In a Nutshell
The average cost of car insurance in Oklahoma varies based on individual circumstances, such as credit score, age, driving history and vehicle. We’ve crunched the data for several different driver profiles and found some of the lowest-cost insurers for drivers in Oklahoma.Note from our editor: Maybe you’re searching for car insurance for the first time or want to do some insurance shopping to help lower your monthly premium? This article can serve as a starting point for your car insurance research. There are a lot of factors when it comes to the cost of car insurance, so while you may not see the exact premiums we’ve researched, they can give you an idea of some of the insurers offering the cheapest rates in your state.
From bustling cities like Tulsa and Oklahoma City to the natural beauty of the Wichita Mountains, there’s a lot to explore in Oklahoma. But your ride must be protected. Could you be saving money on car insurance?
We looked at estimated car insurance rates from several insurance companies in Oklahoma and calculated the average cost and the cheapest estimated rates on basic coverage for several driver needs and profiles.
We based our calculations on a relatively neutral driver profile — no accidents, claims or tickets, for example — to evenly compare and get a baseline view of insurers’ rates (see our full methodology). The rates you see may be higher or lower given factors that affect car insurance like your personal driving history, age, vehicle type, mileage and coverage options.
Read on to learn about Oklahoma’s average car insurance rates and our findings for the cheapest options.
- Cost of car insurance in Oklahoma
- 5 cheapest car insurance companies in Oklahoma
- Cheapest state-minimum car insurance in Oklahoma
- Cheapest car insurance for good credit in Oklahoma
- Cheapest car insurance for poor credit in Oklahoma
- Cheapest car insurance for drivers with multiple claims in Oklahoma
- Cheapest car insurance for young drivers in Oklahoma
- Oklahoma auto insurance requirements
- Is usage-based insurance available in Oklahoma?
- FAQs about the cheapest car insurance rates in Oklahoma
- Methodology
Cost of car insurance in Oklahoma
Average monthly premiums for car insurance in Oklahoma range from over $40 up into the mid-$80s, depending on the type of coverage and driver profile.
Average monthly auto insurance premiums in Oklahoma
| Driver or coverage | Avg. monthly cost |
|---|---|
| State-minimum car insurance in Oklahoma | $42.80 |
| Drivers with poor credit in Oklahoma | $69.37 |
| Drivers with multiple claims in Oklahoma | $84.38 |
| Young drivers in Oklahoma | $85.59 |
5 cheapest car insurance companies in Oklahoma
Below are the five cheapest insurers in Oklahoma for our standard driver profile. We’ve calculated these rates based on a specific driver profile, as detailed in our methodology, to help us assess insurers evenly and get the best sense of the costs for an average driver.
Unless otherwise noted, our Oklahoma driver’s profile includes a credit score between 680 and 719 and a car valued between $20,000 and $30,000. The driver is between 36 and 45 years old with no tickets or coverage gaps. Your rates could be different depending on your own needs — that’s why we’ve also calculated the cheapest car insurance options for drivers with different credit scores, ages and coverage options.
1. Geico
Geico offers a wide range of coverage options and many opportunities to save money for safe driving habits, safety equipment and customer loyalty. Its mobile app allows users to manage their policies, pay bills, request roadside assistance and more. Read reviews of Geico to learn more.
2. Oklahoma Farmers Union
Oklahoma Farmers Union, now part of American Farmers and Ranchers (AFR), offers optional add-ons like property damage liability, collision, comprehensive, uninsured motorist and transportation expense coverages. Additional fire, lightning, transportation and theft insurance are also available. The company offers insurance through a network of independent agents.
3. Mercury
Founded in 1962, Mercury provides auto, home, condo, renters, business and mechanical protection insurance. Standard car insurance discounts are available, such as multi-car, good student, good driver, bundling, anti-theft device and pay-in-full. Repairs made by a Mercury-authorized auto shop are guaranteed for as long as you own your car. Read reviews of Mercury to learn more.
4. USAA
USAA is available to military members and their families. USAA auto insurance is available nationwide with various discount opportunities, including unique savings for deployed military members. The USAA app allows members to manage their policy from their mobile devices. USAA offers standard and optional coverage options. Read reviews of USAA to learn more.
5. Home State Ins Group
Home State Insurance Group sells insurance in Oklahoma via Equity Insurance. Equity provides car insurance via independent agents with no credit check.
Cheapest state-minimum car insurance in Oklahoma
Oklahoma requires a minimum of 25/50/25 insurance coverage to drive legally. This coverage, known as state-minimum insurance, may also be the least expensive coverage you can buy for your vehicle.
The following companies may offer the cheapest car insurance for drivers seeking state-minimum coverage.
