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Best cheap home insurance in Oklahoma City in 2025
Powered by Coverage.com (NPN: 19966249)
Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
The best home insurance companies in Oklahoma City
Homeowners in Oklahoma City pay an average of $5,437 per year for a home insurance policy with a $300,000 dwelling limit, based on rates from Quadrant Information Services. This is 126 percent more than the national average. Bankrate found that USAA, Allstate, Oklahoma Farm Bureau and State Farm provide some of the best home insurance in Oklahoma City for coverage and affordability.
Bankrate Score
Avg. annual premium
$300K dwelling coverage
JD Power
Why USAA made our list: USAA home insurance is not available to everyone; only active-duty military, veterans and their qualifying family members can get a policy. Expectedly, USAA offers military-focused options like no-deductible coverage for uniforms and equipment. USAA’s standard home insurance package comes with replacement cost coverage and up to $5,000 of identity theft protection, which both usually cost extra from other insurance providers. USAA tied for the Best Home Insurance Company Overall Bankrate Award for the third year running.
Why USAA may be the best overall: USAA is not eligible for official ranking with J.D. Power because of its eligibility limitations. Unofficially, however, the company has one of the highest scores of any insurer on both the 2025 U.S. Property Claims Satisfaction Study and the 2024 U.S. Home Insurance Study. On top of its high customer satisfaction scores, USAA policies are also fairly customizable; the company gives policyholders the choice to add water backup, personal injury protection, earthquake coverage and extended dwelling coverage.
| Bankrate Score | 4.8 |
| J.D. Power | 737/1,000 |
| AM Best Rating | A++ |
Bankrate Score
Avg. annual premium
$300K dwelling coverage
JD Power
Why State Farm made our list: State Farm is known for its extensive insurance offerings and high customer satisfaction ratings. The company scored above average in the 2024 J.D. Power U.S. Home Insurance Study and offers homeowners a number of ways to customize their coverage and earn discounts for wind mitigation, home security, roofing improvements and more. Oklahoma homeowners can regularly sit down with State Farm agents to discuss coverage and discount options tailored to their homes.
Why State Farm may be the best for local agents: As the largest insurer by market share, State Farm has a strong presence in the Oklahoma insurance market. If you prefer to work with local agents in person, you'll be able to choose from 100 State Farm agents who operate in the state.
| Bankrate Score | 4.1 |
| J.D. Power | 643/1,000 |
| AM Best Rating | A++ |
Bankrate Score
Avg. annual premium
$300K dwelling coverage
JD Power
Why Allstate made our list: Allstate tied with USAA for the Best Home Insurance Company overall Bankrate Award — the second year in a row it’s tied for the title. Allstate gives policyholders the best of both worlds in terms of policy management, with highly-rated digital tools and a network of in-person agents spread throughout the city.
Why Allstate may be best for custom policies: On its website, Allstate advertises nine different home insurance endorsements for added protection, including a green improvement reimbursement and identity theft restoration. Allstate could be a good option for Oklahoma City insurance for homeowners looking for custom policies, particularly when it comes to personal belongings. Not only can you schedule valuable personal property, but you can also add higher coverage limits for sports equipment, musical instruments and business property.
| Bankrate Score | 4.2 |
| J.D. Power | 631/1,000 |
| AM Best Rating | A+ |
Bankrate Score
Avg. annual premium
$300K dwelling coverage
JD Power
Not rated
Why Oklahoma Farm Bureau made our list: We do not have a specific Bankrate Score for Oklahoma Farm Bureau, but the larger Farm Bureau company earned a 4.0 out of a possible 5.0 for its robust customer support and broad discount availability. Oklahoma Farm Bureau policyholders can save in several ways. One is for having an impact-resistant roof that is in UL class 3 or 4, which means it is optimized to resist hailstones or other debris of up to 2 inches. You may also save if you are claims-free, if you bundle your home insurance with auto coverage and if you own a home that is less than 10 years old.
Why Oklahoma Farm Bureau may be the best regional insurance company: Choosing a regional home insurance company may be a better choice for some homeowners versus a national provider. A regional insurance agent may be able to offer more specialized insights into the unique insurance needs of your area.
| Bankrate Score | Not rated |
| J.D. Power | |
| AM Best Rating | B++ |
The Bankrate Promise
Read our full methodologyAt Bankrate, we strive to help you make smarter financial decisions. While we adhere to strict , this post may contain references to products from our partners. Here's an explanation of . Our content is backed by Coverage.com LLC, a licensed entity (NPN: 19966249). For more information, please see our
78
years of industry experience
10
licensed staff
34.5K
ZIP codes examined
120
carriers reviewed
The cheapest home insurance companies in Oklahoma City
Home insurance in OKC costs 126 percent more than the national average cost of home insurance, which can make finding cheap home insurance more of a challenge. Bankrate’s insurance editorial team has done the work for you and found the four cheapest home insurance companies in Oklahoma City for multiple dwelling limits.
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|---|---|---|
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$159
|
$1,904
|
|
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$165
|
$1,981
|
|
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Armed Forces
|
$278
|
$3,336
|
|
$359
|
$4,314
|
|
|
|
|
|---|---|---|
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$167
|
$1,999
|
|
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$189
|
$2,268
|
|
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Armed Forces
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$310
|
$3,724
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|
$395
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$4,737
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|
|---|---|---|
|
$167
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$1,999
|
|
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$242
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$2,907
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|
|
Armed Forces
|
$365
|
$4,385
|
|
$457
|
$5,490
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|
|
|
|---|---|---|
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$194
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$2,332
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|
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$378
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$4,540
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|
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Armed Forces
|
$505
|
$6,064
|
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$608
|
$7,292
|
Compare home insurance rates
Answer a few questions to see personalized rates from top carriers.
