In Oklahoma, you can find affordable home insurance providers that meet your needs. Oklahoma Farm Bureau is the most cost-effective choice overall, with policies even if you have poor credit. Allstate offers the best rates for high-value homes. Shelter is good for new home insurance.
Cheapest Homeowners Insurance in Oklahoma (2025 Rates)
Updated: November 10, 2025
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Key Takeaways
Oklahoma’s three cheapest home insurance providers are Oklahoma Farm Bureau, Shelter, and Chubb.
Shelter is the most affordable insurance for new builds in Oklahoma at $1,049, with Oklahoma Farm Bureau and State Farm as other options.
For homeowners in Oklahoma, the cheapest insurance bundle is provided by State Farm at $4,126 annually.
Why Trust MoneyGeek? MoneyGeek used information from the Oklahoma Insurance Department and Quadrant Information Services to obtain data on insurance rates, discounts and other relevant information.
These rates represent the most affordable home insurance quotes available in Oklahoma in 2024.
Overall Cheapest Homeowners Insurance in Oklahoma
Oklahoma Farm Bureau is the most affordable provider in Oklahoma. For $100K in dwelling coverage, the company charges an average of $1,533 annually.
- Cheapest for $100,000: Oklahoma Farm Bureau at $1,533 per year
- Most affordable for $250,000: Oklahoma Farm Bureau at $3,218 per year
- Cheapest for $500,000: Oklahoma Farm Bureau at $6,284 per year
Data filtered by:
$100K Dwelling / $50K Personal Property / $100K Liability
2000
| Oklahoma Farm Bureau | $1,533 |
| Shelter | $1,672 |
| Chubb | $2,376 |
| Allstate | $2,675 |
| State Farm | $2,714 |
| Farmers | $4,629 |
| The Hanover | $4,739 |
Compare Oklahoma Home Insurance Quotes Online
Finding low-cost home insurance in Oklahoma involves checking rates from multiple insurance companies. MoneyGeek's home insurance calculator provides quotes in Oklahoma easily, without requiring personal information upfront.
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$220
High
$144
Average
$104
Low
Rates updated:
Dec 20, 2025
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Cheapest Home Insurance in Oklahoma for High-Value Homes
Allstate is the most affordable choice for high-value homes. It offers $750K in dwelling coverage for $9,057 annually.
- Cheapest for $750,000: Allstate at $9,057 per year
- Cheapest for $1,000,000: Allstate at $11,889 per year
Homeowners should purchase coverage equivalent to their home's replacement expense.
Data filtered by:
$750K Dwelling / $375K Personal Property / $500K Liability
2000
| Allstate | $9,057 |
| Oklahoma Farm Bureau | $9,183 |
| State Farm | $11,195 |
| Shelter | $12,754 |
| Farmers | $16,014 |
| Chubb | $17,036 |
| The Hanover | $32,454 |
Cheapest Home Insurance in Oklahoma for New Homes
The most affordable home insurance policy in Oklahoma for new homes with $100,000 in dwelling coverage is from Shelter, costing $1,049 annually. In Oklahoma, insuring newer homes costs less because they're less likely to have maintenance or structural problems that can lead to claims. To further break it down:
- Cheapest for $100,000: Shelter at $1,049 per year
- Cheapest for $250,000: Allstate at $2,527 per year
- Cheapest for $500,000: Allstate at $3,701 per year
Refer to MoneyGeek's table to see how rates for newly constructed homes vary depending on the dwelling coverage value.
Data filtered by:
$100K Dwelling / $50K Personal Property / $100K Liability
| Shelter | $1,049 |
| Oklahoma Farm Bureau | $1,533 |
| State Farm | $1,628 |
| Chubb | $1,706 |
| Allstate | $1,707 |
| The Hanover | $3,108 |
| Farmers | $3,408 |
Cheapest Home Insurance in Oklahoma for Low Credit Scores
Oklahoma Farm Bureau offers the most affordable home insurance for those with poor credit for $100,000 in dwelling coverage, charging $2,181 annually.
- Cheapest for $100,000: Oklahoma Farm Bureau at $2,181 per year
- Most affordable for $250,000: Oklahoma Farm Bureau at $4,580 per year
- Cheapest choice for $500,000: Oklahoma Farm Bureau at $8,945 per year
A poor credit score impacts the cost, as the average home insurance fee for $100,000 in dwelling coverage is $9,448 annually for those with poor credit, compared to $2,905 for good credit holders.
