As the second-largest city in Oklahoma, Tulsa largely contributes to the 2.5 million licensed drivers in the state. With over 400,000 residents, Tulsa is densely populated and rapidly growing, not only resulting in longer than average commute time but also a high road accident index. In 2019 alone, the Oklahoma Highway Safety Office reported 1,459 car accidents, 38 of which resulted in fatalities. The vehicle insurance laws in the state mandate car owners to have minimum liability coverage to be able to legally drive. Without adequate insurance, you are not only taking a financial risk but also putting yourself in danger of penalties and license suspension.
Compared to average car insurance rates in Oklahoma, Tulsa drivers pay higher premiums at $555 per year for minimum coverage and $2,108 per year for full coverage. Depending on a number of factors, these rates can be steeper or lower for each person.
When researching providers, you will likely want to consider which companies offer the best quotes for the coverage you need. Bankrate compared several providers in the city based on average premiums and trusted third-party customer satisfaction ratings to showcase Tulsa’s best auto insurers this year.
Best car insurance companies in Tulsa
The following insurers stand out in the crowded auto insurance market with their competitive rates, customer service and high industry ranking in the Oklahoma region.
|Insurance company||J.D. Power score (Southwest region)||Average annual premium for minimum coverage||Average annual premium for full coverage|
|Allstate||830 / 1000||$618||$2,499|
|Farm Bureau||Not rated||$515||$2,122|
|Geico||834 / 1000||$339||$1,126|
|State Farm||826 / 1000||$481||$1,887|
|USAA||*876 / 1000||$390||$1,508|
*Due to membership restrictions, USAA is considered rank-ineligible by J.D. Power.
Allstate provides a diverse range of coverage options for Tulsa motorists, which means you can get more than just basic coverage for a reasonable price. Whether you want to insure your high-end luxury vehicle or have coverage as a rideshare driver, Allstate provides you with multiple ways to financially protect your ride. Although the annual premium is on the expensive side, the features and discounts offered may help balance out your monthly output. If you act early by signing off on your new Allstate policy at least a week ahead of your current policy’s expiration, you could qualify for an early signing discount.
Farm Bureau is available to everyone in Tulsa – not just farmers. An annual membership fee is required to participate in its auto coverage, but once you become a member, coverage options like additional transportation expenses become available. For example, if your vehicle has full coverage under Oklahoma Farm Bureau and becomes inoperable due to a covered loss, some necessary expenses associated with rental fees, dining and temporary living may be covered. When you join, you are usually assigned a local agent who will work directly with you, creating a personalized customer service experience. To help make your coverage more worthwhile, you could apply for one of Oklahoma Farm Bureau’s discounts such as the Driver Longevity Credit, which rewards insureds who have been with the company for at least one year.
Not only is Geico a leading insurance company in the country, it also offers the cheapest minimum and full coverage rates in Tulsa on average. Whether you need bare-bones coverage or a comprehensive policy, Geico has options for both. The Maryland-based company insures just about any type of vehicle you might own – from motorcycles to watercraft – and has a range of discounts available upon eligibility. Some of the discounts are for a new vehicle, defensive driving, multi-vehicle, bundling policies and being in public service. For drivers looking for additional incentive, Geico reports that new customers save an average of more than $500 with its auto insurance.
While unrated in the Southwest region, MetLife has been providing insurance since 1972 and is the 15th largest home and auto insurer in the nation. For Tulsa drivers looking to bundle policies, MetLife offers discounts for insuring multiple lines and reports average savings of $906 per year. There are a host of other protections to benefit from aside from basic coverage, including the company’s network for repairs and options for added identity theft protection. Certain occupations may even qualify for exclusive discounts up to 15% on premiums.
As the largest insurance provider in the country, State Farm not only has competitive pricing in Tulsa, but also discounts that may earn you up to 40% off your premiums. The Drive Safe and Save program allows drivers to potentially save up to 30%, but there are also savings for anti-theft systems, customer loyalty, being accident-free and more. State Farm ranked within the top five insurers for the Southwest region, where Oklahoma is located, as part of the 2020 J.D. Power Auto Insurance Study. And to make user-experience easier, it has high-tech online tools to simplify the process of buying a policy, filing claims and requesting assistance.
