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Best Cheap Car Insurance in Oklahoma City for 2021

July 12, 2021
Auto Insurance, Insurance
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When you look at car insurance rates in Oklahoma City, “cheap” may not be the first word that comes to mind.

 

On average, Oklahoma City auto insurance costs $1,880 a year, NerdWallet’s 2021 rates analysis found. That’s $133 above the Oklahoma average and $285 more than the average cost of car insurance nationwide.

Those average rates are based on a 40-year-old with a clean driving record, buying full coverage car insurance. Depending on your car, driving history and insurance company, you might be paying well over the average.

If you’d rather keep some of those dollars in your pocket, make sure to compare car insurance rates before you buy. We analyzed rates in the Oklahoma City metro area from 14 insurers in Oklahoma for several types of drivers, looking for Oklahoma City auto insurance rates that were cheaper than the Oklahoma average.

Shopping around is essential, because every driver is different, and your actual rate will vary from the prices shown here. Here are the five cheapest options we found for drivers in the Oklahoma City metropolitan area.

Cheapest car insurance in Oklahoma City for 20-year-old drivers

Drivers in their 20s may have to get a lot of quotes to find cheap car insurance. Prices can be sky-high for younger 20-somethings, but tend to come down as drivers get more experience on the road. Still, some companies routinely have better insurance rates for young drivers, so it's best to shop around to find them.

Cheapest full coverage car insurance in Oklahoma City for 20-year-olds

Drivers in Oklahoma City with clean driving records may want to consider the following companies, which had the lowest average rates:

  1. Geico: $1,661 per year.
  2. American Farmers & Ranchers: $2,229 per year.
  3. State Farm: $3,229 per year.
  4. Farmers: $3,442 per year.
  5. Oklahoma Farm Bureau: $3,564 per year.

Cheapest minimum coverage car insurance in Oklahoma City for 20-year-olds

Drivers in Oklahoma City who want just the state minimum coverage may want to check with these companies, which had the lowest average rates:

  1. Geico: $568 per year.
  2. American Farmers & Ranchers: $595 per year.
  3. Allstate: $882 per year.
  4. State Farm: $1,005 per year.
  5. Progressive: $1,104 per year.

Cheapest auto insurance in Oklahoma City for 20-year-olds with poor credit

Drivers with poor credit in Oklahoma City should look at the following insurers with the lowest average rates for minimum coverage:

  1. Geico: $815 per year.
  2. American Farmers & Ranchers: $924 per year.
  3. Allstate: $1,102 per year.
  4. Equity: $1,322 per year.
  5. Oklahoma Farm Bureau: $1,322 per year.

Cheapest auto insurance in Oklahoma City for 20-year-old drivers with one at-fault crash

For drivers with a recent accident in Oklahoma City, here are the companies with the lowest average rates for minimum coverage:

  1. Geico: $937 per year.
  2. American Farmers & Ranchers: $1,074 per year.
  3. Allstate: $1,183 per year.
  4. State Farm: $1,336 per year.
  5. Equity: $1,475 per year.

Cheapest auto insurance in Oklahoma City for 20-year-old drivers after a DUI

The cheapest auto insurance we found after a DUI is shown here, alongside the insurers’ average rates for minimum coverage.

  1. Geico: $1,078 per year.
  2. Allstate: $1,167 per year.
  3. Progressive: $1,248 per year.
  4. American Farmers & Ranchers: $1,303 per year.
  5. Mercury: $1,382 per year.

Cheapest car insurance in Oklahoma City for 30-year-old drivers

By the time they reach their 30s, most drivers will enjoy cheaper car insurance rates than in their teens and 20s. Still, factors like a person’s driving record and car make and model can increase prices. Drivers in their 30s can get lower rates by shopping around and taking advantage of any car insurance discounts.

Cheapest full coverage car insurance in Oklahoma City for 30-year-olds

Drivers in Oklahoma City with clean driving records may get the lowest rates from these companies:

  1. Geico: $1,028 per year.
  2. American Farmers & Ranchers: $1,615 per year.
  3. Farmers: $1,631 per year.
  4. Progressive: $1,762 per year.
  5. Oklahoma Farm Bureau: $1,781 per year.

