Note from the editor: Perhaps you are looking for car insurance for your first time, or want to shop for insurance to lower your monthly premium. This article is a good starting point to your research on car insurance. There are many factors that affect the cost of car insurance. While you might not be able to see exact premiums, they will give you an idea about the best rates available in your area.
There’s so much to see in Oklahoma, from bustling cities such as Tulsa or Oklahoma City to natural beauty like the Wichita Mountains. Your ride should be safe. Are you looking to save money on your car insurance?
We compared the estimated car insurance rates of several Oklahoma insurance companies and determined the average and cheapest estimates for basic coverage for a variety of driver profiles and needs.
Car insurance costs in Oklahoma
Oklahoma’s average monthly premiums for auto insurance range from less than $40 to the high $70s depending on which type of coverage is chosen and the driver profile.
Oklahoma’s average monthly auto insurance premiums
|
Driver and coverage |
Avg. Monthly cost |
|---|---|
| Oklahoma’s minimum state-required car insurance | $38.71 |
| Oklahoma drivers with bad credit | $66.89 |
| Multiple claims drivers in Oklahoma | $77.74 |
| Young drivers in Oklahoma | $63.93 |
Based upon our standard driver profile to ensure minimum coverage, unless noted
The cheapest car insurance in Oklahoma
Here are the Oklahoma’s five most affordable insurers for our standard driver profile. These rates were calculated using a particular driver profile as described in our methodology to ensure that we can evaluate all insurers equally and provide an accurate picture of the average driver’s costs.
Our Oklahoma driver profile, unless otherwise noted, includes a credit score of 680-719 and a car worth between $20,000-$30,000,000. The driver is between 36-45 years old and has never been charged or had coverage gaps. Rates can vary depending on your needs. We have also calculated the most affordable car insurance options for drivers who have different credit scores, ages, and coverage options.
1. Geico
Geico offers basic insurance for Oklahoma drivers starting at $22.48 per monthly. Geico provides minimum coverage and optional add-ons such as medical, collision and comprehensive, emergency road service and rental reimbursement, and mechanical breakdown coverages. Geico’s mobile app is a great option for tech-savvy drivers. It allows you to manage your policies, request roadside assistance, and even get a quote for repairing your car.
Review Geico car insurance.
2. Oklahoma Farmers Union
Oklahoma Farmers Union is now part of American Farmers and Ranchers. They could offer Oklahoma drivers profile car insurance starting at $23.92 per monthly for minimum coverage. AFR car insurance provides optional coverages such as collision, comprehensive, property damage, and uninsured motorist coverages. Additional insurance for theft, fire, lightning, transport, and transportation is also available. To receive discounts and coverage through this insurer, customers will need to work with an agent in their area.
3. USAA
USAA could offer Oklahoma’s driver profile a basic policy of auto insurance for as low as $24.67 per monthly. USAA car insurance is available to all USAA military personnel, their spouses, and their children. Coverages include liability, collision, comprehensive and uninsured/underinsured motorist insurance.
Review USAA auto insurance.
4. Mercury
Our Oklahoma driver profile can find car insurance policies for as low as $25.63 per monthly for minimum coverage with Mercury. Mercury provides all the standard coverage options plus additional coverages such as ride-hailing and roadside assistance. You can also get discounts for being a student, bundling policies or vehicles, and certain safety equipment.
Review Mercury car insurance.
5. State Farm
Our Oklahoma driver profile could be paying $26.83 per monthly for basic car insurance through State Farm. State Farm offers additional coverages, including collision, comprehensive, rental and rideshare, emergency service, and more. State Farm is a great choice for young drivers because of its Steer Clear program, teen driver discounts and other benefits.
See reviews about State Farm car insurance.
Oklahoma’s lowest-cost state-minimum auto insurance
To be able to drive legally in Oklahoma, you must have at least 25/50/25 coverage. This coverage is also known as state-minimum coverage. It may be the cheapest coverage you can purchase for your vehicle.
These companies might offer the lowest car insurance prices for drivers who need minimum coverage.
5 lowest car insurance companies Oklahoma to provide state-minimum coverage
|
1 |
Geico | $22.48/month |
|
2 |
Oklahoma Farmers Union | $23.92/month |
|
3 |
USAA | $24.67/month |
|
4 |
Mercury | $25.63/month |
|
5 |
State Farm | $26.83/month |
Based upon our standard driver profile, seeking minimum coverage for Oklahoma
Best car insurance for people with good credit in Oklahoma
The cost of your car insurance will also depend on how good your credit rating is. A general rule of thumb is that if you have excellent credit you will have lower car insurance costs than someone with bad credit.
