Best condo insurance companies in Oklahoma
In Oklahoma, you have a lot of options when it comes to finding the best condo insurance company. To make your task easier, our insurance experts have analyzed premiums, coverage offerings, scores, and ratings from sources like the National Association of Insurance Commissioners (NAIC) and AM Best for major insurance companies in Oklahoma. Below are the best condo insurance companies in Oklahoma based on Insurance.com’s analysis.
| Company | Annual premium | AM Best rating | NAIC | Insurance.com rating |
|---|---|---|---|---|
| Oklahoma Farm Bureau | $393 | A- | 0.40 | |
| Shelter Insurance | $460 | A | 0.42 | |
| Farmers | $779 | A | 0.54 | |
| State Farm | $579 | A++ | 0.95 | |
| Allstate | $1,255 | A+ | 0.90 |
Average cost of condo insurance in Oklahoma
The average cost of condo insurance in Oklahoma is $1,071 a year or $89 a month with $1,000 as deductible, $60,000 in personal property coverage, and liability coverage of $300,000. Your average annual premium will vary depending on your location, the coverage limits you select, and the deductible amount among other factors.
To find the most affordable policy for your situation, compare quotes from multiple providers based on the coverage you need.
| Average annual premium | Average monthly premium |
|---|---|
| $1,071 | $89 |
Condo insurance calculator
Average condo insurance rates in OklahomaMost & least expensive ZIP codes for condo insurance in Oklahoma
Most expensive
| ZIP code | City | Highest rate |
|---|---|---|
| 74171 | Tulsa | $1,209 |
| 74046 | Milfay | $1,204 |
| 74569 | Stringtown | $1,191 |
| 74435 | Carlisle | $1,168 |
Least expensive
| ZIP code | City | Lowest rate |
|---|---|---|
| 73097 | Wheatland | $951 |
| 73019 | Norman | $957 |
| 74350 | Langley | $968 |
| 74340 | Disney | $969 |
Condo insurance rates in Oklahoma by coverage level
Based on a rate study by Insurance.com, Oklahoma Farm Bureau provides the lowest condo insurance rates in Oklahoma based on our standard coverage sample of $60,000 for personal property coverage, $300,000 for liability coverage and a $1,000 deductible.
Shelter Insurance is the next cheapest option, offering low-cost condo insurance in Oklahoma at $460 per year. However, rates vary by coverage level.
The table below shows condo insurance rates from several top companies at various coverage levels.
| Company | $40,000 contents/$100,000 liability | $40,000 contents/$300,000 liability | $60,000 contents/$100,000 liability | $60,000 contents/$300,000 liability | $80,000 contents/$100,000 liability | $80,000 contents/$300,000 liability | $100,000 contents/$100,000 liability | $100,000 contents/$300,000 liability |
|---|---|---|---|---|---|---|---|---|
| Oklahoma Farm Bureau | $336 | $339 | $390 | $393 | $445 | $448 | $498 | $501 |
| Shelter Insurance | $397 | $407 | $450 | $460 | $502 | $512 | $555 | $565 |
| State Farm | $505 | $512 | $572 | $579 | $623 | $630 | $670 | $677 |
| Farmers | $640 | $668 | $751 | $779 | $866 | $894 | $979 | $1,007 |
| Allstate | $919 | $949 | $1,225 | $1,255 | $1,530 | $1,560 | $1,835 | $1,865 |
| USAA | $1,465 | $1,465 | $1,617 | $1,617 | $1,751 | $1,751 | $1,867 | $1,867 |
Condo insurance rates by company in Oklahoma
Rates for condo insurance by company in Oklahoma vary. It’s important to shop around and compare quotes to find the best price.
In the table given below, you’ll see condo insurance rates for major companies in Oklahoma. The cheapest company for condo insurance in Oklahoma is Oklahoma Farm Bureau. Shelter Insurance, and State Farm, are the second and third cheapest options.
| Company | Average annual rate | Average monthly rate |
|---|---|---|
| Oklahoma Farm Bureau | $393 | $33 |
| Shelter Insurance | $460 | $38 |
| State Farm | $579 | $48 |
| Farmers | $779 | $65 |
| Allstate | $1,255 | $105 |
| USAA | $1,617 | $135 |
Compare condo insurance rates by city in Oklahoma
Condo insurance rates vary significantly across cities, influenced by various factors, including weather patterns, crime rates, and property values. You must consider these factors and compare quotes from different insurers to get the best deal on condo insurance for your specific city in Oklahoma.
City Annual insurance premium
Methodology
Insurance.com compared condo insurance rates provided by Quadrant Data Solutions in 2023 for $60,000 of personal property coverage with a $1,000 deductible and $300,000 of liability coverage for all available ZIP codes and with a good credit score. The content was updated in 2024.
Compare Oklahoma condo insurance rates with other states
Helpful home insurance tools and calculators
You might also be interested in- Best and cheapest non-owner car insurance in Oklahoma
- Oklahoma gap insurance: Everything you need to know
- Low-income car insurance in Oklahoma
- Oklahoma car insurance guide
- Cheapest car insurance for high-risk drivers in Oklahoma
- Cheapest home and auto insurance bundle in Oklahoma
- Best cheap car insurance in Oklahoma for 2024
- Best and cheapest renters insurance in Oklahoma
- Best and cheapest homeowners insurance in Oklahoma for 2024