Updated: March 11, 2026
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Top renters insurer in Oklahoma: Chubb
Most affordable renters insurance in Oklahoma: Lemonade
Typical renters insurance rate in Oklahoma: $227 per year
Oklahoma's best renters insurance provider is Chubb, which earns a MoneyGeek score of 4.8 out of 5. At $17 monthly, it scores well for customer experience and coverage.
These five companies earned the top MoneyGeek scores for renters insurance in Oklahoma:
| Chubb | 4.78 | $17 | $203 |
| State Farm | 4.72 | $12 | $139 |
| Lemonade | 4.57 | $10 | $116 |
| Farm Bureau | 4.48 | $15 | $183 |
| American National | 4.33 | $13 | $150 |
*Rates for renters aged 26 to 64 with good credit and no claims history. Policy includes $20,000 in personal property coverage, $100,000 in liability coverage and a $500 deductible.
Best for Oklahoma Renters
J.D. Power Renters Insurance Customer Satisfaction Score
Average Annual Premium
Average Monthly Premium
J.D. Power Renters Insurance Customer Satisfaction Score
Average Annual Premium
Average Monthly Premium
J.D. Power Renters Insurance Customer Satisfaction Score
Average Annual Premium
Average Monthly Premium
J.D. Power Renters Insurance Customer Satisfaction Score
Average Annual Premium
Average Monthly Premium
J.D. Power Renters Insurance Customer Satisfaction Score
Average Annual Premium
Average Monthly Premium
Oklahoma renters can pay as little as $10 per month through Lemonade for $20,000 in personal property coverage. That's $9 less per month than Oklahoma's $19 average, or $108 in annual savings.
The nine most affordable companies range from $10 to $53 per month for identical coverage, and seven of nine charge less than the state average. Reviewing cheapest renters insurance options can help you get affordable protection without sacrificing coverage quality.
| Lemonade | $10 | $-9 |
| State Farm | $12 | $-7 |
| American National | $13 | $-6 |
| USAA | $14 | $-5 |
| Farm Bureau | $15 | $-4 |
| Chubb | $17 | $-2 |
| Shelter Insurance | $18 | $-1 |
| Farmers | $19 | $0 |
| The Hanover | $53 | $34 |
At $227 annually, Oklahoma renters pay $19 per month for coverage, which is $3 above the national average of $16. The state's higher incidence of tornadoes and increased urban crime rates create more property damage and theft claims. Limited fire protection services in rural areas further compound the risk, driving up insurers' costs across Oklahoma.
Broken Arrow offers the most affordable renters insurance in Oklahoma at $18 monthly ($213 annually), while Choctaw has the highest rates at $21 per month ($252 annually). Most cities stay close to Oklahoma's $19 average, with crime rates, weather exposure and local claims history accounting for the differences.
| Broken Arrow | $18 | $213 |
| Choctaw | $21 | $252 |
| Newalla | $20 | $240 |
| Noble | $21 | $248 |
| Oklahoma City | $19 | $228 |
| Ratliff City | $19 | $222 |
| Stillwater | $18 | $216 |
| Tulsa | $18 | $216 |
| Turpin | $21 | $247 |
At Oklahoma's highest coverage level, State Farm offers the most affordable renters insurance at $33 monthly for $250,000 in personal property coverage and $300,000 in liability protection. American National provides the cheapest rates for $50,000 and $100,000 in personal property coverage, both carrying $100,000 liability limits. These two providers give renters clear affordable options across different coverage tiers.
| $20K Personal Property / $100K Liability | Lemonade | $10 |
| $50K Personal Property / $100K Liability | American National | $15 |
| $100K Personal Property / $100K Liability | American National | $25 |
| $250K Personal Property / $300K Liability | State Farm | $33 |
Getting the right coverage starts with knowing your coverage options, estimating your property value and shopping around for competitive rates.
Comparing quotes saves money on renters insurance. Lemonade charges $10 per month while The Hanover charges $53 for identical $20,000 coverage, a $43 monthly difference. Get at least three quotes to find the lowest rate, and use online comparison tools to speed up the process.
Pairing your renters and auto policies with one insurer cuts 10% to 25% off both premiums. State Farm and Auto-Owners provide bundling discounts that reduce your total insurance costs while simplifying your monthly bills into one payment.
Choosing a higher deductible reduces your monthly premium but increases what you'll pay when filing claims. Before making this change, verify your emergency fund can cover the larger out-of-pocket expense if you need to file a claim.
Many insurers won't automatically apply all discounts you qualify for. Oklahoma insurers offer savings for security systems, smoke detectors, claims-free history and automatic payments. State Farm provides good student discounts for renters under 25 maintaining a B average or higher.
Most Oklahoma landlords require at least $100,000 in liability coverage, even though there's no state law mandating renters insurance. Factors like pet ownership, credit score and rental history affect your coverage requirements. Your property value, local weather risks and crime rates should inform your coverage limits.
Use our calculator below to find out how much renters insurance you need.
When figuring out how much renters insurance you need, experts recommend the standard $100,000 in liability insurance and enough personal property protection to cover your possessions. Use MoneyGeek's calculator to estimate the value of your possessions so you know how much personal property coverage to buy.
Clothes, shoes, bags, belts, hats, gloves, etc.
Review our experts' answers to frequently asked questions below:
Chubb earns the top spot for Oklahoma's best renters insurance with a MoneyGeek score of 4.8 out of 5. At $17 monthly, the company offers high customer satisfaction at affordable rates.
Oklahoma renters insurance costs $19 per month or $227 annually for $20,000 in personal property coverage. The state's rates run $3 above the national average of $16 monthly because of severe weather risks like tornadoes and higher property crime rates in metro areas.
Renters insurance with $100,000 in personal property coverage costs $55 per month or $656 annually in Oklahoma on average. You'll find the cheapest option through American National at $25 monthly for this coverage level. Since most renters choose $20,000 to $50,000 in coverage, the $100,000 tier works best for those with expensive belongings or collectibles.
Oklahoma doesn't require renters insurance by law, but most landlords require at least $100,000 in liability coverage as a lease condition. Your landlord sets specific requirements, which may vary based on rental history, credit score and whether you own pets. Check your lease for exact coverage requirements.
We analyzed Oklahoma renters insurance companies to find insurers with affordable rates and excellent service.
We gathered quotes for renters with this profile:
Affordability accounted for 50% of each company's score, customer satisfaction from industry research made up 40% and add-on coverage options contributed 10%. Companies with the highest combined scores earned spots on our list of Oklahoma's best renters insurance providers.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research for insurance shoppers. His insights have been featured in 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.
