Average homeowners insurance cost in Oklahoma

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Home insurance in Oklahoma costs an average of $5,002 per year for standard coverage.

Your actual cost depends on your dwelling coverage limit and the protection level you choose. Higher coverage means higher premiums. Allstate offers competitive rates in the state, making it a strong option to consider as you compare coverage levels.

Shop around and ask about discounts. Rates vary widely between insurers, and depend on factors like your home’s location, age, construction, roof condition, and claims history-so getting quotes specific to your address and comparing several companies helps you find the best deal.

Key Takeaways

Based on our data, homeowners insurance in Oklahoma costs an average of $5,002 per year.
Among all ZIP codes in Oklahoma, 74145 has the most affordable rates, averaging around $4,264 annually.
For the lowest insurer rates in Oklahoma, Allstate comes in at an average annual premium of $3,697.

What is the average cost of homeowners insurance in Oklahoma?

Homeowners in Oklahoma pay an average of $5,002 per year for a policy with $300,000 in dwelling coverage, $100,000 in liability protection, and a $1,000 deductible.

How much is home insurance in Oklahoma? Cost by coverage level

Homeowners insurance in Oklahoma costs $5,002 per year on average, based on a policy with $300,000 in dwelling coverage, $100,000 in liability, and a $1,000 deductible.

However, if you increase the dwelling coverage limit from $300,000 to $400,000, you will pay $6,595 per year for homeowners insurance in Oklahoma for $100,000 in liability protection and a $1,000 deductible.

The table below shows average homeowners insurance costs in Oklahoma for dwelling coverage from $200,000 to $1 million.

Coverage	Average annual rate	Average monthly rate
$200,000 with $1,000 Deductible and $200,000 Liability and None Hurricane	$3,506	$292
$200,000 with $1,000 Deductible and $300,000 Liability and None Hurricane	$3,513	$293
$300,000 with $1,000 Deductible and $200,000 Liability and None Hurricane	$5,002	$417
$300,000 with $1,000 Deductible and $300,000 Liability and None Hurricane	$5,010	$417
$400,000 with $1,000 Deductible and $200,000 Liability and None Hurricane	$6,595	$550
$400,000 with $1,000 Deductible and $300,000 Liability and None Hurricane	$6,598	$550
$600,000 with $1,000 Deductible and $200,000 Liability and None Hurricane	$9,466	$789
$600,000 with $1,000 Deductible and $300,000 Liability and None Hurricane	$9,457	$788
$1,000,000 with $2,500 Deductible and $200,000 Liability and None Hurricane	$12,694	$1,058
$1,000,000 with $2,500 Deductible and $300,000 Liability and None Hurricane	$12,703	$1,059

Average home insurance cost in Oklahoma by insurer

Allstate has the lowest average homeowners insurance premiums in Oklahoma at $3,697 per year. State Farm and Shelter Insurance also offer competitive rates worth comparing.

Taking the time to shop around can save you a significant amount each year.

The table below shows average annual and monthly rates from insurers in Oklahoma, based on $300,000 in dwelling coverage, $100,000 in liability protection, and a $1,000 deductible.

Company	Average annual rate	Average monthly rate
Allstate	$3,697	$308
State Farm	$3,810	$317
Shelter Insurance	$6,659	$555
Oklahoma Farm Bureau	$6,781	$565
Farmers	$9,400	$783
USAA*	$4,417	$368

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

How to lower your home insurance rate

Shop around. The first quote you receive is rarely the best one. Getting estimates from at least three or four insurers gives you a clearer picture of what’s available in Oklahoma.
Bundle your policies. Combining home and auto insurance, or renters and auto, with the same provider is one of the most common ways to unlock multi-policy discounts.
Ask about smart home discounts. Security systems, smoke detectors, and leak sensors are the kinds of upgrades that can bring your premium down.
Check for other savings. Loyalty discounts, claims-free rewards, and home improvements like fire-resistant roofing are worth asking about at renewal.

How does your ZIP code affect home insurance rates in Oklahoma?

Where you live plays a major role in what you pay for home insurance. Your ZIP code signals the level of risk in your area, so places prone to crime, natural disasters, or costly rebuilds tend to come with higher premiums.

Here’s a look at the most and least affordable ZIP codes for home insurance across Oklahoma.

Most affordable ZIP codes for home insurance in Oklahoma

74145 has the lowest average home insurance rates in Oklahoma, with homeowners paying around $4,264 per year.

Home insurance rates aren’t uniform across Oklahoma. Your ZIP code, in particular, is one of the biggest reasons prices differ from one area to the next.

Below are average rates for some of the most affordable ZIP codes in Oklahoma.

