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Best Cheap Auto Insurance in Oklahoma for 2021

Dec. 9, 2020
Auto Insurance, Insurance
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If you’re looking for cheap car insurance in Oklahoma, comparison shopping is key. Settling for the first quote you get could mean paying higher rates than necessary, so it’s wise to look at as many estimates as you can.

To make the shopping process easier, NerdWallet researched rates from 20 insurers in the state and found the cheapest options for several driver groups.

» Are you a Tulsa-area resident? Find The Best Cheap Car Insurance in Tulsa

Cheapest for 20-year-old drivers in Oklahoma

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 in Oklahoma for 20-year-olds

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

  1. Geico: $1,559 per year.
  2. American Farmers & Ranchers: $2,147 per year.
  3. State Farm: $3,111 per year.
  4. Farmers: $3,308 per year.
  5. Progressive: $3,311 per year.

Cheapest minimum coverage in Oklahoma for 20-year-olds

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

  1. Geico: $474 per year.
  2. American Farmers & Ranchers: $560 per year.
  3. State Farm: $830 per year.
  4. Allstate: $842 per year.
  5. Farmers: $990 per year.

Cheapest coverage for 20-year-olds with poor credit in Oklahoma

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

  1. Geico: $669 per year.
  2. American Farmers & Ranchers: $869 per year.
  3. Allstate: $1,049 per year.
  4. Oklahoma Farm Bureau: $1,147 per year.
  5. Equity: $1,149 per year.

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

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

  1. Geico: $765 per year.
  2. American Farmers & Ranchers: $1,010 per year.
  3. State Farm: $1,103 per year.
  4. Allstate: $1,125 per year.
  5. Equity: $1,282 per year.

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

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

  1. Geico: $919 per year.
  2. Allstate: $1,112 per year.
  3. Progressive: $1,136 per year.
  4. American Farmers & Ranchers: $1,225 per year.
  5. Mercury: $1,237 per year.

Cheapest for 30-year-old drivers in Oklahoma

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 in Oklahoma for 30-year-olds

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

  1. Geico: $987 per year.
  2. American Farmers & Ranchers: $1,568 per year.
  3. Farmers: $1,598 per year.
  4. Progressive: $1,635 per year.
  5. Oklahoma Farm Bureau: $1,716 per year.

Cheapest minimum coverage in Oklahoma for 30-year-olds

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

  1. Geico: $278 per year.
  2. American Farmers & Ranchers: $340 per year.
  3. State Farm: $364 per year.
  4. Farmers: $410 per year.
  5. Oklahoma Farm Bureau: $448 per year.

Cheapest coverage for 30-year-olds with poor credit in Oklahoma

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

  1. Geico: $1,459 per year.
  2. Oklahoma Farm Bureau: $1,907 per year.
  3. American Farmers & Ranchers: $2,444 per year.
  4. Farmers: $2,507 per year.
  5. Mercury: $2,724 per year.

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

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

  1. Geico: $1,739 per year.
  2. Oklahoma Farm Bureau: $1,861 per year.
  3. Farmers: $2,214 per year.
  4. State Farm: $2,235 per year.
  5. American Farmers & Ranchers: $2,684 per year.

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

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

  1. Geico: $1,832 per year.
  2. Progressive: $2,014 per year.
  3. Farmers: $2,096 per year.
  4. Mercury: $2,425 per year.
  5. State Farm: $2,499 per year.

Cheapest for 40-year-old drivers in Oklahoma

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 in Oklahoma for 40-year-olds

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

  1. Geico: $973 per year.
  2. American Farmers & Ranchers: $1,568 per year.
  3. Progressive: $1,583 per year.
  4. Farmers: $1,607 per year.
  5. Mercury: $1,670 per year.

Cheapest minimum coverage in Oklahoma for 40-year-olds

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

  1. Geico: $276 per year.
  2. American Farmers & Ranchers: $340 per year.
  3. State Farm: $358 per year.
  4. Farmers: $396 per year.
  5. Oklahoma Farm Bureau: $448 per year.

