Finding the Best Renters Insurance in Oklahoma
Renters insurance, though not expensive, can help you save thousands of dollars whenever you experience a loss. So, if you rent an apartment, make sure to get one as it is your only protection from any future mishap. Oklahoma is a state brimming with people, rated 28th in the US population. With a high number of inhabitants, housing is as essential as other needs. Therefore, finding even renters insurance won't entail much hassle. According to Census ACS data in 2017, 40.58% of Oklahoma residents were renting their homes. There are many renters to speak to concerning getting the best and cheap renters insurance in Oklahoma. This market also has consultants who can give helpful advice on how to sort out insurance companies. Introverts don't have a problem either. By accessing various insurance based websites, reviews and tips can be gotten and used as precursors for your final insurance choice. Renters insurance companies themselves aren't doodling. Their sites are open for visiting to get adequate information and will aid your registration upon choosing their bundles. You are to cut off making calls and journeying to different offices making inquiries. The process of purchasing insurance that is known for its stress is now made easy.
| Renters Insurance Costs in Oklahoma | Price |
|---|---|
| Avg. Price of Renters Insurance in Oklahoma Annually | $426.62 |
| Avg. Price of Renters Insurance in Oklahoma Per Month | $35.55 |
Renters Insurance in Oklahoma at a Glance
Oklahoma is in the neighborhood of big states like Texas and Arkansas. This fact has a big impact on the renters' insurance costs in the state; the other mentioned states have high renters insurance costs. The average cost for renters insurance in Oklahoma is $29 per monthly premium. The annual cost is roughly $260, which is pretty huge in comparison to other states. It has one of the highest renters insurance in the United States. Of about 30 cities in Oklahoma, Enid, Edmond, and Broken Arrow have the cheapest average tenants insurance with $27 monthly, while Del City has the most expensive insurance at $33. Furthermore, statistics out of Affordable housing online shows that 58.9% of renters in Oklahoma spend 30% or more of their income on gross rent and utilities. Agreeably, the housing costs in this state is no child's play.
| City in Oklahoma | Costs Per Month for Renters Insurance | Average Costs Per Year for Renters Insurance |
|---|---|---|
| Oklahoma City, OK | $40.65 | $487.84 |
| Tulsa, OK | $29.59 | $355.04 |
| Norman, OK | $38.20 | $458.40 |
| Broken Arrow, OK | $29.55 | $354.56 |
| Edmond, OK | $39.55 | $474.56 |
| Lawton, OK | $35.60 | $427.20 |
| Moore, OK | $40.09 | $481.12 |
| Midwest City, OK | $41.40 | $496.80 |
| Stillwater, OK | $33.33 | $400.00 |
| Enid, OK | $33.68 | $404.16 |
| Muskogee, OK | $28.96 | $347.52 |
| Owasso, OK | $29.00 | $348.00 |
| Bartlesville, OK | $28.12 | $337.44 |
| Shawnee, OK | $35.31 | $423.68 |
| Yukon, OK | $40.19 | $482.24 |
| Bixby, OK | $29.96 | $359.52 |
| Ardmore, OK | $31.61 | $379.36 |
| Ponca City, OK | $34.13 | $409.60 |
| Jenks, OK | $29.92 | $359.04 |
| Duncan, OK | $36.61 | $439.36 |
| Mustang, OK | $39.95 | $479.36 |
| Del City, OK | $40.67 | $488.00 |
| Sapulpa, OK | $32.12 | $385.44 |
Is Renters Insurance Required in Oklahoma
There is no renters insurance required in Oklahoma. The same thing goes for Oklahoma renters insurance requirements, as you need nothing of such. Perhaps the landlord demands an insurance bundle in the lease agreement; in this case, the law requires the tenant to fulfill whatever the contract says. Nevertheless, you are legally allowed to purchase a bundle if you so desire. With a renters insurance in hand, you and your belongings are protected from the threat of damage, theft, and other liabilities. One would wonder whether the apartments should have an insight policy; yes, it is even stipulated by the law, but it doesn't cover you. The landlord insures his building alone. So you need your own protection. The size of the house or the apartment is thereby of less concern to you. A big building is as good as a makeshift shop. The amount to pay is based on other factors, basically the insurance's coverage. Fires, floods, and hurricanes are common natural disasters in Oklahoma, and you may not get warnings in advance. So, renters' insurance in hand puts you in a haven.
