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

Quick Facts

• In general, State Farm offers slightly cheaper premiums than Oklahoma Farm Bureau
• Oklahoma Farm Bureau offers more affordable rates for drivers who have an at-fault accident on their record
• State Farm offers more affordable premiums for policyholders who have a clean driving record, free of accidents, tickets, or DUIs

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

Are you considering 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 might have narrowed it down to Oklahoma Farm Bureau or State Farm, but between the two, which company will offer you less expensive prices?

Looking at nationwide averages, State Farm is about $16 per month more affordable than Oklahoma Farm Bureau.

However, that doesn't mean State Farm will necessarily be less expensive than Oklahoma Farm Bureau for every driver. Auto insurance companies vary their premiums depending on things like how old you are, where you live, how good your credit score is, how clean your driving record is, and all sorts of other factors, so prices could change drastically from person to person.

So, if you want to find out which of Oklahoma Farm Bureau or State Farm is really the best for you, keep reading to see average rates for each carrier broken down by a bunch of different rate factors.

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

Oklahoma Farm Bureau and State Farm only compete against each other in Oklahoma, where State Farm offers the cheaper average prices. For Oklahoma residents, State Farm offers car insurance for $157 monthly on average. Oklahoma Farm Bureau's average premiums come out to be over 10% more expensive, at $174 a month.

There's a lot more that goes into your auto insurance cost than just the state you live in. Keep reading to find out more.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive insurance rates of any group on the road. That's typically 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 prices, teen drivers can still find ways to save money. Just look at the table above -- where 18-year-old drivers who have State Farm for their car insurance pay more than $20 less than those who use Oklahoma Farm Bureau.

Even so, both carriers will lower premiums once you turn 25. For example, average rates for Oklahoma Farm Bureau policyholders drop over $200 and State Farm's premiums decrease around $200 over that time.

Which is the Best Company for Retired Drivers?

When it comes to insurance, patience and experience pay off, with drivers around retirement age paying some of the lowest rates you can find.

But who has the best prices for retired drivers between Oklahoma Farm Bureau and State Farm? State Farm gets the slight edge here, with average rates coming in at about $111 per month compared to Oklahoma Farm Bureau's $119.

Which is the Best Company for Married Drivers?

You may not be aware, but auto insurance prices tend to be more expensive for single drivers than they are for married policyholders. That's because policies for married couples normally cover more than one car, which a lot of companies will offer you a discount for.

If you're in the market for car insurance, State Farm tends to have the cheapest average premiums regardless of relationship status, with prices nearly $15 cheaper for married drivers and around $20 more affordable for single policyholders.

Oklahoma Farm Bureau vs. State Farm: Average Rates by Gender

You may not know, but men usually pay more for auto insurance than women do. This is because men are statistically more likely than women to get into accidents and get speeding tickets, which leads to increased risk for insurers and, therefore, higher rates.

With Oklahoma Farm Bureau, men generally pay almost 15% more a month than women., while with State Farm, the difference is closer to 7% per month.

When it comes to the most affordable premiums for each gender, State Farm comes out as the cheapest option for both genders. On average, women save about $9 a month and men save about $24 with State Farm compared to the average Oklahoma Farm Bureau policyholder.

Oklahoma Farm Bureau or State Farm: 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.

Insurance can be a complicated subject for most people. Everyone needs car insurance, but there are so many different limits and terms that it can be hard to find the right policy.

The two most common policies that many drivers look at fall into two categories -- liability only (that covers property damage and bodily injury for other drivers if you cause an accident) and full coverage (which includes comprehensive and collision coverages that protect your own vehicle, in addition to what you get with a liability policy).

In this case, Oklahoma Farm Bureau offers the most affordable average prices for state minimum liability limits, while State Farm has the edge for full coverage policies with similar coverage limits. Drivers looking for basic state minimum coverage can save around $6 with Oklahoma Farm Bureau Insurance, while full coverage comes out to be around $40 cheaper with State Farm.

Is Oklahoma Farm Bureau or State Farm 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.

Tickets and at-fault collisions will most likely raise your rates, but is Oklahoma Farm Bureau or State Farm more affordable for drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Oklahoma Farm Bureau policyholders can expect their prices to go up an average of $16 per month if they get a ticket, while State Farm usually raises premiums about $21 a month, on average.

That being said, State Farm is normally the less expensive option for both drivers who have a recent speeding ticket and those with clean records, offering rates that are $8 and $3 more affordable, respectively, compared to Oklahoma Farm Bureau Insurance.

Which Company is Best for Drivers After an Accident?

Oklahoma Farm Bureau policyholders who get in a collision can expect to see their premiums rise by over 10%, while those who have insurance through State Farm will see around a 20% increase.