These companies offer the lowest rates for minimum insurance coverage for drivers who have good credit.
The Oklahoma cheapest car insurance for people with good credit
|
1 |
State Farm | $18.25/month |
|
2 |
Oklahoma Farmers Union | $19.78/month |
|
3 |
Geico | $20.95/month |
|
4 |
Mercury | $21.43/month |
|
5 |
USAA | $21.93/month |
Based upon our standard driver profile, adjusted for Oklahoma drivers with a credit score of at least 720
Oklahoma’s lowest car insurance rates for people with poor credit
Car insurance may be more expensive for drivers with bad credit. However, there are ways to lower your car insurance costs. One way is to drive safely.
These companies might have the lowest rates for basic coverage for drivers with bad credit.
5 Best Car Insurance Companies in Oklahoma For People with Poor Credit
|
1 |
Geico | $27.40/month |
|
2 |
Home State Ins Group | $30.00/month |
|
3 |
Mercury | $32.81/month |
|
4 |
Oklahoma Farmers Union | $35.63/month |
|
5 |
Oklahoma Farm Bureau | $36.83/month |
Based upon our standard driver profile, adjusted for Oklahoma drivers with a credit score of less than 580
Cheapest car Insurance for Drivers with Multiple Claims in Oklahoma
How much car insurance you purchase will also depend on your claims history. If you have multiple claims, your premium might be higher.
These are the companies with the lowest rates for minimum coverage for drivers who have multiple claims.
5 best car insurance companies in Oklahoma to cover multiple claims
|
1 |
Oklahoma Farmers Union | $30.75/month |
|
2 |
State Farm | $46.13/month |
|
3 |
Geico | $49.13/month |
|
4 |
Home State Ins Group | $51.46/month |
|
5 |
Oklahoma Farm Bureau | $57.17/month |
Based upon our standard driver profile, adjusted for display rates for an Oklahoma driver who has two claims and not zero
Cheapest car insurance for young drivers in Oklahoma
Younger drivers might end up paying more for car insurance than their older counterparts. This is because insurers consider younger drivers to be less risky. Your rates will drop as you get older and have a better driving record.
These companies offer the lowest rates for basic coverage for drivers aged 18-21.
5 best car insurance companies in Oklahoma to young drivers
|
1 |
Oklahoma Farmers Union | $30.25/month |
|
2 |
Geico | $33.47/month |
|
3 |
State Farm | $42.50/month |
|
4 |
Mercury | $43.38/month |
|
5 |
Home State Ins Group | $43.46/month |
Based upon our standard driver profile. Adjusted to show rates for Oklahoma drivers aged 18-21 instead 36-45
Oklahoma Auto insurance requirements
Oklahoma law requires that Oklahoma residents have minimum $25,000 in bodily injury protection and $50,000 for each accident. There is also $25,000 for property damage protection. Your coverage obligations may be greater if you have a car lease or loan.
Is there usage-based insurance in Oklahoma ?
Usage-based insurance allows customers to pay premiums according to their driving habits. Oklahoma may have UBI programs available that can help drivers cut down on their premiums.
FAQs regarding the lowest car insurance rates in Oklahoma
What is Oklahoma’s minimum auto insurance?
Oklahoma requires 25/50/25 insurance. This means that drivers must have at least $25,000 per person, $50,000 per accident for bodily injury protection and $25,000 for property damage protection.
What’s the Oklahoma fine for driving without insurance?
You could be fined $250 or even sent to jail for driving in Oklahoma without insurance. Your license could be suspended or your car impounded.
Oklahoma is a state with no-fault auto insurance.
Oklahoma is considered an at-fault State. This means that the person responsible for causing an accident in Oklahoma will also have to pay for the damages of the victim.
Methodology
Based on an Oklahoma driver profile, the estimated rates shown in this article represent the lowest rates. The rates shown assume that there is only one driver on the policy, with no driving tickets and no claims. This estimate assumes that the vehicle is worth between $20,000 to $30,000 with an annual mileage of 12,000-15,000 and has an annual value of $20,000 to $30,000 Rates for insurance for good credit are based on scores of 720 and higher. Rates for insurance for people with poor credit range from 350 to 579. The estimated rates for young drivers are those between 18 and 21 years old. Multiple claims can lead to multiple rates.
Quadrant Information Services provides rates every six months. Quadrant Information Services does not include all insurance companies in the rate data. These rates are estimates and should not be used as a comparison. Rates can vary depending on many factors, including vehicle driving habits and past history.
Full coverage car insurance covers bodily injury, property damages, personal injury protection, collision, and comprehensive coverages. Oklahoma’s 50/25/50 insurance policy is included in the average monthly premium for minimum car insurance.