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 is $961, or around $80 per month. The city's average full coverage car insurance premium is $3,028, or $252 each month. Tulsa has the most expensive auto insurance rates in Oklahoma, but you can still find affordable rates.
Your driving history, location, demographic profile and insurer will all impact the cost of your premium.
For instance, rates range between $1,748 and $5,626 on a full-coverage policy, depending on the insurer. But you can save money by shopping around and comparing quotes from multiple insurers.
Cheapest car insurance in Tulsa? Oklahoma Farm Bureau
Farm Bureau offers the cheapest auto insurance in Tulsa, with an average premium price of $629. If you don't mind spending a little extra, State Farm is a worthwhile alternative.
Current military members and veterans should get a quote from USAA, which has the cheapest overall rate at a premium average of $488.
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 and Farm Bureau. Their average premiums cost about $800 less than the city average — a significant price difference.
USAA is another great option and is about $8 cheaper than Farm Bureau. However, the company has very 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, 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 from damage caused by a collision with an object or another vehicle. This is one of the most common ways 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 a decade 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 stored-vehicle discount. 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.
Shopping for auto insurance is difficult as a young person. 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 the prices listed in the table above are outside of your budget, here's what you can do:
- Consider a combined insurance policy with your parents. Middle-aged adults are considered a less-risky investment for insurance companies. Getting a combined or multicar 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 | $217 |
| 2 | State Farm | $1,748 | $2,038 | $290 |
| 3 | Allstate | $2,823 | $3,943 | $1,120 |
| 4 | Shelter | $3,122 | $4,921 | $1,800 |
| 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 is 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 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
Tulsa is one of the largest cities in the country with many distinct areas. Each neighborhood 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 |
| 74110 | United Neighborhood of Springdale | $1,007 |
| 74112 | North Tulsa | $989 |
| 74114 | Maple Ridge / Mayo Meadow | $984 |
| 74115 | North Tulsa | $1,008 |
| 74117 | Turley | $910 |
| 74119 | Uptown / Riverview | $975 |
| 74120 | Central Park | $968 |
Auto theft statistics in Oklahoma
Unfortunately for Tulsa residents, the city has the highest auto theft rate out of the four most populated cities in Oklahoma. OKC, or Oklahoma City, is the most populated city in the state but has a theft rate 19% lower than the theft rate of Tulsa.
City | Population | Car thefts | Thefts per 100,000 people |
|---|---|---|---|
| Tulsa | 403,147 | 1,349 | 334.6 |
| Oklahoma City | 652,936 | 1,763 | 270.0 |
| Norman | 124,577 | 164 | 131.6 |
| Broken Arrow | 109,663 | 66 | 60.2 |
Motorvehicle theft data was pulled from the FBI 2019 Preliminary Semiannual Uniform Crime Report.
Car insurance companies in Tulsa
The biggest 10 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 pros and cons in mind:
- Large insurers usually have more discount and policy options than smaller insurers. Big companies tend to have better financial stability and can utilize resources to provide drivers with more discounts or savings.
- Small insurers are able to provide drivers with a more personalized experience than 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 requirement in Tulsa
Tulsa follows 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) | $55,000per 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 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.