Overall, Oklahoma Farm Bureau offers the lowest prices for drivers with an at-fault collision on their records, with monthly rates averaging $158 compared to State Farm's $163.

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 ticket or even an accident. On average, Oklahoma Farm Bureau will climb your prices about 41% after a DUI, while State Farm's average premiums increase by over 25%.

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

Did you know that many auto insurance carriers take into account your credit score when calculating prices? This isn't always the case (Massachusetts, for example, has banned the use of credit score as a rating factor) but it might come into play for several drivers.

The reasoning insurance companies use is that policyholders with good credit will be more likely to pay their bills on time; so they'll reward them with cheaper rates, while those with poor credit will generally be forced to pay more.

So, which company offers the best premiums for drivers with poor, average, or good credit?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is Oklahoma Farm Bureau or State Farm 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 sizable impact on your monthly car insurance bill? Typically, the more miles you drive, the more you can expect to pay for coverage.

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 rates for State Farm, with policyholders who drive the least paying around $13 less each month compared to those who drive 12,000 miles yearly. Still, State Farm is the less expensive option for drivers in both categories.

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

Where your home is can have a substantial impact on your monthly auto insurance payment. Normally, if you live in an urban area with more cars on the road, you'll pay a little more for car insurance, while the opposite is true for people in rural areas.

When comparing these two carriers side-by-side, State Farm generally comes out as the cheaper option for drivers in rural and suburban areas, while Oklahoma Farm Bureau wins in urban areas.

For drivers in urban ZIP codes, Oklahoma Farm Bureau's average premiums are about $182 per month compared to State Farm's $185. Drivers in suburban ZIP codes pay around $161 with State Farm compared to Oklahoma Farm Bureau's $189 a month. If you live in a rural area, you can expect to pay about $127 per month with State Farm and $152 with Oklahoma Farm Bureau.

Oklahoma Farm Bureau vs. State Farm Discounts

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

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.

Below, we've taken a look at all of the different discounts Oklahoma Farm Bureau and State Farm offer their customers so that you can see which carrier can save you the most money each month.

State Farm knocks Oklahoma Farm Bureau out of the park when it comes to the sheer number of discounts available, offering 23 different discounts to Oklahoma Farm Bureau's 23.

There are a couple discounts both companies offer, but State Farm also offers ABS discounts, annual mileage discounts, anti-theft discounts, and more that Oklahoma Farm Bureau does not.

On the flip side, Oklahoma Farm Bureau has a unique discount of its own -- a group discounts.

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

So, we've broken down the average prices for many of the factors insurance carriers look at, and we've shown you all the discounts each carrier offers. That's all well and good, but when it comes down to it, which company is the right fit for you?

State Farm might be best for you if....

• You're single and purchasing auto insurance by yourself.
• You're looking for more protection with "full coverage" insurance.
• You're married and plan to have both of your names on the vehicle's car insurance policy.

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

• Your driving record contains an at-fault accident.
• You want basic insurance coverage at the state minimum limits.
• Your neighborhood is in a city.

We hope this guide helps you get a better idea of the difference between Oklahoma Farm Bureau and State Farm and that it aids in making a more informed decision about your auto insurance.

At the end of the day, the sure-fire way to make sure you're getting the best deal on your car insurance policy is to compare quotes from a handful of companies, not just Oklahoma Farm Bureau and State Farm. Luckily, Compare.com makes it easy for you to do just that. Simply enter your ZIP codes below and get multiple free quotes from some of the best insurance carriers in your area, all in just a few minutes.

Oklahoma Farm Bureau vs. State Farm FAQs

Is Oklahoma Farm Bureau or State Farm cheaper?

Looking just at the national average premiums, State Farm is the less expensive of the two companies, offering average rates of $158 a month compared to $174 for Oklahoma Farm Bureau. But State Farm won't necessarily be the cheapest carrier for every policyholder, since there are many different variables (things like age, gender, driving record, etc.) that play a role in how much you pay.

Who is better, Oklahoma Farm Bureau or State Farm?

Sadly, the answer truly is "it depends.". One company is not necessarily "better" for each driver -- it all depends on what your unique auto insurance profile looks like.

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

Car insurance carriers take a look at many different factors when determining the prices they charge policyholders. Variables like where you live, age, gender, where you park your car, and sometimes even things like your credit score can all be taken into consideration. Both Oklahoma Farm Bureau and State Farm calculate rates using different factors, so each one will most likely offer different prices. The only real way to see which carrier is the lowest for you is by comparing personalized quotes from a variety of different companies.

How do I know if Oklahoma Farm Bureau or State Farm 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 car insurance companies in your area. With those, you can guarantee you're getting the most affordable price. And who knows, the best carrier for you might not be Oklahoma Farm Bureau or State Farm 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.