How Much is Renters Insurance in Oklahoma
Renters insurance in Oklahoma is generally on the high side. State Farm insurance companies offer low-cost renters insurance in Oklahoma with a friendly $19, and Farmers insurance presents a high cost of $39; however, the average renters' insurance in Oklahoma state costs about $29. These prices are affected by certain factors, anyway. As in other states, similar factors affect the renters' insurance rates in Oklahoma. They are the amount of coverage, deductible amount, the location of the rented place, and discounts. The amount of coverage is the number of things or items under your insurance bundle. Your coverage can be reduced and decreased at will. Deductibles are also vital. A cash deductible paid out of pocket when making a claim. Higher deductibles reduce insurance premium rates. Discounts are rampant features initiated by companies to encourage their customers. Renters insurance companies usually compromise premiums for people who patronize them on other insurance platforms like for cars. The inclusion of possible natural disasters that may occur also affect the average renters' insurance in Oklahoma.
| Rate of Renters Insurance in Oklahoma by County | Costs Per Month | Costs Per Year |
|---|---|---|
| Adair County, OK | $30.08 | $361.00 |
| Alfalfa County, OK | $36.05 | $432.60 |
| Atoka County, OK | $31.70 | $380.40 |
| Beaver County, OK | $37.68 | $452.20 |
| Beckham County, OK | $36.92 | $443.00 |
| Blaine County, OK | $37.72 | $452.60 |
| Bryan County, OK | $32.43 | $389.20 |
| Caddo County, OK | $37.55 | $450.60 |
| Canadian County, OK | $39.27 | $471.20 |
| Carter County, OK | $33.18 | $398.20 |
| Cherokee County, OK | $29.85 | $358.20 |
| Choctaw County, OK | $31.37 | $376.40 |
| Cimarron County, OK | $35.18 | $422.20 |
| Cleveland County, OK | $38.38 | $460.60 |
| Coal County, OK | $33.52 | $402.20 |
| Comanche County, OK | $35.68 | $428.20 |
| Cotton County, OK | $36.83 | $442.00 |
| Craig County, OK | $30.97 | $371.60 |
| Creek County, OK | $33.13 | $397.60 |
| Custer County, OK | $32.63 | $391.60 |
| Delaware County, OK | $30.02 | $360.20 |
| Dewey County, OK | $37.38 | $448.60 |
| Ellis County, OK | $37.67 | $452.00 |
| Garfield County, OK | $35.12 | $421.40 |
| Garvin County, OK | $33.80 | $405.60 |
| Grady County, OK | $37.92 | $455.00 |
| Grant County, OK | $35.62 | $427.40 |
| Greer County, OK | $37.12 | $445.40 |
| Harmon County, OK | $35.50 | $426.00 |
| Harper County, OK | $37.45 | $449.40 |
| Haskell County, OK | $32.00 | $384.00 |
| Hughes County, OK | $33.97 | $407.60 |
| Jackson County, OK | $36.27 | $435.20 |
| Jefferson County, OK | $36.33 | $436.00 |
| Johnston County, OK | $33.55 | $402.60 |
| Kay County, OK | $34.88 | $418.60 |
| Kingfisher County, OK | $38.48 | $461.80 |
| Kiowa County, OK | $36.45 | $437.40 |
| Latimer County, OK | $31.48 | $377.80 |
| Le Flore County, OK | $31.43 | $377.20 |
| Lincoln County, OK | $34.88 | $418.60 |
| Logan County, OK | $37.92 | $455.00 |
| Love County, OK | $35.73 | $428.80 |
| Major County, OK | $36.48 | $437.80 |
| Marshall County, OK | $34.05 | $408.60 |
| Mayes County, OK | $30.52 | $366.20 |
| McClain County, OK | $37.67 | $452.00 |
| McCurtain County, OK | $31.28 | $375.40 |
| McIntosh County, OK | $32.30 | $387.60 |
| Murray County, OK | $33.18 | $398.20 |
| Muskogee County, OK | $30.85 | $370.20 |
| Noble County, OK | $35.70 | $428.40 |
| Nowata County, OK | $30.80 | $369.60 |
| Okfuskee County, OK | $34.13 | $409.60 |
| Oklahoma County, OK | $39.25 | $471.00 |
| Okmulgee County, OK | $32.43 | $389.20 |
| Osage County, OK | $32.02 | $384.20 |
| Ottawa County, OK | $30.05 | $360.60 |
| Pawnee County, OK | $33.38 | $400.60 |
| Payne County, OK | $32.95 | $395.40 |
| Pittsburg County, OK | $31.65 | $379.80 |
| Pontotoc County, OK | $33.52 | $402.20 |
| Pottawatomie County, OK | $35.10 | $421.20 |
| Pushmataha County, OK | $32.00 | $384.00 |
| Roger Mills County, OK | $36.58 | $439.00 |
