We evaluated insurance quotes for a sample 2,000 square foot home in 57 cities across Oklahoma to determine which cities had the highest and lowest annual home insurance costs. Based on our sample, we found that Oklahoma homeowners pay an average of $3,576 per year for home insurance. Below we profile a number of cities in Oklahoma and evaluate their price differences in homeowners insurance. Read more about our findings below or use our toolbar above to find the best homeowners insurance quotes in your area.
- Cheapest Home Insurance Companies
- Homeowners Insurance Rates in Oklahoma's Largest Cities
- Top 5 Best Cities for Home Insurance in Oklahoma
- Top 5 Most Expensive Cities for Home Insurance in Oklahoma
Cheapest Home Insurance Companies in Oklahoma
We gathered quotes for our sample home across 57 cities from Allstate, State Farm and Farmers insurance companies. Quotes from each company were averaged to find which insurance companies offered the cheapest home insurance rates in Oklahoma. Of the companies surveyed, we found that, on average, Allstate offers the best home insurance rates for the state of Oklahoma at $3,004 per year.
Our study also found that Oklahoma has some of the most expensive homeowners insurance rates in the country, which is likely due to its location in the heart of the infamous "Tornado Alley," stretching from the southern great plains to as far north as Canada. Historically, both tornadoes and hail storms have been prevalent in this region, which has led to an increased number of insurance claims and higher home insurance premiums.
The graph below shows the average annual cost to insure our sample home by company:
Find the Cheapest Homeowners Insurance Quotes in Your Area
Homeowners Insurance Rates in Oklahoma's Largest Cities
We evaluated homeowners insurance rates across the ten largest cities in Oklahoma. Our study used control variables including the age of the home, square footage, replacement cost, and roof type, to gather comparable quotes across a number of home insurance companies. We found that, on average, the homeowners in the ten largest cities pay 8% more than the rest of the state for home insurance. The average cost for homeowners insurance in Oklahoma’s ten largest cities is $3,873 per year.
Oklahoma City, OK
Oklahoma City is the largest city and capital of Oklahoma. Originally founded by enterprising homesteaders racing to claim free land promised by the government, Oklahoma City became the state capital in 1910, after surpassing Guthrie, the previous capital, in both population and economy. The city has a proud cowboy culture and rugged western past; Oklahoma City is known by many to be the de-facto “Horse Show Capital of the World” and is home to The National Cowboy & Western Heritage Museum, a historical exhibit dedicated to the old west.
The average annual premium for home insurance in Oklahoma City is 17% more expensive than the state mean. Farmers quoted us the most expensive annual rate in our Oklahoma City sample of $5,535. Allstate, the most affordable insurer in the city, quoted our sample home an annual rate of $2,308, less than half the cost of Farmers.
Tulsa is the second most populous city in Oklahoma and once held the nickname, the “Oil Capital of the World.” The oil industry played a large part in Tulsa’s rise to prosperity; the first International Petroleum Exposition and Congress was originally held in Tulsa. Many titans of the oil industry have, at one time, named Tulsa their headquarters, including Getty, CITGO and Laredo Petroleum. Today, the remains of that oil wealth can be seen in the form of the beautiful Art Deco buildings and elaborate gardens that line its downtown districts. Both the cost of doing business and living in Tulsa are significantly below the national average. We found that the city’s home insurance costs are the lowest in the state.
The relative cheapness of its homeowners insurance makes Tulsa an attractive option for Oklahomans looking to move to a bigger city. The cost of insuring a home in Tulsa averages $2,555 – 29% below the state mean, making it the cheapest city in Oklahoma for homeowners insurance. Allstate offered the best annual home insurance rate of $2,142, followed by State Farm at $2,184.
Norman is the third largest city in Oklahoma and is home to the historic University of Oklahoma (OU). The university enrolls over 30,000 students and is, academically, the highest-ranked undergraduate student body at an Oklahoma public university. The city exudes the aura of a college town; students fill Norman's local bars and nightlife, while the university features world-renowned research facilities and museums. The Fred Jones Jr. Museum of Art is located right in the middle of OU campus, and boasts one of the largest collections of impressionist art ever featured at a university, making Norman an internationally acclaimed tourist destination.
