Insurance rates in Oklahoma are lower for good drivers.
After looking into several Oklahoma insurance providers, we determined that USAA and Oklahoma Farmers Union offered the most cost-effective policies for low-risk motorists.
Oklahoma’s least expensive business The Typical Cost of Car Insurance in Oklahoma
USAA* $1,254
Farmer’s Union in Oklahoma $1,686
$1,690 for State Farm
*USAA vehicle insurance is only offered to active duty military, veterans, and their families. Geico: $1,702; State Average: $2,291.
Even if you get a speeding ticket, an insurance company in Oklahoma will still cover your vehicle.
In Oklahoma, getting a speeding ticket may increase your insurance costs by up to 21%. It’s possible that premium hikes will differ somewhat from one business to the next. Your insurance rates will be higher, but that doesn’t mean you shouldn’t shop around for the best offer.
In Oklahoma, USAA and State Farm offer the lowest average rates for drivers with a speeding ticket, so if you reside there and have been ticketed for speeding in the past, you should shop around for car insurance with these two companies.
Oklahoma’s least expensive business Oklahoma drivers with a speeding citation pay an average of $1,578 per year for auto insurance via USAA*.
$1,930 from State Farm
Farmer’s Union of Oklahoma $2,279
Progressive $1,702
An Average of $2,778 in That StateOnly current and former members of the military, as well as their families, are eligible for USAA vehicle insurance.
Drivers who cause accidents resulting in injuries to others in Oklahoma may be eligible for reduced rates on car insurance.
If you have an accident in which someone is injured, it will be difficult to get affordable auto insurance in the future. Our research suggests that unsafe drivers in Oklahoma should expect to pay up to 35% more than safe ones.
We looked at several insurance companies and found that Oklahoma Farmers Union and USAA had the lowest rates for bodily injury liability.
Oklahoma’s least expensive business Cost of a year’s worth of automobile insurance for someone who causes an injury accident in Oklahoma.
Oklahoma Auto insurance premiums in the state of California range from Farmers Union $1,686 to USAA* $1,909 to State Farm $2,098 to Geico $2,497 to the average of $3,101.
Find Low-Cost Oklahoma DUI Auto Insurance Coverage Here
In Oklahoma, if you are convicted of driving under the influence, your auto insurance rates would rise by an average of 60%. You may still save money on auto insurance by shopping around and comparing quotes from different companies.
Progressive and USAA had the most affordable DUI auto insurance rates in Oklahoma.
Oklahoma’s least expensive business Price of vehicle insurance in Oklahoma for drivers with a DUI conviction, on average: $2,119 per year with Progressive, $2,377 with USAA*, and $2,396 with State Farm.
Prices for Mercury at $2,426 compared to the State Average of $3,667 for vehicle insurance with USAA.
Oklahoma Cheap Auto Insurance Is Available Even to Drivers with Low Credit Scores.
Auto insurance premiums in Oklahoma are likely to be higher for drivers with low credit scores. Drivers in Oklahoma with low credit scores pay almost twice as much for auto insurance.
If you live in Oklahoma and need cheap car insurance while having bad credit, you may want to check out Progressive or USAA.
Oklahoma’s least expensive business Cost of a year’s worth of bad credit auto insurance in Oklahoma.
Comparing Geico’s $2,158 with USAA’s* $2,445
Over Two Thousand Five Hundred Dollars for the Oklahoma Farm Bureau
Average for the State: $3,308 (Mercury) *USAA vehicle insurance is only for active duty military, veterans, and their families.
Oklahoma Auto Insurance for Young Drivers is Affordable
Adding a young driver to your insurance coverage in Oklahoma might boost your rates by as much as 65 percent. When compared to the rates paid by a household without a teen driver, this is a significant difference.
Find the best policy and price for young drivers in Oklahoma by comparing Progressive and Oklahoma Farmers Union.
Oklahoma’s least expensive business The Typical Insurance Premium for a Family of Four in Oklahoma The typical yearly rise in Oklahoma auto insurance premiums for a family with a teen driver aged 16 is.
