Compare the Cheapest Car Insurance Quotes in Oklahoma City, OK

Car insurance in Oklahoma City costs $1,285 on average, cheaper than the annual average premium in the state. The most affordable option is GEICO, which charges an average rate of $773 per year. MoneyGeek analyzed the cheapest by coverage amount and driving history. MoneyGeek also recommended the best carriers for drivers focused on both quality and cost.

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Last Updated: 5/16/2022
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GEICO is Oklahoma City’s cheapest car insurance provider for full coverage and state minimum policies, as well as drivers with a speeding ticket. However, your premiums can change quite a bit depending on your coverage preferences, personal profile and driving history. For military members and their families, USAA offers affordable options.

MoneyGeek’s best-rated auto insurance provider in Oklahoma City is GEICO, as the insurer balances low cost with good quality customer service.

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The Cheapest and Best Car Insurance in Oklahoma City

The Cheapest Car Insurance Companies in Oklahoma City

A full coverage auto insurance policy is one that includes liability, comprehensive and collision coverages. Due to its broad coverage, it financially protects drivers from most circumstances in case of an accident.

These companies offer the cheapest full coverage policies for an average driver in Oklahoma City:

  • GEICO: $773 per year
  • Farmers: $990 per year

At $826 annually, USAA is an affordable option for both veterans and current military personnel and their families.

MoneyGeek’s analysis reveals that GEICO, Oklahoma City’s cheapest provider, is approximately 181.6% less expensive than Metlife, the city’s most expensive provider.

Cheapest Car Insurance in Oklahoma City
Full Coverage 100/300/100
  • Company
    100/300/100per year
  • 1.
    GEICO
    $773
  • 2.
    USAA
    $826
  • 3.
    Farmers
    $990
  • 4.
    State Farm
    $1,045
  • 5.
    Allstate
    $1,206
  • 6.
    Progressive
    $1,240
  • 7.
    Mercury
    $1,319
  • 8.
    Oklahoma Farm Bureau
    $1,529
  • 9.
    MetLife
    $2,177

Based on MoneyGeek’s methodology, the auto insurance rates in this guide are for a 40-year-old male driver in Oklahoma City with a full coverage policy.

A full coverage car insurance policy includes comprehensive and collision coverages, along with the state’s required coverages. It offers extensive financial protection in case of an accident, but it is more expensive than a minimum coverage policy.

  • Comprehensive Coverage: Pays for repairs not caused by a collision. The damage may be due to weather events and falling objects or can be loss due to theft.
  • Collision Coverage: Covers vehicle repair expenses if you’re in an accident.

If you have an older car, remember that the premiums for a full coverage insurance policy can be more expensive than your car’s actual worth. In that case, choosing liability-only or state minimum insurance will get you the most affordable rates possible.

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Cheapest Car Insurance in Oklahoma City for Minimum Coverage

If you’re looking for the cheapest car insurance offers in Oklahoma City, a state minimum policy is your best option. While these policies don’t have comprehensive and collision coverages, they are significantly more affordable than full coverage policies. However, the limited coverage offered by a state minimum policy exposes you to financial risks in case of an accident.

These companies offer Oklahoma City’s cheapest state minimum policies:

  • GEICO: $401 per year
  • State Farm: $483 per year

USAA also provides an affordable state minimum policy in Oklahoma City for eligible military personnel at an average of $370 annually.

MoneyGeek’s research found that Oklahoma City’s cheapest state minimum provider, USAA, is $463 cheaper than the city’s most expensive state minimum provider, Metlife.

Cheapest Minimum Liability Car Insurance in Oklahoma City
State Minimum

Drivers in Oklahoma are required to have a minimum coverage policy that includes coverages for bodily injury liability, property damage liability, uninsured motorist bodily injury and uninsured motorist property damage.

A minimum coverage policy is the cheapest available car insurance in Oklahoma City — choosing minimum coverage will certainly save you money on your monthly premiums. However, in case of an accident, you can easily wind up paying more than you saved.

That’s because, in Oklahoma, liability insurance only covers $25,000 for bodily injuries per person. If you’re in an accident and the other party’s medical expenses reach $30,000, you may be responsible for the $5,000 balance yourself.

Oklahoma Minimum Liability Requirements

  • Item
    Description
  • Bodily Injury and Property Damage
    $25,000 per person, $50,000 per accident and $25,000 for property damage. A more protective level is 100/300/100.

Cheapest Car Insurance in Oklahoma City if You Have Driving Violations

Your car insurance rates can go up in the event you get a speeding ticket or are charged with a DUI, an at-fault accident or other driving violations. Over time, you can improve your driving history and may help lower your premiums.

