Cheapest Auto Insurance Quotes in Tulsa, OK
Cheapest Auto Insurance Quotes in Tulsa, OK
Find Cheap Auto Insurance Quotes in Tulsa
The average annual price of auto insurance in Tulsa, Oklahoma, is $961, or around $80 per month.
However, Farm Bureau offered a much cheaper rate of $629 per year for a minimum-coverage policy. State Farm has the cheapest full-coverage insurance at $1,748 per year.
Tulsa has the most expensive auto insurance rates in Oklahoma, but you can save money by shopping around and comparing quotes from multiple insurers.
Your driving history, location, demographic profile and insurer will all impact the cost of your premium.
Cheapest car insurance in Tulsa: Oklahoma Farm Bureau
Farm Bureau offers the cheapest auto insurance in Tulsa, with an average premium price of $629 per year. If you don't mind spending a little more, State Farm is a worthwhile alternative.
Active military members and veterans should get a quote from USAA, which has the cheapest overall premium average of $488 per year.
Find Cheap Auto Insurance Quotes in Tulsa
The insurance policy with the lowest cost is a minimum liability policy, or the least amount of coverage required to legally drive.
If you have a new or expensive car, it's a good idea to look into extra coverage. Policies with the minimum insurance required won't reimburse you if your car is stolen, vandalized or damaged.
Rank | Insurance company | Average annual rate |
|---|---|---|
| 1 | Oklahoma Farm Bureau | $629 |
| 2 | State Farm | $661 |
| 3 | Progressive | $864 |
| 4 | Allstate | $906 |
| 5 | Shelter | $1,251 |
| 6 | Geico | $1,315 |
| 7 | Farmers | $1,578 |
| N/A* | USAA | $488 |
*USAA is only available to current and former military members and their families.
Cheapest full-coverage insurance? State Farm
You can find the most affordable full-coverage policy in Tulsa at State Farm for $1,748, on average, per year.
Farm Bureau is more expensive, but its average premium is about $800 less than the city average.
USAA is another great option and is about $8 cheaper than Farm Bureau. However, the company has strict eligibility requirements.
Rank | Insurance company | Average annual premium |
|---|---|---|
| 1 | State Farm | $1,748 |
| 2 | Oklahoma Farm Bureau | $2,160 |
| 3 | Allstate | $2,823 |
| 4 | Progressive | $2,872 |
| 5 | Shelter | $3,122 |
| 6 | Geico | $3,721 |
| 7 | Farmers | $5,626 |
| N/A* | USAA | $2,152 |
*USAA is only available to current and former military members and their families.
Oklahoma has the 10th-highest rates for full-coverage auto insurance in the country. The average cost of full coverage in Tulsa is three times higher than the cost of a minimum-liability policy. However, a full-coverage policy offers a distinct type of financial protection.
A full-coverage insurance plan fulfills the state's minimum requirements and includes collision and comprehensive coverage.
- Collision coverage financially protects you if you hit an object or another vehicle. This is one of the most common ways car accidents happen.
- Comprehensive coverage financially protects you from circumstances out of your control such as storms, theft and falling objects. These are known as "acts of God."
We suggest you get additional coverage or raise your coverage limits if your car is less than 10 years old or valued at more than $3,000.
Cheapest full-coverage policy for young people: State Farm
State Farm is the cheapest insurer for young drivers in Tulsa, with an average annual cost of $5,055.
If you are a current military member or veteran, USAA is worth looking into because of its high-quality customer service and good-grade discounts. But its premiums are $262 more expensive than State Farm's premiums.
Rank | Insurance company | Average annual rate |
|---|---|---|
| 1 | State Farm | $5,055 |
| 2 | Oklahoma Farm Bureau | $6,695 |
| 3 | Shelter | $7,944 |
| 4 | Allstate | $9,341 |
| 5 | Geico | $9,419 |
| 6 | Progressive | $10,218 |
| 7 | Farmers | $11,538 |
| N/A* | USAA | $5,317 |
*USAA is only available to current and former military members and their families.
Teens and young adults are more likely to get into accidents than older drivers, which makes them riskier to insure. As a result, young drivers pay more for car insurance. If your quotes are outside of your budget, you can:
- Consider a combined insurance policy with your parents. Middle-aged adults are considered a less-risky investment for insurance companies. Getting a combined or multi-car policy with your parents is typically cheaper than having separate insurance policies.
- Look on your insurer's website for its discount offerings. Many insurers, especially large ones, give steep discounts to their drivers. You may already qualify for some. Big insurers, like Geico, even offer discounts if you receive outstanding grades in school.
- Gather and compare quotes from multiple insurers. Although Farm Bureau and State Farm have the cheapest rates for both full-coverage and minimum-coverage policies, you should reach out to as many insurers as possible to ensure you're getting the best deal.
Cheapest full-coverage plan for drivers with accident history
Farm Bureau and State Farm increased premium rates for their Tulsa drivers by the least amount following an accident.
Rank | Company | Car insurance quote before accident | Car insurance quote after accident | Difference |
|---|---|---|---|---|
| 1 | Oklahoma Farm Bureau | $2,160 | $2,378 | $218 |
| 2 | State Farm | $1,748 | $2,038 | $290 |
| 3 | Allstate | $2,823 | $3,943 | $1,120 |
| 4 | Shelter | $3,122 | $4,921 | $1,799 |
| 5 | Progressive | $2,872 | $4,733 | $1,861 |
| 6 | Geico | $3,721 | $5,958 | $2,237 |
| 7 | Farmers | $5,626 | $7,889 | $2,263 |
| N/A* | USAA | $2,152 | $3,040 | $888 |
*USAA is not ranked because only military members (current and former) and their families are eligible.
