Cheapest Car Insurance for Homeowners in Oklahoma

You have most likely seen the captivating commercials from companies like Farmers, Allstate, and GEICO that claim the cheapest price, so you should just select the one with the best jingle, right?

It’s not quite that easy, unfortunately, as there are a lot of unknown factors such as your vehicle’s safety rating, if you have a lapse in coverage, how old you are, and if you need full coverage or liability-only. Car insurance is kind of a dry topic, but this article will explain some of these factors and will hopefully give you a good start to your coverage search.

When shopping for cheaper auto insurance for people who own their homes, one of the many considerations that affect car insurance rates is where you keep your vehicle in Oklahoma. Cities with larger populations or higher claims like Bixby, Bethany, and Sapulpa will most likely have higher rates, whereas cities that are not as densely populated generally have lower rates.

The table below illustrates the highest-priced places in Oklahoma for homeowners to buy car insurance in.

Rates are estimated as the specific Oklahoma residence address can impact prices significantly.

The type of vehicle you are buying coverage for is probably the biggest factor in finding cheaper coverage for homeowners. Vehicles with higher performance characteristics, poor safety features, or a track record of large liability claims will cost more to insure than safer models.

The table below estimates insurance rates for a handful of the most cost-effective vehicles to insure in Oklahoma.

Premium data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Oklahoma minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, safe-driver, and multi-policy. Price information does not factor in Oklahoma location which can influence premiums substantially.

Based upon the table data, we can expect models like the Volkswagen Jetta, Ford Escape, and Chevrolet Traverse are a few of the more affordable vehicles to insure for people who own their homes.

Comparing rates for reasonably-priced insurance is tough enough, and determining which company quotes the cheapest auto insurance rates for homeowners may require a bit more work. Insurance prices could be moderately better than the average policy in Oklahoma attributed to the reduced risk that goes along with offering insurance for people who own their homes. Cheap coverage should be achievable from many insurers.

Every insurance company has a different formula for determining rates in each state, so we’ll take a look at the most competitive auto insurance companies in Oklahoma. It’s important that you understand Oklahoma auto insurance rates are impacted by many things that can increase your annual premium. This is why drivers need to compare many different companies to find the most budget-friendly auto insurance quotes for homeowners. Car insurance prices can be altered by many risk factors and change dramatically, so the most economical company the last time you compared rates may now be costing you a lot of money.

Lowest Insurance Price Quotes for Homeowners

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USAA normally has some of the cheapest car insurance rates in Oklahoma at around $1,185 a year. Oklahoma Farmers Union, The Hartford, Safe Auto, and GEICO are also some of the more affordable Oklahoma car insurance companies.

As the rates illustrate above, if you are a customer of Oklahoma Farmers Union and switched to USAA, you might realize an annual savings of approxmiately $17. Oklahoma drivers with The Hartford could save as much as $148 a year, and Safe Auto customers might reduce prices by as much as $192 a year.

Understand that those premiums are averaged across all drivers and vehicles in Oklahoma and are not factoring in a price discount for homeowners. So the car insurance company that fits your age and vehicle best may not even be featured in the list of companies shown earlier. That emphasizes why you need to get rate quotes using your own driver data and vehicle information.

Picking a highly-rated auto insurance provider can be challenging considering how many companies sell coverage in Oklahoma. The ranking information below could help you select which companies to look at comparing rate quotes with. The ratings below are only comprised of companies that write coverage in many states, so smaller regional companies are not included in these rankings.

Top 10 Major Car Insurance Companies in Oklahoma Ranked by Claims Service

1. Travelers
2. Allstate
3. Nationwide
4. State Farm
5. GEICO
6. Liberty Mutual
7. American Family
8. Esurance
9. AAA Insurance
10. The Hartford

Top 10 Major Car Insurance Companies in Oklahoma Ranked by Customer Satisfaction

1. USAA – 91%
2. Esurance – 90%
3. AAA Insurance – 90%
4. Mercury Insurance – 89%
5. Nationwide – 89%
6. Progressive – 88%
7. Safeco Insurance – 88%
8. State Farm – 88%
9. Allstate – 88%
10. Travelers – 88%

Allstate, State Farm, Geico, and Progressive: Who is best?

If you’re looking for the best auto insurance for people who own their homes, the top insurers to get price quotes from are Allstate, State Farm, Geico, and Progressive. Each one has a slightly different mix of options and features that can influence your buying decision. The following table rates price, claims, and customer service ratings, as well as some optional coverages that are available for buyers.