5 cheapest car insurance companies in Oklahoma for state-minimum coverage
| 1 | Geico | $22.37/month |
| 2 | Oklahoma Farmers Union | $24.25/month |
| 3 | Mercury | $30.17/month |
| 4 | USAA | $33.66/month |
| 5 | Home State Ins Group | $34.71/month |
Cheapest car insurance for good credit in Oklahoma
Your credit is also a factor in the cost of your car insurance. In general, if you have good credit, you’ll have a lower car insurance bill than someone with poor credit.
These companies have the lowest rates on minimum insurance coverage for drivers with good credit.
5 cheapest car insurance companies in Oklahoma for those with good credit
| 1 | Oklahoma Farmers Union | $19.92/month |
| 2 | Geico | $20.71/month |
| 3 | State Farm | $22.54/month |
| 4 | Mercury | $24.75/month |
| 5 | USAA | $29.69/month |
Cheapest car insurance for poor credit in Oklahoma
Conversely, drivers with poor credit may pay more for car insurance. But there are other ways to keep your costs down — notably by maintaining a safe driving record.
The following companies may have the lowest estimated rates on basic coverage for drivers with poor credit.
5 cheapest car insurance companies in Oklahoma for those with poor credit
| 1 | Geico | $27.39/month |
| 2 | Home State Ins Group | $34.71/month |
| 3 | Oklahoma Farmers Union | $36.58/month |
| 4 | Mercury | $39.71/month |
| 5 | Oklahoma Farm Bureau | $45.83/month |
Cheapest car insurance for drivers with multiple claims in Oklahoma
Your claims history also factors into how much you pay for car insurance. You might have a higher premium if you have multiple claims on your record.
Here are the companies that have the lowest estimated rates on minimum coverage for drivers with multiple claims.
5 cheapest car insurance companies in Oklahoma for multiple claims
| 1 | Oklahoma Farmers Union | $31.42/month |
| 2 | Geico | $49.66/month |
| 3 | State Farm | $58.50/month |
| 4 | Home State Ins Group | $59.88/month |
| 5 | Shelter | $69.27/month |
Cheapest car insurance for young drivers in Oklahoma
Finally, younger drivers may find themselves paying more for car insurance than older drivers, as insurers typically consider younger drivers riskier to insure. Over time, as you age and develop a history of safe driving, your rates will go down.
These companies have the lowest estimated rates on basic coverage for drivers between ages 18 and 21.
5 cheapest car insurance companies in Oklahoma for young drivers
| 1 | Oklahoma Farmers Union | $34.25/month |
| 2 | Geico | $39.14/month |
| 3 | Home State Ins Group | $55.75/month |
| 4 | Progressive | $70.04/month |
| 5 | State Farm | $73.21/month |
Oklahoma auto insurance requirements
Oklahoma requires a minimum of $25,000 per person and $50,000 per accident of bodily injury protection, plus $25,000 of property damage protection. If you have a car loan or lease, your coverage responsibilities may be more extensive.
Is usage-based insurance available in Oklahoma?
Usage-based insurance is a type of vehicle insurance that allows customers to pay premiums based on their driving behavior. In Oklahoma, insurers may offer UBI programs that help drivers save money on their premiums.
FAQs about the cheapest car insurance rates in Oklahoma
Oklahoma requires 25/50/25 insurance. That means drivers must carry a minimum of $25,000 per person and $50,000 per accident of bodily injury protection, plus $25,000 of property damage protection.
If you’re caught driving without insurance in Oklahoma, you could face a $250 fine or up to 30 days in jail. You could also have your license suspended and your car impounded.
Oklahoma is an at-fault state, which means the person found responsible for causing an accident will also be responsible for covering the other person’s damages.
Methodology
The estimated rates in this article are the lowest estimated rates based on the profile of a driver aged 36 to 45 living in Oklahoma. Unless otherwise noted, the rates displayed assume a single driver on the insurance policy with no tickets on their driving record and no claims or coverage lapses. The vehicle used in this estimate is valued between $20,000 and $30,000 and has annual mileage of 12,000 to 15,000. Estimated rates for insurance for good credit apply to scores of 720 or higher. Estimated rates for insurance for poor credit apply to scores from 350 to 579. Estimated rates for young drivers include those aged 18 to 21. Estimated rates for those with multiple claims are calculated based on two claims.
Note that the rates are provided every six months by Quadrant Information Services. Quadrant Information Services doesn’t include all insurance companies in its rate data. These are estimated rates meant only to provide a frame of reference and comparison. Your rates may vary depending on factors such as age, vehicle driving habits, and history.
The average monthly premium for full coverage car insurance includes bodily injury, property damage, uninsured motorist, personal injury protection, collision and comprehensive coverages. The average monthly premium for state-minimum car insurance includes an Oklahoma-mandated 50/25/50 insurance policy.