If you live in Oklahoma, it’s important to have good car insurance because it is an “at fault” state. This means that if you get into an auto accident and it’s determined to be your fault, you will be financially liable for the other person’s expenses incurred in the accident. There is minimum coverage that is required of all drivers in the state but you can opt for better coverage.
Minimum Required Coverage
Drivers in Oklahoma are required to carry at least a liability insurance policy. The policy should have minimum coverage amounts of:
* $25,000 per person for injury or death.
* $50,000 total for injury or death if multiple people were injured in an accident.
* $25,000 for property damage.
These amounts are low and you could be sued for damages exceeding these limits. When seeking cheap car insurance in Tulsa, OK, try to get as much coverage as you can within your budget.
Comprehensive Insurance
If you’re still paying for your vehicle, then the bank or lender will often require you to carry a collision and comprehensive insurance policy. Along with coverage amounts for liability, a comprehensive policy will also pay your expenses due to an accident along with expenses resulting from water damage, fire, and theft. Even if your car is paid off, if it’s a late model, you should still ask for cheap car insurance quotes for comprehensive policies.
Add-on Policies
There are add-on policies for car insurance in Tulsa, OK that you should consider buying. One of the most important add-ons will provide coverage for your expenses if you’re hit by an uninsured driver.
Uninsured motorist policies will usually cover damages and medical expenses that you’ve incurred in an accident. It’s important to protect your best interests by buying a cheap car insurance policy with the best coverage you can afford.