Powered by Coverage.com (NPN: 19966249)
Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
How much is home insurance in Oklahoma City, Oklahoma?
Average home insurance rates in Oklahoma City are on the lower end of the statewide average but are still expensive compared to the national average. In the state of Oklahoma, the average annual cost of home insurance is $4,613 for a policy with a $300K dwelling limit, which is 92 percent more than the national average cost of $2,408. In OKC, the average rate is $5,437 per year.
These higher costs are largely due to the city’s very high tornado risk; each year, an average of five tornadoes blow through the city. Additionally, First Street reports that Oklahoma City has a moderate wildfire risk.
Knowing the average cost of home insurance in Oklahoma City can help you know what’s considered a normal price for your policy. But remember that home insurance costs will also depend on personal rating factors unique to you like your credit-based insurance score, your home’s construction year and the deductible you choose.
Oklahoma City rates by credit tier
Homeowners with good or excellent credit history are considered lower risk to home insurance companies and usually receive the cheapest rates. Building credit can take some time, but improving your credit may help you secure a more affordable rate. In the table below, you can see just how credit affects average rates from the top five cheap home insurance companies in Oklahoma City.
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|---|---|---|---|---|
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$2,772
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$2,050
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$1,904
|
$1,637
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|
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$4,744
|
$2,227
|
$1,981
|
$1,606
|
|
|
Armed Forces
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$4,591
|
$3,478
|
$3,336
|
$3,176
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$11,129
|
$5,045
|
$4,314
|
$3,166
|
|
|
Oklahoma Farm Bureau
|
$7,069
|
$4,954
|
$4,954
|
$4,601
|
Oklahoma City rates by home age
When an older home needs serious repairs due to a covered loss, it can cost more to get it up to modern building codes. If you own an older home, you may face higher insurance premiums. Bankrate’s insurance editorial team compared insurance rates by home age for the five cheapest home insurance companies in the table below.
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|---|---|---|---|---|---|
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$2,156
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$2,136
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$2,104
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$2,300
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$1,501
|
|
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$3,005
|
$3,030
|
$2,998
|
$3,248
|
$1,351
|
|
|
Armed Forces
|
$4,970
|
$4,831
|
$4,759
|
$4,496
|
$2,737
|
|
$4,188
|
$4,188
|
$4,188
|
$4,458
|
$3,805
|
|
|
Oklahoma Farm Bureau
|
$5,442
|
$5,442
|
$5,442
|
$5,442
|
$4,467
|
Oklahoma City rates by deductible amount
One way to combat the high Oklahoma City home insurance costs is to raise your home insurance deductible. In most cases, the higher your deductible, the lower your premium. While high deductible home insurance can help you save money in the short term, it could cost you more if you need to file a claim. Most insurance experts recommend keeping your deductible to an amount of money you can afford to pay at a moment’s notice. You can compare home insurance rates by deductible level for companies that write the cheapest home insurance in Oklahoma City below.
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|---|---|---|---|
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$1,870
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$1,836
|
$1,651
|
|
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$1,636
|
$1,636
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$1,260
|
|
|
Armed Forces
|
$3,336
|
$2,806
|
$2,238
|
|
$4,072
|
$4,002
|
$3,347
|
|
|
Oklahoma Farm Bureau
|
$4,865
|
$4,865
|
$4,654
|
Frequently asked questions
Methodology
Rates
Bankrate utilizes Quadrant Information Services to analyze September 2025 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates for our base profile are based on the following characteristics and coverage limits:
Dwelling coverage
$300,000Other structures coverage
$30,000Personal property coverage
$150,000Loss of use coverage
$60,000Liability coverage
$500,000Medical payment coverage
$1,000The homeowners also have a $1,000 deductible, a $500 hail deductible and a 2 percent hurricane deductible (or the next closest deductible amounts that are available) where separate deductibles apply.
These are sample rates and should be used for comparative purposes only. Your quotes will differ.
If otherwise specified, the base profile has been modified with the following homeowner characteristics:
Bankrate Score
Our 2025 Bankrate Score considers variables our insurance editorial team determined impact policyholders’ experiences with an insurance company. These rating factors include a robust assessment of each company’s cost of coverage, product availability, financial strength ratings, online capabilities and customer and claims support accessibility. We grouped these factors into three essential categories — cost and ratings, coverage and savings, and support — which we then weighted in a tiered approach.
Each category was assigned a metric to determine performance, and the weighted sum adds up to a company’s total Bankrate Score — out of 5 points. Our scoring model provides a comprehensive view, indicating when companies excel across several key areas and highlighting where they fall short.
- Tier 1 (Cost & ratings): To determine how well auto and home insurance companies satisfy these priorities, our team analyzed average quoted premiums from Quadrant Information Services (if available), as well as any of the latest third-party agency ratings from J.D. Power, AM Best, Demotech and the National Association of Insurance Commissioners (NAIC).
- Tier 2 (Coverage & savings): We assessed companies’ coverage options and availability to help policyholders find a provider that balances cost with coverage. Additionally, we evaluated each company’s discount options listed on its website.
- Tier 3 (Support): To encompass the many ways a home insurance company can support policyholders, we analyzed avenues of customer accessibility along with community support. This analysis incorporated additional financial strength ratings from S&P and Moody’s and factored in a company’s corporate sustainability efforts.
Tier scores are unweighted to show the company's true score in each category out of a possible five points.
