Best Homeowners Insurance in Oklahoma For 2024

If you make your home in Oklahoma, you probably know about its weather and climate, which ranges from humid subtropical in the east to semi-arid in the western part of the state. Winters are mild and summers can be really hot. In fact, Oklahoma is one of the ten hottest states in the country. It lies within the area called Tornado Alley, which adds to the possibility of twisters, especially April through June.

I know how difficult choosing just the right insurance coverage for your home and property can be. You might be searching for a company that can provide you with the coverage you need if you suffer losses from severe weather. It goes without saying that you probably want this coverage at a price that’s affordable.

I’ve found, through research, that State Farm is the best of the best homeowners insurance carriers in the state. But I urge you to read through the statistics and data found here, then based on your insurance needs, make the determination of which insurer is best for you.

How to find the best home insurance company for you

Researching to find the right home insurance in Oklahoma, and then determining which carrier has coverage to best meet your coverage needs, can be more than a little difficult. To  make an educated choice, you’ll need to put in a little time and some effort. Still, this is time and effort well spent because in all probability, your home is your most valuable possession. This means that you need to protect your assets with the best home insurance that provides adequate protection from loss. This is vital for the financial security of your family’s financial security.

Below are five easy steps to help you decide which homeowners insurance is best for your needs:

1. Research home insurance carriers in Oklahoma. You can do most of this research on the internet. When you’ve discarded all but a few insurers, narrow the choices down even farther to 3 insurers that seem as though they might fill your coverage needs
2. Decide how much coverage you actually need. You may find the assistance of an insurance agent to be helpful in this
3. Next, obtain quotes from these 3 insurers
4. Take into consideration factors such as rates, financial strength, coverage and online reviews from policyholders to determine your final choice
5. Now that you’ve decided on which company you want, apply for coverage

In the usual way of things, you’ll be able to get quotes and complete your application to the company of your choice online. But there are a few insurance companies that require you to meet with an agent.

Average cost of home insurance in Oklahoma

 Cheapest home insurance in Oklahoma

Cheapest cities for homeowners insurance in Oklahoma

Most expensive cities for homeowners insurance in Oklahoma

Home insurance premiums by deductible in Oklahoma

Home insurance prices by coverage level in Oklahoma

How to get an online home insurance quote in Oklahoma

If you have researched homeowners insurance in Oklahoma you may have found that it’s easy getting the information you need online. Narrow your choices down to three companies that seem like a good fit for your coverage needs. Next, choose the company you like best, and then obtain a quote. Here are 3 steps to complete this task:

1. Answer every question on the quote form. These queries will be about your dwelling and its value, its contents and their value, number of square feet, the age of the home, its exterior composition, its location (zip code) and any other information you’re asked to provide
2. Make sure you’ve responded to all the questions on the form, then submit the form to get your coverage quotes
3. When you decide on the top insurer that seems best for you, complete an application to that company for home insurance

You will need to meet with an agent if you want to purchase a policy from an insurer that won’t provide quotes online.

Factors that impact cost of your home insurance policy in Oklahoma

Many factors go into determining the price of homeowners insurance in Oklahoma, such as:

• Your claim history – Anyone who has filed home insurance claims before will undoubtedly be required to pay higher premiums than someone who hasn’t
• The zip code of your home – Living in a zip code that is prone to extreme weather events like floods, storms, hurricanes, earthquakes, hail, ice and snow, or wildfires means that your rates will be higher than average
• Close to flood zones – Being close to the Atlantic coast, a river or a lake raises the probability of your chances of filing a claim for flooding, so your coverage will be increased
• The age of the home – Recently built homes are subject to more exacting building codes, which means it’s more expensive to rebuild. Homes that are thirty years old or older might incur as much as 75% higher premiums than newer homes
• Deductibles and amount of coverage– The lower your deductible, the higher your premium. You can save yourself quite a lot of money by choosing a higher deductible. Another thing to bear in mind is that the more costly your home, the more costly it would be to rebuild it. This means that your insurance company will impose higher rates due to the higher coverage

The most affordable areas for homeowners insurance in Oklahoma

Homeowners insurance in Oklahoma varies by ZIP code. It may range from a low of $1,967.00 in Afton, zip code 74331, to as much as $4745.00 in Oklahoma City, zip code 73008. The lowest rates according to zip codes are:

Home insurance discounts in Oklahoma

Always ask an agent about discounts their company offers. Discounts can be great money savers by lowering your deductible, your premium, or both. You might receive multiple discounts, including:

• Bundle: Having more than one type of insurance with a company—such as your auto and home insurance—might mean a substantial discount of up to 25%
• New Home: A newly built home can get you a discount on your premium
• Early Payment: Purchase a new policy within at least a week before expiration of your old policy, and you might be eligible for a discount
• Claims Free: If a year has elapsed since you filed an insurance claim, you might get a 25% discount
• Automatic Payment: Enroll in auto pay, which means that your insurance premiums are debited automatically from your checking account, and you might get a discount
• Responsible Payment: Your good payment record might entitle you to a discount

Oklahoma home insurance laws to know

Oklahoma law doesn’t say that you must have homeowners insurance. However, if you have a mortgage on your home, your lender will require that the property is insured.