Best cheap car insurance in Broken Arrow for 2021

1
DenisTangneyJr/Getty Images
Bankrate Logo

Why you can trust Bankrate

While we adhere to strict , this post may contain references to products from our partners. Here's an explanation for . This content is powered by HomeInsurance.com (NPN: 8781838). For more information, please see our

In 2019, there were 13,388 car accidents reported in Tulsa County, home to Broken Arrow, Oklahoma. To protect yourself in the event of an at-fault accident, every driver in Broken Arrow is required to carry car insurance. The average cost of car insurance in Broken Arrow is $530 for a minimum coverage policy and $2,007 for a full coverage policy, according to Bankrate’s 2021 study of quoted annual premiums.

There are dozens of car insurance companies in Oklahoma that serve drivers in Broken Arrow. If you are in the market for car insurance, it can be difficult to determine which company is the best. We did some research to find the best car Insurance in Broken Arrow using criteria like price, coverage options, discounts and third-party ratings.

Best car insurance companies in Broken Arrow

Based on our comparison, the best car insurance companies in Broken Arrow are Geico, USAA, Progressive, Oklahoma Farm Bureau and Shelter. These companies offer comprehensive coverage, good overall customer satisfaction scores, excellent financial strength, reasonable rates and great discounts.

Insurance company J.D. Power score Average annual premium for minimum coverage Average annual premium for full coverage
Geico 855/1,000 $323 $1,039
USAA 905/1,000 $371 $1,440
Progressive 849/1,000 $497 $1,463
Oklahoma Farm Bureau 828/1,000 $554 $2,132
Shelter 855/1,000 $780 $2,732

*USAA is not eligible for official ranking with J.D. Power due to eligibility restrictions

Geico

Geico has some of the cheapest car insurance in Broken Arrow, so it is a popular choice for drivers who want to pay the lowest price possible. In addition to low rates, Geico also offers lots of generous discounts, including savings for military personnel, going on emergency deployment, federal employees and employee/membership groups. The only major downside to Geico is that its coverage options and endorsements are very limited compared to competitors.

Learn more: Geico Insurance review

USAA

In order to get car insurance from USAA, you must be an active duty or retired military servicemember (or a family member). USAA is widely considered to be one of the best car insurance companies on the market, with excellent customer service, affordable rates and good discounts. USAA offers discounts for good students, garaging your vehicle on base, taking a defensive driving course, being a legacy customer, driving under a certain number of miles each year and many others.

Learn more: USAA Insurance review

Progressive

Progressive is one of the largest car insurance providers, and it is a great option for drivers in Broken Arrow who are buying insurance for the first time. You can use Progressive’s Name Your Price Tool to build a policy within your budget, and compare Progressive’s rates to competitors right on its website. Additionally, Progresive offers an impressive list of discounts, including its signature telematics-based Snapshot safe driver rewards program.

Learn more: Progressive Insurance review

Oklahoma Farm Bureau

Broken Arrow residents who have an Oklahoma Farm Bureau membership can purchase car insurance through Farm Bureau Insurance, which is one of the most reputable providers. Farm Bureau is known for its exceptional customer service and competitive rates. The coverage options are limited, but the company does offer a handful of discounts and several payment schedules. Plus, Farm Bureau members can take advantage of various non-insurance perks.

Learn more: Farm Bureau Insurance review

Shelter

Shelter is a more expensive car insurance company, but it is one of the best in Broken Arrow. Shelter is rated above average for overall customer satisfaction by J.D. Power, and it offers a variety of discounts and unique coverage options. Drivers can customize their policy by purchasing endorsements, like accidental death coverage, disability income coverage, gap insurance, new car replacement coverage and more.

Learn more: Shelter Insurance review

Cheapest car insurance in Broken Arrow

The average cost of car insurance in Broken Arrow is $2,007 per year for a full coverage policy which is more expensive than the average rate in Oklahoma, which is $1,873 per year for a full coverage policy. Additionally, Broken Arrow drivers pay higher rates for car insurance than the average American. The average rate in the U.S. is $1,674 per year for a full coverage policy.

Every driver in Broken Arrow will pay a different rate for car insurance based on factors like age and credit score. Before you purchase a policy, it is a good idea to get multiple quotes for the type and amount of coverage you need to see which provider can offer the lowest rate.

For the sake of comparison, we received sample quotes and included the cheapest average annual car insurance rates in Broken Arrow from the most popular carriers based on market share in the table below:

Insurance company Average annual premium for minimum coverage Average annual premium for full coverage
Geico $323 $1,039
USAA $371 $1,440
Farmers $390 $1,262
State Farm $481 $1,796
Progressive $497 $1,463

As you can see, cheap car insurance companies charge very different rates for coverage. Geico has the cheapest car insurance in Broken Arrow, followed by Farmers. State Farm has the most expensive premium for a full coverage policy, and Progressive has the most expensive premium for a minimum coverage policy.

Besides price, these providers also vary in terms of their coverage options. For instance, Geico, State Farm and USAA have fairly limited policy options, so if you want to personalize a policy with endorsements, Progressive or Farmers will be your best options.

All of these providers offer great discounts, but the savings available are different. For example, Geico is the only provider that has a discount for drivers in the military who go on emergency deployment, and Farmers is the only provider that offers savings for retirees.

Broken Arrow insurance requirements

Car insurance in Broken Arrow is a legal requirement if you own a vehicle that is registered in the state of Oklahoma. The minimum amount of car insurance is 25/50/25, which includes the following personal liability coverages:

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

Drivers who want the cheapest car insurance in Oklahoma should not focus on the least amount of coverage to get the best rate. There is no guarantee that minimum coverage insurance in Oklahoma will cover the full cost of an at-fault accident, which means you could pay out of pocket for any losses that your policy will not cover.

Additionally, keep in mind that most drivers who lease or finance their vehicle are required to carry a full coverage policy until their loan is paid off.

Car insurance discounts in Broken Arrow

Most Broken Arrow car insurance companies offer discounts to help drivers save money on their policy. Here are some of the most common ones that you may be able to take advantage of:

  • Good student discount: Young drivers in high school and college may qualify for a lower rate if they maintain a minimum GPA in school.
  • Defensive driving course discount: Drivers who complete an approved defensive driving course or other type of safe driving course may be able to save some money on their car insurance.
  • Pay in full discount: Drivers who choose to pay their annual premium upfront and in one lump sum may get a slightly lower premium rate.
  • Multi-policy discount: One of the simplest ways to save money on car insurance is to insure your vehicle and your home with the same company.

Frequently asked questions

What is the best car insurance company?

The best car insurance company is different for every driver. However, some of the ones that Bankrate recommends are Amica, USAA, State Farm, MetLife and Geico.

How much car insurance do I need in Broken Arrow?

In Broken Arrow, drivers are required to carry at least 25/50/25 in personal liability coverage. But keep in mind that most insurance companies encourage drivers to purchase more coverage than what is required for added protection.

Methodology

Bankrate utilizes Quadrant Information Services to analyze 2021 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.

Written by
Elizabeth Rivelli
Insurance Contributor
Elizabeth has two years of experience writing for insurance domains such as Bankrate.com, The Simple Dollar, Coverage.com and NextAdvisor, among others. In addition to auto insurance, Elizabeth regularly writes about home insurance, renters insurance and life insurance. She also covers industry trends and general insurance education.
Edited by
Insurance Editor