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

Quick Facts

• In general, Oklahoma Farm Bureau offers slightly more affordable premiums than Progressive
• Oklahoma Farm Bureau offers more affordable prices for drivers who have less-than-stellar credit
• Progressive offers less expensive average rates for couples purchasing car insurance together

Oklahoma Farm Bureau vs. Progressive: Which Company has the Cheapest Car Insurance?

Are you in the market for a new insurance policy? You've probably seen commercials and billboards from companies offering big discounts, but exactly how much money can you save by switching?

You've maybe even narrowed it down to Oklahoma Farm Bureau or Progressive as potential options, but which company will offer you cheaper prices?

Looking at the national average rates for both companies, Oklahoma Farm Bureau is about $6 per month less expensive than Progressive.

Even so, that doesn't mean Oklahoma Farm Bureau will necessarily be more affordable than Progressive for every driver. Auto insurance carriers vary their premiums depending on things like how good your credit score is, how clean your driving record is, how old you are, where you live, and a ton of other factors, so rates will differ quite a bit from person to person.

Wanting to know if Oklahoma Farm Bureau or Progressive is really the right carrier for you? Keep on reading to see how average premiums can change based on all of the factors we've mentioned above.

Oklahoma Farm Bureau or Progressive: Average Car Insurance Rates by State

Oklahoma Farm Bureau and Progressive only compete against each other in Oklahoma, where Progressive offers the cheaper average prices. For Oklahoma residents, Progressive offers car insurance for $165 per month on average. Oklahoma Farm Bureau's average rates come out to be more expensive, at $174 a month.

There are plenty of other factors that go into your auto insurance bill than just where you call home. Read on to learn more.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive insurance prices of any other group of drivers out there on the road. It's normally because young, inexperienced 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 premiums, teen drivers can still find ways to save money. As you can see above, teens who use Oklahoma Farm Bureau save more than $75 a month compared to those who use Progressive.

However, both companies will offer you dramatically lower rates by the time drivers turn 25. Progressive offers the steepest drop, with 25-year-olds paying less than a third of what 18-year-old drivers are charged. Oklahoma Farm Bureau's average premiums lower nearly 55% during that same period.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll typically enjoy the cheapest car insurance prices you can find. You've been on the road for years, and all that experience pays off when it comes to your monthly rates for insurance.

But who has the best prices for retired drivers between Oklahoma Farm Bureau and Progressive? Oklahoma Farm Bureau gets the slight edge here, with average premiums coming in at around $119 monthly compared to Progressive's $131.

Which is the Best Company for Married Drivers?

You may not be aware, but auto insurance prices tend to be less expensive for married drivers than they are for single drivers. That's because policies for married couples usually cover several cars, which quite a few carriers will offer you a discount for.

When it comes to relationship status, Oklahoma Farm Bureau is the winner for those who are single, with premiums about $18 per month more affordable than Progressive, on average.

Oklahoma Farm Bureau vs. Progressive: Average Rates by Gender

Men generally pay more for car insurance than women. This is because men are more likely to get into collisions and get tickets, which increases the chances of an insurance claim.

On average, women see rates over $25 a month cheaper with Oklahoma Farm Bureau, and around $5 cheaper with Progressive when compared to their male counterparts.

Looking at overall affordability, Progressive is the most affordable company for men. Rates with Progressive are $5 less for men, while women can save about $17 with Oklahoma Farm Bureau.

Oklahoma Farm Bureau or Progressive: 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 auto insurance can be a complicated subject for most people. There are several different coverages that account for lots of different things. Some protect you and your vehicle, while others only provide coverage for other people's property and health if you cause an accident.

That being said, the most common policies that many drivers look at fall into two categories -- liability only (which covers the other party's property damage and injuries if you cause a collision) and full coverage (which includes comprehensive and collision coverages that protect your own vehicle, in addition to what you get with liability).

In this case, Oklahoma Farm Bureau offers the lowest average prices for state minimum liability limits, while Progressive has the edge for full coverage policies with similar coverage limits. Drivers looking for basic state minimum coverage can save around $20 with Oklahoma Farm Bureau Insurance, while full coverage comes out to be around $6 less expensive with Progressive.

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

It's no big secret that drivers who are accident-free get better deals on their insurance. But even if you have a spotty record, you can still find plenty of ways to save some cash on your monthly bill.

At-fault accidents and tickets will most likely raise your rates, but is Oklahoma Farm Bureau or Progressive cheaper for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Oklahoma Farm Bureau policyholders can expect their premiums to go up an average of $16 per month if they get a ticket, while Progressive normally raises prices about $31 a month, on average.

But Oklahoma Farm Bureau has more affordable rates for drivers in both categories, offering premiums that are 5% and 12% less expensive, respectively, compared to Progressive.

Which Company is Best for Drivers After an Accident?

Oklahoma Farm Bureau policyholders who get in an accident can expect to see their prices increase by over $15, while those who have insurance through Progressive will see around a $65 increase.

