The purchase of auto insurance should not be taken lightly, yet it may be difficult to get affordable auto insurance in Oklahoma. Comparison shopping between several auto insurance providers is the most effective strategy for locating affordable coverage.
According to the most current study of rates for full coverage auto insurance in Oklahoma, American Farmers and Ranchers has the lowest average annual premium of $1,493, or $124 a month. This places them as the state's least expensive full coverage provider. On the other hand, the annual cost of full coverage auto insurance in Oklahoma is around $2,438, which breaks down to approximately $203 each month.
Although Oklahoma's minimum coverage costs an average of $589 per year, getting insurance at a lower cost is likely possible. For instance, State Farm has some of the most competitively priced auto insurance policies in Oklahoma, with prices as low as $278 a year, on average, for minimum coverage for a driver who is 35 years old and has a spotless driving record.
Good Drivers
If you have a clean driving record and are looking for the cheapest car insurance in Oklahoma, your first stop should be at Geico or State Farm. Both companies are likely to provide excellent coverage to good drivers in Oklahoma.
- Geico: $1,151
- State Farm: $1,372
- Oklahoma Farmers Union: $1,522
- Mercury: $1,638
- State Average: $1,840
Drivers With A Speeding Ticket
In Oklahoma, the average increase in car insurance premiums caused by a speeding citation is around $400 annually. Still, if you shop around for insurance, you should be able to avoid paying the highest rates.
Among the businesses that we looked at, USAA is the only one that provides vehicle insurance to veterans, military personnel, and their families. State Farm and USAA are also the only ones that provide affordable insurance to drivers in Oklahoma who have received a speeding citation.
- USAA: $1,394
- State Farm: $1,450
- Geico: $1,551
- Allstate: $1,970
- State Average: $2,221
Drivers Who Caused An Accident With Injury
In Oklahoma, the average increase in car insurance premiums caused by a negligent car causing an accident that harms another person is 44%. When it comes time to renew your insurance policy, it is a good idea to shop around and seek quotes from several providers to see if you can get a cheaper deal elsewhere.
Consider obtaining insurance estimates from State Farm, which offers Oklahoma motorists with a recent accident on their records prices comparable to those offered by other companies. If you meet the requirements, USAA is another alternative that has reasonable rates.
- State Farm: $1,528
- USAA: $1,576
- Geico: $2,032
- Allstate: $2,402
- State Average: $2,654
Drivers With A DUI
After a DUI conviction, the average rate increase for Oklahoma drivers is 41%; however, not all insurance companies raise rates by that much. Out of all the insurance providers that were looked at, only State Farm had an average premium for drivers of less than $2,000 per year. You may also be eligible for membership with USAA if you have a connection to the military.
- State Farm: $1,450
- USAA: $2,032
- Mercury: $2,060
- Geico: $2,126
- State Average: $2,593
Drivers With Poor Credit
According to the findings of our research, car insurance premiums in Oklahoma are increased by an annual average of 1,200 dollars for drivers with low credit compared to drivers with excellent credit.
The individual's credit history is often taken into consideration by auto insurance providers when determining prices. Insurance firms maintain that drivers with poor credit are more likely to file claims, which justifies charging higher premiums; however, this assertion has been met with controversy. You still have the option of looking for inexpensive vehicle insurance in Oklahoma. Among the firms we looked at, Geico is the best option for Oklahoma motorists with bad credit, followed by USAA as the next best option.
- Geico: $1,711
- USAA: $1,932
- Oklahoma Farm Bureau: $2,263
- Mercury: $2,297
- State Average: $3,058
Young Drivers Ages 18 To 25
Although the annual price for car insurance for a young driver in Oklahoma is over $3,000, our research revealed that three insurers charge young drivers an average rate of less than $2,000, making Oklahoma one of the states with the lowest premiums for young drivers.
Check with Geico, USAA, and Oklahoma Farmers Union if you are a young driver seeking affordable car insurance. You can also be eligible for reductions on your auto insurance if you are a student if you are currently enrolled in an educational program.
- Geico: $1,665
- USAA: $1,803
- Oklahoma Farmers Union: $1,995
- State Farm: $2,178
- State Average: $3,005