ZIP code	Average annual rate	Average monthly rate
74145	$4,264	$355
74127	$4,277	$356
74136	$4,284	$357
74133	$4,311	$359
74137	$4,324	$360
74011	$4,373	$364
74172	$4,402	$367
74037	$4,428	$369
74171	$4,458	$372
74350	$4,465	$372

Most expensive ZIP codes for home insurance in Oklahoma

73056 carries the highest average home insurance rates in Oklahoma, at $5,973 per year.

ZIP codes with higher premiums typically reflect a combination of elevated crime, greater natural disaster exposure, and higher local costs of living and construction.

Below are average rates for some of the most expensive ZIP codes in Oklahoma.

ZIP code	Average annual rate	Average monthly rate
73056	$5,973	$498
73073	$5,970	$498
74071	$5,721	$477
74047	$5,674	$473
74030	$5,653	$471
74066	$5,652	$471
74079	$5,612	$468
74010	$5,590	$466
74039	$5,589	$466
74026	$5,587	$466

Home insurance rates vary from one city to another. But with Insure.com, finding the right home insurance policy is easy. Learn more about homeowners insurance costs for different cities below.

Home insurance rates in Oklahoma by city

See rates in your city

What’s the trend in home insurance rates for Oklahoma?

From the span of 2023 to 2025, Oklahoma saw home insurance rates decrease by 12%, in line with how the state’s insurance market has been trending overall.

The table below breaks down the year-over-year rate changes going back to 2022:

2022 rates	2023 rates	2025 rates
$4,903	$5,704	$5,002

What are the best homeowners insurance companies in Oklahoma?

Based on our data, Allstate stands out as the top choice in Oklahoma. It earns an AM Best rating of A+ and holds one of the lowest NAIC complaint scores statewide-a strong sign of both reliability and customer satisfaction.

To pinpoint the most trustworthy insurers, we measured each company against two benchmarks:

AM Best Ratings gauge a company’s financial strength and its ability to pay claims when you need it most.
NAIC Complaint Scores compare how often a company is the subject of complaints relative to its size, with lower scores pointing to fewer problems.

Looked at together, these benchmarks give a dependable picture of an insurer’s financial footing and the experience you can expect as a customer. The table below ranks the leading companies in Oklahoma by annual premium, financial rating, and complaint history.

Company	Average annual premium	Am Best Rating	NAIC Complaint Index	Overall score
Allstate	$3,697	A+	1.26	4.39
State Farm	$3,810	A+	1.15	4.38
Shelter Insurance	$6,659	A	0.39	3.93
Oklahoma Farm Bureau	$6,781	B++	0.96	3.69
Farmers	$9,400	A	0.89	3.54
USAA*	$4,417	A++	0.46	4.43

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

How to understand insurer ratings and complaint data

When choosing an insurer, you want to know if the company can pay your claim, and if customers are satisfied with it. Rating agencies track this data so you can make an informed decision at renewal.

Here are the two ratings that we have referred to:

AM Best: A global agency that rates insurers based on their financial strength and ability to pay claims. A higher score means the company is more financially stable.
NAIC Complaint Index: The National Association of Insurance Commissioners tracks consumer complaints. A score below 1.00 means fewer complaints than expected for a company of that size, while a score above 1.00 means more complaints than expected.

What factors affect your home insurance rate?

Home insurance rates come down to how much risk you represent to the insurer. The main factors they weigh:

Where you live. Local crime, weather risk, and how often neighbors file claims.
Your claims history. Past claims usually raise your rate.
Your credit-based insurance score. Weaker credit can mean a higher premium (restricted in some states, like California and Massachusetts).
Your coverage limits and deductible. More coverage or a lower deductible costs more.

Rates have also been climbing across the board. Home insurance premiums for owner-occupied homes rose more than 11% nationwide in 2023, according to S&P Global Market Intelligence’s RateWatch application.

Resources and Methodology

Sources:

S&P Global. “US homeowners insurance rates jump by double digits in 2023.” Accessed August 2026.

Methodology

Insure.com worked with Quadrant Information Services to compile homeowners insurance data, analyzing 37,973,840 quotes from 75 company groups (134 companies) across 34,595 ZIP codes in all 51 states.

Rates are based on a sample homeowner profile with good credit and the following coverage:

$300,000 dwelling coverage
$100,000 liability protection
$1,000 deductible

The national average annual premium (non-hurricane deductible) is $2,543.

Company rankings factor in:

AM Best rating: 30%
NAIC score: 35%
Annual premium: 35%

All quoted rates are for comparison purposes and individual premiums may vary.

Alisha Ambre

Alisha Ambre holds a Bachelor of Arts with honours in English Literature and Media Studies. She focuses on crafting clear, engaging content that makes complex information feel practical and approachable for everyday readers. When she’s not writing, she’s likely on the volleyball court or immersed in a good video game.