Cheapest Car Insurance Quotes In Broken Arrow, OK For 2024

State Farm is the most affordable option in Broken Arrow, with an average rate of $23 per month.

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Updated: 29 March 2024
Written by
Bob Phillips
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When searching for the most affordable car insurance in Broken Arrow, Oklahoma, options can vary significantly, but one company stands out for its competitive rates: State Farm. On average, residents can obtain car insurance for about $23 per month, significantly lower than the state’s average of $120.

For those interested in the most economical liability-only coverage, State Farm emerges as the top choice. Meanwhile, drivers seeking more comprehensive protection find that State Farm offers the best rates for full coverage policies, priced at $56 a month. Additionally, State Farm provides the cheapest rates for young drivers, starting at $134 per month.

Cheapest Car Insurance Companies In Broken Arrow, OK

Cheapest Car Insurance, Broken Arrow, OK

Our Methodology

Based on a thorough analysis covering customer service ratings, product offerings, pricing, and a detailed review of various online platforms and user feedback, I've developed a comprehensive understanding of the car insurance provider landscape in Broken Arrow, Oklahoma. This perspective is informed by over 15 years of direct involvement in the industry as a licensed insurance agent. It's refined through numerous interactions with representatives from different companies and insights gained from firsthand experience.

65

Quotes Analyzed

15+

Years Of Industry Experience

22

Brands Reviewed

35+

Research Hours

How Much Is Car Insurance In Broken Arrow, OK?

State Farm provides the most affordable car insurance in Broken Arrow, Oklahoma, with coverage available for $128 per month.

As illustrated in the table below, its rates are notably lower than the average rate in both the State of Oklahoma and the United States as a whole:

Area Average Monthly Rate
National $152
Oklahoma $120
Broken Arrow, OK $128

It’s important to note that the average national cost encompasses both high-cost states, like New York, New Jersey, and California, as well as low-cost states such as Mississippi, Kentucky, and Wyoming. Rates vary by location due to various factors, including vehicle type, coverage amount, zip code, driving record, and more.

Cheapest Car Insurance Rates In Broken Arrow For Minimum Coverage

State Farm offers the most affordable car insurance for minimum coverage in Broken Arrow, with an average monthly cost of $23.

Provider Average Monthly Cost Average Annual Cost
State Farm $23 $274
Farmers $42 $500
Mercury $43 $514
GEICO $48 $574
Allstate $49 $581

A minimum car insurance policy should include at least the following coverages:

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

Having minimum car insurance offers some protection while driving, but it doesn’t include collision or comprehensive insurance. This means damages to your own vehicle in accidents or incidents like theft and natural disasters won’t be covered.

Driving without insurance is illegal in Oklahoma. If you can’t show proof of insurance during a traffic stop, you could face penalties ranging from fines to license suspension or worse.

Cheapest Car Insurance Rates In Broken Arrow For Full Coverage

State Farm provides the most budget-friendly car insurance rates for full coverage in Broken Arrow, with quotes averaging $56 a month.

Provider Average Monthly Cost Average Annual Cost
State Farm $56 $670
GEICO $95 $1,141
Farmers $103 $1,238
Shelter $110 $1,314
Farm Bureau $111 $1,326

Full coverage car insurance offers comprehensive protection that extends beyond the basic coverage required by law. This insurance typically combines comprehensive and collision coverages.

Comprehensive coverage protects against non-collision incidents such as theft, vandalism, or natural disasters, while collision coverage provides financial protection for vehicle damages resulting from accidents, regardless of fault.

Cheapest Car Insurance Rates In Broken Arrow For Seniors

State Farm offers the most affordable car insurance rates for seniors in Broken Arrow, with average quotes at $50 per month.

Provider Average Monthly Cost Average Annual Cost
State Farm $50 $598
GEICO $92 $1,095
Progressive $93 $1,107
Mercury $101 $1,213
Farm Bureau $104 $1,249

In Oklahoma, numerous seniors may discover favorable car insurance rates, influenced by several advantageous factors. While age often plays a role in determining insurance rates, with older age sometimes linked to reduced driving ability, this stereotype doesn’t apply universally.

Cheapest Car Insurance Rates In Broken Arrow For Teenagers

Teenage drivers in Broken Arrow can secure the most affordable quotes from Allstate, with average monthly premiums of $168.

Provider Average Monthly Cost Average Annual Cost
State Farm $172 $2,057
GEICO $223 $2,675
Farmers $234 $2,806
Progressive $178 $2,139
Allstate $168 $2,016

Teenage drivers typically encounter the highest car insurance premiums, primarily due to their lack of experience behind the wheel. Insurance providers categorize these young motorists as a high-risk group because they are statistically more likely to be involved in accidents and commit traffic infractions.

Cheapest Car Insurance Rates In Broken Arrow For Young Adults

For young adults in Broken Arrow, State Farm provides the most affordable car insurance quotes, with rates averaging around $135 per month.

Provider Average Monthly Cost Average Annual Cost
State Farm $135 $1,612
GEICO $187 $2,236
Farmers $195 $2,341
Allstate $144 $1,729
Progressive $187 $2,244

In Oklahoma, young adult drivers generally enjoy lower car insurance rates compared to their teenage counterparts. This difference in pricing is attributed to the maturation of driving habits and a corresponding decrease in risk-taking behaviors as drivers age.

Statistically, young adults are less inclined to file claims with insurance companies, reflecting a reduction in accident involvement. As a result, insurers adjust premiums downward, acknowledging the improved safety records and decreased likelihood of claims from these more experienced drivers.

