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Average cost of car insurance in Oklahoma for 2022

Updated Oct 01, 2022
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Car insurance is mandatory in Oklahoma, as it is in most states. But how much is car insurance in Oklahoma? Full coverage costs an average of $1,902 per year, which is 38 percent more than the national average of $1,383 per year.

Key Takeaways
  • Full coverage car insurance in Oklahoma is 38 percent more expensive than the national average, but minimum coverage in Oklahoma is 25 percent cheaper than it is nationally.
  • Geico offers the cheapest average full and minimum coverage premiums in Oklahoma, with average rates of $970 and $240, respectively.
  • Oklahoma car insurance rates also vary depending on your city, your age, your driving history and the type of car you drive.

How much does car insurance cost in Oklahoma?

The average cost of car insurance in Oklahoma is $408 per year for minimum coverage and $1,902 for full coverage, according to Bankrate’s 2022 study of quoted annual premiums from Quadrant Information Services. In comparison, the national average for car insurance annually is $545 for minimum coverage and $1,771 for full coverage. This price, however, is only an average because the cost of car insurance depends on more than just where you live.

Car insurance rates are different for everyone because insurance providers use specific factors to determine the cost. Your ZIP code, driving record, how safe or unsafe your neighborhood is, the type and age of your vehicle, your age and marital status, and the accident statistics in your region are some of the factors that may be taken into account to set car insurance premiums. Aside from that, prices also vary from one provider to another and differ greatly based on the kind of coverage and endorsements you choose. Your cost could be higher or lower than the national, state or city averages.

Oklahoma car insurance rates by city

The city you live in also plays a large role in your car insurance premiums. Larger cities tend to have higher premiums, since more vehicles on the road usually means a higher likelihood of accidents. Larger cities may also have higher costs of living, which can drive up claims costs. For example, drivers in Oklahoma City, the state’s largest city, pay an average of $2,059 per year for full coverage, but drivers in smaller Bartlesville pay $1,673 per year, on average, for the same coverage.

Minimum coverage rates follow a similar pattern, with drivers in Tulsa, the state’s second-biggest city, paying an average of $484 per year compared to drivers in Enid, the ninth-biggest city, who pay $336 per year on average.

Oklahoma city Average annual minimum coverage premium Average annual full coverage premium
Bartlesville $352 $1,673
Broken Arrow $468 $1,973
Edmond $438 $1,896
Enid $336 $1,713
Lawton $374 $1,763
Norman $425 $1,885
Oklahoma City $478 $2,059
Owasso $411 $1,806
Stillwater $363 $1,751
Tulsa $484 $2,069

Oklahoma car insurance rates by company

Even the best car insurance companies in Oklahoma will have different rates based on their own unique rating algorithms, and each company’s rates will vary between states based on the unique risks associated with each geographic location. When shopping for car insurance, many experts recommend comparing quotes from several insurers. Below are average rates from 10 of the largest Oklahoma car insurance companies by market share. Rates vary widely. The difference between the lowest average full coverage rate (Geico) and the highest (Safe Auto) is 178 percent.

Car insurance company Average annual premium for minimum coverage Average annual premium for full coverage
Allstate $469 $2,604
American Farmers & Ranchers Mutual $278 $1,413
Farmers $395 $1,327
Geico $240 $970
Mercury $298 $1,369
Oklahoma Farm Bureau $504 $2,093
Progressive $454 $1,834
Safe Auto $649 $2,701
Shelter $598 $2,589
State Farm $271 $1,490

Oklahoma car insurance rates by age

One of the biggest factors which affects car insurance rates in most states is age. Teen drivers are statistically more likely to get into accidents, which means that car insurance companies typically charge higher rates to compensate for the risk. We’ve analyzed average Oklahoma car insurance rates for a variety of driver ages. These rates are for drivers with a clean driving record. We showcase rates for drivers on their parents’ policy and on their own policy to illustrate the difference in premium; it’s generally cheaper to keep a child listed on their parents’ policy until the child moves out and has established their own household.