Data filtered by:
Poor
$100K Dwelling / $50K Personal Property / $100K Liability
2000
| Oklahoma Farm Bureau | $2,181 |
| Shelter | $3,260 |
| Chubb | $4,564 |
| State Farm | $6,107 |
| Allstate | $6,268 |
| The Hanover | $20,740 |
| Farmers | $23,015 |
Cheapest Home Insurance in Oklahoma With a Claims History
Shelter is the cheapest home insurance company in Oklahoma for those with a claim in the past five years, offering $100,000 in dwelling coverage for $1,911 annually.
- Cheapest for $100,000: Shelter at $1,911 per year
- Most affordable option for $250,000: Oklahoma Farm Bureau at $4,224 per year
- Low-cost option for $500,000: Allstate at $8,010 per year
Homeowners who've had two claims in the past five years see their premiums grow by an average of $889 annually compared to claim-free homeowners.
Data filtered by:
1 claim in past 5 years
2000
$100K Dwelling / $50K Personal Property / $100K Liability
| Shelter | $1,911 |
| Oklahoma Farm Bureau | $2,012 |
| Chubb | $2,376 |
| State Farm | $3,096 |
| Allstate | $3,397 |
| Farmers | $4,738 |
| The Hanover | $4,826 |
Cheapest Home Insurance in Oklahoma by Home and Roof Materials
The type of home construction and roofing materials influence the cost of home insurance. For example, in Oklahoma, the most affordable premium for a home with frame construction and a shake-treated roof is offered by Shelter, with an annual premium of $1,672.
- Most affordable choice for $100,000: Shelter at $1,672 per year
- Cheapest for $250,000: Allstate at $3,871 per year
- Cheapest choice for $500,000: Allstate at $6,274 per year
A comparison of average annual premiums shows a difference of $677, with superior home construction and a tile roof leading to reduced premiums.
Data filtered by:
Frame
Shake-Treated
$100K Dwelling / $50K Personal Property / $100K Liability
| Shelter | $1,672 |
| Oklahoma Farm Bureau | $1,907 |
| Chubb | $2,376 |
| Allstate | $2,661 |
| State Farm | $2,930 |
| Farmers | $4,997 |
| The Hanover | $5,303 |
Cheapest Home Insurance in Oklahoma by Deductible
Switching up your deductible can save you hundreds each year. For example, in Oklahoma, the cheapest home insurance for a $2,000 deductible is from Oklahoma Farm Bureau, with an annual premium of $1,348. This is lower than the cheapest for a $500 deductible, also from Oklahoma Farm Bureau, which costs $1,533 per year.
For $100K in dwelling coverage, here are the cheapest companies in Oklahoma by deductible:
- $2,000 deductible: Oklahoma Farm Bureau at $1,348 per year
- $1,500 deductible: Oklahoma Farm Bureau at $1,348 per year
- $1,000 deductible: Oklahoma Farm Bureau at $1,533 per year
- $500 deductible: Oklahoma Farm Bureau at $1,533 per year
In home insurance, the deductible is what you pay before insurance covers the rest. On average, a $500 deductible costs $3,218, while a $2,000 deductible costs $2,628 — a difference of $595.
Data filtered by:
2000
$100K Dwelling / $50K Personal Property / $100K Liability
2000
| Oklahoma Farm Bureau | $1,348 |
| Shelter | $1,362 |
| Chubb | $2,136 |
| Allstate | $2,317 |
| State Farm | $2,501 |
| The Hanover | $4,177 |
| Farmers | $4,558 |
Cheapest Home and Auto Insurance Bundle in Oklahoma
State Farm offers an annual premium of $4,126. You can get big discounts by bundling home and auto insurance:
- State Farm at $4,126 per year
- Allstate at $4,751 per year
Beyond just savings, bundling provides the convenience of managing both policies with the same insurer. This streamlines the insurance handling process, allowing for effective policy management.
| State Farm | $4,126 |
| Allstate | $4,751 |
| Farmers | $6,714 |
Cheapest Home Insurance in Oklahoma by City
Oklahoma Farm Bureau provides the most affordable home insurance in many Oklahoma cities, with rates ranging from $1,469 to $1,622. Costs differ between cities due to variations in local building codes, crime rates and weather-related risks.
- In Broken Arrow, the annual premium with Oklahoma Farm Bureau is cheapest at $1,469.
- In Oklahoma City, rates are most expensive at $1,622 annually, even for its cheapest provider, Oklahoma Farm Bureau.
Shop around as insurers use unique calculations for rates in different geographic areas, which could lead to significant savings.
| Broken Arrow | Oklahoma Farm Bureau | $1,469 |
| Norman | Oklahoma Farm Bureau | $1,573 |
| Oklahoma City | Oklahoma Farm Bureau | $1,622 |
| Tulsa | Oklahoma Farm Bureau | $1,475 |
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.