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Best Car Insurance In Oklahoma

State Farm is the best car insurance company for drivers in Oklahoma and offers top-notch coverage at great rates for drivers with different backgrounds.

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Written by:
Dash Lewis , Writer
Written by: Dash Lewis Content Writer
04/03/2024 01:29 PM

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Key Points:

  • State Farm is the best choice for Oklahoma drivers and drivers nationwide thanks to the company’s excellent coverage selection, low rates, and solid industry reputation. 
  • Drivers in Oklahoma are required to have a minimum of 25/50/25 liability car insurance coverage to legally operate a vehicle.
  • Oklahoma drivers pay average rates of $2,061 per year or $172 per month for a full-coverage policy.

Full-coverage car insurance in Oklahoma is more expensive than the national average cost of $1,968 per year, but not by much. In this article, we’ll suggest low-cost, high-quality insurance options for Oklahoma drivers. We’ll also go over the state minimum requirements as well as typical driving conditions in Oklahoma.

Our review team has combed the industry to find the best car insurance providers nationwide, based on costs, coverage, industry standing, and customer reviews. In this review, we’ll apply the same criteria to Oklahoma insurance providers.

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What Is The Best Car Insurance Company In Oklahoma?

State Farm not only offers the most well-rounded coverage options and discounts for drivers in Oklahoma, but the company’s policies are also the most affordable in the state. However, USAA may offer competitive rates for military members, while American Farmers and Ranchers and Mercury General offer great regional alternatives for many drivers.

Oklahoma
Auto Insurance Provider
Overall Rating
(Out of 5.0)
Award
1. State Farm4.7Best Overall Provider
2. USAA4.5Best For Military Members
3. American Farmers and Ranchers4.1Affordable For Teens
4. Mercury Insurance4.0Superior Regional Coverage
5. Geico4.5Affordable Full Coverage

*You may notice that some car insurance companies are listed above those with higher star ratings. This is because our star ratings take into account nationwide factors, while our ranking looks specifically at what insurance providers are best for car insurance in Oklahoma.


5 Best Car Insurance Providers In Oklahoma

Find out more about each of the best auto insurance companies in Oklahoma below. Note that the cost information provided reflects quotes for a 30 year old male driver with good credit and clean driving record.

#1 State Farm: Best Overall Provider

Full Coverage Auto Insurance Cost: $1,345 per year, $112 per month
Minimum Liability Auto Insurance Cost: $420 per year, $35 per month
Oklahoma Customer Service Rating: 833/1,000 points
Claims Satisfaction Rating: 891/1,000 points

State Farm has an outstanding industry reputation and is the largest insurance provider in the country. The company is known for offering low average premiums nationwide and also offers the cheapest rates for both full and minimum coverage in Oklahoma. Drivers with a recent speeding ticket, accident, or DUI can find cheap car insurance through the company as well.

Learn more about the insurer in our State Farm insurance review.

Pros

  • Strong selection of auto insurance products
  • Large insurer with a great industry reputation
  • Discounts for young drivers and students

Cons

  • Not accepting new customers in Massachusetts or Rhode Island

#2 USAA: Best For Military Members

Full Coverage Auto Insurance Cost: $1,562 per year, $130 per month
Minimum Liability Auto Insurance Cost: $441 per year, $37 per month
Oklahoma Customer Service Rating: 890/1,000 points*
Claims Satisfaction Rating: 900/1,000 points*

For military members and their families, USAA often offers the lowest-cost coverage in addition to top-notch customer service. While you can’t visit a brick-and-mortar USAA store, the provider does have local insurance agents readily available. Premium costs can vary greatly depending on your age, credit score, location, vehicle, and driving history, but in general, a USAA policy is a strong option for affordable coverage.

Learn more in our USAA insurance review.

Pros

  • Excellent rates for military members and their families
  • Superior Financial Strength rating from AM Best
  • Many discount opportunities

Cons

  • Policy eligibility restricted to military and their family members

*USAA is excluded from rankings in J.D. Power studies because the provider doesn’t meet study eligibility requirements.

#3 American Farmers and Ranchers: Affordable For Teens

Full Coverage Auto Insurance Cost: $1,757 per year, $146 per month
Minimum Liability Auto Insurance Cost: $545 per year, $45 per month
Oklahoma Customer Service Rating: N/A
Claims Satisfaction Rating: N/A

American Farmers and Ranchers, typically shortened to AFR, has a long history in Oklahoma. Founded in 1905, today the company works to offer best-in-class local coverage. Based on quotes we received from dozens of providers, AFR offers the lowest car insurance costs in the state for teen drivers and young adults in Oklahoma. Coverage options from the company are fairly standard, though customers do have the unique option of adding fire, lightning, and theft coverage.

Pros

  • Over 100 years of service in Oklahoma
  • Wide network of local agents
  • High number of discounts

Cons

  • Only available in Oklahoma

#4 Mercury Insurance: Superior Regional Coverage

Full Coverage Auto Insurance Cost: $1,991 per year, $166 per month
Minimum Liability Auto Insurance Cost: $555 per year, $46 per month
Oklahoma Customer Service Rating: N/A
Claims Satisfaction Rating: 848/1,000 points

Founded in 1961, Mercury Insurance serves drivers in 11 states. The company’s coverage options include standard minimum and comprehensive coverages in addition to a usage-based program. Benefits with Mercury policies include roadside assistance, rental car reimbursement, and rideshare insurance. For drivers unable to find affordable coverage with other providers, Mercury offers an alternative for cheap liability insurance.

