AFR vs. Oklahoma Farm Bureau: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for auto insurance, AFR offers significantly more affordable rates than Oklahoma Farm Bureau
• AFR offers less expensive average premiums for policyholders whose driving record contains an at-fault collision
• AFR offers more affordable prices for policyholders who have a short commute

AFR or Oklahoma Farm Bureau: Which Company has the Cheapest Car Insurance?

So, you're considering switching to a new insurance policy. You've probably seen commercials and billboards from companies offering large savings, but exactly how much money can you save by switching?

You might have narrowed your search down to AFR or Oklahoma Farm Bureau for your next policy, but which one has cheaper premiums for insurance?

Looking at the national average rates for both carriers, AFR has average rates that are around 21% a month less expensive than those from Oklahoma Farm Bureau.

Even so, that doesn't necessarily mean AFR will be the cheaper option for every driver. Car insurance companies use all sorts of complex algorithms to determine rates, so depending on how clean your driving record is or how good your credit score is (among a variety of other factors), you could see wildly different premiums from the ones above.

Luckily, we've broken down average rates from both AFR and Oklahoma Farm Bureau by lots of different rate factors, so read on to find out which carrier is the best for you.

AFR vs. Oklahoma Farm Bureau: Average Car Insurance Rates by State

Both AFR and Oklahoma Farm Bureau only offer auto insurance in Oklahoma, so you'll see that the average figures here will mirror the ones we mentioned above. AFR drivers tend to pay about $37 per month less on average compared to drivers who use Oklahoma Farm Bureau for their insurance.

Typically, the state you live in will play a big role in how much you pay for auto insurance, but since both companies only do business in Oklahoma, numerous other variables will come into play when you compare AFR and Oklahoma Farm Bureau. Keep reading to find out more.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive car insurance prices of any other group of drivers out there on the road. That's typically because teen drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

But still, even with seemingly sky-high rates, teen drivers can still find ways to save money. As you can see above, teens who use AFR save almost 50% a month compared to those who use Oklahoma Farm Bureau.

However, both carriers will reduce premiums by the time drivers turn 25. For example, average prices for AFR policyholders lower over 30% and Oklahoma Farm Bureau's rates drop nearly 55% over that time.

Which is the Best Company for Retired Drivers?

Drivers around retirement age usually enjoy some of the most affordable auto insurance prices you can find. After all, they've likely been driving for quite some time, which generally lowers their chances of collisions and other infractions that can raise premiums.

So, which company offers the best rates to retired drivers? In this case, Oklahoma Farm Bureau has the slight edge, with prices about $5 per month less than AFR. But the difference is only around 5%, so other factors (like where you live or your credit score) will likely come into play when determining which carrier has the cheapest premiums for you.

Which is the Best Company for Married Drivers?

Did you know that car insurance prices are normally more affordable for married couples than they are for single policyholders? That's generally because married policyholders tend to own and insure multiple vehicles, which can often earn you a discount.

For those who are single, the difference in average premiums between these two companies is significant, with AFR rates coming in at a quarter less than Oklahoma Farm Bureau's. The advantage is also clear for married drivers - AFR offers the lowest average premiums.

AFR or Oklahoma Farm Bureau: Average Rates by Gender

Men are statistically more likely than women to get into accidents and file an insurance claim, which means they'll normally end up paying more for insurance than women.

Usually, women see prices about 3% a month less with AFR, but with Oklahoma Farm Bureau, the difference is closer to 14% per month.

Looking at the data for each company specifically, AFR comes out on top for both men and women, with average rates $49 less for men and $26 cheaper for women.

AFR vs. Oklahoma Farm Bureau: Compare State Minimum vs. Full Coverage Rates

*State minimum value indicates liability-only policies at each state's minimum bodily injury and property damage (BI/PD) limits

**Full coverage indicates state minimum BI/PD limits with collision and comprehensive coverages added to policy.

It's no secret that car insurance can be a complicated subject for most people. There are many different coverages that account for a range of different things. Some protect you and your car, while others only provide coverage for other people's property and health if you cause a collision.

