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Best Car Insurance in Oklahoma: Everything You Need to Know

To find the best car insurance in Oklahoma, you need to understand the factors that influence pricing. Each company provides auto insurance quotes based on the level of coverage you want, your geographic location, your driving history, your age, and many other details. Shopping around can help you find an ideal policy for your needs at an affordable price.

Best Auto Insurance in Oklahoma for Customer Service

According to data from Bankrate.com, USAA has the best claims experience and customer service reputation among insurance companies that serve Oklahoma. However, this insurer only writes policies for military members and their families. If you do not fall into this category, the website recommends Allstate or State Farm.

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Bankrate reports the percentages of customers who ranked their claims satisfaction and customer service experience, respectively, as excellent:

  • Allstate: 72 percent, 47 percent
  • Farmers Insurance: 71 percent, 38 percent
  • GEICO: 64 percent, 42 percent
  • Progressive: 74 percent, 34 percent
  • State Farm: 73 percent, 46 percent
  • USAA: 78 percent, 62 percent

    ValuePenguin collected data from the National Association of Insurance Commissioners (NAIC) comparing customer service feedback to market share to develop a ratio called a complaint index. Farmers Insurance had the lowest complaint index of 0.49, meaning it received only 49 percent of the average expected rate of complaints based on its market share. Allstate and Mutual also have complaint indexes below 1.

    ValuePenguin reported the respective NAIC complaint index, J.D. Power Claims Satisfaction Rating, and A.M. Best Financial Strength Rating for several major insurance companies serving Oklahoma:

    • Allstate: 0.63, 876, A+
    • Farmers: 0.49, 872, A
    • Progressive: 0.67, 856, A+
    • Shelter Mutual: 0.51, N/A, A
    • State Farm: 0.66, 881, A++

      Reviews.com recommends Shelter Mutual for customer satisfaction. The company offers many coverage options and includes bonuses such as roadside assistance and new car replacement in every policy.

      Shelter Mutual customers in Oklahoma can access discounts for:

      • Taking driver education and accident prevention courses
      • Serving in the military
      • Having vehicles with passive restraint systems
      • Insuring multiple cars or purchasing multiple types of insurance
      • Paying the full cost of the policy in advance
      • Maintaining a safe driving record
      • Maintaining good academic standing

        Cheapest Auto Insurance Companies for Minimum Coverage

        MoneyGeek reports these companies have the most affordable minimum coverage rates for Oklahoma drivers:

        • Allstate: $615 per year
        • Farm Bureau: $522 per year
        • Farmers Insurance: $707 per year
        • GEICO: $877 per year
        • Progressive: $512 per year
        • Shelter Mutual: $964 per year
        • State Farm: $352 per year

          While USAA charges $341 per year for minimum coverage, this insurer only provides policies for military members and veterans and their families.

          Oklahoma requires drivers to carry at least $25,000 per person and $50,000 per accident in bodily injury liability coverage as well as $25,000 in property damage liability coverage. These policies pay for damage and injury to others if you cause an accident. They do not cover damage to your own vehicle, which falls under optional collision insurance.

          Most Affordable Full Coverage Policies in Oklahoma

          Full coverage typically includes minimum Oklahoma liability coverage plus comprehensive and collision insurance. Compare.com estimates Oklahoma drivers pay an average of $250 monthly or $2460 per year for full coverage insurance. The website reports these average monthly and annual costs for full coverage by insurance company:

          • Allstate: $199/$2385
          • Oklahoma Farm Bureau: $169/$2026
          • State Farm: $125/$1496

            Largest Insurance Companies in Oklahoma

            MoneyGeek reports the largest insurers in Oklahoma according to market share:

            • Allstate: 7.3 percent
            • CSAA: 3.3 percent
            • Farmers Insurance: 11 percent
            • GEICO: 7.7 percent
            • Liberty Mutual: 6.3 percent
            • Oklahoma Farm Bureau: 3.8 percent
            • Progressive: 10.6 percent
            • Shelter: 3.5 percent
            • State Farm: 24 percent
            • USAA: 6.6 percent

              Best Coverage Options in Oklahoma

              Reviews.com reports that Farmers Insurance offers the most expansive auto insurance policy options for reasonable premiums. You can create a policy that meets your needs and take advantage of a variety of discounts for:

              • Taking driver education and accident prevention courses
              • Having vehicles with passive restraint systems
              • Insuring multiple cars or purchasing multiple types of insurance
              • Paying the full cost of the policy in advance
              • Maintaining a safe driving record
              • Maintaining good academic standing
              • Maintaining membership in an affinity group such as an alumni association
              • Enrolling in paperless billing or automatic payments
              • Having a good payment history
              • Insuring a young driver on your policy
              • Sharing a car with more than one insured driver
              • Owning a home
              • Being age 65 or older

                Factors That Affect Oklahoma Auto Insurance Costs

                Your geographic location influences your premium cost for Oklahoma auto insurance. Drivers pay the most expensive average annual premiums in Warr Acres ($833), Tulsa ($812), and Del City ($804), according to Reviews.com. You’ll find the lowest annual premiums on average if you live in Altus ($486), Woodward ($484), or Guymon ($475).

                ValuePenguin reports that areas with higher population densities tend to have higher auto insurance rates. For example, the site found that Oklahoma City drivers pay an average of $2748 per year for auto coverage. It reports the most expensive annual premiums in Forest Park ($2868) and the most affordable of $2220 in Indiahoma.

                Best Local Option

                If you prefer to insure with a local company, Reviews.com recommends working with Oklahoma Farm Bureau. This firm offers low coverage rates and local service, including special perks for members of the state farm bureau. However, you cannot get an online quote from Oklahoma Farm Bureau. Discounts this insurer offers include:

                • Multi-vehicle and multi-policy discounts
                • Customer loyalty discounts
                • Good student discounts
                • Discounts for taking defensive driving courses

                  Check this out if you need additional information, resources, or guidance on car insurance.

                  Sources:

                  Compare Cheap Car Insurance Rates in Oklahoma | valuepenguin.com

                  The Best Cheap Car Insurance in Oklahoma for 2021 | moneygeek.com

                  Compare Oklahoma Car Insurance Rates Online | compare.com

                  The Best Oklahoma Auto Insurance | reviews.com

                  Best car insurance in Oklahoma for 2021 | bankrate.com

                  Car Insurance | caranddriver.com

                  Best Full Coverage Car Insurance: Everything You Need to Know | caranddriver.com

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