Best cheap car insurance in Oklahoma City

You deserve to be confident that your car insurance policy covers you for any type of accident. Oklahoma City’s average rate for minimum coverage is $543/year and $2,084/year for full coverage. However, rates can vary between carriers due to increases in claim payouts. Over 2.4 Million licensed drivers are in Oklahoma. In 2019, insurance companies suffered losses of over $1.6million HTML1.

It can be hard to decide which car insurance company to go with, as there are so many options. We analyzed the four most popular auto insurance companies in Oklahoma City to help you make an informed decision about where to begin your search for coverage. We compared each company based on factors such as price, discounts available, customer service, claim handling, and bundling options. These companies can be a good place to start, even though each driver will have a unique experience.

Oklahoma City’s best car insurance companies

Regularly review your insurance coverage to make sure you’re getting the best rate possible and that you have the right coverage for your needs. It doesn’t hurt to get quotes from other companies, even if your current insurance policy is with the same company. Here’s a list of the top car insurance companies in Oklahoma City based on their savings options and how they interact with customers.

Insurance CompanyJ.D. J.D.Minimum Coverage: Average Annual PremiumAverage annual premium for full coverage
Geico855 / 1000$327$1,054
Shelter855 / 1000$871$2,974
Progressive849 / 1000$504$1,584
State Farm849 / 1000$457$1,795

Geico

Geico can be a great option if you prefer electronic transactions. You can complete the entire process online, from getting a quote to purchasing insurance for a new car. If you prefer to speak with someone in person, however, local agents are available. J.D. consistently ranks Geico high in customer satisfaction. Power offers 24/7/365 customer service, a mobile app that allows customers to pay, file claims, and access their ID cards. Geico offers many discounts for Oklahoma City drivers, including discounts for good drivers, discounts for military personnel, discounts for multi-vehicle customers, and other discounts.

Shelter

Shelter Insurance was rated highly in customer satisfaction in Central region. It is available only in select states making it more accessible to Oklahoma drivers. Although it is more expensive, you still get a lot of coverage. This includes comprehensive roadside assistance, new car replacement, disability income coverage and gap insurance. There are discounts for good drivers, students, and those who complete safety courses. There are over 30 agents that can help you choose coverage, pay premiums and file claims.

Progressive

Progressive Insurance may be the company for you if you are looking for a lower premium and a high rate of customer satisfaction. You can meet with dozens of local agents to discuss your insurance needs. However, you can also access policy information online via a mobile app or online. Progressive offers a variety of discounts, and recently introduced Snapshot(r), a rewards program that creates a customized premium plan based upon how safe and frequent you drive. This is a great feature for those who work remotely and don’t drive often. Progressive makes it easy to shop for coverage by offering competitive rates and the Name your Price(r) tool that allows you to specify how much you would like to pay. This will then show you the coverage available within your price range.

State Farm

Rated above average in customer satisfaction in the Central region, State Farm offers auto insurance throughout Oklahoma. State Farm provides a user-friendly experience via their website, mobile app, or face-toface with more than 20 agents in the city. There are discounts for safe driving, student discounts and multiple-line discounts that may be available to you. You can save a lot of money by enrolling in Drive Safe & Save(tm). Online filing and tracking your claim is easy, as well as finding a local mechanic to help you arrange the repair payout.

Oklahoma City’s lowest car insurance

Each driver has unique insurance needs. Sometimes, the best auto insurance company can offer standard coverage at a low rate. The lowest annual average premium in Oklahoma City is provided by Geico, USAA Farmers, State Farm, Mercury, and Farmers. Geico’s Oklahoma City average annual premium rates beat the Oklahoma state average premium, which is $423 for minimum coverage and $1873 respectively. All but one of these companies fall below the U.S. minimum coverage average of $565 and full coverage average of $1,674 annually respectively.

The average annual rate is a great place to start. However, auto insurance premiums may differ depending on your individual situation. You might be eligible for additional discounts than other drivers. Each company offers a different version of the multi-car discount. Good driver discount, good student discount, and discounts for bundling other policies with the company. Geico and Farmers may offer additional discounts for employees of the military, government, or any other large employer. State Farm and Mercury might offer discounts for those who don’t drive often. USAA rewards loyalty based on length of membership, as well as family discounts.

Every company offers roadside assistance and 24-7 claim service to ensure you are safe on the roads. Customers can also purchase coverage, pay for their policies, view them, and file claims via a mobile app or website. While not all companies are ranked higher than the Central area average for overall customer satisfaction however, they each score well in financial strength with AMBest and have positive reviews overall.

Insurance CompanyAverage Annual Premium for Minimum InsuranceAverage annual premium for full coverage
Geico$327$1,054
USAA$380$1,494
Farmers$432$1,303
State Farm$457$1,795
Mercury$481$1,809

Insurance requirements for Oklahoma City

There are different minimum requirements in each state for auto insurance. Oklahoma’s minimum coverage requirement is:

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

This coverage is likely to be the most affordable, but it may not provide enough coverage. Medical bills can quickly mount in a serious accident. This is especially true if there are multiple passengers in the car. If someone needs surgery, you can easily exceed the $50,000 limit. If your coverage is exhausted, you could be personally liable for any remaining expenses. The injured party could also pursue a lawsuit which would put your assets at risk. Your liability coverage should be sufficient to protect you. If you’re not sure, talk to your agent. Many drivers don’t realize the difference in cost is often negligible and well worth the expense in the event that there is a serious accident.

Liability coverage is not sufficient if your vehicle was financed or leased. Many banks and finance companies require that your policy include comprehensive and collision coverage.

Oklahoma City car insurance discounts

Oklahoma City drivers can take advantage of a number of discounts. While each auto insurance company offers different discounts, many offer the same savings. It is important to thoroughly review all discount options before you obtain a quote. Also, ask the representative about any additional discounts that may be available based on your driving record, how many policies you have, your age, or your employer. The following discounts are the most popular and offer the greatest savings:

  • Multi-policy discounts (bundling auto and another insurance product from the same company).
  • Discounts on safe driving (savings for people with clean driving records).
  • Multi-car discounts (insuring multiple vehicles and owning them on your policy)
  • Students who have a minimum GPA are eligible for student discounts
  • Vehicle safety discounts may be available for vehicles that have adequate airbags and other safety features.

Questions frequently asked

Which is the best auto insurance company?

You should consider many factors when deciding on the best auto insurance company in Oklahoma City. These include customer satisfaction reviews, ease-of-use for their website and mobile app, discounts available, and their premium rates.