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Homeowners insurance in Oklahoma costs $7,255 a year on average in 2026 for a $400,000 dwelling policy, according to NerdWallet, or about $605 a month. That makes Oklahoma the most expensive state in the country for home insurance, nearly three times the national average of $2,490 a year. Other datasets put the same state average anywhere from $4,695 to $7,683 a year, because they price different houses with different methods. This guide lays out what each dataset actually measures, what Oklahoma homeowners pay by city and carrier, and what moves your own premium.
The spread between sources is worth understanding before you shop. NerdWallet prices a $400,000 dwelling for a 40 year old homeowner with good credit. InsuranceQuotes prices one sample house, a 2,000 square foot wood frame home built in 1997 and insured for $300,000, and quotes it in all 194 Oklahoma ZIP codes in its data. MoneyGeek prices a smaller $250,000 dwelling. Bankrate prices a $300,000 dwelling. LendingTree prices $350,000 of dwelling coverage from Quadrant data collected in February 2026. A bigger house costs more to insure, so the $400,000 figures run higher by design. None of these numbers is wrong. They answer slightly different questions.
Why is Oklahoma the most expensive state for home insurance?
Oklahoma sits in the center of Tornado Alley, and no other state combines tornado frequency, hail size, and straight line wind the way Oklahoma does. The Oklahoma City and Tulsa metros are hit regularly, and a single storm can damage thousands of roofs in one afternoon. Carriers have filed multiple consecutive rate increases with Oklahoma regulators, and policyholders feel those compounding adjustments with each renewal cycle.
Premiums rose about 24 percent in 2025 alone, according to Miner Family Insurance, a licensed agency in Edmond. That increase came on top of several prior years of increases. Oklahoma now ranks second or third most expensive in the United States in some rankings and first in others, ahead of Louisiana in some lists and behind only Florida and Nebraska in others. The exact ranking depends on the dataset, but every dataset puts Oklahoma at or near the top.
The state insurance department tracks the problem directly. The Oklahoma Insurance Department publishes a home insurance rate comparison chart, updated in August 2026, that lists annual rates for five typical homeowners policies from the companies with the largest market share in the state. The chart is built from a department survey of carriers, not from quotes, and it shows the same pattern as the private datasets: a wide spread between carriers for the same house in the same city.
How much is homeowners insurance in Oklahoma in 2026?
For a $400,000 dwelling with a $1,000 deductible, Oklahoma homeowners pay about $7,255 a year, or $605 a month, according to NerdWallet. That is about $4,765 a year above the national average of $2,490 for the same coverage. For a $300,000 dwelling, the average runs $4,695 to $5,736 a year depending on the dataset.
| Source | Dwelling coverage | Average per year | Average per month |
|---|---|---|---|
| NerdWallet (May 2026) | $400,000 | $7,255 | $605 |
| MoneyGeek (Sept 2026) | $250,000 | $7,683 | $640 |
| Consumer Federation of America | $350,000 | $5,819 | $485 |
| Insurify (2026) | $300,000 | $5,736 | $478 |
| LendingTree (Feb 2026) | $350,000 | $5,533 | $461 |
| InsuranceQuotes (Sept 30, 2026) | $300,000 sample house | $5,693 | $474 |
| Bankrate (2026) | $300,000 | $4,695 | $391 |
The table above comes from Miner Family Insurance, which collected the published 2026 averages in one place. The range runs from $4,695 to $7,683 a year, a gap of nearly $3,000 for the same state. The gap is not an error. Bankrate prices a $300,000 dwelling. NerdWallet prices a $400,000 dwelling. MoneyGeek prices a $250,000 dwelling but averages the full market, including expensive carriers. The lesson is to compare carriers on the same house, not to compare state averages across datasets.
LendingTree prices Oklahoma at $5,298 a year for a $350,000 dwelling in its February 2026 Quadrant analysis, 121 percent above its national average of $2,395. That is the highest state figure in its table. The same analysis puts Nebraska second at $4,956 and Kansas fourth at $4,095, which means the three most expensive states for home insurance are all in the central plains.
Which companies are cheapest for homeowners insurance in Oklahoma?