Cheapest minimum coverage car insurance in Oklahoma City for 30-year-olds

Drivers in Oklahoma City who want their state’s minimum coverage can check with the following companies, which had the lowest average rates:

  1. Geico: $322 per year.
  2. American Farmers & Ranchers: $361 per year.
  3. State Farm: $441 per year.
  4. Farmers: $487 per year.
  5. Mercury: $507 per year.

Cheapest auto insurance in Oklahoma City for 30-year-olds with poor credit

Drivers with poor credit in Oklahoma City should consider the following companies with the lowest average rates for full coverage:

  1. Geico: $1,523 per year.
  2. Oklahoma Farm Bureau: $1,981 per year.
  3. American Farmers & Ranchers: $2,518 per year.
  4. Farmers: $2,573 per year.
  5. Mercury: $2,898 per year.

Cheapest auto insurance in Oklahoma City for 30-year-old drivers with one at-fault crash

For drivers in Oklahoma City with a recent accident, here are the lowest average rate options for full coverage:

  1. Geico: $1,846 per year.
  2. Oklahoma Farm Bureau: $1,938 per year.
  3. State Farm: $2,257 per year.
  4. Farmers: $2,272 per year.
  5. American Farmers & Ranchers: $2,781 per year.

Cheapest auto insurance in Oklahoma City for 30-year-old drivers after a DUI

For the cheapest auto insurance after a DUI, we found the following options for full coverage.

  1. Geico: $1,937 per year.
  2. Farmers: $2,155 per year.
  3. Progressive: $2,176 per year.
  4. State Farm: $2,553 per year.
  5. Mercury: $2,592 per year.

Cheapest car insurance in Oklahoma City for 40-year-old drivers

Drivers in their 40s tend to have better insurance rates than their younger counterparts on average, but still pay more than older age groups. Shopping around for cheap car insurance quotes with multiple insurers is the best way to find lower rates. Good drivers who don’t get behind the wheel often might want to consider pay-per-mile insurance, which charges drivers by how many miles they drive.

Cheapest full coverage car insurance in Oklahoma City for 40-year-olds

Drivers in Oklahoma City with clean driving records may want to think about the following companies, which had the lowest average rates:

  1. Geico: $1,016 per year.
  2. American Farmers & Ranchers: $1,615 per year.
  3. Farmers: $1,642 per year.
  4. Progressive: $1,710 per year.
  5. State Farm: $1,773 per year.

Cheapest minimum coverage car insurance in Oklahoma City for 40-year-olds

Drivers in Oklahoma City who want just the minimum coverage may want to check prices from these companies, which had the lowest average rates:

  1. Geico: $320 per year.
  2. American Farmers & Ranchers: $361 per year.
  3. State Farm: $434 per year.
  4. Farmers: $471 per year.
  5. Mercury: $504 per year.

Cheapest auto insurance in Oklahoma City for 40-year-olds with poor credit

Drivers with poor credit in Oklahoma City can check out the following insurers with the lowest average rates for full coverage:

  1. Geico: $1,504 per year.
  2. Oklahoma Farm Bureau: $1,981 per year.
  3. American Farmers & Ranchers: $2,518 per year.
  4. Farmers: $2,614 per year.
  5. Mercury: $2,658 per year.

Cheapest auto insurance in Oklahoma City for 40-year-old drivers with one at-fault crash

For drivers with a recent accident living in Oklahoma City, here are the companies with the lowest average rates for full coverage:

  1. Geico: $1,808 per year.
  2. Oklahoma Farm Bureau: $1,938 per year.
  3. State Farm: $2,196 per year.
  4. Farmers: $2,308 per year.
  5. American Farmers & Ranchers: $2,781 per year.

Cheapest auto insurance in Oklahoma City for 40-year-old drivers after a DUI

The cheapest full coverage auto insurance we found for drivers with a DUI came from the following companies.

