Compare Rates and Save on Auto Insurance

widget-location-pin

Several factors play a major role in determining car insurance costs, including age, credit score, driving record, choice of insurer and the number of drivers on the policy.

For full coverage, State Farm is the cheapest company for drivers in their 40s ($662 per year) and young adults ($818 per year). The most expensive companies are Home State Insurance Group ($1,290 per year) for drivers in their 40s and Shelter for young adults ($1,755 annually).

MoneyGeek Logo IconCar InsuranceCosts inOklahoma
2023

Table of Contents

Average Car Insurance Costs in Oklahoma (2023)

In Oklahoma, the average cost of car insurance is $928 annually or $77 monthly. Your coverage level and driving record have a substantial impact on the cost of your policy. Drivers in Oklahoma pay the following rates based on their driving histories:

  • Clean record: $928 per year
  • Speeding ticket: $1,157 per year
  • DUI: $1,362 per year
  • Accident: $1,415 per year

The rates mentioned above pertain to full coverage policies. While minimum coverage rates are generally cheaper, they provide less coverage than full coverage policies.

Driving Record
Annual Premium
Monthly Premium

Clean

$363

$30

Clean

$372

$31

Clean

$465

$39

Ticket

$467

$39

Ticket

$486

$40

DUI

$573

$48

Ticket

$574

$48

DUI

$585

$49

At-Fault Accident

$592

$49

At-Fault Accident

$622

$52

DUI

$693

$58

At-Fault Accident

$719

$60

Clean

$885

$74

Clean

$928

$77

Ticket

$1,124

$94

Ticket

$1,157

$96

Clean

$1,186

$99

DUI

$1,297

$108

DUI

$1,362

$114

At-Fault Accident

$1,396

$116

Ticket

$1,412

$118

At-Fault Accident

$1,415

$118

DUI

$1,637

$136

At-Fault Accident

$1,717

$143

Why Are Car Insurance Rates Moderate in Oklahoma?

With an average cost of $928 per year, car insurance policies in Oklahoma are slightly cheaper than the national average of $1,054 per year. This discrepancy can be attributed to factors such as lower car theft rates, moderate traffic density, cheaper insurance companies and lower urban population densities. Personal factors like age and driving history can impact car insurance costs and may increase premiums.

Average Car Insurance Costs in Oklahoma by Company

The rates provided are estimates, so your premiums may vary from the average cost of a policy because different insurance companies have their own rates and pricing structures. For instance, State Farm offers the cheapest car insurance in Oklahoma at $215 per year for minimum coverage ($662 per year for full coverage). Home State Insurance Group offers the most expensive full coverage policies at $1,290 per year. Allstate charges the highest annual rates for minimum coverage at $509.

Rates are also influenced by the level of coverage you choose. While liability-only insurance tends to be cheaper, you can find affordable options for full coverage insurance by comparing quotes from different insurers.

Company
Annual Premium
Monthly Premium

State Farm

$200

$17

State Farm

$215

$18

Progressive

$220

$18

Progressive

$240

$20

State Farm

$258

$22

Mercury

$282

$23

Progressive

$287

$24

GEICO

$347

$29

Mercury

$363

$30

Mercury

$367

$31

Shelter

$384

$32

Farmers

$395

$33

Oklahoma Farm Bureau

$400

$33

GEICO

$408

$34

GEICO

$415

$35

Farmers

$444

$37

Oklahoma Farm Bureau

$446

$37

Shelter

$481

$40

Home State Ins Group

$500

$42

Allstate

$509

$42

Allstate

$524

$44

Farmers

$527

$44

Home State Ins Group

$532

$44

Home State Ins Group

$568

$47

Allstate

$570

$48

State Farm

$579

$48

State Farm

$662

$55

Oklahoma Farm Bureau

$728

$61

Shelter

$751

$63

Mercury

$759

$63

GEICO

$789

$66

Progressive

$814

$68

State Farm

$818

$68

GEICO

$827

$69

Allstate

$840

$70

Mercury

$860

$72

Farmers

$914

$76

Shelter

$920

$77

Farmers

$921

$77

Allstate

$930

$77

Allstate

$930

$78

Progressive

$933

$78

GEICO

$954

$79

Oklahoma Farm Bureau

$979

$82

Mercury

$1,013

$84

Oklahoma Farm Bureau

$1,152

$96

Shelter

$1,156

$96

Progressive

$1,187

$99

Farmers

$1,200

$100

Home State Ins Group

$1,290

$108

Home State Ins Group

$1,322

$110

Home State Ins Group

$1,442

$120

Oklahoma Farm Bureau

$1,632

$136

Shelter

$1,755

$146

Insurance Rates

Compare Insurance Rates

Ensure you are getting the best rate for your insurance. Compare quotes from the top insurance companies.

widget-location-pin
mglogo icon
MONEYGEEK’S OKLAHOMA CAR INSURANCE CALCULATOR

The cost of your policy depends on your coverage level and other personal factors, such as your age and driving record. MoneyGeek's Oklahoma car insurance calculator can assist you in getting a better understanding of the rates you may encounter.

