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The average cost of car insurance in Tulsa is $2,069 for full coverage annually, or about $172 per month, while minimum coverage averages $484 a year. These rates are above the national average cost of insurance, at $1,771 per year for full and $545 a year for minimum coverage. The higher auto insurance rates in Tulsa may be attributed to factors like the higher population density in the Tulsa area, which can increase the likelihood of a costly claim. Despite this, drivers can still find cheap car insurance companies in Tulsa that offer a variety of coverage options and perks.
The cheapest car insurance company in Tulsa, Oklahoma, is Geico, according to Bankrate’s 2022 study of quoted annual premiums. Finding the best car insurance companies in Oklahoma for Tulsa drivers involves looking beyond which insurer offers the cheapest rates. Insurance agents recommend reviewing several insurance providers and selecting coverage that offers you the right financial protection for your needs.
Best cheap car insurance companies in Tulsa
We found the cheapest car insurance companies in Tulsa were Geico, USAA, State Farm, Farm Bureau and Allstate, based on premium data from Quadrant Information Services. In addition to finding these cheap car insurance companies in Tulsa, Bankrate reviewed several other factors to determine how the companies compare based on other attributes that affect policyholders. Coverage options, discounts and third-party ratings, such as the 2022 J.D. Power Customer Satisfaction survey and AM Best ratings for financial strength, all contributed to our study. Each factor also affects the insurer’s Bankrate Score, which is out of a possible five points and may help you compare insurers at a glance.
Regarding car insurance, Tulsa drivers pay higher rates on average, so it’s important to find as many options as possible to figure out which of the best car insurance companies may be the right fit.
|Insurance company||Bankrate Score||
J.D. Power score
|Average annual premium for full coverage||Average annual premium for minimum coverage|
*Not officially ranked with J.D. Power due to eligibility restrictions
Geico has the cheapest rates for car insurance in Tulsa, both for full and minimum coverage options, according to our analysis of premium data. Not only does Geico offer competitive rates for the area, but drivers may appreciate its large number of discounts available. Discounts include those for having vehicle safety equipment and for seat belt use, plus savings for completing approved defensive driving courses. Geico also scores above average in the 2022 J.D. Power customer satisfaction survey and received an A++ (Superior) rating from AM Best, which reflects how well the company has historically satisfied claim obligations.
Learn more: Geico Insurance review
USAA ranks second among the providers for the cheapest car insurance rates in Tulsa for both full and minimum coverage. USAA earns a top Bankrate score of 5.0 because of its numerous coverage options and discounts, plus the A++ (Superior) AM Best rating and high marks from J.D. Power for customer satisfaction. While USAA earns impressive ratings, it is only available to current and former military members and their immediate family members. The eligibility requirements may restrict some drivers from purchasing a policy through USAA, but those who qualify may find this is one of the best car insurance companies in Tulsa.
Learn more: USAA Insurance review
State Farm ranks third among the providers on the list, based on its rates, as one of the cheapest car insurance companies in Tulsa. It also stands out for its scores from J.D. Power, receiving an above-average score for eligible insurers in the Central region. State Farm offers many advantages to policyholders, including a large agent network of local agents, a highly-rated mobile app, a comprehensive online portal and accessible customer service. State Farm offers discounts and policy customization options, such as roadside assistance. Although it does not offer as many discounts as other providers on the list, the multi-car and Steer Clear programs are two examples of additional ways to save with State Farm.
Learn more: State Farm Insurance review
Oklahoma Farm Bureau offers a wide array of auto insurance coverage options and discounts. Coverage options include the standard selection offered among insurers, plus specialized choices like roadside assistance and additional transportation services (similar to rental car reimbursement). Discounts are available for customer loyalty and policy bundling, as well as savings on premiums for taking an approved defensive driving course. Although full and minimum coverage options are available, some policyholders may be disappointed in the lack of a mobile app for complete policy management. However, you can request a quote online, which is a helpful web feature.
Learn more: Farm Bureau Insurance review
Allstate ranks fifth on the list of cheapest car insurance companies but offers a range of specialized policy features. Allstate may be a great option for drivers wanting more policy coverage, like roadside assistance and custom equipment coverage. The discounts are plentiful, which helps offset Allstate’s rates, allowing drivers to save by signing up for the DriveWise program or earning good grades in school. While Allstate is comparatively more expensive than other providers on our list, its mobile app is highly-rated and allows for complete policy management (including updating coverages and policies at your fingertips).
Learn more: Allstate Insurance review
How to get and keep the cheapest car insurance in Tulsa
Finding the best car insurance in Tulsa is one aspect for budget-conscious drivers, but keeping the cheapest rates with the right coverage is another endeavor. Keep these tips in mind when researching ways to secure and save on the right policy.
- Shop multiple providers. When shopping for car insurance, one of the best methods is to compare multiple providers. Rates can vary from one company to another, even though it’s based on the same personal information you provide. By comparing several quotes, you can see which company offers the best and most affordable rates.
- Maintain a clean driving record. Maintaining a driving record free of accidents and moving violations keeps you safer on the road and helps you save money. Drivers with clean driving records typically receive the lowest rate quotes from providers. It may also qualify you for additional savings, such as discounts for safe drivers or an accident-free discount.
Frequently asked questions
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 coverage that meets each state’s requirements. Our base profile drivers own a 2020 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.
Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. We know it is important for drivers to be confident their financial protection covers the likeliest risks, is priced competitively and is provided by a financially-sound company with a history of positive customer support.
To determine how well the best car insurance companies satisfy these priorities, third-party agency ratings from J.D. Power, AM Best, S&P, NAIC, and Moodys had the most impact on the companies’ Bankrate Scores. As price is a common consideration for drivers, we analyzed quoted premiums based on 40-year-old male and female drivers with a 2019 Toyota Camry. This profile, assessed across more than 35,000 ZIP codes in the U.S., provided a basis on which drivers may compare each provider.
While coverage options, insurer availability, affordability and customer experience are often the top priorities, Bankrate also analyzed each insurer’s online and mobile resources for policy management and claims handling. Insurance is rapidly evolving to keep pace with our digital world, so these aspects also carried weight in determining Bankrate Scores.