Allstate quoted the lowest annual home insurance rate of $2,401 for our sample home in Norman. Farmers offered the most expensive rate of $6,213, while State Farm offered a middling rate of $4,595. Overall, Norman’s homeowners insurance rates are 23% greater than the state average, making it the fifth most expensive city for homeowners insurance in Oklahoma.
Broken Arrow, OK
Broken Arrow is the fourth most populous city in Oklahoma and was named for the Creek Indians who settled in Oklahoma, following their forced relocation along the Trail of Tears. Many of the original settlers in and around the city area were Creek Indians, who became integral and successful members of the local community. Today, the city is known for its low cost of living and safe communities, making it a popular destination for young families. ValuePenguin lists Broken Arrow as the fifth-safest large city in Oklahoma. Additionally, we found that its home insurance costs are among the lowest in the state.
The average annual cost of home insurance in Broken Arrow is $2,679 - 25% below the state mean, which also makes it the third most affordable city for homeowners insurance in Oklahoma. If you’re shopping for the best home insurance rates in Broken Arrow, we suggest beginning with State Farm, which quoted us a $2,201 annual rate for our sample home.
Lawton is the fifth largest city in Oklahoma and was named after Civil War Medal of Honor recipient Henry Ware Lawton. Lawton is a popular tourist destination close to many natural attractions. The Lawton-Fort Sill area features three major lakes, including Lake Lawtonka, Ellsworth and Elmer Thomas, which makes it a popular destination for boating and fishing. The city is also bordered to the northwest by the Wichita Mountains Wildlife Refuge, which offers guided wildlife tours and is a popular destination for nature lovers.
The mean annual cost of home insurance in Lawton is $4,016 – 12% above the state average. Farmers quoted the most expensive rate in Lawton of $4,796 per year, which is almost twice the cheapest quote provided by Allstate of $2,505.
Edmond is the sixth largest city in our study and is located in the heart of Oklahoma. Edmond draws its roots from the Chisholm Cattle Trail, where it was originally home to a number of cattle ranchers and ranch hands, the original cowboys of the old west. These traditions live on today in the local horse and cattle ranches that dot Edmond's outskirts. The local ranches offer rodeos, horseback riding and horse-racing activities for visitors. Edmond is also the home of the University of Central Oklahoma, which enrolls over 17,000 students, and was founded in 1890.
Home insurance rates in Edmond are 25% greater than the state average. The average annual home insurance quote for our sample home in Edmond was $4,484, which is $908 more expensive than the state mean. Farmers quoted us the most expensive annual rate of $6,118 while Allstate quoted us the cheapest rate of $2,621.
Moore is arguably one of the most resilient cities in Oklahoma, having survived no less than two major tornadoes: one in 1999 and again in 2013. Both tornadoes displaced thousands of residents and were two of the worst tornadoes ever recorded; nevertheless, the city bounced back after each disaster, stronger than ever. Today, over 61,000 residents call Moore home, making it the seventh largest city in the state. Moore is the first city in the United States to adopt mandatory tornado-related building codes that far exceeded national standards. Unfortunately, the historical prevalence of tornadoes has spread into Moore’s homeowners insurance costs and its residents pay the highest annual home insurance premiums in the state.
Our research found that the average annual home insurance premium in Moore is $4,638 – 30% greater than the state average, making Moore the most expensive city in Oklahoma for homeowners insurance. Farmers quoted us an annual home insurance rate of $7,065, the single most expensive quote of our study.
Midwest City, OK
Midwest City is the eighth largest city in Oklahoma and was developed around the nearby Tinker Air Force Base. Today, Midwest City’s economy continues to revolve around the air force base, which is the single largest employer in the city. Historically, residents of Midwest City have contributed much to the U.S. Airforce and the safety of our country; nearby factories staffed by citizens of Midwest City produced more than half of the C-47 cargo planes used in World War II.
Midwest City’s home insurance rates are on the higher end of the spectrum as a result of violent tornado events. On average, residents of Midwest City pay 23% more for their annual home insurance premiums than the rest of Oklahoma. Farmers offered the most expensive annual rate of $5,931, while Allstate quoted the cheapest annual rate of $2,490 per year.
