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

Quick Facts

• Looking at the national averages for insurance, Oklahoma Farm Bureau offers cheaper premiums than Shelter
• Oklahoma Farm Bureau tends to be a much more affordable option for policyholders whose driving record contains an at-fault collision
• Shelter offers more affordable rates for policyholders who live in suburban areas

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

Are you in the market for a new insurance policy? After all, you've seen ads from all sorts of companies offering hefty savings. But exactly how much can you save by switching?

You might have narrowed your search down to Oklahoma Farm Bureau or Shelter as your top options, but between the two, which one has less expensive premiums for car insurance?

Looking at nationwide averages, Oklahoma Farm Bureau is around $34 a month cheaper than Shelter.

That being said, Oklahoma Farm Bureau may not be the lowest or best option for every driver out there. Auto insurance carriers vary their prices depending on things like how old you are, how clean your driving record is, where you live, how good your credit score is, and a ton of other factors, so rates could differ drastically from person to person.

Luckily, we've broken down average prices from both Oklahoma Farm Bureau and Shelter by many different rate factors, so read on to find out which company is the best for you.

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

Oklahoma Farm Bureau and Shelter only compete against each other in Oklahoma, where Shelter offers the cheaper average premiums. Shelter drivers tend to pay about $15 per month less on average compared to drivers who use Oklahoma Farm Bureau for their insurance.

But there's more to calculating car insurance rates than just where you call home. Keep reading to find out more.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive auto insurance premiums of any group out there on the road. That's 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 prices, teen drivers can still find ways to save money. Just look at the table above -- where 18-year-old drivers who have Oklahoma Farm Bureau for their insurance pay 15% less than those who use Shelter.

Even so, with both companies, you'll see your rates drop significantly once you turn 25. For example, average prices for Oklahoma Farm Bureau policyholders lower about $200 and Shelter's premiums reduce around $250 over that time.

Which is the Best Company for Retired Drivers?

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

So, which carrier offers the best prices to retired drivers? Oklahoma Farm Bureau gets the edge, with rates for drivers 65 and older over 15% more affordable than the national average for Shelter.

Which is the Best Company for Married Drivers?

You may not be aware, but insurance premiums tend to be less expensive for married policyholders than they are for those who are single. That's because policies for married drivers typically cover more than one vehicle, which quite a few carriers will give you a discount for.

For single drivers, the difference in average rates between these two companies is significant, with Oklahoma Farm Bureau prices coming in at about 15% less than Shelter's. The advantage for married couples with Oklahoma Farm Bureau is also obvious, where drivers save almost $25 a month.

Oklahoma Farm Bureau or Shelter: Average Rates by Gender

Women tend to pay less for car insurance than men. This is because men are statistically more likely than women to get speeding tickets and get into accidents, which leads to increased risk for insurers and, therefore, higher premiums.

Normally, men see rates nearly 15% per month higher with Oklahoma Farm Bureau, and around 11% more with Shelter.

Looking at the data for each company specifically, Oklahoma Farm Bureau comes out as the cheapest option for both genders. On average, women save about $35 a month and men save about $33 with Oklahoma Farm Bureau compared to the average Shelter policyholder.

Oklahoma Farm Bureau vs. Shelter: 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 insurance can be pretty complicated. There are so many different terms and coverages that it can make it pretty confusing to find the right policy for you.

The two most common policies that drivers look at fall into two categories -- liability coverage (that covers bodily injury and property damage for other drivers and passengers if you cause a collision) and full coverage (which normally refers to having collision and comprehensive coverages in addition to what you get with liability).

Looking specifically at state minimum liability insurance, Oklahoma Farm Bureau has the significant edge, with average monthly prices coming in at $93. If you want a full coverage policy with the same state minimum limits, Oklahoma Farm Bureau again has the edge, with policies averaging around $256 per month to Shelter's $288.

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

It's no secret -- drivers with good records end up getting the best deals on their car insurance. But that's not to say you can't save money if you don't have the best driving record, either.

Accidents and speeding tickets will most likely raise your rates, but is Oklahoma Farm Bureau or Shelter more affordable for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Oklahoma Farm Bureau for their auto insurance can typically expect their monthly bill to go up about 10% after getting a speeding ticket. Shelter policyholders can expect a bit more drastic of an increase of around 22%.

But Oklahoma Farm Bureau has less expensive premiums for drivers in both categories, offering prices that are 0% and 13% cheaper, respectively, compared to Shelter Insurance.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their insurance through Oklahoma Farm Bureau can expect to see about an $16 -- or around 10% -- rise in their auto insurance rates. Drivers who use Shelter for their car insurance will see a monthly bill about $92 (or 39%) more expensive after reporting an accident to their auto insurance carrier.

At the end of the day, Oklahoma Farm Bureau offers the lowest premiums for drivers with an at-fault accident on their records, with average prices coming in at $158 compared to Shelter Insurance's $234.

