Oklahoma Farm Bureau is the best homeowners insurance company in Oklahoma, based on a 2023 analysis by Insurance.com, with an overall rating of 4.6. USAA is the best home insurance company in Oklahoma for military veterans and families, with an overall rating of 3.96.
Allstate offers the cheapest home insurance in Oklahoma at $3,590 a year.
With so many options out there, it is not easy to choose a homeowners insurance company in Oklahoma. You need a reliable company that will provide you with quality service at an affordable price. If this is what you're looking for, keep reading.
- The average cost of homeowners insurance in Oklahoma is $4,945 a year or $412 a month.
- The cheapest homeowners insurance company in Oklahoma is Allstate, which offers home insurance at an average of $3,590 a year.
- Oklahoma Farm Bureau ranked as the best insurance company in Oklahoma based on rates, complaints, and financial stability.
Average home insurance cost in Oklahoma
The average cost of homeowners insurance in Oklahoma is $4,945 a year or $412 a month. This is based on coverage of:
- $300,000 dwelling
- $300,000 liability
- $1,000 deductible.
However, the average annual premium varies by the insurance company, your ZIP code, coverage type, your home's age, among other factors. It’s a good idea to compare price quotes from different Oklahoma homeowners insurance companies to get the best deal.
Best home insurance companies in Oklahoma
The best home insurance company in Oklahoma for 2023 is Oklahoma Farm Bureau, followed by USAA and Allstate.
Below is a full list of the top Oklahoma insurance companies based on price, NAIC complaints, and AM Best financial ratings. The total Insurance.com score is calculated out of five using these factors.
| Insurance company | AM Best | Average annual rate | NAIC Complaint ratio | Insurance.com score |
|---|---|---|---|---|
| Oklahoma Farm Bureau | A+ | $ 3,798 | 0.38 | 4.6 |
| USAA | A++ | $ 4,973 | 0.41 | 3.96 |
| Allstate | A+ | $ 3,590 | 2.04 | 3.8 |
| Shelter Insurance | A | $ 5,246 | 0.19 | 3.6 |
| State Farm | A++ | $ 5,519 | 1.07 | 3.22 |
| Farmers | A | $ 5,701 | 0.33 | 3.22 |
| Oklahoma Farm Bureau | A+ | $ 3,798 | 0.38 | 4.6 |
| USAA | A++ | $ 4,973 | 0.41 | 3.96 |
*USAA only provides coverage to military members, veterans and their families.
Cheapest home insurance companies in Oklahoma
Below are Oklahoma home insurance rates by company for six different levels of dwelling coverage, each with $300,000 in liability and a $1,000 deductible. Based on our rate analysis, you’ll see Allstate has the most affordable rates in most categories.
| Company | $200,000 | $300,000 | $400,000 | $500,000 | $600,000 |
|---|---|---|---|---|---|
| Allstate | $ 3,070 | $ 3,590 | $ 4,382 | $ 5,315 | $ 6,216 |
| Oklahoma Farm Bureau | $ 2,566 | $ 3,798 | $ 5,034 | $ 6,206 | $ 7,377 |
| USAA | $ 3,775 | $ 4,973 | $ 5,988 | $ 6,960 | $ 7,902 |
| Shelter Insurance | $ 3,565 | $ 5,246 | $ 6,983 | $ 8,597 | $ 9,793 |
| State Farm | $ 4,268 | $ 5,519 | $ 6,748 | $ 8,044 | $ 8,544 |
| Farmers | $ 4,185 | $ 5,701 | $ 7,418 | $ 6,391 | $ 6,881 |
*USAA only provides coverage to military members, veterans and their families.
Oklahoma home insurance rates by ZIP code
Home insurance rates can vary widely depending on where the home is located. We compared home insurance rates by ZIP code in Oklahoma to see which areas are the most and least expensive.
The most expensive ZIP codes in Oklahoma for home insurance
Oklahoma homeowners insurance rates are the most expensive for ZIP code 73645, with an average annual cost of $5,731.
The most expensive ZIP codes in Oklahoma are:
| ZIP code | Average annual rates |
|---|---|
| 73645 | $ 5,731 |
| 73650 | $ 5,692 |
| 73858 | $ 5,652 |
| 73628 | $ 5,647 |
| 73644 | $ 5,622 |
| 73938 | $ 5,620 |
The least expensive ZIP codes in Oklahoma for home insurance
The cheapest ZIP codes for home insurance in Oklahoma are:
| ZIP code | Average annual rates |
|---|---|
| 74954 | $ 4,372 |
| 74901 | $ 4,384 |
| 74339 | $ 4,403 |
| 74959 | $ 4,405 |
| 74936 | $ 4,408 |
| 74360 | $ 4,415 |
