Updated: June 1, 2026
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Top renters insurer in Oklahoma: Chubb
Most affordable renters insurance in Oklahoma: Lemonade
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 $10 per month through Lemonade for $20,000 in personal property coverage. That's $9 less per month than Oklahoma's $19 average, which is $108 in annual savings.
The nine most affordable companies range from $10 to $53 per month for identical coverage. Reviewing the cheapest renters insurance options can help you find affordable coverage.
| 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 |
Oklahoma renters pay $19 per month or $227 per year for coverage, which is $3 above the national average of $16. Oklahoma sees more tornadoes and higher urban crime rates than most states, which leads to more property damage and theft claims. Rural areas also have limited fire protection, which adds to insurer costs across the state.
Broken Arrow has the most affordable renters insurance in Oklahoma at $18 per month or $213 per year. Choctaw has the highest rates at $21 per month or $252 per year. Most cities stay close to Oklahoma's $19 average, with crime rates, weather exposure and local claims history driving 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 |
State Farm offers the most affordable renters insurance at Oklahoma's highest coverage level, charging $33 per month for $250,000 in personal property coverage and $300,000 in liability protection. American National has the cheapest rates for $50,000 and $100,000 in personal property coverage, both with $100,000 liability limits.
| $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 averages $55 per month or $656 per year in Oklahoma. American National has the cheapest rate at this level at $25 per month. Most renters carry $20,000 to $50,000 in coverage, so the $100,000 tier makes the most sense if you own 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 (P&C) Insurance Producer in Connecticut, is MoneyGeek's resident insurance expert. He has spent nearly a decade analyzing the market, first at LendingTree and now at MoneyGeek, where he has produced original research on hundreds of carriers and millions of rates across auto, home, renters, health and life insurance.
He covers economics and insurance at MoneyGeek, and his work has been featured in The Washington Post, The New York Times and NPR, among other outlets.
Like all MoneyGeek analysts, he draws on independent cost and consumer experience data. No insurance company partnership influences his recommendations.
Fitzpatrick earned his degrees from Johns Hopkins University (M.A. Economics and International Relations) and Boston College (B.A.). He began his career in financial risk management at State Street. He's also a five-time “Jeopardy!” champion.