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 insurance bill -- usually a lot more than a collision or ticket. On average, Shelter will increase your premiums around 49% after a DUI, while Oklahoma Farm Bureau's average prices climb by more than 40%.

But if you end up with a DUI charge and are looking for more affordable rates, Oklahoma Farm Bureau tends to be less expensive for the average driver, with monthly premiums coming in at about $240 to Shelter's $277.

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

You may not have known, but your credit score can come into play when carriers determine your monthly bill. This isn't true for everyone (for example, Massachusetts and California are two states that ban the practice entirely), but it does affect lots of drivers out there.

Car insurance companies argue that someone with good credit is more likely to pay their bills on time, which makes them less risky to insure. Because of that, policyholders with good credit will often be rewarded with cheaper prices.

Looking specifically at Shelter and Oklahoma Farm Bureau, which carrier has the cheapest rates 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 Shelter 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 premiums? Normally, the more milage you put on your car, the more you can expect to pay for insurance.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Oklahoma Farm Bureau charges. However, there's a small difference in monthly prices for Shelter, with policyholders who drive 6,000 miles every year paying around $11 less each month compared to those who drive 12,000 miles annually. Still, for drivers in both categories, Oklahoma Farm Bureau is the more affordable company.

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

Where you live can play a substantial role in how much you pay for auto insurance. Generally, those who live in urban areas will pay more than policyholders in rural areas due to the number of vehicles that are on the roads where they live.

Oklahoma Farm Bureau tends to offer the lowest option for drivers in rural and urban areas, while Shelter wins in suburban areas.

For drivers in urban ZIP codes, Oklahoma Farm Bureau Insurance's average rates are about $53 less than Shelter Insurance. People who live in suburban areas pay around $2 less with Shelter compared to Oklahoma Farm Bureau. Those in rural areas can expect to save about $51 with Oklahoma Farm Bureau compared to Shelter.

Oklahoma Farm Bureau vs. Shelter Discounts

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

But with what seems like a million different discounts out there, it can be challenging to find all the ones you qualify for or to nail down the company that has the most discounts for your unique driver profile.

Luckily, we did the hard work for you and compared all of the different discounts offered by Oklahoma Farm Bureau and Shelter so that you can see which company can save you the most money each month.

Overall, Shelter has the advantage when it comes to total number of discounts. Oklahoma Farm Bureau offers a grand total of five discounts, while Shelter has 10.

Both carriers offer many 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 Shelter also offers discounts for advance quote, anti-theft, driver training, and more.

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

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

So, we've broken down the average premiums for many of the variables auto insurance companies look at, and we've shown you all the discounts each carrier offers. That's all well and good, but at the end of the day, is Oklahoma Farm Bureau or Shelter the best carrier for you and your specific needs?

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

• Your driving record includes a DUI charge.
• You live in a rural neighborhood.
• You and your spouse are buying insurance together.

Shelter might be best for you if...

• You're looking for the company with the most discounts.
• You live in an suburban area.

Hopefully, this guide helps you get a better idea of the difference between Oklahoma Farm Bureau and Shelter and that it aids in making a more informed decision about your car insurance.

But, at the end of the day, there's only one way to know for sure that you're getting the best possible deal on insurance -- comparing quotes from a handful of carriers, not just Oklahoma Farm Bureau and Shelter. Luckily, Compare.com does all the hard work for you. Just enter your ZIP code below and get multiple quotes from some of the best auto insurance companies in your area, all for free.

Oklahoma Farm Bureau vs. Shelter FAQs

Is Oklahoma Farm Bureau or Shelter cheaper?

Oklahoma Farm Bureau is the less expensive of the two carriers when looking at national average prices, with policies averaging $174 a month with Oklahoma Farm Bureau and $208 for Shelter. However, that doesn't mean Oklahoma Farm Bureau will be the cheapest carrier for every policyholder, since there are multiple 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 Shelter?

Unfortunately, the answer truly is "it depends.". Neither company is "better" for everyone -- it all boils down to your unique car insurance profile. For example, Shelter is more affordable for drivers with excellent credit, while Oklahoma Farm Bureau offers cheaper rates for drivers with a recent DUI.

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

Auto insurance companies use a lot of different variables when determining the prices they charge. Factors like your driving record, gender, where you park your car, age, and sometimes even things like your credit score can all be taken into consideration. Both Oklahoma Farm Bureau and Shelter calculate premiums using different formulas, so it's likely they'll offer different rates. The best way to determine which carrier is the most affordable for you is by comparing personalized quotes from a range of different carriers.

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

The only way to find the insurance company that's right for you is by getting quotes from multiple 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 area information and you'll get quotes from dozens of your local top car insurance carriers for free. That way, you can guarantee you're getting the cheapest premium. And maybe you'll find that the best carrier for you isn't Oklahoma Farm Bureau or Shelter 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.