Insurance Costs in Oklahoma City, OK
Auto insurance in Oklahoma City averages $2,012 per year for full coverage, which is higher than the national average. Here is a detailed breakdown of what residents pay.
Updated July 2026Auto Insurance in Oklahoma City, OK: What You Need to Know
Oklahoma City residents pay an average of $2,012 per year for full coverage auto insurance, which is 10.0% above the Oklahoma state average and 20.2% above the national average.
With a population of 681,054, Oklahoma City is one of the largest cities in Oklahoma. Higher population density, more traffic congestion, and increased accident risk all contribute to above-average insurance rates.
Coverage Level Comparison
| Coverage Type | Annual Cost | Monthly Cost |
|---|---|---|
| Full Coverage (100/300/100) | $2,012 | $168 |
| Standard Coverage (50/100/50) | $1,650 | $138 |
| State Minimum (25/50/25) | $845 | $70 |
Homeowners Insurance in Oklahoma City, OK
The average cost of homeowners insurance in Oklahoma City is $3,421 per year ($285/month), which is 88.0% above the national average.
Home insurance costs are influenced by local factors including weather risks (hail, wind, flooding), property values, local building costs, and proximity to fire stations.
Renters Insurance in Oklahoma City, OK
Renters insurance in Oklahoma City averages $252 per year ($21/month). Renters insurance is affordable and protects your personal belongings, provides liability coverage, and may cover temporary living expenses if your rental becomes uninhabitable.
Compare with Other Oklahoma Cities
| City | Auto Insurance | Home Insurance |
|---|---|---|
| Tulsa | $2,048/yr | $3,548/yr |
| Norman | $1,719/yr | $3,326/yr |
| Broken Arrow | $1,646/yr | $3,231/yr |
| Edmond | $1,610/yr | $3,326/yr |
| Lawton | $1,920/yr | $2,915/yr |
| Moore | $1,738/yr | $3,643/yr |
| Midwest City | $1,866/yr | $3,010/yr |
| Enid | $1,683/yr | $2,788/yr |
How to Save on Insurance in Oklahoma City
- Shop around. Get quotes from at least 3-5 different insurers. Rates in Oklahoma City can vary by $500 or more between companies for the same coverage.
- Bundle auto and home/renters. Many companies offer 10-25% off when you carry multiple policies.
- Increase your deductible. Raising your deductible from $500 to $1,000 can cut your premium by 15-30%.
- Ask about local discounts. Some insurers offer discounts for anti-theft devices, safe driving courses, or parking in a garage.
- Review coverage annually. Your needs change over time. Make sure you are not paying for coverage you do not need.
Frequently Asked Questions
How much is car insurance in Oklahoma City, OK?
The average cost of car insurance in Oklahoma City, OK is $2,012 per year for full coverage, or about $168 per month. Minimum coverage costs around $845 per year.
Is car insurance expensive in Oklahoma City?
Yes, car insurance in Oklahoma City is above both the state and national averages.
How much is home insurance in Oklahoma City?
Homeowners insurance in Oklahoma City costs an average of $3,421 per year. Your actual cost depends on your home's value, age, construction type, and specific location.