  1. Geico: $2,006 per year.
  2. Progressive: $2,121 per year.
  3. Farmers: $2,187 per year.
  4. Mercury: $2,421 per year.
  5. State Farm: $2,484 per year.

Cheapest car insurance in Oklahoma City for 50-year-old drivers

Drivers in their 50s have cheaper car insurance rates than most other age groups on average. Prices will continue to drop as they inch toward their 60s and gain more driving experience. Rates can still vary depending on other factors such as a driver’s gender and location, so it’s smart to shop around to find the best rate. Our list of the best cheap car insurance companies is a good place to start.

Cheapest full coverage car insurance in Oklahoma City for 50-year-olds

Drivers in Oklahoma City with clean driving records may want to get quotes from these insurers, which had the lowest average rates:

  1. Geico: $1,032 per year.
  2. Farmers: $1,531 per year.
  3. Shelter: $1,551 per year.
  4. Mercury: $1,587 per year.
  5. American Farmers & Ranchers: $1,593 per year.

Cheapest minimum coverage car insurance in Oklahoma City for 50-year-olds

Drivers in Oklahoma City who opt for the state minimum coverage may want to consider the following companies, with the lowest average rates:

  1. Geico: $327 per year.
  2. American Farmers & Ranchers: $353 per year.
  3. Mercury: $414 per year.
  4. State Farm: $422 per year.
  5. Farmers: $423 per year.

Cheapest auto insurance in Oklahoma City for 50-year-olds with poor credit

Drivers with poor credit in Oklahoma City can check with the following companies, which showed the lowest average rates for full coverage:

  1. Geico: $1,528 per year.
  2. Oklahoma Farm Bureau: $1,838 per year.
  3. Mercury: $2,331 per year.
  4. Say Insurance: $2,398 per year.
  5. Farmers: $2,450 per year.

Cheapest auto insurance in Oklahoma City for 50-year-old drivers with one at-fault crash

For drivers living in Oklahoma City with a recent accident, here are the insurers with the lowest average full coverage rates:

  1. Oklahoma Farm Bureau: $1,797 per year.
  2. Geico: $2,081 per year.
  3. State Farm: $2,130 per year.
  4. Farmers: $2,236 per year.
  5. American Farmers & Ranchers: $2,747 per year.

Cheapest auto insurance in Oklahoma City for 50-year-old drivers after a DUI

The cheapest auto insurance we found for drivers with a recent DUI comes from the following companies, listed with rates for full coverage.

  1. Progressive: $2,013 per year.
  2. Farmers: $2,118 per year.
  3. Geico: $2,130 per year.
  4. Mercury: $2,236 per year.
  5. State Farm: $2,410 per year.

Cheapest car insurance in Oklahoma City for 65-year-old drivers

Although 65-year-olds have cheaper car insurance rates than many other age groups on average, prices will start increasing as they get older. To find cheap auto insurance for seniors, drivers in their mid-60s should make sure to shop around to find the best rate. Drivers in this age group should also take advantage of any available discounts for senior citizens.

Cheapest full coverage car insurance in Oklahoma City for 65-year-olds

Drivers in Oklahoma City with clean driving records may want to think about getting quotes from these companies, which had the lowest average rates:

  1. Geico: $1,069 per year.
  2. Farmers: $1,543 per year.
  3. Shelter: $1,551 per year.
  4. Oklahoma Farm Bureau: $1,554 per year.
  5. Progressive: $1,590 per year.

Cheapest minimum coverage car insurance in Oklahoma City for 65-year-olds

Drivers in Oklahoma City who want just the state minimum coverage may want to check with these insurers, which had the lowest average rates:

  1. American Farmers & Ranchers: $361 per year.
  2. Geico: $363 per year.
  3. State Farm: $400 per year.
  4. Farmers: $439 per year.
  5. Oklahoma Farm Bureau: $465 per year.

Cheapest auto insurance in Oklahoma City for 65-year-olds with poor credit

Drivers with poor credit in Oklahoma City can look at the following companies with the lowest average rates for full coverage:

  1. Geico: $1,585 per year.
  2. Oklahoma Farm Bureau: $1,722 per year.
  3. Say Insurance: $2,398 per year.
  4. Farmers: $2,501 per year.
  5. American Farmers & Ranchers: $2,518 per year.

