Oklahoma City Homeowners Insurance

The Zebra
Aug. 26, 2019

How to find affordable home insurance in Oklahoma City


Home insurance should be a critical consideration for every homeowner. It covers your dwelling — and the personal property within it — against a variety of perils, including fire, theft, vandalism, or wind damage. Given the relatively frequent occurrence of these incidents and the significant cost of replacing a home, a homeowners insurance policy is a solid investment.

The price of a homeowners insurance policy factors in variables such as the cost of building materials, the value of your personal belongings, and the overall value of the primary dwelling. The location of your home can also play a large role in home much you pay for homeowners insurance. Some areas are more susceptible to perils like fire, hail, frozen pipes, volcanoes, or other hazards. These can make your insurance policy even more expensive. Find out more information about what is covered by a homeowners insurance policy.

Finding cheap home insurance in Oklahoma City starts with shopping around and comparing policies. Check out the below summary of average home insurance rates in Oklahoma City to help you get as much information as possible when you start your search for homeowners insurance. One thing to note is that the yearly cost of homeowners coverage is determined based on your chosen coverage limits as well as a number of other rating factors.


Oklahoma City, Oklahoma, homeowners insurance:
  1. Rates by company
  2. Rates by coverage level
  3. Rates by ZIP code
  4. Insurance bundle discounts

Homeowners insurance in Oklahoma City by insurance company

What you pay for homeowners insurance in Oklahoma City will depend on the insurance company you get your policy through. The most affordable home insurance in Oklahoma City is Safeco offering average annual rates at just $1,949 per year. This is considerably cheaper than the city’s average homeowners premium of $4,584.

Below you'll find a list of the cheapest homeowners insurance companies in Oklahoma City, Oklahoma to help you begin your search.


CHEAP HOME INSURANCE COMPANIES IN OKLAHOMA CITY
CompanyAverage Annual Rate
Safeco$1,949
American National$3,419
Liberty$3,476
Farmers$3,683
USAA$4,045

Average homeowners insurance costs in Oklahoma City by coverage level

How much you spend on home insurance coverage is greatly impacted by the level of coverage you choose. In Oklahoma City, carrying $200K dwelling coverage costs an average of $3,226, while carrying additional coverage up to $400K costs $5,793 per year.


HOMEOWNERS INSURANCE RATES IN OKLAHOMA CITY — POPULAR COVERAGE LIMITS
Coverage LevelAverage Annual Rate
$200K Dwelling$3,226
$400K Dwelling$5,793

Speak with a homeowners insurance expert

Oklahoma City home insurance rates by ZIP code

Depending on the part of Oklahoma City you live in, you could see a big difference in your home insurance costs. The amount of claims filed in your local area can be a factor in determining the price of your policy. Put simply, the neighborhood you live in could have a huge impact in what you pay for home insurance.

To find the cheapest homeowners insurance premiums in Oklahoma City, look no further than 73160. In the 73160 area, homeowners policies typically cost just $4,493 per year — a full $91 less than the Oklahoma City average. Find the best places to live in Oklahoma City for cheap home insurance by looking at the table below.


AFFORDABLE AREAS FOR HOMEOWNERS INSURANCE IN OKLAHOMA CITY
ZIP CodeAverage Annual Home Insurance Rate
73160$4,493
73135$4,505
73167$4,506

On the other hand, some areas of Oklahoma City face higher homeowners insurance costs, on average. These areas might face a higher risk of perils such as fires or severe weather events. Similarly, they may also have a higher amount of crimes such as burglary or vandalism. One of the costliest ZIP codes for home insurance in Oklahoma City is 73179, with an annual average rate of $4,695.


EXPENSIVE AREAS FOR HOMEOWNERS INSURANCE IN OKLAHOMA CITY
ZIP CodeAverage Annual Home Insurance Rate
73179$4,695
73131$4,693
73141$4,677

Money-saving tip for home and auto insurance in Oklahoma City: bundling

If saving money is your primary concern, it might be worth insuring your home and auto through the same insurance company. Bundling homeowners and auto insurance can save you a substantial sum each month on your auto insurance bill. Bundling policies in Oklahoma City could, in fact, lead to average annual savings of 10%.


CHEAPEST AUTO INSURANCE RATES WITH HOME BUNDLE IN OKLAHOMA CITY
CompanyAvg. Annual Auto Insurance Rate (Bundle)
GEICO$728
Erie$749
State Farm$906
Progressive$992
Nationwide$1,260

A great way to save on insurance is to bundle your home and auto policies with the same insurance company. Call 855-493-9728 to speak with an expert today.


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