Based on an analysis of reported yearly premiums by Bankrate, the typical cost of full coverage auto insurance in Oklahoma is $1,873. Oklahoma motorists may be on the lookout for the most affordable auto insurance policy possible. While getting affordable vehicle insurance is important, it may be wise to look at other aspects, including the coverage options and discounts offered by different insurers and their reputation as determined by independent rating agencies. The top insurance providers in Oklahoma include USAA, State Farm, Geico, Progressive, and Farmers.
USAA was considered because of offers affordable rates and high customer satisfaction. Discounts and inexpensive costs at Geico prompted its inclusion. Farmers and Progressive were selected due to their extensive coverage options, while State Farm was included due to their excellent customer service.
Oklahoma State’s Bargain Minimum Auto Liability Coverage
The state of Oklahoma requires all licenced drivers to carry liability insurance, but if you’re seeking the lowest auto insurance possible you may want to consider only carrying the bare minimum. After researching several insurance providers in the state of Oklahoma, MoneyGeek determined the following to have the most affordable basic coverage policies:
Annual premium for GEICO: $376
State Farm: $462 yearly
If you or a family member are now or formerly serving in the United States Armed Forces, you may be eligible for USAA coverage at a discounted premium of $350 per year on average. The Oklahoma Farm Bureau has the priciest auto insurance in the state, with yearly premiums of almost $750 for the bare minimum of coverage.
Oklahoma’s Lowest Rates on Comprehensive Auto Insurance
In Oklahoma, the cost of a full coverage policy is greater, but it also includes higher liability limits and protection from losses not covered by liability. You will be safe from most accidents, both on and off the road. It also includes protection for your car in the event of an accident. Find the most affordable vehicle insurance policy by comparing quotes from many providers. The most cost-effective full-coverage auto insurance policies in Oklahoma often include:
Price of auto insurance from GEICO: $726 annually
Agriculturalists may expect to make $943 yearly.
As a member of the military, your family may purchase insurance through USAA for a low annual premium of about $776. The average yearly premium for full-coverage auto insurance in Oklahoma is $1,397 to the Farm Bureau.
Best Rates for Young Drivers’ Auto Insurance in Oklahoma
Young drivers present a greater risk to insurers due to their lack of expertise on the road. For this reason, teenage drivers in Oklahoma face exceptionally expensive auto insurance premiums. Auto insurance costs $2,346 annually for a 16-year-old driver in Oklahoma, while a 25-year-old pays only $1,070. Allstate offers the lowest rates for drivers between the ages of 16 and 18.
But for young drivers in Oklahoma, GEICO offers the best rates. Auto insurance might be more expensive for younger drivers. For instance, in Oklahoma, a 16-year-old driver with Allstate will pay around $2,030 annually, which is $1,238 more than a 25-year-old driver with GEICO will pay.
There are ways for young drivers to lower their vehicle insurance premiums, such as by maintaining a B average in school, being added to their parent’s policy, or completing a defensive driving course.