Cheapest car insurance companies in Oklahoma City
According to a study by Insurance.com, the cheapest car insurance companies in Oklahoma City for 2023 are Progressive and Geico.
Progressive is the cheapest option for most Oklahoma City drivers, with an average annual rate of $1,402 .
Car insurance costs may vary in Oklahoma City based on your location, driving record, coverage level and the insurance company you choose. Increase your chances of getting the best deal by comparing car insurance quotes from multiple carriers. The following companies are known to offer the cheapest auto insurance rates in Oklahoma City.
| Companies | Average annual rates |
|---|---|
| Progressive | $1,402 |
| USAA | $1,594 |
| Geico | $1,802 |
| State Farm | $1,935 |
| Shelter Insurance | $2,402 |
| Mercury Insurance | $2,495 |
| AFR Insurance | $2,499 |
| Farmers | $2,925 |
| Allstate | $3,177 |
| Oklahoma Farm Bureau | $3,625 |
Cheapest car insurance cost in Oklahoma City by Age Group
AFR Insurance stands out as Oklahoma City's cheapest auto insurance company for teen drivers at an average annual of $4,197. Insurance providers classify teenagers as high-risk drivers, and that's why they typically face increased insurance costs compared to other age groups.
Getting lower rates isn't easy for young drivers, but they can take some steps to increase their chances of getting affordable insurance. Many insurance companies offer good student discounts to drivers who maintain a certain grade point average (GPA). Besides, teen drivers can lower premiums by staying on their parents' insurance.
For young drivers in Oklahoma City, Progressive has the cheapest auto insurance rates, with an average annual cost of $2,377 annually.
As Oklahoma City drivers transition into their 30s, they can enjoy significantly lower auto insurance costs compared to their 20s. Progressive stands out as the cheapest car insurance option for adult drivers, with an annual premium of $1,407.
If you are a senior driver in Oklahoma City and looking for a cheap car insurance company, then consider buying insurance from Progressive. It is the cheapest auto insurance company for senior drivers, with an average premium of $1,238 per year.
| Company | Teens | Young Adults | Adults | Seniors |
|---|---|---|---|---|
| AFR Insurance | $4,197 | $3,038 | $2,518 | $2,622 |
| USAA | $4,693 | $2,409 | $1,613 | $1,659 |
| State Farm | $5,303 | $3,138 | $1,943 | $1,859 |
| Geico | $6,191 | $2,633 | $1,795 | $1,907 |
| Shelter Insurance | $7,086 | $4,504 | $2,487 | $2,251 |
| Progressive | $7,099 | $2,377 | $1,407 | $1,238 |
| Farmers | $7,720 | $5,264 | $2,779 | $2,958 |
| Oklahoma Farm Bureau | $9,589 | $5,454 | $3,502 | $3,198 |
| Mercury Insurance | $10,234 | $4,528 | $2,533 | $2,474 |
| Allstate | $10,743 | $4,836 | $3,145 | $3,190 |
Cheapest car insurance companies in Oklahoma City by driver profile
When determining car insurance rates in Oklahoma City, insurers consider multiple factors, including the driver's profile. Individuals with a clean driving record enjoy substantially lower premiums than drivers with a history of accidents or traffic citations.
When it comes to finding the cheapest car insurance rates in Oklahoma City, make sure you compare insurance quotes from various insurers. By comparing rates from multiple providers, you can get the coverage you need while saving money.
Based on data analysis by Insurance.com's experts, these are the cheapest car insurance companies for Oklahoma City drivers based on driver profile.
- Cheapest for a driver with poor credit: Geico
- Cheapest for a driver with a speeding ticket: State Farm
- Cheapest for accident: State Farm
- Cheapest for DUI: State Farm
Cheapest for a driver with poor credit: Geico
If you're a Oklahoma City driver with poor credit, Geico is the cheapest car insurance company for you, based on Insurance.com's in-depth data analysis. It offers a full-coverage car insurance policy at an average cost of $1,589 annually.
Drivers with poor or bad credit scores in Oklahoma City can consider the following car insurance companies to get the affordable car insurance coverage.
| Company | Average annual rates |
|---|---|
| Geico | $1,589 |
| USAA | $2,251 |
| Farmers | $2,647 |
| Allstate | $3,148 |
| Progressive | $4,910 |
| State Farm | $6,727 |
Cheapest for drivers with a speeding ticket: State Farm
State Farm offers the cheapest auto insurance rates for drivers with a speeding ticket in Oklahoma City. It provides full coverage car insurance for drivers aged 30 at about $1,514 per year.
Finding the cheapest car insurance isn't a one-size-fits-all scenario. What may be the most cost-effective option for you might not be the same for someone else. That's why you should compare car insurance quotes from multiple carriers.
| Company | Average annual premium |
|---|---|
| State Farm | $1,514 |
| USAA | $1,557 |
| Geico | $1,863 |
| Farmers | $2,276 |
| Allstate | $2,330 |
| Progressive | $3,983 |
Cheapest auto insurance after an at-fault accident: State Farm
Looking for affordable car insurance rates after an at-fault accident? It can be a challenge, but with comparison shopping, you might find a policy that suits your budget.
Drivers in Oklahoma City with at-fault accidents on their driving records can find the cheapest car insurance rates with State Farm. Its full coverage policy costs an average of $1,609 annually.
| Company | Average annual rates |
|---|---|
| State Farm | $1,609 |
| USAA | $1,977 |
| Geico | $2,299 |
| Farmers | $2,634 |
| Allstate | $2,966 |
| Progressive | $5,274 |
Cheapest auto insurance after a DUI: State Farm
Buying car insurance doesn't have to break the bank. State Farm offers the cheapest full coverage policy in Oklahoma City for drivers with a DUI, with an average annual premium of $1,514.
If you are convicted of a DUI, your auto insurance rates are likely to go up. To obtain the best possible offer, it is essential to compare car insurance quotes from multiple carriers.
| Company | Average annual rates |
|---|---|
| State Farm | $1,514 |
| USAA | $2,319 |
| Farmers | $2,721 |
| Allstate | $3,088 |
| Geico | $3,136 |
| Progressive | $4,001 |
Average car insurance cost in Oklahoma City
In Oklahoma City, the average annual cost for full coverage car insurance is around $2,373, which breaks down to approximately $198 per month. These rates are based on coverage levels of 100/300/100. On the other hand, the average yearly rate for state minimum coverage in Oklahoma City is about $530.
Choosing full coverage insurance may mean a higher policy cost compared to the state minimum, but it offers better protection. It provides liability coverage as well as
| Average annual Rates | State minimum average |
|---|---|
| $2,373 | $530 |
Methodology
Insurance.com commissioned 2023 data for the cheapest car insurance rates in cities from Quadrant Data Services for all 50 states and Washington D.C. Rates are based on the following profile:
- 40-year-old male driver
- Honda Accord LX
- 12-mile daily commute, 10,000 annual miles
- Good credit
- Clean record
While the rates for drivers with poor credit, speeding tickets, DUI and at-fault accidents were sourced from the Auto Problems Report 2023.
Rates are based on coverage limits of:
- $100,000 bodily injury per person
- $300,000 bodily injury per accident
- $100,000 property damage per accident
- $500 comprehensive and collision deductible
Insurance.com analyzed rates from over 34,000 ZIP codes, 56 million quotes, and 136 companies. Based on the analysis, we have created lists of the cheapest companies for different driver profiles. USAA also made it to the list, but it offers services only to current and former military members and their families. Rates sourced from Quadrant Data Services for comparison purposes only; your rates may differ.
