How Much Is Car Insurance In Oklahoma?

Oklahoma is famous for its natural landscapes, western heritage, and delicious food. The state is also known for frequent tornadoes, which contribute to higher car insurance costs in the state. The average annual price for full coverage car insurance in Oklahoma is $2,753, which is above the national average of $2,629. On the other hand, the average cost for minimum coverage is $546 per year, lower than the national average of $742.

In this article, we’ll discuss the various types of car insurance available in Oklahoma, their costs, and the factors that affect these prices, such as your age, location, coverage choices, and more. With over 12 years of experience as a licensed insurance agent, I’m here to assist you in making a well-informed decision.

Cost Of Car Insurance In Oklahoma By Age

Age is a key factor that insurance companies look at when setting car insurance prices in Oklahoma because younger drivers have less experience on the road. For example, teen drivers in Oklahoma pay $8,939 for car insurance. Drivers under 25 usually face the highest insurance rates. After 60, rates start to go up again.

Below is a table showing the average car insurance costs by age:

Average Oklahoma Auto Insurance Rates By Insurance Company

Several factors can impact car insurance rates in Oklahoma, including driving record, age, credit history and more. Each insurance provider has a different criteria to measure these factors. This is why every insurance provider sets a different rate for car insurance in Oklahoma.

The top car insurance providers in Oklahoma include State Farm, Geico, Allstate, and Progressive, to name a few.

Below is a table showing the average auto insurance rates from six major providers in Oklahoma:

Average Oklahoma Car Insurance Premiums By Credit Score

Insurance companies use a credit-based score to set premiums. Research shows that this score helps predict insurance losses more accurately. In fact, most insurers now factor in credit scores when determining auto insurance costs. Drivers with poor credit pay 114% more than those with excellent credit in Oklahoma.

Below is a table showing the average car insurance premiums based on different credit score categories in Oklahoma.

Average Car Insurance Costs In Oklahoma By Gender

In Oklahoma, just like in other states, male drivers are considered more risky, and face higher premiums than female drivers. However, there is a slight difference in rates.

Here’s a table showing the average car insurance costs by gender in Oklahoma:

Cost Of Oklahoma Car Insurance By Driver Record

In Oklahoma, your driving history plays a big role in your car insurance costs. If you have a clean record with no accidents or tickets, you’ll usually pay less for insurance because you’re seen as a safer driver. However, if you have speeding tickets, accidents, or other violations, your rates will likely go up.

Insurance companies consider drivers with bad records to be higher risk, which leads to higher premiums. Keeping a good driving record can help you save money on car insurance in Oklahoma.

Here is a table displaying average car insurance costs based on different driving records in Oklahoma:

Average Oklahoma Auto Insurance Costs By Marital Status

In Oklahoma, marital status can influence car insurance rates, often to the advantage of married people. Married drivers usually pay less for insurance than single drivers. Insurance companies view married individuals as more stable and less likely to take risks on the road. Studies also show that married people tend to file fewer claims compared to single, divorced, or widowed drivers.

Here is a table displaying average car insurance costs by marital status in Oklahoma:

Cost Of Car Insurance In Oklahoma By Coverage Type

The cost of car insurance in Oklahoma depends on the type of coverage you choose. Liability-only coverage is the least expensive option. The more coverage you choose, the more you’ll pay for car insurance.

For example, the minimum coverage requirement in Oklahoma is $25,000 for bodily injury to one person, $50,000 for bodily injury to more than one person, and $25,000 for property damage. If you choose to get beyond this coverage, you’ll pay more.

Here is a table displaying average car insurance costs by coverage type in Oklahoma:

Average Oklahoma Car Insurance Rates By City

Where you live in Oklahoma can affect your rates, just like in other places. Insurance companies look at multiple factors when calculating car insurance rates, such as your location to assess the risk of accidents, theft, and vandalism. For example, areas with more traffic, like cities, have a higher chance of accidents, so insurance costs are usually higher.

Insurance companies also consider the weather in your area when setting rates. Since Oklahoma is in tornado alley, where severe weather is common, your location plays a big role in determining your insurance costs.

In the following table, we explore the average car insurance costs in eight different Oklahoma cities to illustrate these differences.

Average Oklahoma Car Insurance Rates By ZIP Code

Car insurance rates in Oklahoma can vary widely depending on the zip code you live in. Different areas have different risks associated with them, such as traffic density, accident rates, crime rates, and even the risk of natural disasters, which all influence insurance premiums.

The table below shows the average car insurance rates in various Oklahoma zip codes, highlighting how rates vary depending on the location.

Oklahoma Car Insurance Prices Compared To Other U.S. States

Knowing the average rates in other states can help you determine if you’re paying too much for car insurance. If you see lower rates elsewhere, it may motivate you to shop around for better deals or adjust your coverage.

In the following table, we provide you with a comprehensive comparison of average car insurance rates across all U.S. states, providing a clearer picture of how Oklahoma fares on the national stage.