Average cost of car insurance for drivers on their parent's policy

It’s typical to add young drivers onto their parents’ policy when they first start driving. Being on a parent’s policy may allow young drivers to benefit from discounts they wouldn’t otherwise qualify for, like multi-car for the other household vehicles and multi-policy savings from their parents’ other insurance products. Generally, as drivers age and gain experience on the road, rates go down.

Age Average annual premium for full coverage in Oklahoma
Age 16* $3,968
Age 17 $3,636
Age 18 $3,398
Age 19 $3,059
Age 20 $2,859

Average cost of car insurance for drivers on their own policy

Children under the age of 18 are not legal adults and generally cannot have their own car insurance policy. Even for children 18 and older, it’s generally cheaper to keep the child listed on their parents’ policy until the child has moved out — in Oklahoma, it’s nearly $1,700 more, on average, for an 18-year-old to have their own policy versus being on their parents’ policy. Rates usually continue to decrease with age, as long as you keep a clean driving record.
Age Average annual premium for full coverage in Oklahoma
Age 18 $5,664
Age 25 $2,313
Age 30 $2,041
Age 40 $1,902
Age 60 $1,688

Oklahoma car insurance rates by driving record

Your driving history is one of the most important factors considered by the provider when determining your annual cost, and if you have a clean driving record, your chances of getting a lower price are higher. When there are incidents on your record, insurers typically see you as a risky customer and your annual premiums are more likely to rise. The following table shows average annual premiums in Oklahoma after a variety of traffic incidents. However, minimum rates are not presented. This is because some insurance companies may have lower limits on the amount of coverage they will sell to especially risky drivers.

Driving incident Average annual full coverage premium in Oklahoma % increase of average annual premium
Speeding ticket $2,242 18%
Accident $2,574 35%
DUI $2,833 49%

Oklahoma car insurance rates by vehicle type

The type of car you drive also heavily impacts your premium. Vehicles that are statistically more likely to be involved in accidents may have higher rates for liability coverage, while vehicles that are more expensive to fix will likely cost more to insure for comprehensive and collision. A BMW 330i, for example, costs $623 more to insure for full coverage than a Honda Odyssey, likely due the fact that the BMW would tend to cost more to repair after an accident. We chose a range of various vehicle types to research for average rates, to help you get a sense of what different vehicles might cost to insure.
Vehicle type Average annual full coverage premium
BMW-330i $2,335
Ford-150 $1,648
Honda Odyssey $1,712
Toyota Prius $2,073

How to save on car insurance in Oklahoma

Even though car insurance in Oklahoma isn’t the cheapest, you may still be able to lower your premium. Here are some tips to help you find a lower rate:

  • Maintain a clean driving record: Drivers with no incidents on their record are favorable to insurance providers because they are a lower risk than drivers with a history of incidents.
  • Use available discounts: Most insurers offer at least a few discounts, and if you qualify for any of them, you might see significant savings on your car insurance policy. Common discounts include multi-policy, paperless and paid-in-full.
  • Choose an affordable provider: Each car insurance company has its own pricing model, which means rates will vary for even the same coverage. Shopping around could help you find a competitive premium.
  • Park in a protected area: Some insurers offer a discount if you park in a garage or carport, and this could be especially important in Oklahoma, where hail storms and strong winds are common and could cause damage to your vehicle.

Frequently asked questions

Methodology

Bankrate utilizes Quadrant Information Services to analyze 2022 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:

  • $100,000 bodily injury liability per person
  • $300,000 bodily injury liability per accident
  • $50,000 property damage liability per accident
  • $100,000 uninsured motorist bodily injury per person
  • $300,000 uninsured motorist bodily injury per accident
  • $500 collision deductible
  • $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our base profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.

These are sample rates and should only be used for comparative purposes.

Age: Rates were calculated by evaluating our base profile with the ages 18-60 (base: 40 years) applied.

Incident: Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), at-fault accident, single speeding ticket, single DUI conviction and lapse in coverage.

Written by
Cate Deventer
Insurance Writer & Editor
Cate Deventer is a writer, editor and insurance professional with over a decade of experience in the insurance industry as a licensed insurance agent.
Edited by Insurance Editor