Best Cheap Car Insurance Companies for High-Risk Drivers in Oklahoma

Due to the risk of more claims being filed by high-risk drivers, auto insurance is higher for them. A simple way to reduce your high-risk auto insurance premium is to compare quotes from different companies and leverage discounts they may have available.

High-risk drivers in Oklahoma can find the best overall value from State Farm at around $1,148 per year while getting the best combination of quality service and affordability. But, depending on your specific situation, you may receive a different rate and find a different company is your best choice.

The likelihood of high-risk drivers filing claims is statistically greater, causing insurance companies to increase their rates to compensate for the anticipated extra costs. In Oklahoma, high-risk drivers pay around 27% more for their insurance than clean-record drivers.

Various companies classify high-risk drivers differently, but certain characteristics are consistent. When you've been involved in at-fault accidents, received multiple tickets or infractions or have been convicted of a DUI, you're considered high risk. Young drivers are also risky for insurance companies due to their inexperience on the road.

If you're looking for affordable car insurance for high-risk drivers in Oklahoma, you should check out State Farm. The price of a policy for a high-risk driver averages $1,148 per year, making it the state's cheapest.

Our State Farm review can provide you with more information about the company.

According to MoneyGeek, State Farm is the best high-risk auto insurance provider in Oklahoma, with a rating of 91 out of 100. Discover what State Farm offers in terms of customer service, coverage and discounts by reading our State Farm review.

GEICO is ranked second among Oklahoma's high-risk auto insurance companies, with a rating of 87 out of 100. Read our GEICO auto insurance review to learn more about its coverage options and customer service.

For people with a DUI conviction in Oklahoma, State Farm offers the cheapest car insurance, according to MoneyGeek’s research. The average cost of coverage is $1,124 per year. Our review of State Farm auto insurance outlines its benefits and coverage options.

At often affordable rates, USAA also provides high-risk auto insurance to military personnel and veterans with DUIs in Oklahoma.

For teenage drivers in Oklahoma, Allstate has the lowest rate, according to MoneyGeek's research. Teen drivers pay an average of $3,695 a year for insurance because of their high risk, with rates varying by age. Our Allstate review provides more information about the company.

GEICO has the lowest rate for high-risk drivers with bad credit, according to MoneyGeek. Poor credit drivers pay an average of $1,092 per year for coverage, compared to drivers with good credit who pay around $750 per year. That's an increase of around 31% for drivers with bad credit. MoneyGeek's review of GEICO provides additional information about the company.

Whenever you get a quote for car insurance, insurance providers take into account your driving experience, record and profile. Depending on your risk level as a driver, the cost of your insurance will vary.

Clean-record drivers in Oklahoma pay around $1,101 per year for auto insurance, whereas high-risk drivers pay roughly $1,534. That represents a difference of over $430 or around 27%.

To estimate car insurance costs for high-risk drivers in Oklahoma, MoneyGeek's auto insurance calculator uses variables such as age, coverage level and driving history. In addition, the tool helps you determine which variables affect your premium the most and which companies may be the cheapest choices.

Insurance companies have the option not to insure you since the insurance market is voluntary. Despite this, you can still get coverage even if your state's providers consider you a high-risk driver. The Automobile Insurance Plan Service Office (AIPSO) is the best source for residual market plans. This national non-profit association has helped high-risk drivers find auto insurance for over 48 years.

The Oklahoma Automobile Insurance Plan (OAIP) is available to licensed private passenger and commercial drivers that cannot obtain auto insurance coverage from insurance companies in the voluntary market. Any licensed insurance provider in Oklahoma can help you obtain an OAIP policy.

The number of options for cheap Oklahoma car insurance for high-risk drivers is limited. The MoneyGeek team answered some of the most common questions about high-risk auto insurance to help you find the best deal.

MoneyGeek calculated average rates using full coverage car insurance policies with 100/300/100 liability insurance and comprehensive and collision coverage with a $1,000 deductible. Minimum coverage car insurance policy rates were calculated based on each state’s minimum car insurance requirement.

To calculate rates for high-risk drivers, MoneyGeek averaged the premiums insurance companies charge for three of the most common driving violations: speeding, at-fault accident and DUI.

To determine the best car insurance company for high-risk drivers, MoneyGeek scored companies based on affordability, customer satisfaction and complaints — obtained from J.D. Power surveys and NAIC complaint scores — and financial strength ratings as calculated by AM Best. Affordability received the greatest weighting in our calculations.