Cheapest Car Insurance Rates In Broken Arrow For Good Drivers

Good drivers in Broken Arrow can find the most affordable car insurance quotes from State Farm, with rates averaging around $23 per month.

Provider Average Monthly Cost Average Annual Cost
State Farm $23 $274
Farmers $42 $500
Mercury $43 $514
GEICO $48 $574
Allstate $49 $581

Drivers with clean driving records in Broken Arrow typically receive lower car insurance rates because they’re perceived as lower risk. Insurance companies use driving records to assess how safely someone drives. Fewer incidents, such as accidents or traffic violations, indicate cautious driving behavior and a reduced likelihood of filing a claim.

Since insurers base their rates on the likelihood of a driver making a claim, a spotless driving record can lead to significant savings on premiums. It’s all about risk assessment – the cleaner the record, the lower the perceived risk, and therefore, the lower the insurance cost.

Cheapest Car Insurance Rates In Broken Arrow For Drivers With Prior Incidents

In Broken Arrow, drivers with records of traffic violations, including accidents, speeding, or DUIs, often encounter challenges in obtaining affordable car insurance. Such driving infractions lead insurance companies to classify them as high-risk, indicating a higher likelihood of filing future insurance claims.

As a result, insurance providers increase their rates for these individuals to offset the risk of facing higher claim payouts.

Cheapest Car Insurance Rates In Broken Arrow For Drivers With A Speeding Ticket

State Farm offers very competitive rates compared to other companies, with average rates of $113 per month.

Provider Average Monthly Cost Average Annual Cost
Progressive $190 $2,278
Farm Bureau $193 $2,314
Allstate $234 $2,806
State Farm $113 $1,354
Shelter $186 $2,230

Cheapest Car Insurance Rates In Broken Arrow For Drivers With An At-Fault Accident

State Farm provides the most affordable car insurance quotes for drivers with an at-fault incident, with an average rate of $120 per month.

Provider Average Monthly Cost Average Annual Cost
Progressive $237 $2,842
Allstate $294 $3,526
Geico $358 $4,294
State Farm $120 $1,438
Shelter $203 $2,434

Cheapest Car Insurance Rates In Broken Arrow For Drivers After A DUI

Progressive is the company offering the most affordable rates for drivers after a DUI incident in Broken Arrow. They provide average monthly premiums of $188.

Provider Average Monthly Cost Average Annual Cost
Progressive $188 $2,319
Allstate $269 $3,286
Farm Bureau $319 $3,623
Geico $337 $4,042
Farmers $370 $4,438

Best Car Insurance Companies In Broken Arrow

When selecting a car insurance company in Broken Arrow, it’s essential to balance affordable rates with reliable protection on the road. Below are the top 10 car insurance companies in Broken Arrow, OK, ranked by the average monthly rate they offer:

Company Monthly Premium
Safeco $136
Allstate $168
Shelter $182
Farmers $193
Clearcover $64
State Farm $117
Oklahoma Farmers Union $147
Mercury $172
SafeAuto $189
USAA $102

Average Car Insurance Rates By Age In Broken Arrow

Age Average Yearly Rate
Teenagers $3,528
20s $2,074
30s $1,512
40s $1,344
50s $1,272
60s $1,284
70s $1,344

Age plays a crucial role in determining car insurance rates. Typically, younger drivers, especially teenagers and young adults, encounter higher insurance premiums due to their lack of experience behind the wheel. As drivers approach the age of 25, their rates usually begin to decrease, assuming they maintain a clean driving record.

The most favorable insurance rates are often enjoyed by drivers in their 50s and early 60s. Insurance companies utilize age as a metric to assess driving experience and risk potential, thereby influencing the cost of premiums accordingly.

Average Car Insurance Rates By Vehicle Type In Broken Arrow

Vehicle Average Monthly Rate
Honda Cr-V $98
Toyota Corolla $94
Ford Taurus $224
Chevrolet Equinox $179
Nissan Rogue $181

The type of vehicle you drive significantly influences your car insurance costs. Insurance companies take into account factors such as the make, model, year, and body type of the car. Typically, newer vehicles, especially luxury models with advanced technology and higher replacement costs, tend to have higher insurance rates.

Conversely, older cars or those less expensive to repair or replace may attract lower premiums. Insurers consider these aspects because they directly impact the potential cost of claims – for instance, repairs for a high-end car are generally more costly than for a standard vehicle. Additionally, certain car models known for safety may qualify for lower insurance rates due to a reduced risk of accidents and injuries.

How Much Is Car Insurance For Other Cities In Oklahoma?

City Average Monthly Rate
Enid $101
Lawton $114
Muskogee $106
Norman $130
Ardmore $109
Bartlesville $104
Broken Arrow $120
Claremore $112
Duncan $96
Edmond $132

The city where you live has a significant impact on your car insurance rates. Insurance companies consider various factors related to your location, such as the likelihood of accidents, vehicle theft, and vandalism rates, which are typically higher in urban areas. This heightened risk often results in higher premiums.

FAQs

Who has the lowest car insurance rates in Broken Arrow?

State Farm offers the lowest car insurance rates in Broken Arrow for both the minimum coverage required by the State of Oklahoma and for full coverage, which includes comprehensive and collision coverage.

What is the average cost of car insurance in Broken Arrow?

The average cost of car insurance in Broken Arrow is approximately $120 per month. However, rates can vary depending on factors such as your zip code, the year and model of your car, your driving record, and other relevant considerations.

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