Oklahoma home insurance rates increased roughly 50% during a 5 year period ending in 2015 as homeowners embraced continuous wind and hail storms, especially within the western one-half of the state.
These increases have Oklahoma homeowners scrambling to find quality home insurance with stable companies without the high cost that many insurers are still trying to charge.
In our opinion, the following 4 companies offer the greatest home insurance value in Oklahoma and, in our opinion, these companies will have the best chance of saving Oklahoma consumers money as you seek quotes for your homeowners insurance needs. All 4 of these companies offer outstanding coverage, excellent claims service and they usually have a lower cost than competitors.
1. Safeco Insurance ( a Liberty Mutual Company)
2. Travelers Insurance
3. State Farm Insurance
4. Allstate Insurance
May 5, 2018 Consumer Update: 3 of the last 4 years have been very profitable for the companies offering home insurance quotes in Oklahoma. As a result, we are starting to see some companies offer better rates in many situations. Also, Progressive Insurance has come into Oklahoma offering an excellent home insurance policy and oftentimes the rate is outstanding. I have confidence that Progressive will be consistent and provide and excellent home insurance value for Oklahoma customers. As a result, here is my new, updated rankings….
- Progressive Insurance
- Safeco Insurance ( a Liberty Mutual Company)
- Travelers Insurance
- Allstate Insurance
- State Farm Insurance
I have moved Allstate above State Farm because Allstate has a better home insurance cost right now. However, long-term, State Farm will provide good value relative to other premium cost carriers, in my opinion.
Statewide Insurance Agency represents Progressive, Safeco Insurance and Travelers Insurance but not State Farm or Allstate.