Cheapest coverage for 40-year-olds with poor credit in Oklahoma

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

  1. Geico: $1,437 per year.
  2. Oklahoma Farm Bureau: $1,907 per year.
  3. American Farmers & Ranchers: $2,444 per year.
  4. Mercury: $2,489 per year.
  5. Farmers: $2,544 per year.

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

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

  1. Geico: $1,700 per year.
  2. Oklahoma Farm Bureau: $1,861 per year.
  3. State Farm: $2,172 per year.
  4. Farmers: $2,247 per year.
  5. American Farmers & Ranchers: $2,684 per year.

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

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

  1. Geico: $1,893 per year.
  2. Progressive: $1,959 per year.
  3. Farmers: $2,125 per year.
  4. Mercury: $2,258 per year.
  5. State Farm: $2,427 per year.

Cheapest for 50-year-old drivers in Oklahoma

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 in Oklahoma for 50-year-olds

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

  1. Geico: $984 per year.
  2. Shelter: $1,438 per year.
  3. Progressive: $1,478 per year.
  4. Mercury: $1,486 per year.
  5. Farmers: $1,504 per year.

Cheapest minimum coverage in Oklahoma for 50-year-olds

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

  1. Geico: $283 per year.
  2. American Farmers & Ranchers: $332 per year.
  3. State Farm: $349 per year.
  4. Farmers: $356 per year.
  5. Mercury: $375 per year.

Cheapest coverage for 50-year-olds with poor credit in Oklahoma

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

  1. Geico: $1,455 per year.
  2. Oklahoma Farm Bureau: $1,773 per year.
  3. Mercury: $2,187 per year.
  4. Say Insurance: $2,223 per year.
  5. Farmers: $2,391 per year.

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

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

  1. Oklahoma Farm Bureau: $1,729 per year.
  2. Geico: $1,946 per year.
  3. State Farm: $2,099 per year.
  4. Farmers: $2,179 per year.
  5. Shelter: $2,587 per year.

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

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: $1,859 per year.
  2. Geico: $2,005 per year.
  3. Farmers: $2,059 per year.
  4. Mercury: $2,085 per year.
  5. State Farm: $2,349 per year.

Cheapest for 65-year-old drivers in Oklahoma

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 in Oklahoma for 65-year-olds

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

  1. Geico: $1,007 per year.
  2. Shelter: $1,438 per year.
  3. Progressive: $1,473 per year.
  4. Farmers: $1,490 per year.
  5. Oklahoma Farm Bureau: $1,493 per year.

Cheapest minimum coverage in Oklahoma for 65-year-olds

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

  1. Geico: $311 per year.
  2. State Farm: $330 per year.
  3. American Farmers & Ranchers: $340 per year.
  4. Farmers: $369 per year.
  5. Oklahoma Farm Bureau: $403 per year.

Cheapest coverage for 65-year-olds with poor credit in Oklahoma

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

  1. Geico: $1,490 per year.
  2. Oklahoma Farm Bureau: $1,653 per year.
  3. Say Insurance: $2,223 per year.
  4. Farmers: $2,403 per year.
  5. Mercury: $2,440 per year.

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

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

  1. Oklahoma Farm Bureau: $1,619 per year.
  2. State Farm: $1,969 per year.
  3. Geico: $2,040 per year.
  4. Farmers: $2,216 per year.
  5. Shelter: $2,587 per year.

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

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

  1. Geico: $1,966 per year.
  2. Progressive: $1,987 per year.
  3. Farmers: $2,101 per year.
  4. State Farm: $2,205 per year.
  5. Oklahoma Farm Bureau: $2,280 per year.

Cheapest for military families

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 36 of the 40 driver profiles we examined.

» MORE: Best car insurance for veterans and military

Minimum required auto insurance in Oklahoma

Oklahoma car insurance policies 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 car insurance in Oklahoma

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 car insurance in Oklahoma. Use our car insurance comparison tool to see rates from top companies.

Methodology

For our “good driver” profile, NerdWallet averaged insurance estimates from an average of 14 insurers in each state and Washington, D.C., 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 each state; 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.

In states where required, minimum additional coverages were added. 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 are rates generated through Quadrant Information Services. Your own rates will be different.

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