How To Lower Auto Insurance For Seniors In Oklahoma
Reader’s Question:
I want to understand why elderly car insurance is expensive and I want to help my grandmother here in Oklahoma keep car insurance expenses down. Thanks!
Ralf
Broken Arrow, OK
It is unfortunate that elderly people have to pay higher for auto insurance. Statistics, however, have shown that senior citizen drivers are very much prone to getting involved in car accidents. With only teenagers ranking higher in deaths and injuries resulting from vehicular collisions. Most auto insurance providers don’t have much of a choice since the physiological effects of aging, deteriorating eyesight, decreased strength and stamina while driving, slower reflexes to avoid accidents and many other factors have caused older people to have no choice but be tagged as “High-Risk” drivers. But that doesn’t mean that you and your grandmother there in Oklahoma would just have to live with it. There are still ways to compensate for high elderly car insurance rates, here are a few tips:
Enroll In Defensive Driving Classes.
Regardless of age, it is always a good idea to take defensive driving lessons as these enhances your skills in driving safely. Accredited courses would also qualify you to get additional discounts towards your auto insurance rates.
Drive an Older Vehicle.
Drive an Older or at least a less expensive car. Switching to an older vehicle will cost your grandmother less in terms of auto insurance premiums and you can even decrease or drop comprehensive and collision damage insurance.
Increase Your Deductibles.
Did you know that the higher your deductibles the lower your auto insurance premiums would become?
Do You Get Lower Oklahoma Car Insurance If You Get Married?
Reader’s Question:
They say that if you get married, your auto insurance rates will go down. Is this true? My boyfriend and I would like to know more information that could help us lower our car insurance rates here in Oklahoma, Thanks!
Cassie
Tulsa, OK
It is quite possible for your auto insurance rates there in Oklahoma to go down once you get married. More so if you and your spouse or spouse-to-be have excellent driving and credit histories. Car insurance companies generally see married couples as less prone to getting involved in car accidents as compared to singles. This is of course, all based on accumulated statistical data over the years by institutions like the Insurance Institute for Highway Safety (IIHS) However, relying on marriage alone would not really be that reliable to effectively save you a lot of money towards your auto insurance premiums.
If you are looking into ways to save on your insurance rates, here are some tips and suggestions:
1. Increase your deductibles – agreeing to pay for a higher deductible when you file for an insurance claim (but you would do everything possible not to let that happen, right?) will actually make your regular auto insurance premiums lower.
2. Take Defensive Driving Classes – you and your spouse can take state accredited defensive driving classes that will not only make both of you safer drivers on the road, it will also result into added discounts towards your insurance premiums.
3. Consider driving an older vehicle – it costs less to provide insurance to older vehicles, since you can opt to minimize or even drop comprehensive and collision insurance coverage, as compared to expensive, brand new vehicles.
What Does High Risk Auto Insurance Mean?
Reader’s Question:
My brother said that he is having difficulty finding an auto insurance company who will insure him here in Tulsa, Oklahoma because he is a high risk driver. What does this mean and how do auto insurance companies determine if someone is a high risk driver?
Terell
Tulsa, OK
There are certain factors that some auto insurance providers look for to find out whether or not a driver is in the high-risk category. In general, it can be determined by looking at the person’s driving history. If you look at your brother’s driving record in Tulsa, Oklahoma and you see that the details on it are alarming and need special attention, chances are auto insurance companies would classify him as a high-risk driver. If his driving history is not so good, he is going to be tagged as a high-risk driver instantly. It may not seem fair because he won’t have the chance to explain, but this is how auto insurance companies work.
Auto insurance companies not only look for car accidents where your brother is at fault, but also at no-fault accidents and any tickets he could have received. Any car insurance provider would consider each speeding ticket a driver receives as boosting up the chances of being involved in any kind of traffic accident by 100%. If a driver have been involved in a lot of car accidents, auto insurance companies consider that as indication of reckless driving, whether at fault or not.