Oklahoma condo insurance in 2025

Why you can trust Insure.com

Quality Verified

At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry.

If you’re shopping for condo insurance in Oklahoma, you can expect to pay an average of $1,071 a year. However, you can save on your premiums by shopping around.

Oklahoma Farm Bureau and Shelter Insurance offer the most affordable condo insurance rates in Oklahoma, with average premiums of $393 and $460, respectively. These quotes are for a policy that includes $60,000 in personal property coverage, $300,000 in liability protection, and a $1,000 deductible.

Keep reading for a closer look at condo insurance costs in Oklahoma by company, coverage amount, and other key factors.

Key Takeaways

Condo insurance in Oklahoma costs an average of $1,071 annually or $89 a month.
Condo owners in Oklahoma will find the most affordable insurance rates with Oklahoma Farm Bureau, Shelter Insurance, and State Farm.
Shop around and compare your options to find the best condo insurance in Oklahoma.

Average cost of condo insurance in Oklahoma

The average cost of condo insurance in Oklahoma is $1,071 per year, or about $89 per month. That’s based on a sample policy with $60,000 in personal property coverage, $300,000 in liability protection, and a $1,000 deductible.

Condo insurance in Oklahoma costs $415 more than the national average of $656.

Average annual premium	Average monthly premium
$1,071	$89

Compare condo insurance rates in Oklahoma by coverage level

Condo insurance rates depend on the coverage limits you select. For example, a policy with $40,000 in personal property coverage, $100,000 in liability protection, and a $1,000 deductible costs around $929 per year.

If you increase the personal liability coverage from $100,000 to $300,000, your rates will increase to $940 a year.

If you raise personal property coverage to $60,000 – while keeping liability at $100,000 and the deductible at $1,000 – you can expect to pay around $1,061 per year for condo insurance in Oklahoma.

“Condo insurance provides a comprehensive and standardized package of coverages for the condominium owner. The insured gets coverage for both property and liability exposures, as well as assessment coverages. Assessments can result after a neighborhood association suffers damage to a piece of commonly owned property, such as the pool house or the leasing office,” says Brenda Wells, chair of the Department of Finance and Insurance at East Carolina University.

How much condo insurance coverage you need will impact the price of your policy. Below, you’ll see rates for condo insurance in Oklahoma at various coverage levels so you know what to expect.

Coverage level	Average annual rates	Average monthly rates
40000 with 1000 Deductible and 100000 Liability and None Hurricane	$929	$77
40000 with 1000 Deductible and 300000 Liability and None Hurricane	$940	$78
60000 with 1000 Deductible and 100000 Liability and None Hurricane	$1,061	$88
60000 with 1000 Deductible and 300000 Liability and None Hurricane	$1,071	$89
80000 with 1000 Deductible and 100000 Liability and None Hurricane	$1,184	$99
80000 with 1000 Deductible and 300000 Liability and None Hurricane	$1,194	$100
100000 with 1000 Deductible and 100000 Liability and None Hurricane	$1,298	$108
100000 with 1000 Deductible and 300000 Liability and None Hurricane	$1,309	$109

Average condo insurance cost from top companies in Oklahoma

Condo insurance rates vary by company. Oklahoma Farm Bureau offers the most affordable condo insurance rates in Oklahoma at an average annual cost of $393. It’s followed by Shelter Insurance at $460 and State Farm at $579.

Below, you’ll see rates from the top condo insurance companies in Oklahoma.

Company	Average annual rates	Average monthly rates
Oklahoma Farm Bureau	$393	$33
Shelter Insurance	$460	$38
State Farm	$579	$48
Farmers	$779	$65
Allstate	$1,255	$105
USAA*	$1,617	$135

*USAA is only available to military community members and their families.

Condo insurance cost by city in Oklahoma

Where you live in Oklahoma also affects what you pay for condo insurance. Below are the average condo insurance rates for major cities in Oklahoma. The cheapest city for condo insurance in Oklahoma is Norman at an average rate of $1,012 .

City	Average annual rates	Average monthly rates
Norman	$1,012	$84
Enid	$1,015	$85
Moore	$1,023	$85
Stillwater	$1,025	$85
Midwest City	$1,037	$86
Edmond	$1,066	$89
Oklahoma City	$1,069	$89
Lawton	$1,088	$91
Tulsa	$1,113	$93
Broken Arrow	$1,130	$94

Best condo insurance companies in Oklahoma

Rates aren’t everything; you want a condo insurance company with a good reputation and strong customer service, too. We analyzed rates, customer service ratings and financial stability scores to find the best condo insurance companies in Oklahoma.

Oklahoma Farm Bureau tops the list of the best condo insurance companies with an overall rating of 4.6 out of 5. The insurer received an B++ rating from AM Best and a score of 0 from NAIC.

Apart from Oklahoma Farm Bureau, Shelter Insurance and State Farm made it to the top three on our best condo insurance companies rankings, with an overall ranking of 4.43 and 4.03, respectively.

Company group	Annual premium	AM Best	NAIC rating	Insure.com rating
Oklahoma Farm Bureau	$393	B++	0	4.6
Shelter Insurance	$460	A	0.39	4.43
State Farm	$579	A++	1.01	4.03
Farmers	$779	A	0.81	3.64
Allstate	$1,255	A+	1.32	2.62
USAA*	$1,617	A++	0.43	3.31

*USAA is only available to military community members and their families.

Condo insurance rates can vary based on location, coverage limits and the insurer you choose. On average, you’ll pay $89 per month for condo insurance in Oklahoma, but your rate may be higher or lower depending on your situation. That’s why shopping around and comparing quotes from different insurers is important to get the best deal.

Frequently asked questions

Is condo insurance required in Oklahoma?

No state law requires condo insurance. However, if you have a mortgage on your condo, your lender will require that you have a condo insurance policy.

What affects condo insurance costs in Oklahoma?

Condo insurance rates are affected by several factors, including where the condo is located, your credit history, how much coverage you need and claims history (both yours and the unit’s).

“A condominium is an individual unit inside a structure filled with adjoining residential units. The same factors that affect the rates on any other residential structure affect the rates on condominiums. The main things we look at in setting insurance rates are the building’s construction and safety features, the geographic location and the occupancy or use of the property,” Wells says.

How does the condo association’s master policy affect my insurance coverage?

The master policy of your condo association generally covers the exterior of the building and common areas, but not your unit. Your condo insurance (HO-6) covers your unit’s interior and personal belongings and liability protection in case someone is injured inside your unit.

What our expert says

Q: What affects condo insurance rates?

Brenda WellsChair of the Department of Finance and Insurance at East Carolina University.

"The same factors that affect the rates on any other residential structure affect the rates on condominiums. The main things we look at in setting insurance rates are the buildings construction and safety features, the geographic location, and the occupancy or use of the property."

Methodology

Insure.com commissioned condo insurance rates from Quadrant Data Services for condo (HO-6) insurance policies in all 50 states and Washington, D.C. Rates were fielded for a condo insurance policy with coverage levels of $40,000, $60,000 and $100,000 for personal property and at $100,000 and $300,000, with a $1,000 deductible.

Rates were fielded from 34,588 ZIP codes and 145 companies and were based on a good credit tier where credit is used in calculating rates.

For the best insurance companies rankings, if two companies received the same overall score, the company with the lower average rate was ranked higher and the second company was placed immediately after.

Shivani Gite

Contributing Writer

Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions.