Best cheap car insurance in Tulsa for 2024

Best car insurance companies in Tulsa

When looking for the best car insurance in Tulsa, our insurance editorial team reviewed average rates sourced from Quadrant Information Services. Price is likely to be only one characteristic that matters to you, though, so we also looked at indicators of quality like discount opportunities, optional coverage availability and customer service rankings. We assigned each company a Bankrate Score of 0 to 5. The higher a company performed across these different key categories and more, the higher score it earned. Bankrate Scores can be used as a tool to provide a quantitative overview of how a company may be able to meet your insurance needs.

The cheapest car insurance companies in Tulsa

To find the cheapest rates in Tulsa, we sourced data on average premium costs from Quadrant Information Services. Average Oklahoma rates are comparable to national averages, but your rate is likely to differ from the averages since it is based on information that is unique to you, your car and your situation.

The top five cheapest car insurance companies in the city for minimum coverage are as follows:

How much is car insurance in Tulsa, Oklahoma?

Car insurance in Tulsa costs, on average, $2,811 for full coverage annually, while state-mandated minimum coverage is $657. These rates are slightly above the Oklahoma averages, which are $2,631 for full and $558 for minimum coverage annually, respectively. Often, city rates are slightly higher because the congested traffic that's common on city streets can lead to a higher number of accidents. More accidents may mean more insurance claims, so companies typically increase their rates in city ZIP codes to compensate.  

Tulsa rates for teens

Teen drivers tend to pay high rates for their coverage, since they are likely to lack experience behind the wheel and are more prone to risky behaviors like texting while driving. Statistics show that they have more accidents than any other age group, and that generally leads to a higher rate of claims. Finding affordable rates for teens is possible, though, and the following companies may be a good place to start your search. The rates below are for teens on their parents' policy, since in most cases, teens cannot have their own policy until they reach 18.

Tulsa rates for young drivers

Once young drivers reach young adulthood, their rates should start to decrease, as long as they are proving themselves to be good drivers with few, if any, violations on their driving record. It’s worth noting that young drivers who move out on their own and purchase their own policy will typically see an increased rate from when they were on their parents’ policy. The rates are likely to continue to drop, however, as they age through their twenties and maintain a clean driving record.

Tulsa rates for adults

All other factors being equal, rates should continue to drop for adults in their 20s, 30s, 40s and 50s. Finding cheap insurance companies in Tulsa becomes easier as drivers age since they are statistically less likely to file claims as they continue to gain experience behind the wheel. If you are looking for cheap car insurance companies, you may want to consider the following average rates for reference.

Tulsa rates for senior drivers

The trend toward lower rates usually continues until drivers enter their 70s. At that age, slower response time and compromised eyesight can lead to an increased number of accidents. Because of this, they may see a slight increase in rates that continues through their 80s and 90s.

The cheapest car insurance in Tulsa by driving record

Your driving record is a primary factor that helps determine the rate you will pay for your policy. As you might expect, drivers with an excellent record are likely to pay lower rates than those with one or more moving violations on their license. Insurers assume that poor driving habits in the past may lead to future violations and possible claims against the policy. Bankrate's research, however, uncovered a handful of companies writing affordable policies for those with a challenging driving record.

Car insurance with a speeding ticket in Tulsa

Drivers in Tulsa who have earned a speeding ticket pay an average of 20 percent more for their minimum coverage policy than the Tulsa average. More than one ticket may increase the rate even more. There are companies, however, with a demonstrated reputation for writing cheap policies for those with one or more tickets, including the following. 

Car insurance after an accident in Tulsa

Drivers with an at-fault accident on their record pay an average of 43 percent more for minimum coverage than Tulsa drivers without one. The exception to this would be drivers who have an accident forgiveness endorsement on their policies. This optional rider will, in general, "forgive"  a first accident and eliminate any surcharge for it on the premium rate. Drivers who have been in an at-fault accident might be able to find reasonably-priced insurance with the following carriers.

Car insurance after a DUI in Tulsa

Many insurers consider a DUI or DWI to be one of the most serious infractions you can earn, and they compensate for this by increasing your premium. Tulsa drivers with a DUI pay an average of 61 percent more for minimum coverage than the Tulsa average. Drivers who have earned a DUI may want to consider taking steps such as enrolling in a defensive driving course, which can both improve your driving skills as well as earn you a discount in many cases. Note that not all carriers will write policies for drivers with a DUI on their record.

Frequently asked questions

Methodology

Bankrate utilizes Quadrant Information Services to analyze November 2024 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. Quoted rates are based on a single, 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:

• $100,000 bodily injury liability per person
• $300,000 bodily injury liability per accident
• $50,000 property damage liability 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 base profile drivers own a 2022 Toyota Camry, commute five days a week and drive 12,000 miles annually. 

These are sample rates and should only be used for comparative purposes. 

Incidents: Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), at-fault accident, single speeding ticket and single DUI conviction.

Age: Rates were calculated by evaluating our base profile with the ages 20-70 (base: 40 years) applied. Depending on age, drivers may be a renter or homeowner. Age is not a contributing rating factor in Hawaii and Massachusetts due to state regulations.

Teens: Rates were determined by adding a 16- or 18-year-old teen to their 40-year-old married parents' policy. The rates displayed reflect the total cost of a driver this age added to their parents’ policy. 

Bankrate Score

Our 2024 Bankrate Score considers variables our insurance editorial team determined impacts policyholders’ experiences with an insurance company. These rating factors include a robust assessment of each company’s product availability, financial strength ratings, online capabilities and customer and claims support accessibility. Each factor was added to a category, and these categories were weighted in a tiered approach to analyze how companies perform in key customer-impacting categories. 

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, 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 NAIC, were analyzed.
• 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 an auto 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 a company’s corporate sustainability efforts.