Cheapest auto insurance in Oklahoma City for 65-year-old drivers with one at-fault crash

For drivers with a recent accident living in Oklahoma City, here are the companies with the lowest average rates for full coverage:

  1. Oklahoma Farm Bureau: $1,690 per year.
  2. State Farm: $2,008 per year.
  3. Geico: $2,208 per year.
  4. Farmers: $2,314 per year.
  5. American Farmers & Ranchers: $2,781 per year.

Cheapest auto insurance in Oklahoma City for 65-year-old drivers after a DUI

The cheapest auto insurance we found after a DUI came from the following companies, shown with their average rates for full coverage.

  1. Geico: $2,116 per year.
  2. Progressive: $2,154 per year.
  3. Farmers: $2,195 per year.
  4. State Farm: $2,274 per year.
  5. Oklahoma Farm Bureau: $2,405 per year.

Cheapest car insurance for military families in Oklahoma City

If you’re an active member of the military or a veteran — or have an immediate family member who is — chances are you’ll get a relatively cheap rate with USAA, a company that isn’t available to the general public.

Because of that restriction, USAA isn’t ranked with the others, but it was among the cheapest five auto insurance options for 38 of the 40 driver profiles we examined.

» MORE: Best car insurance for veterans and military

Minimum required auto insurance in Oklahoma City

Car insurance policies in Oklahoma City and throughout the state must include liability insurance, which helps pay for others’ property repairs or injury treatment if you cause an accident.

The minimum amounts your policy must include are:

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

While this is enough to drive legally, you may want more than the bare minimum. Check out NerdWallet’s guide to minimum car insurance requirements by state for details on other coverages you can add and how their limits work.

Alternative auto insurance in Oklahoma City

If poor credit, a spotty driving record or other factors are preventing you from getting auto insurance on the voluntary market, you may qualify for coverage through the Oklahoma Automobile Insurance Plan.

NerdWallet can also help you find cheap auto insurance in Oklahoma City. Use our car insurance comparison tool to see rates from top companies.

Methodology

For our “good driver” profile, NerdWallet averaged insurance estimates for single male and female drivers with good credit and no tickets or violations. The analysis included 5-10 of the largest insurance companies in the Oklahoma City Metropolitan Statistical Area as defined by the U.S. Office of Management and Budget. The MSA encompasses seven Oklahoma counties:

  • Canadian County.
  • Cleveland County.
  • Grady County.
  • Lincoln County.
  • Logan County.
  • McClain County.
  • Oklahoma County.

Smaller insurers were also included when rates were available. Liberty Mutual and its subsidiaries were excluded from our analysis as rates were not available.

For full coverage policies, we used the following coverage limits:

  • $100,000 bodily injury liability per person.
  • $300,000 bodily injury liability per accident.
  • $50,000 property damage liability per accident.
  • $100,000 uninsured motorist coverage per person.
  • $300,000 uninsured motorist coverage per accident.
  • Collision coverage with a $1,000 deductible.
  • Comprehensive coverage with a $1,000 deductible.

Some policies include additional coverages at the insurer’s discretion.

  • We used a 2018 Toyota Camry L for all drivers and assumed 12,000 annual miles driven.
  • We analyzed rates for drivers 20 to 80 years old in five-year increments.

We used the same assumptions for all other driver profiles, with the following exceptions:

  • For drivers with minimum coverage, we adjusted the numbers above to reflect minimum required coverage by law in the state.
  • We changed the credit tier from “good” to “poor” as reported to the insurer to see rates for drivers with poor credit.
  • For drivers with one at-fault crash, we added a single at-fault crash that happened six months ago, resulting in $10,000 in property damage and no bodily injury claim.
  • For drivers with a DUI, we added a single drunken driving violation that happened six months ago.

These rates are estimates generated through Quadrant Information Services and do not reflect insurers’ proprietary pricing methods. Your own rates will be different.

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