Cheapest and Best Car Insurance Companies in Norman, OK

Your background and needs will significantly affect which company will be your cheapest option. State Farm is the best and most affordable option for a full and minimum coverage policy. It’s also the most suitable insurer after various driving offenses. Allstate offers the cheapest policies for teenagers. With a military background, USAA will be the most affordable choice. Consider Shelter if you’re looking for the best customer service.

The following companies offer the most affordable minimum coverage policies in Norman:

• State Farm: $281 per year
• Progressive: $290 per year

Shelter's policies are the most expensive, costing an average of $639 annually.

On a statewide basis, State Farm is Oklahoma's cheapest minimum coverage insurance provider, with an average rate of $233 per year as of October 2022. The company's rates are considerably lower across the state than in Norman.

A minimum coverage policy in Oklahoma only includes coverage for bodily injury and property damage liability, with these limits:

• $25,000 bodily injury liability per person
• $50,000 bodily injury liability per accident
• $25,000 property damage liability per accident

These bodily injury coverage limits mean that in case of an accident, the insurance provider will only cover each person's medical bills for a maximum of $25,000, up to $50,000 per accident.

MoneyGeek analyzed that the following companies offer the cheapest full coverage car insurance in Norman:

• State Farm: $695 per year
• Mercury: $783 per year

Home State Insurance Group is Norman’s most expensive insurance company for full coverage, with an average annual cost of $1,415.

Zooming out for a statewide look, State Farm is also Oklahoma’s cheapest full coverage insurance provider at an average of $718 per year as of October 2022, which shows that your location within the state can affect your policy rates.

A full coverage policy includes collision and comprehensive insurance.

• Collision Insurance: This coverage protects against the repair or replacement cost of a vehicle damaged in an at-fault collision with a car or other object.
• Comprehensive Insurance: If your vehicle is damaged in a non-accident incident like theft or vandalism, this coverage will cover its replacement or repair cost.

It might not be best to purchase full coverage for an older vehicle, as the policy cost may be too high to justify if your car has a low value.

Drivers with various violations on their record will find the most affordable rates with the following companies in Norman:

• Speeding ticket: State Farm ($772 per year)
• At-fault accident: State Farm ($833 per year)
• DUI: State Farm ($772 per year)

Shelter charges the highest rates for drivers with an at-fault accident ($2,403 per year), DUI ($2,208 per year) and speeding ticket ($1,860 per year)

Your rates will be higher if you have an unfavorable driving record, which means the most affordable insurer for you will still be much more expensive than the cheapest insurer for safe drivers.

Not all violations are created equal — your car insurance rates will probably increase based on the severity of your offense. Based on our analysis, the cheapest insurance with an at-fault accident in Norman costs around $61 more than the most affordable policy for drivers with a speeding ticket.

Many insurers offer cheap car insurance for drivers with bad driving records, but you must shop around.

The following insurance companies offer the cheapest rates for teens on a family policy in Norman:

• Allstate: $1,991 per year for teen girls and $2,113 per year for teen boys
• State Farm: $2,037 per year for teen girls
• Progressive: $2,524 per year for teen boys

Farmers charges the highest rates for insuring teen girls and boys in Norman, Oklahoma, charging an average of $2,788 and $2,953 per year, respectively.

Allstate charges $122 more to insure teen boys because they are generally riskier drivers than teen girls. However, this cost difference drops off in early adulthood.

You will pay much higher rates if you buy your own policy as a teen driver instead of joining a family policy. For instance, the average premium in Norman for a 16-year-old male driver on a family policy is $2,391 per year, but it increases to an average of $6,344 per year if they buy an individual policy. That’s a difference of $3,953 per year!

To find the cheapest car insurance for teens, you should shop around and compare rates.

The following car insurance companies are the most affordable for military-affiliated drivers looking for full coverage:

• USAA: $583 per year
• State Farm: $695 per year

If you want a minimum coverage policy, you will also find that USAA and State Farm offer the cheapest military car insurance, with average annual prices of $208 and $281, respectively.

Getting an online quote from each car insurance company in Norman might take 15 or more minutes and will involve entering a lot of personal information. To avoid this hassle, you can use MoneyGeek’s car insurance calculator. It provides a rough estimate of your car insurance expenses based on age, coverage level and driving history.

How much you value cost, service coverage and other factors will make a significant difference when finding the best car insurance company.

The following companies offer the best car insurance policies in Norman:

• Best overall: State Farm (MoneyGeek score of 76 out of 100)
• Best for service: Shelter (MoneyGeek score of 68 out of 100)
• Best cheap: State Farm (MoneyGeek score of 78 out of 100)

A company’s overall MoneyGeek score may change depending on how factors are weighted differently in each category.

State Farm is the best overall choice for car insurance in Oklahoma. With a military background, you should opt for USAA car insurance. It got a MoneyGeek score of 85 out of 100.

MoneyGeek analyzed that the following companies offer the best car insurance in Norman:

• State Farm: MoneyGeek score of 76 out of 100 ($695 per year)
• Mercury: MoneyGeek score of 68 out of 100 ($783 per year)

State Farm ranked the highest for affordability and second for customer satisfaction.

USAA car insurance is the most suitable option for drivers with a military background, as it received a MoneyGeek score of 85 out of 100.

After excluding cost from our scoring system, MoneyGeek found that the following companies offer the best customer service in Norman:

• Shelter: MoneyGeek score of 68 out of 100 ($1,356 per year)
• State Farm: MoneyGeek score of 58 out of 100 ($695 per year)

Shelter scored the highest for claims management and customer satisfaction among other insurance providers.

That said, the insurer scores poorly for affordability and charges one of the highest rates for a policy in Norman, which means you will pay expensive rates for the best service quality.

MoneyGeek analyzed the affordability and service quality of various insurers offering minimum coverage policies in Norman, Oklahoma, and found that the following companies are the best options:

• State Farm: MoneyGeek score of 78 out of 100 ($281 per year)
• Progressive: MoneyGeek score of 77 out of 100 ($290 per year)

Purchasing minimum coverage will generally cost the least, but such a policy may not offer sufficient liability protection in an accident, and it will not protect you against damage to your vehicle.

The average cost of full coverage car insurance in Norman is $1,033 per year, which is $7 less than Oklahoma’s average car insurance cost of $1,040 and $232 less than the national average as of October 2022. Besides many other factors, your location significantly affects your car insurance rates.

These prices are for a full coverage policy with $100,000 in bodily injury liability per person, $300,000 in bodily injury liability per accident and $100,000 in property damage liability per accident.