That being said, most policies end up falling into two different types of coverage -- liability coverage (which covers the other party's injuries and property damage if you cause an accident) and full coverage (which usually refers to having collision and comprehensive coverages in addition to liability).

Looking specifically at state minimum liability insurance, AFR has the significant edge, with average monthly premiums coming in at $65. If you want a full coverage policy with the same state minimum limits, AFR again has the edge, with policies averaging around $209 a month to Oklahoma Farm Bureau's $256.

Is AFR or Oklahoma Farm Bureau Better for Drivers with Spotty Records?

You've probably seen plenty of commercials from auto insurance carriers offering great prices for good drivers, but that doesn't mean people with less-than-perfect driving records can't save money, too.

You'll probably end up paying more with at-fault collisions and speeding tickets on your record, but which of these two companies offers the most affordable rates to drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use AFR for their insurance can typically expect their monthly bill to go up about 26% after getting a speeding ticket. Oklahoma Farm Bureau policyholders can expect a less drastic increase of around 10%.

However, AFR has less expensive premiums for drivers in both categories. With AFR Insurance, drivers with a clean record can save about $44 per month and drivers with a ticket can save around $25 a month.

Which Company is Best for Drivers After an Accident?

AFR drivers who get in a collision can expect to see their prices climb by 0%, while those who have insurance through Oklahoma Farm Bureau will see about a 10% increase.

At the end of the day, the cheaper rates come from AFR, with average prices coming in at $98 compared to Oklahoma Farm Bureau Insurance's $158.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge on your record, it's probably going to cost you more than a simple speeding ticket or even an accident. On average, AFR will increase your rates around 55% after a DUI, while Oklahoma Farm Bureau's average premiums increase by more than 40%.

But if you end up with a DUI charge and are looking for more affordable prices, AFR tends to be more affordable for the average driver, with monthly premiums coming in at about $220 to Oklahoma Farm Bureau's $240.

How does Credit Score Impact AFR and Oklahoma Farm Bureau Rates?

Often times, your credit score can come into play when carriers calculate your monthly bill. Certain states and companies do not allow for credit score to be used as an auto insurance factor, but it might come into play for a lot of policyholders.

Car insurance carriers argue that those with poor credit scores are less likely to pay their bills on time every month, which raises the risk involved on their end, while the opposite is true for those with good credit.

So, which carrier offers the cheapest rates for drivers with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

If you have a solid credit score, AFR will generally reward you the most. For policyholders with "excellent" credit scores, AFR comes in nearly 43.68 less expensive. Drivers with "good" credit scores normally save around 31% with AFR compared to average premiums from Oklahoma Farm Bureau.

Which Company is Best for Drivers with Bad Credit?

If you have a below average credit score, it can be somewhat of a toss-up as far as which company offers you the best prices. Drivers with "fair" credit pay about 18% less with AFR than Oklahoma Farm Bureau, but those whose credit is considered "poor" have it flipped -- saving around 7% per month with Oklahoma Farm Bureau.

Is AFR or Oklahoma Farm Bureau Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a sizable impact on your monthly premiums. Usually, those who drive fewer miles will end up with more affordable rates since there's less of a chance of causing a collision and filing an insurance claim.

In this case, neither AFR or Oklahoma Farm Bureau report increasing premiums for drivers with higher annual mileage figures. AFR comes out as the most affordable for drivers at both intervals, whether they put 6,000 or 12,000 miles on their car each year, with average rates of $137 a month for both.

AFR or Oklahoma Farm Bureau: Compare Rates for Urban, Suburban, and Rural Drivers

Where your home is can play a substantial role in how much you pay for insurance. Typically, drivers who live in less densely populated rural areas will pay quite a bit less than urban policyholders since there are a lot fewer vehicles on the road where they live, which reduces the chances of an accident.

When comparing these two companies side-by-side, AFR normally comes out as the lowest option for drivers in all areas, regardless of if they're urban, suburban, or rural.

If you live in a rural area, you can expect to pay about $109 a month with AFR compared to Oklahoma Farm Bureau's $152. People in suburban areas pay a monthly price of around $139 with AFR compared to $189 with Oklahoma Farm Bureau. In urban areas, AFR's average premiums are about $163 per month compared to Oklahoma Farm Bureau's $182.