Progressive $2,465 $3,386 $3,104 $2,185 Oklahoma Farmers Union State of Residence 42% $3,690 $5,538 One Half of State Farm’s Portion $3,048 $4,638 Price Range: $3,365 – $5,541 (52% of State Average) 65%
Low-cost Oklahoma Young Drivers (Ages 18–25) Car Insurance
A costly but essential part of being financially self-sufficient is purchasing one’s own auto insurance policy. For new drivers in Oklahoma, our research indicates that USAA and American Farmers & Ranchers provide the most cost-effective policies.
Oklahoma’s least expensive business USAA* estimates that teenage drivers in Oklahoma pay $2,100 annually for auto insurance. $2,452
When You Need State Farm $2,544
*USAA vehicle insurance is only offered to active duty military, veterans, and their families. Geico: $3,511; State Average: $2,652.
Oklahoma Affordable auto insurance is available for seniors between the ages of 60 and 80.
In Oklahoma, senior folks may get the cheapest vehicle insurance prices at USAA and State Farm. Seniors over 65 who have driving experience and who have completed a defensive driving course may also qualify for savings.
Oklahoma’s least expensive business Oklahomans between the ages of 60 and 80 pay an average of $1,215 per year for auto insurance via USAA* or State Farm. $1,423
Geico $1,776
Farmers and Ranchers in the USA $1,912 vs. the Average of $1,581 in the State *Only current and former members of the military, as well as their families, are eligible for USAA vehicle insurance.
Coupon for Oklahoma’s Emergency Driving School Oklahoma drivers who complete a state-approved six-hour course on accident prevention are eligible for insurance rate savings. This fee waiver is renewed every three years.
You may be eligible for further savings from your insurer if you bundle your car and house insurance policies or insure several vehicles with them. If you want to save money on auto insurance in Oklahoma, it pays to shop around and inquire about discounts.
Compare Oklahoma’s Low Car and Insurance Prices
Among the top 50 best-selling cars in Oklahoma in 2021, the Jeep Wrangler JL Sport, Honda CR-V LX, and Hyundai Tucson SE offer some of the most affordable insurance rates. The 20 most expensive cars to insure each year are shown below.
Two of the most costly cars to insure in Oklahoma are the Lexus ES 300H (annual premium of $2,477) and the Tesla Model S Performance (annual premium of $3,701).
Vehicle Insurance Cost Per Year On Average In Oklahoma
$1,546 for a Jeep Wrangler JL Sport
LX Model Honda CR-V – $1,578
Value Edition Hyundai Tucson: $1,599
Price of a Subaru Crosstrek: $1,644 | Chevrolet Equinox L: $1,615 | Jeep Compass Latitude: $1,616 | Ford Escape S: $1,621
$1,656.00 Volkswagen Tiguan SE
$1,673 for a 2018 Chevrolet Trax LS
$1,678 for a 2012 Subaru Forester 2.5i
Price: $1,705 / Ford F-150 XL
Honda Pilot SE $1,716 Ford Ranger Lariat $1,717 Kia Sportage EX $1,710
1.728$ for a Chevy Colorado
$1,731.00 Toyota RAV4 LE
$1,733 for a 2018 Chevrolet Traverse LS
2011 Toyota Tacoma SR, 1743 USD
$1,744 for a 2012 Dodge Grand Caravan SE
$1,761.00 Ford Edge SE
Oklahoma State Requirements for Vehicle Insurance
In the state of Oklahoma, drivers are required to have liability insurance. You must have insurance to pay for the damages you cause to other people. If you are sued because of an auto accident, your liability insurance will cover your legal fees.
Minimum required liability coverage in Oklahoma is as follows:
Damages to one person’s body are capped at $25,000
If numerous persons are hurt in the event, this increases to $50,000.
Each accident is limited to a maximum of $25,000.
It’s now split 50/25/25.
The bare minimum of protection offered by an Oklahoma insurance policy isn’t likely to be enough. You might be sued for more than the legally required minimums if the accident you caused resulted in several injuries and substantial property damage. The maximum limit on your property insurance coverage is what you should aim for.