For most Oklahoma homeowners, the cheapest widely available carrier is State Farm, followed by Allstate. USAA is cheaper on some datasets but sells only to military members, veterans, and their families. The carrier spread in Oklahoma is the widest in the country, and one carrier in the InsuranceQuotes comparison prices far above the rest.
| Company | Average per year | Source | Who can buy it |
|---|---|---|---|
| State Farm | $3,220 | MoneyGeek ($250,000 dwelling) | Anyone |
| Allstate | $3,508 | MoneyGeek ($250,000 dwelling) | Anyone |
| USAA | $4,656 | MoneyGeek ($250,000 dwelling) | Military only |
| Allstate | $3,278 | InsuranceQuotes (sample house) | Anyone |
| State Farm | $5,176 | InsuranceQuotes (sample house) | Anyone |
| Farmers | $9,900 | InsuranceQuotes (sample house, $825 a month) | Anyone |
Farmers is the outlier to watch. InsuranceQuotes prices Farmers at $825 a month, or about $9,900 a year, for the same sample house that Allstate prices at $273 a month. That is a $552 a month gap between two major carriers for identical coverage on the same house. The other three carriers in the comparison range from $273 to $431 a month. Farmers prices far above the others, and a homeowner who takes a Farmers quote without comparing could pay three times the cheapest rate.
The datasets also disagree on the ranking, and the disagreement is useful. MoneyGeek names State Farm cheapest at $3,220 a year and Allstate second at $3,508. InsuranceQuotes names Allstate cheapest at $3,278 a year and State Farm third at $5,176. No single carrier is cheapest for every profile, which is why three quotes from different carriers are the minimum in Oklahoma.
Regional carriers are worth a quote too. Oklahoma Farm Bureau and Shelter both price below the state average on MoneyGeek, 28 to 58 percent below the $7,683 average across the five cheapest carriers. Policygenius names Armed Forces Insurance, AFR Insurance, and Allstate as the three cheapest in Oklahoma, with statewide averages from $3,149 to $3,264 a year. MoneyGeek names Chubb the best company for most Oklahoma homeowners, balancing affordable rates with customer experience, and rates USAA highest overall while ranking it second because of the military restriction.
How much is homeowners insurance in Oklahoma City and Tulsa?
Oklahoma City is the most expensive large city in the state, and Tulsa is the cheapest. InsuranceQuotes puts Tulsa lowest among Oklahoma cities with at least five ZIP codes, at $395 a month or $4,739 a year, and Oklahoma City highest at $595 a month or $7,145 a year. The gap is $200 a month, or $2,400 a year, for the same sample house.
| City | Average per month | Average per year | Cheapest carrier there |
|---|---|---|---|
| Tulsa | $395 | $4,739 | Allstate, $2,933 a year |
| Oklahoma City | $595 | $7,145 | State Farm, $3,181 a year |
MoneyGeek prices the cities differently, with Oklahoma City at $8,766 a year and Tulsa lower, and NerdWallet puts Oklahoma City at $9,770 a year. The two datasets disagree by more than $2,000 a year for Oklahoma City, because they price different houses. The ranking is the same in both: Oklahoma City costs far more than Tulsa, and both cost more than the state average for a small house.
The cheapest and most expensive ZIP codes in the state are far apart. InsuranceQuotes reports the lowest ZIP code average in Roland at $332 a month, or $3,985 a year, and the highest in Oklahoma City at $635 a month, or about $7,620 a year. The five highest priced ZIP codes are all in Oklahoma City. The five lowest are all in eastern Oklahoma near the Arkansas border. A homeowner in Roland pays roughly half what a homeowner in northwest Oklahoma City pays for the same house.
What does an Oklahoma homeowner actually pay? A worked example
Take a $250,000 home in Oklahoma City with a $1,000 deductible and good credit. MoneyGeek prices the state average for that house at $7,683 a year. State Farm averages $3,220 a year for the same house. The gap is $4,463 a year, or about $372 a month, for identical coverage.
Now add the city effect. State Farm in Oklahoma City averages $3,181 a year on MoneyGeek, slightly below its state average. Allstate in Tulsa averages $2,933 a year. A homeowner in Tulsa with Allstate pays roughly $290 a year less than a homeowner in Oklahoma City with State Farm for the same size house. The city matters, but the carrier matters more.
The deductible changes the math further. Raising the deductible from $500 to $2,000 typically saves 10 to 20 percent. On a $7,145 Oklahoma City policy, that is $715 to $1,429 a year. The trade is the out of pocket cost after a storm. Oklahoma policies often carry a percentage based wind and hail deductible, so check whether your policy uses one before raising it. Our guide to how credit score affects your homeowners insurance premium explains the other large pricing factor and how much each tier costs.
