Average homeowners insurance cost in Oklahoma

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Home insurance in Oklahoma costs an average of $5,749 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. State Farm 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

Homeowners insurance costs an average of $5,749 a year, based on our data.
Of all the ZIP codes in Oklahoma, 74960 has the most affordable home insurance rates at around $4,952 annually.
In Oklahoma, State Farm provides the most affordable home insurance at an average annual premium of $4,121.

What is the average cost of homeowners insurance in Oklahoma?

Homeowners in Oklahoma pay an average of $5,749 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

The typical homeowners insurance policy in Oklahoma runs $5,749 per year, assuming $300,000 in dwelling coverage, $100,000 in liability, and a $1,000 deductible.

Stepping up to $400,000 in dwelling coverage, with the same liability and deductible settings, brings the average annual cost to $7,164 in Oklahoma.

The table below outlines average annual and monthly premiums across three dwelling coverage levels: $300,000, $400,000, and $500,000.

Coverage	Average annual rate	Average monthly rate
$200,000 with $1,000 Deductible and $100,000 Liability and None Deductible	$4,356	$363
$200,000 with $1,000 Deductible and $300,000 Liability and None Deductible	$4,442	$370
$300,000 with $1,000 Deductible and $100,000 Liability and None Deductible	$5,749	$479
$300,000 with $1,000 Deductible and $300,000 Liability and None Deductible	$5,858	$488
$400,000 with $1,000 Deductible and $100,000 Liability and None Deductible	$7,164	$597
$400,000 with $1,000 Deductible and $300,000 Liability and None Deductible	$7,294	$608
$600,000 with $1,000 Deductible and $100,000 Liability and None Deductible	$10,252	$854
$600,000 with $1,000 Deductible and $300,000 Liability and None Deductible	$10,415	$868
$1,000,000 with $1,000 Deductible and $100,000 Liability and None Deductible	$15,849	$1,321
$1,000,000 with $1,000 Deductible and $300,000 Liability and None Deductible	$16,061	$1,338

Average home insurance cost in Oklahoma by insurer

State Farm has the lowest average homeowners insurance premiums in Oklahoma at $4,121 per year. Oklahoma Farm Bureau and Allstate 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
State Farm	$4,121	$343
Oklahoma Farm Bureau	$4,222	$352
Allstate	$4,453	$371
Shelter Insurance	$5,463	$455
Farmers	$7,855	$655
USAA*	$6,267	$522

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

How to lower your home insurance rate

Shop around. A single quote won’t tell you much. Comparing rates from three or four different insurers in Oklahoma is the surest way to find a competitive price.
Bundle your policies. Pairing home and auto insurance, or renters and auto, with the same provider is a straightforward way to qualify for multi-policy discounts.
Ask about smart home discounts. Home security systems, smoke detectors, and leak detection devices are upgrades that many insurers reward with lower premiums.
Check for other savings. It’s worth asking your insurer about loyalty discounts, claims-free incentives, and credits for improvements like fire-resistant roofing materials.

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

Your ZIP code is one of the biggest factors in your home insurance rate, because it tells the insurer how much risk comes with your location. Areas with higher crime rates, frequent natural disasters, or high rebuilding costs are treated as higher-risk-and that pushes premiums up.

Below are the most affordable and most expensive ZIP codes for home insurance in Oklahoma

Most affordable ZIP codes for home insurance in Oklahoma

The lowest rates in Oklahoma are found in 74960, where homeowners pay an average of $4,952 per year.

Where you live in Oklahoma has a real impact on what you’ll pay for home insurance – and your ZIP code is one of the largest drivers of that difference.

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

ZIP code	Average annual rate	Average monthly rate
74960	$4,952	$413
74344	$4,961	$413
74331	$4,962	$413
74941	$4,994	$416
74965	$5,008	$417
74901	$5,020	$418
74959	$5,037	$420
74339	$5,038	$420
74333	$5,049	$421
74954	$5,051	$421

Most expensive ZIP codes for home insurance in Oklahoma

73128 carries the highest average home insurance rates in Oklahoma, at $6,904 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
73128	$6,904	$575
73162	$6,877	$573
73645	$6,866	$572
73142	$6,850	$571
73173	$6,836	$570
73134	$6,824	$569
73179	$6,811	$568
73858	$6,804	$567
73132	$6,787	$566
73127	$6,777	$565

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 are the best homeowners insurance companies in Oklahoma?

Based on our data, Shelter Insurance 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
Shelter Insurance	$5,463	A	0.42	5
Oklahoma Farm Bureau	$4,222	A-	0.4	4.93
State Farm	$4,121	A++	0.95	3.93
Allstate	$4,415	A+	0.9	3.85
Farmers	$7,286	A	0.54	3.45

How to understand insurer ratings and complaint data

Picking an insurer really comes down to whether they pay when you file a claim, and whether they treat you well along the way. You don’t have to guess – independent rating agencies track this data so you can choose with confidence, whether you’re signing up or renewing.

These are the two ratings we’ve used:

AM Best is a global agency that scores insurers on their financial strength and ability to pay claims. The higher the rating, the more stable the company.
NAIC Complaint Index, run by the National Association of Insurance Commissioners, tracks consumer complaints. A score of 1.00 is the industry average; below 1.00 means fewer complaints than expected for the company’s size, and above 1.00 means more.

What factors affect your home insurance rate?

Insurers price home insurance based on the level of risk your property and profile represent. They decide that based on:

Where you live. Local crime rates, weather exposure, and claims frequency in your neighborhood all influence your rate.
Your claims history. A history of past claims typically results in a higher premium.
Your credit-based insurance score. In most states, a lower credit score can mean a higher premium (Restricted in some states, like California and Massachusetts).
Your coverage limits and deductible. Higher coverage or a lower deductible will increase what you pay.

It’s also worth noting that home insurance costs have been rising broadly. According to S&P Global Market Intelligence’s RateWatch application, premiums for owner-occupied homes climbed more than 11% nationwide in 2023.

Resources and methodology

Source

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

Methodology

Insure.com worked with Quadrant Information Services to compile homeowners insurance data, analyzing 20,739,560 quotes from 82 national and regional insurers across 34,588 ZIP codes.

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

Company rankings factor in average annual cost, NAIC score, and AM Best rating. 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.