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Getting your first car is a major milestone—freedom, independence, and a playlist that’s all yours. But before you hit the road, there’s one more rite of passage: buying your first auto insurance policy.

At OKFB Insurance, we know the process can feel overwhelming, especially with so many unfamiliar terms and choices. This guide breaks down the basics, offers smart tips, and helps you make confident decisions—without the jargon.

What Is Auto Insurance, and Why Do You Need It?

Auto insurance isn’t just a good idea—it’s the law in Oklahoma. State law requires all drivers to carry liability coverage to help pay for injuries and property damage they may cause in an accident. But beyond meeting legal requirements, your auto insurance policy is a financial safeguard. It protects you from paying out-of-pocket for unexpected events like collisions, theft, or weather damage. At OKFB Insurance, we help you build a policy that not only complies with Oklahoma regulations but also gives you real peace of mind behind the wheel.

Understanding the Core Coverages

Here’s a quick breakdown of the main types of auto insurance coverage:

• Liability Coverage: This is typically required by law. It covers damages you cause to others, including medical bills and property damage.
  
• Collision Coverage: Pays for repairs to your car if you collide with another vehicle or object, regardless of fault.
  
• Comprehensive Coverage: Covers non-collision-related incidents like theft, vandalism, or natural disasters. While liability coverage is mandatory, collision and comprehensive are optional but often recommended, especially for newer vehicles or if you have a car loan.

 Tips for Choosing the Right Policy

1. Assess Your Needs: Consider the value of your car, your driving habits, and your financial situation.
   
2. Compare Quotes: Shop around to see what different insurers offer. Look beyond just the premium—consider coverage limits, deductibles, and customer service.
   
3. Understand Deductibles: A higher deductible can lower your premium but means you’ll pay more out-of-pocket in the event of a claim.

Look for Discounts That Make a Difference

One of the smartest things you can do as a new driver is take advantage of the discounts and credits available to help lower your insurance premium. At OKFB Insurance, we believe in rewarding smart choices and long-term loyalty. Here are just a few ways you could save:

• Scholastic Discount: Are you a full-time student doing well in school? You may qualify for our Scholastic Discount, which rewards classroom academic excellence. If you meet the eligibility requirements, you can save on specific auto coverages just for being a great student.

• Defensive Driving Discount: Complete a minimum six-hour accident prevention course (approved by the Oklahoma Department of Public Safety), and you could earn a discount. These courses are often available through your county Farm Bureau—and they not only help your wallet but also improve your driving skills.

• Driver Longevity Credit: Been with OKFB for at least a year? Good news—our Driver Longevity Credit could apply. It’s our way of rewarding safe, consistent driving and loyalty to OKFB with a premium credit that grows over time.

• Multi-Vehicle Discount: If your household has more than one vehicle insured through OKFB, you might qualify for a multi-vehicle discount. It’s an easy way to save if you’re sharing the driveway with siblings or parents who are also insured with us.

• Companion Discounts: Do you (or your family) have a Homeowners or Farm & Ranch policy with OKFB? You may be eligible for companion discounts by bundling your coverage. It’s just another way we make protecting what matters more affordable.

Not sure what discounts you qualify for? Our local agents are happy to walk you through it. We tailor your coverage to fit your life—not the other way around.

Factors That Affect Your Premium

Several factors influence how much you’ll pay for auto insurance:

• Age and Experience: Younger drivers often pay more due to less driving experience.
• Driving Record: A clean record can lead to lower premiums.
• Vehicle Type: The make, model, and year of your car can impact rates.
• Location: Where you live affects your premium due to factors like traffic density and crime rates.
• Credit History: In some states, insurers use credit scores to determine premiums.
  

Understanding these factors can help you make choices that may lower your insurance costs over time.

Why Choose OKFB Insurance?

At OKFB Insurance, we pride ourselves on being more than just an insurance provider—we’re your neighbors, committed to protecting our community. Our agents are knowledgeable, approachable, and ready to help you navigate your first policy with confidence.

Ready to Hit the Road?

Embarking on your driving journey is exciting, and having the right insurance policy ensures you’re protected every mile of the way. Contact OKFB Insurance today to speak with a local agent who understands your needs and can help you find the perfect coverage.

Drive safe, stay informed, and welcome to the road ahead!

We’re Here to Help

Whether you’re a longtime policyholder or just starting to look for insurance options, we’re here to help. If you have questions or concerns that you want to discuss, connect with your local OKFB agent today. If you have any insurance-specific questions, we would love to help you find the coverage that best meets your home, auto, commercial and life insurance needs.

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