Pros

  • Affordable minimum coverage rates
  • Discounts for many drivers
  • Rideshare insurance available

Cons

  • Mixed customer reviews

#5 Geico: Affordable Full Coverage

Full Coverage Auto Insurance Cost: $1,592 per year, $130 per month
Minimum Liability Auto Insurance Cost: $609 per year, $51 per month
Oklahoma Customer Service Rating: 819/1,000 points
Claims Satisfaction Rating: 871/1,000 points

Geico is an excellent choice for car insurance in Oklahoma thanks to its strong industry reputation and high customer satisfaction ratings. The insurer also offers low auto insurance rates nationwide, including in the Sooner State. Geico currently holds an A++ financial strength rating from AM Best, which shows the company’s ability to pay out claims. It also offers an accident forgiveness program that can either be bought into or earned, depending on your driving record.

Learn more about the insurer in our Geico insurance review.

Pros

  • Superior financial strength rating
  • Many choices for coverage available in 50 states
  • High level of customer satisfaction

Cons

  • Average quotes experience
  • Usage-based app not available in all states

Oklahoma Car Insurance Requirements

Each state sets its own minimum car insurance requirements. In Oklahoma, the minimum coverage requirements are as follows:

  • $25,000 per person bodily injury liability coverage
  • $50,000 per accident bodily injury liability coverage
  • $25,000 per accident property damage liability coverage

These coverages, which you may find written as 25/50/25 insurance, protect other drivers and their passengers as well as other vehicles involved in an accident. Driving without insurance is considered a serious offense in Oklahoma, and the state has strict penalties for this behavior, including:

  • Fine up to $250
  • Imprisonment for up to 30 days
  • License suspension until you provide proof of insurance
  • Vehicle impoundment
  • $275 license reinstatement fee

Although you only need 25/50/25 coverage to be legally compliant, drivers are encouraged to carry more than minimum coverage, especially since Oklahoma is an at-fault state. This means that you’ll be held personally responsible for any damages that exceed your insurance coverage in accidents you cause.

Here are a few other types of auto insurance to consider carrying:


What To Know About Driving In Oklahoma

According to the Insurance Institute of Highway Safety (IIHS), there were 19.1 auto deaths per 100,000 people in 2021. This is much higher than the national average of 12.9 deaths per 100,000 people.

Oklahoma isn’t known for its infrastructure, which may be one reason roads are more dangerous. There are eight interstate highways in Oklahoma, as well as high rates of traffic congestion and structurally deficient bridges. The state ranked 45th for highway performance in 2023, according to studies conducted by the Reason Foundation.


Best Car Insurance In Oklahoma: Our take

There are strict penalties for driving without an adequate car insurance policy in Oklahoma, so it’s crucial to buy at least the state’s minimum coverage. However, you should still compare quotes for minimum coverage before committing to a policy. Based on customer reviews, industry ratings, costs, and coverage quality, we’ve found that State Farm is the best choice for most drivers. Compare car insurance quotes from State Farm against USAA, AFR, Mercury Insurance, and Geico to get the best coverage and insurance premium rates in Oklahoma.


FAQ: Car Insurance In Oklahoma

Below, we offer up some answers to questions you may have about how to get the best car insurance in Oklahoma:

Who has the cheapest car insurance in Oklahoma?

Currently, State Farm offers the most affordable car insurance rates across the board in Oklahoma. Drivers pay an average of $1,345 per year and $112 per month for full coverage, compared to the statewide average of $2,061 per year. For liability coverage, State Farm averages out at $420 per year or $35 per month, well below the statewide average of $682 per year.

How much is car insurance in Oklahoma per month?

Drivers in Oklahoma pay an average of $2,061 per year or $172 per month for full coverage and $682 per year or $57 monthly for minimum coverage.

What type of car insurance is required by law in Oklahoma?

Oklahoma’s minimum coverage requirements include $25,000 bodily injury liability per person, $50,000 bodily injury liability per accident, and $25,000 property damage liability per accident. It’s recommended to carry more than the minimum car insurance required by law though.


How We Rate Oklahoma Auto Insurers

Our review team extensively researches auto insurance providers to deliver informed and unbiased assessments of leading companies. We evaluate several key rating factors that are important to consumers to determine which providers are the best in the industry:

  • Reliability: It’s important that an auto insurer is able to meet its claims obligations. Companies with a strong financial strength rating from AM Best score best in this category. Established insurers with a long history of reliable service also receive positive marks.
  • Availability: Insurance companies that offer wider availability to consumers in terms of state availability and few eligibility requirements are more likely to meet consumer needs.
  • Coverage: To determine our coverage score, we look at the number of coverage options available as well as coverage limits and deductible options. Our ratings also take into account additional services and benefits like roadside assistance.
  • Pricing: Cost can be difficult to compare between insurers because so many factors impact annual premiums. The cheapest insurer for one driver may not be the cheapest for another. To determine our cost score, we look at insurance rate estimates generated by Quadrant Information Services, discount opportunities, and consumer reports.
  • Service: We comb through customer reviews on sites like the Better Business Bureau (BBB) to learn about customer experiences. Insurers with a low volume of complaints score well in this area. We also consider the claims process, giving higher ratings to car insurance providers that offer a smooth experience.
  • Technology: Providers with an online quote tool, easy-to-use claims app and a usage-based insurance app score best in this category.

*Data accurate at time of publication.