Average Car Insurance Costs in Oklahoma by Coverage Level

The average cost of car insurance in Oklahoma varies based on the coverage limit you choose, with premiums increasing as the coverage level goes up. For minimum coverage, the cost can be as low as $363 per year, while the highest coverage option can cost $1,163 per year.

Full coverage plans include comprehensive and collision insurance, which can increase your premiums by hundreds of dollars each year. You're also able to save money by increasing your deductible.

Average annual car insurance rates by coverage tier

Minimum coverage policies have the cheapest premiums but do not include comprehensive and collision insurance and have the lowest liability protection. Insurers can offer increased liability limits, often shortened to 50/100/50 or 100/300/100. Policies with 50/100/50 limits include:

  • $50,000 in bodily injury liability insurance per person
  • $100,000 in bodily injury liability insurance per accident
  • $50,000 in property damage liability insurance per accident

You can also find many insurers offering a 300/500/300 limit. Liability insurance pays for the costs of the damage or injuries you might cause to other people. Comprehensive and collision insurance covers the damages to yourself and your vehicle.

Average Car Insurance Costs in Oklahoma by Age

Your age can have a major effect on the cost of car insurance for young and new drivers. Premiums may vary for every age group, as follows:

  • 22-29: $1,186 per year
  • 30-59: $928 per year
  • 60+: $885 per year

Auto insurance rates generally remain relatively stable between the ages of 30 and 60, with minimal changes. Drivers in their 20s typically pay higher rates due to their lack of experience on the road. New drivers who are over 30 years old may pay similar rates to younger drivers.

Age
Annual Premium
Monthly Premium

22-29

$465

$39

22-29

$1,186

$99

30-59

$928

$77

30-59

$363

$30

60 +

$885

$74

60 +

$372

$31

Average Car Insurance Costs in Oklahoma for Teens

Car insurance for teenagers is expensive. On average, a 16-year-old male pays $6,617 per year for an individual policy or $2,481 per year when added to a family policy. Annual premiums can decrease as teenagers get older, with 19-year-olds and 22-year-olds paying $2,783 and $1,891 for individual plans.

Generally, rates for teen boys are more expensive than those for girls. Female teens with their own policies pay an annual average of $6,321, which is $296 less than boys pay. Teenagers can save on their premiums by comparing rates from the cheapest car insurance companies in Oklahoma.

Age
Annual Family Premium
Monthly Family Premium
Annual Individual Premium
Monthly Individual Premium

16

$2,267

$189

$6,321

$527

16

$2,481

$207

$6,617

$551

17

$2,117

$176

$4,781

$398

17

$2,499

$208

$5,755

$480

18

$1,912

$159

$4,333

$361

18

$2,083

$174

$4,782

$399

19

$1,923

$160

$2,519

$210

19

$2,082

$173

$2,783

$232

20

$1,980

$165

$2,257

$188

20

$2,135

$178

$2,513

$209

21

$1,578

$131

$1,806

$150

21

$1,741

$145

$2,054

$171

22

$1,746

$146

$1,700

$142

22

$1,842

$154

$1,891

$158

23

$1,821

$152

$1,591

$133

23

$1,925

$160

$1,704

$142

24

$1,742

$145

$1,524

$127

24

$1,802

$150

$1,598

$133

25

$1,478

$123

$1,279

$107

25

$1,500

$125

$1,314

$109

Average Car Insurance Costs in Oklahoma for New Cars vs. Older Cars

On average, an insurance policy for a new car costs $1,177 per year, which is 42% more than insuring an older car ($827 annually). Brand-new vehicles are more expensive to insure due to their higher actual cash values (ACV), which increase the risk for insurance providers. High repair costs, expensive parts and increased theft risks also contribute to elevated insurance costs.

Because new vehicles are valued higher, it would be best to protect them with a full coverage policy, as they offer better protection against repair expenses.

Model Year
Annual Premium
Monthly Premium

2022 Vehicle

$337

$28

2012 Vehicle

$341

$28

2022 Vehicle

$348

$29

2012 Vehicle

$368

$31

2022 Vehicle

$383

$32

2012 Vehicle

$402

$34

2012 Vehicle

$814

$68

2012 Vehicle

$827

$69

2012 Vehicle

$1,018

$85

2022 Vehicle

$1,068

$89

2022 Vehicle

$1,177

$98

2022 Vehicle

$1,388

$116

Average Car Insurance Costs in Oklahoma by Driving Record

The average costs to insure your vehicle, based on your driving record, are:

  • Clean record: $928 per year
  • Speeding ticket: $1,157 per year
  • DUI: $1,362 per year
  • At-fault accident: $1,415 per year

More severe violations can lead to higher insurance rates, with at-fault accidents typically leading to more expensive premiums compared to getting a speeding ticket in Oklahoma. The rates you'll pay depend on the insurer you pick, so it's best to shop around for the cheapest car insurance in Oklahoma for drivers with poor records.

