High-risk drivers are less likely to be involved in fatal car accidents than other drivers. Oklahoma had 584 deaths in car crashes in 2019. This is 16.2 deaths per 100,000 people, which is well above the national average of 11 deaths per 100,000. Bankrate takes into account a variety of driving factors when determining high-risk drivers, including speeding tickets, DUI convictions, and any lapses in insurance coverage.
Oklahoma rates for high-risk auto insurance
High-risk drivers will pay more for Oklahoma car insurance than those without these factors. We will be discussing the high-risk factors that increase premiums below.
Rates for speeding tickets
A speeding ticket in Oklahoma will result in an increase of annual car insurance premiums, though the effect can vary greatly depending on which carrier you use. The data below shows that USAA will only increase premiums by 3% if a single speeding ticket is issued. Progressive’s average premium increases by 54% each year after a speeding ticket.
A conviction in Oklahoma for speeding can lead to increased car insurance premiums as well as fines and, in certain cases, jail time. A speeding ticket can result in demerit points being added to the driver’s record. A speeding violation is usually a 2 to 4-point demerit.
Rates for an accident
Average premiums for car insurance can be affected by accidents. These increases can vary greatly from one insurer to the next in Oklahoma. The chart below shows that State Farm’s average premiums rise only 3% after an accident.
Oklahoma is considered an “at fault” state for auto liability. Your insurance company will have to pay for personal injury and property damage if you are at fault in an accident. The rate of an accident will increase in proportion and could rise more depending on the severity of the claim. Rates will rise significantly if there are multiple accidents, as most insurance companies consider multiple accidents to be evidence that you have been driving recklessly .
Rates for DUI
DUI convictions are serious and can have a significant impact on your average annual car insurance premiums. A single DUI can increase the cost of car insurance by up to three times, but it is possible for carriers to raise rates by a smaller percentage. Car insurance companies cannot cancel coverage immediately after a DUI conviction in some states. Certain insurers won’t renew coverage after a DUI conviction.
A DUI conviction in Oklahoma will require a driver to file an SR-22 through their car insurance company. An SR-22 certificate proves that a driver has the required amount of liability insurance. The FR-44 is the required form in Florida and Virginia.
Teen drivers: Rate
After teenage drivers have been removed from their parents’ insurance, the average annual premium for auto insurance rises dramatically. Insurance companies believe that teens are more at risk because they have less driving experience. This is supported by data. Car insurers will charge more to cover this risk.
The risk of being involved in an accident decreases with age. After 25 years, car insurance premiums are usually level for drivers.
Who are high-risk drivers?
We have focused on the factors that insurance companies believe directly relate to driving ability in order to define high-risk drivers. These include serious traffic violations as well as accidents. This is because data strongly suggests that teens are less safe behind the wheel than other drivers.
In determining premiums, the car insurance industry considers more than just driving factors. Auto insurers will often consider other factors, which may be more risky than the driving factors. These include credit history, vehicle maintenance and safety features.
How to lower your rate for high-risk drivers
You can do a lot to increase your rate, if you’re a high-risk driver.
- You may be able to find defensive driving courses and other courses. You may be able to get a discount by asking your car insurance company.
- You should look for a vehicle that offers better safety features and features than your current car.
- Use defensive driving techniques and comply with all traffic laws.
Questions frequently asked
Which insurance company is best for high-risk drivers and their vehicles?
There is no one auto insurance company that is right for everyone. This article will help you identify the best companies to meet your needs. Get quotes from multiple high-quality car insurance providers to find the best fit.
How can you tell if you’re a high-risk driver or not?
A number of factors can determine whether you are high-risk driver, as we have already mentioned. These factors will be weighed differently by different insurers. Some carriers will consider you high-risk if there have been multiple accidents, speeding tickets or a DUI.
How can you get out of high-risk?
Drive carefully and follow all traffic regulations. Most car insurance companies will remove you from the high-risk category if you drive for several years without any violations. Ask your insurer for specific steps that you can take to remove yourself from this category, such as taking a safe driving class.