The average cost of auto insurance in Tulsa is $2,069 for full coverage per year, or about $172 per month, while minimum coverage averages $484 per year. These rates are above the national average insurance cost, at $1,771 per year for full and $545 per year for minimum coverage. The higher auto insurance rates in Tulsa can be attributed to factors such as the higher population density in the Tulsa area, which can increase the likelihood of a costly claim. Despite this, drivers in Tulsa can still find low-cost auto insurance companies that offer a variety of coverage options and benefits.
The cheapest auto insurance company in Tulsa, Oklahoma, is Geico, according to Bankrate’s 2022 study of quoted annual premiums. Finding the best auto insurance companies in Oklahoma for drivers in Tulsa involves looking beyond which insurer offers the cheapest rates. Insurance agents recommend looking at different insurance companies and selecting coverage that gives you the right financial protection for your needs.
Best Cheap Auto Insurance Companies in Tulsa
We found the cheapest auto insurance companies in Tulsa Geico, USAA, State Farm, Farm Bureau, and Allstate, based on premium data from Quadrant Information Services. In addition to finding these cheap auto insurance companies in Tulsa, Bankrate assessed several other factors to determine how the companies compare based on other characteristics that affect policyholders. Coverage options, discounts, and third-party ratings such as the 2022 JD Power Customer Satisfaction Survey and AM Best Financial Strength Ratings all contributed to our research. Each factor also influences the insurer’s Bankrate Score, which is a total of five points and can help you compare insurers at a glance.
When it comes to auto insurance, drivers in Tulsa pay higher rates on average, so it’s important to find as many options as possible to figure out which of the best auto insurance companies is right for you.
*Not officially ranked at JD Power due to eligibility restrictions
Geico has the cheapest auto insurance rates in Tulsa for both full and minimum coverage options, according to our analysis of premium data. Not only does Geico offer competitive rates for the area, but drivers can appreciate the wide range of discounts available. Discounts include those for having vehicle safety equipment and for using seat belts, plus savings for taking approved defensive driving courses. Geico also scores above average in JD Power’s 2022 customer satisfaction survey and received an A++ (Superior) rating from AM Best, indicating how well the company has fulfilled claims obligations in the past.
Learn more: Geico insurance review
USAA ranks second among providers for the cheapest auto insurance rates in Tulsa for both full and minimum coverage. USAA earns a top Bankrate score of 5.0 due to its many coverage options and discounts, plus its A++ (Superior) AM Best rating and high marks from JD Power for customer satisfaction. While USAA earns impressive ratings, it is only available to current and former military members and their immediate family members. The eligibility requirements may deter some drivers from purchasing a policy through USAA, but those who qualify will find that this is one of the best auto insurance companies in Tulsa.
Learn more: Review of USAA insurance
State Farm ranks third among providers on the list, based on rates, as one of the cheapest auto insurance companies in Tulsa. It also stands out for its scores from JD Power, with an above-average score for eligible insurers in the Central Region. State Farm offers many benefits to policyholders, including a large agent network of local agents, a highly rated mobile app, a comprehensive online portal, and accessible customer service. State Farm offers discounts and policy customization options, such as roadside assistance. While it doesn’t offer as many discounts as other providers on the list, its multi-car programs and Steer Clear are two examples of additional ways to save with State Farm.
Learn more: Review of state farm insurance
Oklahoma Farm Bureau offers a wide variety of auto insurance options and discounts. Coverage options include the standard selection offered by insurers, plus specialized choices such as roadside assistance and additional transportation services (similar to car rental reimbursement). Discounts are available for customer loyalty and policy bundling, as well as savings on premiums for taking an approved defensive driving course. While full and minimum coverage options are available, some policyholders may be disappointed with the lack of a mobile app for full policy management. However, you can request a quote online, which is a handy web feature.
Learn more: Farm Bureau Insurance review
Allstate ranks fifth on the list of cheapest auto insurance companies, but offers a range of specialized policy features. Allstate can be a great option for drivers who want more policy coverage, such as roadside assistance and custom equipment coverage. The discounts are plentiful, helping to offset Allstate’s rates, allowing drivers to save by signing up for the DriveWise program or getting good grades in school. While Allstate is relatively more expensive than other providers on our list, the mobile app is highly rated and allows full policy management (including updating coverages and policies at your fingertips).
Learn more: Allstate Insurance Rating
How to get and keep the cheapest car insurance in Tulsa
Finding the best car insurance in Tulsa is one aspect for cost-conscious drivers, but keeping the cheapest rates with the right coverage is another endeavor. Keep these tips in mind as you explore ways to secure and save with the right policies.
- Shop at multiple providers. When buying auto insurance, one of the best methods is to compare multiple providers. Rates may vary from company to company, even though they are based on the same personal information you provide. By comparing multiple quotes, you can see which company offers the best and cheapest rates.
- Keep a clean driving record. Keeping a driving record free of accidents and traffic violations will keep you safer on the road and save you money. Drivers with clean driving data typically receive the lowest fare quotes from providers. It may also qualify for additional savings, such as safe driver discounts or an accident-free discount.
Frequently Asked Questions
Bankrate uses Quadrant Information Services to analyze 2022 rates for all zip codes and carriers in all 50 states and Washington, D.C. Rates quoted are based on a 40-year-old male and female driver with clean driving records, good credit, and the following full coverage limits:
- $100,000 bodily injury liability per person
- $300,000 accidental bodily injury liability
- Property damage liability of $50,000 per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. Our basic profile drivers own a 2020 Toyota Camry, commute five days a week and drive 12,000 miles annually.
These are sample percentages and should be used for comparison purposes only.
Bank Rate Score
Bankrate Scores primarily reflect a weighted ranking of industry-standard ratings for financial strength and customer experience, in addition to analysis of quoted annual premiums from Quadrant Information Services across all 50 states and Washington, DC. We know it’s important for drivers to feel confident their financial protection covers the most likely risks, is priced competitively and is provided by a financially sound company with a history of positive customer support.
To determine how well the top auto insurance companies meet these priorities, external agency ratings from JD Power, AM Best, S&P, NAIC, and Moodys had the most influence on the companies’ Bankrate Scores. Since price is a common consideration for drivers, we analyzed the quoted premiums based on 40-year-old male and female drivers with a 2019 Toyota Camry. This profile, assessed across more than 35,000 zip codes in the US, provided a basis upon which drivers compare each provider.
While coverage options, insurer availability, affordability and customer experience are often top priorities, Bankrate also analyzed each insurer’s online and mobile resources for policy management and claims handling. Insurance is evolving rapidly to keep pace with our digital world, so these aspects have also played a part in determining Bankrate Scores.