it turns out that's not true at all. My friend told me she's paying way less. How can I pay less, too?
Mar 12, 2021
Can doctors refuse to bill my Medpay after an accident?
Why won't my chiropractor bill my auto insurance directly? I'm worried about medical care costs in the event of an accident, so I purchased MedPay and tried to use it at the chiropractor after an accident.
Jul 01, 2021
If a repair shop considers my car a total loss, what does that mean?
The other driver's insurance company accepted liability for the accident and I was told to go to a car shop to get an estimate for repairs. They told me it was a "total loss." What does this mean for the insurance payment?
Jun 17, 2021