Drivers with an accident history may have a difficult time shopping for cheap insurance compared to a driver with no accident on record. However, it's possible to find affordable rates if you research multiple companies.
Best insurance company service in Tulsa: Farm Bureau
The best insurer in Tulsa is one that has both affordable coverage options and top-tier service. Companies with the best customer service offer quick response times, easily accessible agents and understanding representatives.
The insurers with the best customer service, measured by frequency of customer complaints, are:
- Oklahoma Farm Bureau
- State Farm
- Shelter
Customers of Farm Bureau, which also has the cheapest minimum-coverage policy option, have given positive reviews of the company's agents and claims process. Drivers have described agents as accommodating and the claims process as smooth.
Rank | Company | Market share | Complaint Index |
|---|---|---|---|
| 1 | Oklahoma Farm Bureau | 3.6% | 0.45 |
| 2 | State Farm | 20.5% | 0.57 |
| 3 | Shelter | 3.1% | 0.61 |
| 4 | Allstate | 6.1% | 0.69 |
| 5 | Farmers | 9.4% | 0.79 |
| 6 | USAA | 5.6% | 0.84 |
| 7 | Progressive | 10.6% | 0.94 |
| 8 | Geico | 7.1% | 1.2 |
| 9 | CSAA | 2.8% | 1.36 |
| 10 | Liberty Mutual (Safeco) | 5.6% | 1.69 |
The Complaint Index is drawn from the National Association of Insurance Commissioners. The association analyzed the top 10 insurance groups in Oklahoma by market share. A lower Complaint Index indicates a lower rate of complaints for an insurer, adjusted for the size of its business. The Complaint Index was drawn for the largest individual company under an insurance group in Oklahoma, with that company noted in parentheses if its name differed from the parent.
Average cost of insurance by Tulsa ZIP code
Each neighborhood in Tulsa has a different crime rate, accident rate and population density. As a result, your estimated auto insurance quotes can vary by nearly $100 depending on where you live.
Drivers who live in Northridge, one of the most affordable neighborhoods, pay about $79 less than drivers in Midtown, which is in the heart of the city.
ZIP code | Neighborhood | Average annual auto insurance rate |
|---|---|---|
| 74103 | Downtown / Brady Arts District | $967 |
| 74104 | Cherry Street / Renaissance | $965 |
| 74105 | Midtown | $1,002 |
| 74106 | University Park | $980 |
| 74108 | Tower Heights | $929 |
Car insurance companies in Tulsa
The 10 biggest insurers in Oklahoma comprise 70.3% of the direct premiums written in the state. Of the 10, State Farm, Progressive and Farmers write the largest number of premiums.
If you're debating whether to receive coverage from a small insurer or a larger corporation, keep the following in mind:
- Large insurers may have more discounts and policy options than smaller insurers. They may have multiple locations for convenience and extended hours of support.
- Small insurers are able to provide drivers with a more personalized experience compared to large companies. When filing a claim, you may find yourself talking with one agent, rather than multiple, throughout the process.
Rank | Insurers | Direct premiums written | Percentage of direct premiums |
|---|---|---|---|
| 1 | State Farm | 643,969 | 18.93% |
| 2 | Progressive | 422,523 | 12.42% |
| 3 | Farmers | 311,148 | 9.15% |
| 4 | Geico | 244,141 | 7.18% |
| 5 | Allstate Corp. | 220,246 | 6.47% |
| 6 | Liberty Mutual | 163,926 | 4.82% |
| 7 | Farm Bureau | 116,306 | 3.42% |
| 8 | Shelter | 102,230 | 3.00% |
| 9 | Travelers | 87,341 | 2.57% |
| 10 | CSAA | 79,956 | 2.35% |
| N/A* | USAA | 187,726 | 5.52% |
*USAA is only available to current and former military members and their families.
Minimum insurance requirements in Tulsa
Tulsa insurers follow the auto insurance regulations set by the state. Oklahoma has the following coverage requirements for its drivers:
Insurance coverage | Oklahoma minimum limits |
|---|---|
| Bodily injury (BI) | $25,000 per person/$50,000 per accident |
| Property damage (PD) | $25,000per accident |
While the minimum liability policy is the cheapest auto insurance option, it may not provide enough financial protection for you. Bodily injury and property damage liability both serve to protect other drivers and their property. A minimum policy will not pay for your own car if it's damaged.
Methodology
ValuePenguin analyzed data from eight companies located in Tulsa. The sample driver for our study is a 30-year-old man who owns a 2015 Honda Civic EX. Our driver also had no credit history and sought quotes for a minimum-coverage policy, unless otherwise stated.
When obtaining quotes for a full-coverage policy, the following limits were used:
Coverage type | Study limits |
|---|---|
| Bodily injury liability | $50,000 per person/$100,000 per accident |
| Property damage | $25,000 per accident |
| Uninsured/underinsured motorist bodily injury | $50,000 per person/$100,000 per accident |
| Comprehensive and collision | $500 deductible |
ValuePenguin's analysis used insurance rate data from Quadrant Information Services. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes may be different.
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.