How to lower your homeowners insurance in Oklahoma
Start with three quotes, and include State Farm and Allstate alongside your current carrier. The $4,463 gap between the state average and State Farm for the same $250,000 home is the largest single saving available to an Oklahoma homeowner. If your current carrier is Farmers, compare first, because the InsuranceQuotes data shows Farmers pricing far above the other major carriers in the state.
Check the Oklahoma Insurance Department rate comparison chart before you shop. It is a primary source, updated in August 2026, and it lists annual rates for five typical policies from the largest carriers in the state, city by city. It is the only source in this guide that comes from the regulator rather than a publisher, and it is free to read.
Ask about a hail resistant roof discount before your next roof replacement. Class 4 impact resistant roofing cuts the hail claim frequency that drives Oklahoma rates, and carriers reward it with the largest single discount available in the Oklahoma City market. If your roof is more than 15 years old, a replacement can pay for itself in premium savings over the life of the roof. Our guide to how the age of your roof affects your homeowners insurance rates walks through the age bands carriers use.
Bundle home and auto with the same carrier. The multi policy discount runs 10 to 25 percent at most carriers. Review the dwelling limit every year, because rebuilding costs have risen faster than home prices in Oklahoma. If you are buying your first home, our homeowners insurance costs for first-time buyers guide covers what to budget beyond the premium.
Key takeaways
Homeowners insurance in Oklahoma averages $7,255 a year for a $400,000 dwelling on NerdWallet, the highest in the country, against a $2,490 national average. Published 2026 averages range from $4,695 to $7,683 a year depending on the house priced. Premiums rose about 24 percent in 2025 alone. Oklahoma City is the most expensive large city at $595 a month and Tulsa the cheapest at $395 a month on InsuranceQuotes. State Farm is cheapest for most Oklahoma homeowners at $3,220 a year for a $250,000 dwelling, and the gap between the state average and State Farm is $4,463 a year. Farmers prices far above the other major carriers at $825 a month for the same sample house, which makes comparison shopping essential.
Frequently asked questions
How much is homeowners insurance in Oklahoma per month?
About $605 a month for a $400,000 dwelling, according to NerdWallet, or about $474 to $478 a month for a $300,000 dwelling depending on the dataset. The national average for the same $400,000 coverage is about $208 a month.
What is the cheapest homeowners insurance in Oklahoma?
State Farm is cheapest for most Oklahoma homeowners at about $3,220 a year for a $250,000 dwelling, according to MoneyGeek. Allstate is second at $3,508 a year. USAA is cheaper on some datasets but sells only to military members, veterans, and their families.
Why is homeowners insurance so expensive in Oklahoma?
Oklahoma sits in the center of Tornado Alley, and tornadoes, large hail, and straight line winds drive claim costs well above the national average. Premiums rose about 24 percent in 2025 alone, and carriers have filed multiple consecutive rate increases with state regulators.
How much is homeowners insurance in Oklahoma City?
About $595 a month, or $7,145 a year, for the InsuranceQuotes sample house. MoneyGeek puts Oklahoma City at $8,766 a year and NerdWallet at $9,770 a year for larger houses. State Farm is cheapest in Oklahoma City at $3,181 a year for a $250,000 dwelling.
Does homeowners insurance in Oklahoma cover tornado damage?
Yes. A standard HO-3 policy covers wind damage from tornadoes, including roof and structural damage. Flood damage from the same storm is not covered and needs a separate flood policy. A percentage wind and hail deductible usually applies to the tornado claim, so check whether your policy uses one before storm season.
Where can I compare Oklahoma home insurance rates from the regulator?
The Oklahoma Insurance Department publishes a home insurance rate comparison chart, updated in August 2026, listing annual rates for five typical policies from the largest carriers in the state, city by city. It is the only primary source in this guide that comes from the regulator rather than a publisher.
InsuranceQuotes publishes its Oklahoma figures in its Oklahoma home insurance rates page, with rates as of September 30, 2026, built from insurers’ filed rates and compiled by Quadrant Information Services. The Oklahoma Insurance Department publishes its rate comparison chart at oid.ok.gov, updated August 2026. NerdWallet publishes its $400,000 dwelling state table in its average homeowners insurance cost guide, updated May 6, 2026. For the neighboring states with the same storm exposure, see our Kansas homeowners insurance guide and our Nebraska homeowners insurance guide.