Overall, Oklahoma Farm Bureau offers the cheapest rates for drivers with an at-fault accident on their records, with monthly premiums averaging $158 compared to Progressive's $214.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge, you can expect some pretty significant increases in your monthly car insurance bill -- generally a lot more than a collision or speeding ticket. Oklahoma Farm Bureau drivers usually see a 41% increase in their insurance rates after a DUI charge, while Progressive will typically raise premiums by about 16%.

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

In many cases, your credit score can be used as one of the factors to calculate your monthly auto insurance prices. This isn't always the case (Massachusetts, for example, has banned the use of credit score as a rating factor) but it will come into play for a lot of drivers.

The reasoning car insurance companies use is that policyholders with bad credit will be less likely to pay their bills on time; so usually, they'll be asked to pay more, while those with good credit will be rewarded with cheaper rates.

Looking at Oklahoma Farm Bureau and Progressive specifically, which carrier has the lowest prices for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

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

Did you know that the amount of time you spend in your car have a big impact on your monthly auto insurance payment? That's because the more miles you drive, the more likely you are to get into an accident and cause an insurance claim.

In this case, neither Oklahoma Farm Bureau or Progressive report increasing premiums for drivers with higher annual mileage figures. That being said, Oklahoma Farm Bureau comes out as the most affordable for drivers at both intervals, whether they put 6,000 or 12,000 miles on their car yearly, with average rates of $174 per month for both.

Oklahoma Farm Bureau vs. Progressive: Compare Rates for Urban, Suburban, and Rural Drivers

Where you call home can have a considerable impact on your monthly insurance cost. Generally, those who live in rural areas will pay less than policyholders in urban areas because of the small number of vehicles that are on the roads in those areas.

Looking at these carriers side-by-side, Oklahoma Farm Bureau normally comes out as the more affordable option for drivers in rural and urban areas, while Progressive wins in suburban areas.

In urban areas, Oklahoma Farm Bureau Insurance's average premiums are around 12% less than Progressive. Drivers in suburban ZIP codes pay about 5% less with Progressive compared to Oklahoma Farm Bureau. If you live in a rural area, you can expect to save around 1% with Oklahoma Farm Bureau compared to Progressive.

Oklahoma Farm Bureau vs. Progressive Discounts

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

But where do you even start? With what seems like a million different discounts out there, it may be challenging to find all the ones you can take advantage of.

In the section below, we've taken a look at all of the different discounts Oklahoma Farm Bureau and Progressive offer their customers so that you can easily see which company offers the most discounts and see which ones you might be able to take advantage of.

Progressive blows Oklahoma Farm Bureau away when it comes to the sheer amount of discounts available, offering 34 different discounts to Oklahoma Farm Bureau's five.

There are a couple discounts both companies offer, but Progressive also offers ABS discounts, advance quote discounts, advanced safety feature discounts, and more that Oklahoma Farm Bureau does not.

Oklahoma Farm Bureau's discounts come through just a few categories, including Defensive Driver, Good Student, Group Discount, and more.

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

So, we've broken down the average prices for many of the variables insurance carriers look at, and walked through the different discounts each carrier offers, too. That's all well and good, but at the end of the day, which company is the right one for you and your specific profile and needs?

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

• You have an at-fault collision on your record.
• You live in an urban area.
• You're buying auto insurance for a teen and looking for a wallet-friendly option.

Progressive might be best for you if...

• You already have plans to move to another state -- undefined only offers policies in.
• Your credit score is high.
• Your home is located in the suburbs.

We hope this guide helps you get a better idea of the difference between Oklahoma Farm Bureau and Progressive and that you can now make a more informed decision when it comes to your insurance.

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

Oklahoma Farm Bureau vs. Progressive FAQs

Is Oklahoma Farm Bureau or Progressive cheaper?

Looking just at the national average rates, Oklahoma Farm Bureau is the less expensive of the two companies, offering average rates of $174 a month compared to $180 for Progressive. However, Oklahoma Farm Bureau won't necessarily be the cheapest carrier for each policyholder, since there are a variety of different factors (things like age, driving record, gender, etc.) that play a role in how much you pay.

Who is better, Oklahoma Farm Bureau or Progressive?

Sadly, the only answer we can give you is "it depends.". Neither company is "better" for everyone -- it all boils down to your unique insurance profile.

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

Car insurance carriers take a look at lots of different variables when calculating the prices they charge drivers. Factors like where you live, gender, where you park your car, age, and sometimes even things like your credit score can all come into play. Both Oklahoma Farm Bureau and Progressive calculate premiums using different formulas, so each one will most likely offer different rates. The only real way to see which carrier is the most affordable for you is by comparing personalized quotes from many different companies.

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

The only way to find the auto insurance company that's right for you is by getting quotes from several carriers and finding the one best suited for your individual budget. Luckily, Compare.com does all the hard work for you. Just enter your information once and you'll get free quotes from dozens of the best insurance companies in your area. That way, you can guarantee you're getting the lowest price. And who knows, the best carrier for you might not be Oklahoma Farm Bureau or Progressive at all!

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.