Mercury offers the cheapest minimum coverage in Oklahoma for most low-income drivers with clean records, regardless of credit history. Progressive and State Farm are often more affordable for seniors or those with a DUI or accident.
Cheapest Low-Income Car Insurance in Oklahoma
Updated: February 7, 2025
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Key Takeaways
While Oklahoma doesn't have a low-income car insurance program, drivers can still find affordable plans to stay legal on the road.
The most affordable options for low-income drivers are Mercury, Progressive, State Farm and GEICO.
Drivers with a lower income can find more affordable rates by exploring discounts and coverage options, as well as raising their deductible.
Cheapest Car Insurance Companies for Low-Income Drivers in Oklahoma
| Mercury | Young Drivers | $32 |
| Mercury | Adults | $24 |
| Progressive | Seniors | $26 |
| Mercury | Drivers With a Speeding Ticket | $35 |
| Progressive | Drivers With a DUI | $31 |
| State Farm | Drivers With an Accident | $39 |
| Mercury | Bad Credit | $32 |
*All rates in this table, except for adults, are based on a modified profile of a 40-year-old driver with good credit and a clean record insuring a 2012 Toyota Camry. The age ranges are 22 to 29 for young drivers, 30 to 59 for adults and 60+ for seniors.
Compare Cheap Low-Income Car Insurance Providers
Use the table below to find the most affordable car insurance provider for your driver profile.
Data filtered by:Results filtered by:
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Age Range:30-59
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Driving Record:Clean
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Credit Score:Good
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Coverage Level:State Minimum Liability Only
| Mercury | $24 | $292 |
| Progressive | $28 | $338 |
| State Farm | $31 | $374 |
| GEICO | $34 | $404 |
| Farmers | $41 | $488 |
Cheapest Car Insurance for Families With Low Income in Oklahoma
Progressive offers the lowest monthly rates for low-income married couples in Oklahoma adding a driver to their policy: $55 for those adding a teen and $38 when adding a spouse. Single parents adding a teen to their policy find the best rate from State Farm at $92 per month.
Data filtered by:Results filtered by:
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Family Type:Married Couple with Teen
| Progressive | $659 | $55 |
| State Farm | $697 | $58 |
| Allstate | $884 | $74 |
| GEICO | $933 | $78 |
| Farmers | $1,207 | $101 |
*Rates for couples and single parents with teens apply to a 16-year-old driver. Those for a married couple without children are based on a 40-year-old male with good credit and a clean driving record.
Tips to Save On Car Insurance for Low-Income Drivers
Follow these tips to find affordable auto insurance options in Oklahoma:
- 1
Choose minimum coverage
Although it won't be able to cover all expenses in an at-fault accident, minimum coverage is often the most affordable option. It offers basic coverage in order to meet Oklahoma's minimum insurance requirements.
- 2
Compare quotes
Customers should compare as many providers as possible to ensure they are getting the best deal for their specific needs. Drivers can do this through online tools, independent brokers or the provider websites themselves.
- 3
Look for discounts
Oftentimes there are discounts available that drivers aren't even aware of. If you are a military member, a student or a young driver you may be eligible for discounts depending on the provider.
- 4
Increase your deductible
Oftentimes a higher deductible can lead to lower insurance rates, although you have to be able to afford it in case of an incident where you need to file a claim.
- 5
Consider pay-per-mile insurance
If you don't drive much, pay-per-mile insurance is a good option to keep you covered as it means you only pay for the miles that you drive, plus a small base fee.
- 6
Bundle your policies
Bundling auto and home or renters insurance can help customers save on car insurance. We found that on average, customers save over $500 annually by bundling policies together, with the largest discount in Oklahoma being over $1,800.
- 7
Get a cheaper car to insure
A car's make, model and age impact insurance costs due to repair and replacement expenses. Choosing a cheaper car to insure when buying a car can keep you from paying more than you need to on car insurance.
Minimum Car Insurance Requirements in Oklahoma
Drivers in Oklahoma need to meet these minimum car insurance requirements:
- $25,000 in bodily injury liability per person
- $50,000 in bodily injury liability per accident
- $25,000 in property damage liability per accident
For those leasing or financing a car, a liability coverage of 100/300/100 is required, along with comprehensive and collision protection.
WHY MINIMUM COVERAGE MAY NOT BE RIGHT FOR YOU
Minimum coverage is a basic coverage option, meaning that it won't cover as much if you're in an at-fault accident. You will still have to pay for any legal fees and any damage to your car. If you drive often and can afford it, consider higher coverage to save you money in the case of an incident.
Cheap Low-Income Car Insurance in Oklahoma: Bottom Line
Mercury offers the cheapest car insurance for most low-income drivers in Oklahoma. For high-risk drivers, Mercury is best for speeding tickets, Progressive for DUI and State Farm for accidents. Compare providers through different methods to find the best deal.
Low-Income Auto Insurance in Oklahoma: FAQ
Low-income drivers often find it hard to get affordable car insurance. Here are answers to common questions on saving money.
What is the cheapest car insurance for low-income drivers in Oklahoma?
Minimum coverage is usually the cheapest option for drivers who own their vehicle outright. Mercury offers the lowest minimum coverage rate in Oklahoma at $24 monthly, and Progressive has the cheapest full coverage at $69.
Does Oklahoma have a state-supported low-income car insurance program?
Oklahoma has no state-supported program for low-income drivers to get affordable car insurance.
Does your income affect the cost of car insurance in Oklahoma?
Income doesn't directly affect car insurance premiums in Oklahoma. Factors like driving history and vehicle model have more impact.
How We Chose the Cheapest Car Insurance for Low-Income Drivers
Study Overview
MoneyGeek analyzed Oklahoma auto insurance rates using data from the Oklahoma Insurance Department and Quadrant Information Services.
Data Acquisition, Depth and Analysis
MoneyGeek examined 328,384 quotes from 14 companies across 370 ZIP codes to determine the average cost of car insurance for drivers with low income in Oklahoma.
Sample Driver Profile
We used a sample driver profile with the following attributes to determine average car insurance rates for low-income drivers in Oklahoma:
- 40-year-old male
- 2012 Toyota Camry LE
- Clean driving record
- 12,000 miles driven annually
To determine rates for specific driver profiles, we adjusted factors such as age, family status, driving history and credit standing.
Our study defines seniors as 60 or older, young drivers as 22 to 29 and adults as 30 to 59. Married couples with a child include 40-year-old male and female drivers with a 16-year-old teen. Single parents with children are 40-year-old male or female drivers with a 16-year-old teen.
Coverage Levels and Deductibles
Our data shows rates for minimum coverage, which follows the requirements set by Oklahoma law and offers affordable options for low-income drivers.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.