Oklahoma City Renters Insurance

The Zebra
July 23, 2019

Renters insurance in Oklahoma City


It's very important to maintain renters insurance if you're renting a home. It covers your rental unit — and the personal property within it — against a variety of harms, including vandalism, wind damage, theft, or fire. As these circumstances are fairly common, the affordable price of renters insurance, and the potentially high cost of replacing your belongings, a renters insurance policy is a solid investment.

The cost of renters insurance relies on a number of factors, including the building's age, its material constitution, its geographic location, and the pricing rules of your insurance company. In areas prone to hail, fire, lightning, or damaging wind, renters insurance could be more expensive to account for the additional risk.

The average yearly cost of renters insurance in Oklahoma City is $272.

Getting affordable renters insurance in Oklahoma City should start with a thorough comparison of the top renters insurance companies. Consult our breakdown of Oklahoma City, Oklahoma renters insurance rates to ensure you're informed and aware heading into the insurance purchasing process. Remember: rates may vary based on your coverage limits and other factors.


Oklahoma City renters insurance:

  1. Rates by company
  2. Rates by coverage level
  3. Car and renters insurance discounts

Renters insurance rates in Oklahoma City — top companies

Insurance premiums in Oklahoma City vary based on the insurance company you choose. For instance, USAA offers the cheapest renters insurance in Oklahoma City, at just $130 per year. That's less expensive than the city's average cost of $272, providing a $142 price cut on the city's normal rates.

Begin your search for a renters insurance policy by reviewing the cheapest companies in Oklahoma City.


CHEAP RENTERS INSURANCE COMPANIES IN OKLAHOMA CITY
CompanyAverage Annual Rate in Oklahoma City
USAA$130
State Farm$170
Shelter$194
American National$198
Travelers$208

Oklahoma City renters insurance pricing by coverage tier

The cost of your renters insurance depends on the amount of coverage you opt to carry. Two of the most common levels of renters insurance coverage are $25,000 and $50,000. In Oklahoma City, the annual cost differential between these levels is approximately $122. If you can afford the up-front expense, it's worth considering.

Coverage LevelAverage Annual Rate in Oklahoma City
$25K Property$211
$50K Property$334

Money-saving tip: bundle your renters and auto insurance policies

If you’re seeking ways to save on your insurance expenditures, consider carrying your renters and auto policies with the same insurance company. Bundling renters and car insurance in Oklahoma City can lead to substantial savings. In fact, bundling renters and auto insurance leads to average savings of 6.7% on car insurance rates. The car insurance company offering the most affordable rate with a renters bundle is GEICO, followed by Oklahoma Farm Bureau and Farmers.


AUTO AND RENTERS INSURANCE BUNDLING SAVINGS IN OKLAHOMA CITY
Annual Bundle SavingsBundle Savings %
$1146.7%

Need renters insurance? Talk to an expert today.