Enid, the ninth largest city in Oklahoma, originally prospered as an agricultural trade center. At its founding, Enid was a major rail hub located in the heart of wheat county, and its population continued to blossom well after the Oklahoma oil boom ended. Today, Enid holds the largest grain storage capacity of any city in Oklahoma, and has expanded its economic base to include major players in healthcare and manufacturing, including Integris Health and the St. Mary’s Regional Medical Center. The city's largest employer remains the nearby Vance Air Force Base.
Based on our study, the average annual cost of homeowners insurance in Enid is 8% more expensive than the state mean. Residents pay an average of $3,861 per year for homeowners insurance. Allstate offered the cheapest quote of $2,457, while Farmers and State Farm quoted the most expensive rates of $4,501 and $4,624, respectively.
Rounding out the ten largest cities in the state of Oklahoma is Stillwater. The city bears all the hallmarks of a college town and is home to the Oklahoma State University, an NCAA Division I School, which draws tens of thousands of alumni back to the city each year in one of "America's greatest homecoming celebrations." Stillwater is a proud city and even boasts its own genre of music known as "Red Dirt," a distinctive mashup of country, americana, folk, and rock; Red Dirt was named after the unique color of soil found in Oklahoma.
The average annual homeowners insurance rate in Stillwater is $3,507 which represents a 2% discount to the state mean. State Farm quoted the cheapest annual home insurance rate of $2,815 while Farmers quoted the most expensive rate of $4,358.
Least Expensive Homeowners Insurance in Oklahoma: by City
This graph shows the five most affordable cities for homeowners insurance in our study. The cities are listed in order of price, starting with the lowest average annual home insurance quote and counting up. We found that Tulsa is the cheapest city in Tennessee for homeowners insurance. On average, Tulsa residents pay $2,555 annually, 29% less than the state average.
As previously mentioned, Tulsa is the most affordable city in Oklahoma for homeowners insurance. On average, Tulsa residents pay $1,021 less for their homeowners insurance than the typical Oklahoman. Allstate quoted our sample Tulsa property the cheapest annual home insurance rate of $2,142, while Farmers quoted the highest annual rate of $3,339.
Tahlequah is the second most affordable city for home insurance in Oklahoma. The mean annual home insurance quote in the city is $2,582, which is 28% cheaper than the state average. The most affordable annual rate in Tahlequah was quoted by State Farm at $2,353.
Broken Arrow, OK
Broken Arrow ranks fourth on our list of biggest cities and third on our list of best cities for home insurance. The average annual home insurance quote gathered for the city of Broken Arrow is $2,679, which is $898 less than the state mean. State Farm provided our cheapest quote of $2,201.
Sallisaw offers the fourth most affordable home insurance rates in the state. Residents pay $2,735 per year on average, which is $841 less than the state average. The cheapest quote in Sallisaw was offered by State Farm at $2,421 per year.
Coweta ranks fifth on our list of most affordable cities for home insurance. On average, residents pay $2,743 annually, which is a 23% discount to the state mean. The cheapest annual homeowners insurance quotes in Coweta were provided by State Farm and Allstate at $2,409 and $2,561, respectively.
Most Expensive Homeowners Insurance in Oklahoma: by City
This graph shows the five most expensive cities for homeowners insurance in our study. The cities are listed in order of price, starting with the highest average annual home insurance quote and descending. We found that the most expensive city for homeowners insurance in Oklahoma was Moore, where we were quoted an average annual rate of $4,638 — 30% more expensive than the state average. Oklahoma's home insurance rates are greater than the national average, likely due to the historical prevalence of tornados and hail storms in the area.
We studied 57 cities, spread out geographically across the state of Oklahoma. The sample home we reviewed was built in the year 2000, had 2,000 square feet across two stories, and cost $200,000. Quotes for this home were obtained from Allstate, State Farm and Farmers insurance companies, then rates were averaged for each city. To see an alphabetical list of all the cities included in the analysis, please see below. We've displayed all cities surveyed, from Ada to Woodward, with the average annual cost of insurance for the benchmark property, and how much home insurance in each city costs relative to the state average.
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