What more do I need besides a valid driver’s license in Oklahoma?
Protections for those who drive without insurance. In Oklahoma, you may refuse the following coverages at any time by writing to your auto insurer: collision, comprehensive, and/or liability. On the other hand, they are frequently necessary precautions.
Uninsured motorist coverage (UM) pays for injuries you sustain in a car collision in case the at-fault driver does not have liability insurance. Underinsured motorist coverage (UIM) kicks in to aid if the at-fault driver’s liability insurance is insufficient to compensate your costs.
Paying for medical treatment out of pocket. This coverage will pay for your and your passengers’ medical bills if you are involved in a car accident, no matter who was at fault. If you or a member of your family are hit by a car while walking, MedPay will help pay for your medical care.
You might say that I have full coverage plus collision. In the event of an accident, theft, striking an animal or falling item, hail, floods, fire, rioting, or vandalism, you will need both collision and comprehensive coverage to repair or replace your vehicle.
If you have a vehicle loan or lease, the lender or leasing company may require you to carry this coverage.
Liability coverage is obligatory in the state of Oklahoma.
Forms of Insurance Protection Minimum liability coverage in Oklahoma
Body Injury Liability Insurance: $25,000
Maximum bodily injury coverage of $50,000 per incident
$25,000 for physical harm to property
Protection against drivers who are either not insured or have insufficient coverage
Not necessary
Healthcare Costs
Not necessary
Accident protection
Not necessary
All bases are covered
Not necessary
Do you think it’s okay to provide a digital insurance card?
In the Sooner State of Oklahoma, proof of motor insurance may be presented remotely through phone. You won’t have to cross your fingers and hope that you have the right identity on you in case of a traffic stop. In order to access your insurance information, several car insurance companies now provide smartphone applications.
The Following Are Elements Considered by Insurance Companies in Oklahoma
In Oklahoma, insurance companies may take into account variables outside the policyholder’s driving record, claims history, and vehicle type when determining the rate.
Does Oklahoma Permit Factoring?
Age
Yes
Credit
Yes
Occupation and Academia
Yes
Gender
Yes
Family structure
Yes
Code de postal rgion
Yes
APCIA is the source for this information. Your driving record and the level of coverage you choose are only two of the many variables that will go into determining your premium.
How Many Drivers in Oklahoma Do Not Have Auto Insurance?
According to the Insurance Research Council, over 20% of drivers in Oklahoma do not have auto insurance. This is why safety nets like medical payments, uninsured/underinsured motorist protection, and collision insurance are essential in the event of an accident.
Oklahoma’s Requirements for Bare-Minimum Insurance Protection
In Oklahoma, drivers who are caught on the road without insurance face a maximum fine of $250, a possible prison term of up to 30 days, and the suspension or revocation of their driving rights.
In Oklahoma, when does a car count as a total loss?
Your insurance provider in Oklahoma may consider your wrecked car a complete loss if the cost to fix it is more than 80% of its current market worth.
Oklahoma’s Insurance Impasse and Its Resolution
The vehicle insurance market in Oklahoma is regulated by the Oklahoma Insurance Department, which also handles customer complaints. You may register a complaint with your auto insurer if you’re having trouble getting your issues fixed.
Methods Quadrant Information Services gathered quotes from many Oklahoma insurance providers, which we evaluated to see which offered the greatest overall value. Calculating the national average for a 40-year-old woman with a spotless driving record, we find that insuring a brand-new Toyota RAV4 with the legally mandated minimums of liability insurance (known as 100/300/100) for bodily injury liability, collision damage, and property damage costs about $1,500 annually. Insurance against all hazards, with a deductible of $500, is included in the monthly premium as well.
Rates from Allstate, Farmers, Geico, Hallmark, Home State, Mercury, Oklahoma Farm Bureau, Oklahoma Farmers Union, Progressive, Safe Auto, Shelter, State Farm, and USAA were averaged to determine statewide trends in Oklahoma.