In the meantime, shopping around and comparing car insurance quotes is your best option to find optimal deals. MoneyGeek ranked Oklahoma City’s most affordable car insurance companies for drivers with bad records:

  • Cheapest after a ticket: GEICO, $969 per year
  • Cheapest after an at-fault accident: State Farm, $1,118 per year
  • Cheapest after a DUI: State Farm, $1,118 per year
Cheapest Car Insurance in Oklahoma City With a Violation
Speeding Ticket

Average Cost of Car Insurance in Oklahoma City

Oklahoma City$1,285
Oklahoma$1,299
U.S.$1,424

Car insurance in Oklahoma City (averages around $1,285) is slightly more affordable than the statewide ($1,299 on average) and national ($1,424 on average) annual premiums. There’s not much difference between the city and state average car insurance rate, with just a 1.1% price variation between them. However, the gap is larger when compared to the national average annual premium, with the national rate being approximately 9.8% higher than Oklahoma City’s prices.

Personalized Quotes to Get You the Cheapest Car Insurance in Oklahoma City

There are several key factors that can affect car insurance quotes in Oklahoma City, which means that even if two drivers live in the same neighborhood, they may not receive the same rates. Your age, driving history, credit score, gender and ZIP code (among other factors) also influence the final rate you receive.

Therefore, it is important that you always get a personalized quote from insurance providers to see what the best offer is for you. You should also check to see if they have discounts, rebates or promos so you can get a better rate for your Oklahoma City car insurance package.

Compare Car Insurance Rates in Oklahoma City

Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.

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The Best Car Insurance Companies in Oklahoma City

To help you find a provider that offers affordability and high-quality customer service, MoneyGeek ranked the best car insurance companies in Oklahoma City.

Overall, the best car insurance companies in the city are:

  • GEICO: MoneyGeek score of 98 out of 100
  • Allstate: MoneyGeek score of 85 out of 100

USAA earned the highest score in Oklahoma City per MoneyGeek’s rating system. However, because it’s only available to active military members, veterans and their families, we did not list it as best overall.

MoneyGeek used various factors to determine scores out of 100, including J.D. Power ratings for user satisfaction, affordability and financial stability of the insurance company.


1
USAA
Score:100

5/5

Affordability

5/5

Claims Ratings

5/5

User Satisfaction

A++

Financial Stability

2
GEICO
Score:92.5

5/5

Affordability

3/5

Claims Ratings

4/5

User Satisfaction

A++

Financial Stability

3
Allstate
Score:85

3/5

Affordability

3/5

Claims Ratings

4/5

User Satisfaction

A+

Financial Stability

4
Travelers
Score:85

3/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A++

Financial Stability

5
Progressive
Score:85

4/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A+

Financial Stability

6
Auto Club of Southern California Insurance Group
Score:82.5

4/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

7
State Farm
Score:80

3/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

8
Safeco
Score:77.5

2/5

Affordability

4/5

Claims Ratings

2/5

User Satisfaction

A

Financial Stability

9
Liberty Mutual
Score:77.5

2/5

Affordability

4/5

Claims Ratings

2/5

User Satisfaction

A

Financial Stability

10
Farm Bureau Ins of MI
Score:75

2/5

Affordability

2/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

11
Farmers
Score:75

2/5

Affordability

3/5

Claims Ratings

2/5

User Satisfaction

A

Financial Stability

12
Nationwide
Score:75

2/5

Affordability

2/5

Claims Ratings

2/5

User Satisfaction

A+

Financial Stability

Average Cost of Car Insurance by Postal Code

ZIP code is another factor that influences your insurance rates. There are risk factors like car theft incidents, accidents, uninsured motorists and other location-specific qualifiers that insurers will take into consideration when generating a quote.

In Oklahoma City, the ZIP code 73160 has the cheapest annual premium at $1,264, which is $45 less expensive than people who live in ZIP code 73110. Although the difference isn’t much, it is still important that you understand how costs are calculated in order to have a good estimate of the best package for you.

  • Zip Code
    State Minimumper year
  • 73160
    $1,264
  • 73170
    $1,281
  • 73120
    $1,285
  • 73110
    $1,309

Factors That Impact Insurance Costs in Oklahoma City

In addition to individual driver needs and history, location-specific factors like the percentage of uninsured motorists and the rate of fatal accidents also contribute to car insurance rates in Oklahoma City. How Oklahoma City ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.

accident2 icon
Most Accidents With Fatalities60th/300
handcuffs2 icon
Most Car Thefts202nd/300
uninsured icon
Most Uninsured Motorists by State31st/50
insurance2 icon
Personal Injury Protection RequiredNo
rain icon
Most Annual Rainfall137th/300
umbrella icon
Most Rainy Days187th/300

Methodology and Assumptions

MoneyGeek’s average premium rates for Oklahoma City are based on 100/300/100 comprehensive collision coverage with a $1,000 deductible for a 40-year-old male driver. The average driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their record. Additional premiums are added based on coverage type, location and driving record. Learn more about MoneyGeek’s data and methodology here.

About the Author


expert-profile

Mark Fitzpatrick is a senior content manager with MoneyGeek specializing in insurance. Mark has years of experience analyzing the insurance market and creating original research and content. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a Master of Arts.