Whether you are part of the Air National Guard in Tulsa, or an active duty military or retired veteran, USAA may be one of the best choices for national service members. Offering the lowest premiums on average for qualifying members, USAA policyholders may receive unique considerations for their auto insurance in cases of deployment and storing a vehicle on base. As of 2021, there is also a new offering for safe driving savings where policyholders could earn up to 30% off at renewal based on tracked safe habits.
Cheapest car insurance in Tulsa
Car insurance is generally expensive in Tulsa and surrounding regions because of the heavy traffic and dense population. Compared to the national average of $1,674 annually for full coverage, Oklahoma pays $1,873 and Tulsa is the priciest at $2,108 for full coverage. However, many of the nation’s best providers offer the cheap car insurance policies well below the city average, making affordable coverage in Tulsa more attainable.
The following table indicates the cheapest car insurance providers in Tulsa by market share.
|Insurance company||Average annual premium for minimum coverage||Average annual premium for full coverage|
Geico and USAA quote the cheapest premiums on average for drivers in Tulsa, with rates ranging from $165-$216 less than the city average for minimum coverage. However, only active and retired members of the U.S. military may qualify for coverage with USAA. Of the five providers shown above, four have apps dedicated to safe-driving and related discounts, including USAA which launched its SafePilot program this year. While Mercury does not have a dedicated safe-driving app, it does offer savings for having a good driving record. Additionally, its RealDrive app allows motorists who drive less to potentially save more on their policies.
Each of these providers may offer coverage at below-average rates for Tulsa, but in order to choose the best company for you, you might want to consider how add-ons and discounts affect your final premium. If you are switching from another provider, be sure to include similar amounts of coverage if you are hoping for the same protections at a better price.
Tulsa insurance requirements
It is mandatory to have car insurance to be able to drive anywhere in Oklahoma. The minimum insurance coverage legally required is:
- Bodily Injury: $25,000 per person and $50,000 per accident
- Property Damage: $25,000 per accident
Keep in mind that the minimum coverage only protects you when you cause damage to someone else’s vehicle, property or person. To protect yourself and your vehicle against injury, you require more than the basic coverage. Besides dense traffic and a high index of road accidents, Tulsa also faces inclement weather for several months a year, and driving in rain, sleet or snow is often a safety concern. Full coverage auto insurance is strongly recommended to protect against unforeseen damage and financial loss.
Car insurance discounts in Tulsa
One of the best ways to lower the cost of the annual premium is to make use of discounts wherever available. In Tulsa, car owners can get discounts based on a number of factors, some of which are:
- Customer loyalty: If you stay with the same insurer for several years, you may be rewarded with discounts and price cuts.
- Good driver: Those with a clean driving record and no claims can get price cuts from some insurers in Tulsa.
- Policy bundling: When you buy your auto insurance and home or renters insurance policies from the same company, you often get bundling discounts.
- Safety features: The more safety features in your car (airbags, anti-lock brakes, daytime running lights) the cheaper it is to insure in Tulsa with certain insurance companies.
- Anti-theft devices: Dashboard camera, steering wheel lock, and car alarm are all devices that reduce and prevent chances of your car being stolen. As a result of the added protection, many providers offer discounts for having these featured installed.
Frequently asked questions
What is the best car insurance company?
The auto insurance market is crowded, and although there are plenty of companies to choose from, what works for one person may not work for another. Therefore, the best car insurance company for you will likely depend on your requirements, budget and extensive research into what is available in your city.
How much does car insurance in Tulsa cost?
Partly due to its high population density, Tulsa residents pay more on average for car insurance than other drivers in the state. For minimum coverage, drivers may expect to pay $555 annually, while full coverage averages $2,108 annually. Although these rates may be considered higher than average, car insurance in states like Louisiana and Florida have even less competitive rates. Your actual quoted rate will depend on several factors such as your age, driving record and coverage options.
How much car insurance do I need in Tulsa?
You are legally required to have basic liability coverage to be able to drive in Tulsa. The state minimum liability coverage requirements in Oklahoma is 25/50/25. However, collision or comprehensive coverage is strongly recommended to protect against theft, fire, flood and storm damage.
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.