Driving Record
Annual Premium
Monthly Premium

Clean

$363

$30

Clean

$372

$31

Clean

$465

$39

Ticket

$467

$39

Ticket

$486

$40

DUI

$573

$48

Ticket

$574

$48

DUI

$585

$49

At-Fault Accident

$592

$49

At-Fault Accident

$622

$52

DUI

$693

$58

At-Fault Accident

$719

$60

Clean

$885

$74

Clean

$928

$77

Ticket

$1,124

$94

Ticket

$1,157

$96

Clean

$1,186

$99

DUI

$1,297

$108

DUI

$1,362

$114

At-Fault Accident

$1,396

$116

Ticket

$1,412

$118

At-Fault Accident

$1,415

$118

DUI

$1,637

$136

At-Fault Accident

$1,717

$143

Average Car Insurance Costs in Oklahoma by Credit Score

Credit scores can affect car insurance costs. On average, drivers with excellent credit scores pay $686 per year for car insurance, while drivers with poor credit pay $1,396 yearly. Based on their credit scores, Oklahoma drivers can expect to pay:

  • Excellent: $686 per year
  • Good: $813 per year
  • Fair: $987 per year
  • Below fair: $1,151 per year
  • Poor: $1,396 per year

Ultimately, the price you will pay for car insurance depends on your chosen insurance provider, as it determines how much your rates will be affected based on your credit score. Consider shopping around to find affordable car insurance in Oklahoma for drivers with poor credit.

Credit Score
Average Annual Premium
Average Monthly Premium

Excellent

$287

$24

Excellent

$299

$25

Excellent

$327

$27

Good

$335

$28

Good

$349

$29

Good

$384

$32

Fair

$400

$33

Fair

$414

$35

Below Fair

$457

$38

Fair

$460

$38

Below Fair

$471

$39

Below Fair

$527

$44

Poor

$529

$44

Poor

$545

$45

Poor

$611

$51

Excellent

$652

$54

Excellent

$675

$56

Excellent

$682

$57

Excellent

$686

$57

Excellent

$704

$59

Excellent

$730

$61

Good

$771

$64

Good

$800

$67

Good

$805

$67

Excellent

$806

$67

Good

$813

$68

Excellent

$825

$69

Good

$835

$70

Excellent

$859

$72

Good

$868

$72

Fair

$931

$78

Good

$958

$80

Fair

$968

$81

Fair

$970

$81

Good

$981

$82

Fair

$987

$82

Fair

$1,010

$84

Good

$1,024

$85

Fair

$1,053

$88

Below Fair

$1,082

$90

Below Fair

$1,123

$94

Below Fair

$1,125

$94

Below Fair

$1,151

$96

Fair

$1,166

$97

Below Fair

$1,173

$98

Fair

$1,191

$99

Below Fair

$1,228

$102

Fair

$1,247

$104

Poor

$1,311

$109

Poor

$1,347

$112

Below Fair

$1,365

$114

Poor

$1,367

$114

Below Fair

$1,389

$116

Poor

$1,396

$116

Poor

$1,430

$119

Below Fair

$1,458

$121

Poor

$1,475

$123

Poor

$1,656

$138

Poor

$1,691

$141

Poor

$1,749

$146

Average Car Insurance Costs in Oklahoma by City

The city you live in may significantly impact your premium costs. The cheapest cities are Norman and Broken Arrow, with average rates of $1,033 per year. The most expensive city is Tulsa, where drivers pay an average of $1,115 per year for auto insurance. Rates can vary by city due to differences in population density and variations in crime rates.

City
Full Coverage Annual Premium
Minimum Coverage Annual Premium

Broken Arrow

$1,308

$605

Broken Arrow

$1,033

$476

Broken Arrow

$986

$480

Norman

$1,305

$582

Norman

$1,033

$456

Norman

$973

$457

Oklahoma City

$1,397

$634

Oklahoma City

$1,103

$497

Oklahoma City

$1,045

$499

Tulsa

$1,409

$638

Tulsa

$1,115

$504

Tulsa

$1,063

$509

Insurance Rates

Compare Insurance Rates

Ensure you are getting the best rate for your insurance. Compare quotes from the top insurance companies.

widget-location-pin

FAQ About Car Insurance Costs in Oklahoma

MoneyGeek answered some commonly asked questions about average car insurance costs in Oklahoma. Your rates depend on your personal circumstances and some variations for each state.

About Mark Fitzpatrick


Mark Fitzpatrick headshot

Mark Fitzpatrick is a senior content director at MoneyGeek with over five years of experience analyzing the insurance market, conducting original research and creating content that can be personalized for every buyer. He has been quoted on insurance topics in several publications, including CNBC, NBC News and Mashable.

Mark earned a master’s degree in Economics and International Relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his economics and insurance knowledge to bring transparency around financial topics and help others feel confident in their money moves.