By: Ishan Mukhopadhyay Jul. 27, 2018

A survey of car insurance premiums for Oklahoma City, OK, revealed that consumers can save between $318 and $1,380 depending on the companies they choose. This survey was conducted by Raltin using information from the OK.GOV website. The greatest difference between the median and cheapest car insurance prices was for 16-year-old boys driving less than 7,500 miles annually. The cheapest car insurance policy for this cohort of drivers is offered by Geico Casualty Company at $1,650, while the median policy is offered by Shelter Mutual Insurance Company at $3,030.

For 21-year-old single men driving 12,000 miles annually, the cheapest premium is offered by Geico Casualty Company, at $410. The difference from the median rate for this cohort stands at a significant amount of $ 1,139. For 21-year-old single women driving 12,000 miles annually, this difference stands at $998. Once again, Geico Casualty Corporation offers the cheapest rate for this cohort, at $435.

For 16-year-old girls driving 12,000 miles annually, the most expensive premium is offered by LM General Insurance Company, at $5,743. Consumers can make significant savings of up to $3,353 by buying a median-priced premium ($2,390) for this cohort of drivers.

Geico Casualty Company offers the cheapest car insurance premiums for 9 of the 10 driver cohorts analyzed for Oklahoma City, OK. On the other hand, LM General Insurance Company offers the most expensive premiums in 8 of the 10 cohorts analyzed.

The following graph shows a comparison of car insurance premium rates across companies for Oklahoma City, OK.

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The following table compares the car insurance premiums for key companies in Oklahoma City, OK. In addition, the table lists the names of companies included in the study and the differences between the median and cheapest or most expensive rates.

CohortCheapest Car Insurance Companies in Oklahoma, OKSecond Cheapest Car Insurance Companies in Oklahoma, OKMedian Car Insurance Companies in Oklahoma, OKMost Expensive Car Insurance Companies in Oklahoma, OKSecond Most Expensive Car Insurance Companies in Oklahoma, OKDifference between the Cheapest and Median PricesDifference in Price between the Most Expensive and Median Prices
70-year-old married mendriving 7500 miles annuallyGEICO CASUALTY COMPANY ($333)UNITED SERVICES AUTOMOBILE ASSOCIATION(USAA) ($348)SAFECO INSURANCE COMPANY OF AMERICA ($757)LM GENERAL INSURANCE COMPANY ($1,586)EQUITY INSURANCE COMPANY ($1,460)$424$829
21-year-old single mendriving 12,000 miles annuallyGEICO CASUALTY COMPANY ($410)UNITED SERVICES AUTOMOBILE ASSOCIATION(USAA) ($608)OKLAHOMA FARM BUREAU MUTUAL INS. CO. ($1,549)TRADERS INSURANCE COMPANY ($2,567)LM GENERAL INSURANCE COMPANY ($2,486)$1,139$1,018
16-year-old single boys driving less than 7500 miles annuallyGEICO CASUALTY COMPANY ($1,650)UNITED SERVICES AUTOMOBILE ASSOCIATION(USAA) ($1,719)SHELTER MUTUAL INSURANCE COMPANY ($3,030)LM GENERAL INSURANCE COMPANY ($6,027)PROGRESSIVE NORTHERN INSURANCE COMPANY ($5,379)$1,380$2,997
21-year-old single women driving 12000 miles annuallyGEICO CASUALTY COMPANY ($435)UNITED SERVICES AUTOMOBILE ASSOCIATION (USAA) ($537)AMERICAN FARMERS & RANCHERS MUTUAL INS. CO ($1,433)LM GENERAL INSURANCE COMPANY ($2,464)TRADERS INSURANCE COMPANY ($1,894)$998$1,031
70-year-old married women driving 7500 miles annuallyGEICO CASUALTY COMPANY ($333)UNITED SERVICES AUTOMOBILE ASSOCIATION(USAA) ($344)STANDARD FIRE INSURANCE COMPANY ($651)EQUITY INSURANCE COMPANY ($1,377)LM GENERAL INSURANCE COMPANY ($1,271)$318$726
55-year-old married men driving 12,000 miles annuallyGEICO CASUALTY COMPANY ($266)UNITED SERVICES AUTOMOBILE ASSOCIATION(USAA) ($327)SAFECO INSURANCE COMPANY OF AMERICA ($716)LM GENERAL INSURANCE COMPANY ($1 463)HARBOR INSURANCE COMPANY ($1 122)$450$747
16-year-old single girls driving 12,000 miles annuallyOKLAHOMA FARM BUREAU MUTUAL INS. CO. ($1,367)UNITED SERVICES AUTOMOBILE ASSOCIATION(USAA) ($1,545)AMERICAN FARMERS & RANCHERS MUTUAL INS. CO ($2,390)LM GENERAL INSURANCE COMPANY ($5,743)PROGRESSIVE DIRECT INSURANCE COMPANY ($4,756)$1,023$3,353
55-year-old married women driving 12000 miles annuallyGEICO CASUALTY COMPANY ($266)UNITED SERVICES AUTOMOBILE ASSOCIATION(USAA) ($328)SAFECO INSURANCE COMPANY OF AMERICA ($663)LM GENERAL INSURANCE COMPANY ($1,303)EQUITY INSURANCE COMPANY ($1,172)$397$640
36-year-old married women driving 12,000 miles annuallyGEICO CASUALTY COMPANY ($290)UNITED SERVICES AUTOMOBILE ASSOCIATION(USAA) ($345)PROGRESSIVE NORTHERN INSURANCE COMPANY ($799)LM GENERAL INSURANCE COMPANY ($1,370)FARMERS INSURANCE COMPANY ($1,170)$509$571
36-year-old married men driving 12000 miles annuallyGEICO CASUALTY COMPANY ($290)UNITED SERVICES AUTOMOBILE ASSOCIATION(USAA) ($342)STANDARD FIRE INSURANCE COMPANY ($823)LM GENERAL INSURANCE COMPANY ($1,467)FARMERS INSURANCE COMPANY ($1,170)$533$644


ABOUT THE AUTHOR

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Ishan Mukhopadhyay

Ishan has over 5 years of experience as a freelance journalist and a content writer. He graduated from The English and Foreign Languages University and holds a Masters degree from the University of Hyderabad. Apart from the English language, Ishan's other passion is data driven journalism.

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