AFR vs. Oklahoma Farm Bureau Discounts

You want to save as much money as you can, right? The best way to do that is by utilizing as many auto insurance discounts as possible.

But where do you even start? With what seems like a million different discounts out there, it may be difficult to find all the ones you're eligible for.

Luckily, we did the hard work for you and looked at all of the different discounts AFR and Oklahoma Farm Bureau offer their customers so that you can find the company that has the most discounts and, therefore, the largest savings.

Overall, AFR has the advantage when it comes to total number of discounts. Oklahoma Farm Bureau offers a grand total of five discounts, while AFR has nine.

Both carriers offer a lot of the same discounts -- like discounts for being a defensive driver, discounts for insuring multiple cars with the same company, and multi-policy discounts -- but AFR also offers discounts for driver training, good driving, good payer, and more.

On the other hand, Oklahoma Farm Bureau has a proprietary discount of their own -- a group discounts.

Final Thoughts: Is AFR or Oklahoma Farm Bureau Best for You?

You've seen the role certain variables have on your car insurance and the different discounts companies offer. But, at the end of the day, which carrier is the best fit for you?

AFR might be best for you if....

• You haven't received any speeding tickets or been in an accident in the last few years.
• You want the most robust protection via a "full coverage" policy.
• You and your spouse are buying insurance together.

Oklahoma Farm Bureau might be best for you if...

• You're of retirement age and want to take advantage of lower prices.

Hopefully, this guide has ben a valuable resource as you compare AFR and Oklahoma Farm Bureau and that you can now make a more informed decision when it comes to your auto insurance.

At the end of the day, the best way to make sure you're getting the best deal on your insurance policy is to compare quotes from multiple carriers, not just AFR and Oklahoma Farm Bureau. Luckily, sites like Compare.com do all the hard work for you. Simply enter your ZIP codes below and get free quotes from dozens of top auto insurance companies in your area, all in just a few minutes.

AFR vs. Oklahoma Farm Bureau FAQs

Is AFR or Oklahoma Farm Bureau cheaper?

AFR is the cheaper of the two carriers when looking at national average rates, with policies averaging $137 a month with AFR and $174 for Oklahoma Farm Bureau. But that doesn't mean AFR will be the most affordable company for every driver, since there are multiple different factors that come into play when it comes to your car insurance cost.

Who is better, AFR or Oklahoma Farm Bureau?

Unfortunately, the real answer is "it depends.". No one carrier is "better" for everyone -- it all comes down to what your unique auto insurance profile looks like. For example, Oklahoma Farm Bureau is more affordable for drivers who have less-than-stellar credit scores, while AFR offers cheaper prices for drivers with an at-fault accident on their record.

Why do AFR and Oklahoma Farm Bureau offer me different rates?

Insurance companies use many different variables when determining the premiums they charge. Factors such as gender, your driving record, where you park your car, age, and sometimes even things like your credit score can all come into play. Both AFR and Oklahoma Farm Bureau calculate rates using different formulas, so it's likely they'll offer different prices. The best way to determine which company is the cheapest for you is by comparing personalized quotes from a variety of different carriers.

How do I know if AFR or Oklahoma Farm Bureau is right for me?

The only way to find the car insurance carrier that's right for you is by getting quotes from a handful of companies and finding the one best suited for your individual budget. Luckily, sites like Compare.com make it easy for you to do just that. Just enter your ZIP code and you'll get quotes from dozens of your local top auto insurance carriers for free. That way, you can guarantee you're getting the best premium. And maybe you'll find that the best company for you isn't AFR or Oklahoma Farm Bureau at all, but another you hadn't even thought of!

Methodology

All of the data referenced in this article has been gathered in collaboration with Quadrant Information Services. We analyzed more than 2.5 million rows of carrier-reported data to calculate the average rates referenced above. All rates are based on an insurance profile of a single-vehicle policy for a driver that owns a 2016 Honda Accord. For more information on how we calculate rates, please reference our data methodology.