If you opened your latest auto insurance bill and felt a wave of sticker shock, you’re not alone. Across Oklahoma — including right here in Glenpool — drivers are seeing noticeable increases in their premiums, even when they haven’t filed a claim.
So what’s going on?
At Greg Wilson Agency, we believe in transparency. Here’s a breakdown of why rates are rising, what you can do about it, and how an independent agent can help you save.
1. Rising Repair and Replacement Costs
Cars are more expensive to fix and replace than ever before. Why?
Advanced safety and tech features (cameras, sensors, computers)
Supply chain issues still affecting parts and labor availability
More total losses due to higher vehicle values
Insurance carriers have to account for this increased cost — and that’s reflected in your premium.
2. More Accidents and Larger Payouts
According to recent traffic data, accident rates in Oklahoma are up. And when accidents happen, the payouts are higher due to:
More injury claims
Higher medical costs
Larger settlements and lawsuits
This affects everyone — not just those who have been in a crash.
3. Increased Auto Theft and Fraud
Oklahoma has one of the higher rates of auto theft in the country, and fraudulent claims continue to rise. That risk is shared across policyholders, which leads to higher overall rates.
4. Your Personal Rating Factors Still Matter
While market conditions affect everyone, your individual premium is still based on:
Driving history and age
Credit score (in most cases)
Where you live (yes, even ZIP code can impact it)
Type of car you drive
How many miles you drive per year
Even if none of these factors have changed, the system recalculates your risk at each renewal.
What You Can Do to Lower Your Rates
You’re not powerless — here are a few things we help our clients with every day:
Compare rates from multiple carriers (we do that for you)
Ask about low mileage, multi-policy, and safe driver discounts
Adjust coverages or deductibles strategically
Consider usage-based options — but ask us about the pros and cons
Don’t Overpay. Let Us Help.
We work with dozens of carriers that write auto insurance in Oklahoma. Some specialize in high-risk drivers, some reward safe drivers, and others offer loyalty discounts or unique benefits.
Instead of letting your rate increase silently, give us a call. We’ll review your current coverage and find out if there’s a better fit out there.
Greg Wilson Agency – Your Local Glenpool Insurance Experts
918-291-8358
Visit us in Glenpool or request a quote online https://app.usecanopy.com/c/GregWilson.