| Rogers County, OK | $30.08 | $361.00 |
| Seminole County, OK | $34.68 | $416.20 |
| Sequoyah County, OK | $30.63 | $367.60 |
| Stephens County, OK | $36.23 | $434.80 |
| Texas County, OK | $36.63 | $439.60 |
| Tillman County, OK | $36.78 | $441.40 |
| Tulsa County, OK | $30.38 | $364.60 |
| Wagoner County, OK | $30.67 | $368.00 |
| Washington County, OK | $29.88 | $358.60 |
| Washita County, OK | $37.48 | $449.80 |
| Woods County, OK | $36.52 | $438.20 |
| Woodward County, OK | $36.75 | $441.00 |
What Does Renters Insurance Cover in Oklahoma
As mentioned earlier, every insurance plan has its coverage in Oklahoma. The standard insurance covers your belongings and some other concerns. The coverage packages can be categorized into three parts; personal property, liabilities, and additional expenses. Liabilities and extra costs are secondary requirements people add to make their insurance bundle more versatile. Those damages you are responsible for are your liabilities, while the extra costs could pop up when a particular event occurs. An instance to spend some more money is a hotel bill if your apartment gets flooded. Concerning floods, natural disasters should be taken into consideration. Heavy storms, sudden fires, and floods are common disasters in Oklahoma. Adding insurance against them in your policy will widen your coverage and let you sleep peacefully at night. Replaceable cost coverage is equally a rare perk. This feature gives your cash enough for repurchasing affected items; the regular packages will refund you with the property's initial value. A regular package might be little or no help with stolen or damaged items. That's about coverage.
Best Renters Insurance Companies in Oklahoma Based on Consumer Ratings
Consumers of insurance policies looking out for the necessities one should provide. Besides standout rates and reasonable coverage on packages, customer service should be top-notch. Mishaps have no specific days to take place, so companies should always ready themselves for distress calls. Who doesn't fancy speedy responses? Insurance companies in Oklahoma have their strengths and weaknesses alike. Below are the attributes of some notable companies according to consumer feedback. LIBERTY MUTUAL- known for affordable insurance rates, low minimum coverage, and provision of replacement insurance costs. However, their services and coverage options are second-rate. STATE FARM- Quite popular in Oklahoma and beyond for their low prices and dependable service, available coverage options won't wow you. AAA INSURANCE COMPANIES-Asides the auto insurance initiative, there are AAA renter insurance companies in Oklahoma. In comparison to its fellow companies, AAA charges high amounts on their renters premium, but in good news, they are always at your beck and call. GEICO INSURANCE COMPANIES-GEICO, like AAA, has various insurance types. GEICO insurance companies in Oklahoma offer competitive rates, fast claims processes, and time-saving insurance quoting. On the flip side, they do not give discounts and could demand an increased premium from people with low credit scores.
| Renters Insurance Company In Oklahoma | JD Power Rating | NAIC Rating |
|---|---|---|
| AAA Ratings for Renters Insurance in Oklahoma | 2/5 | 1.27 |
| Allstate Ratings for Renters Insurance in Oklahoma | 3/5 | 0.29 |
| Farmers Ratings for Renters Insurance in Oklahoma | 3/5 | 0.47 |
| State Farm Ratings for Renters Insurance in Oklahoma | 3/5 | 0.19 |
| Travelers Ratings for Renters Insurance in Oklahoma | N/A | 0.28 |
| USAA Ratings for Renters Insurance in Oklahoma | 5/5 | 0.14 |
| American Farmers & Ranchers Mutual Ratings for Renters Insurance in Oklahoma | N/A | 1.11 |
| American National Ratings for Renters Insurance in Oklahoma | N/A | 0.69 |
| Oklahoma Farm Bureau Ratings for Renters Insurance in Oklahoma | N/A | 0 |
Compare Renters Insurance in Oklahoma for the Best Rates
Just as previously stated, a couple of factors should be considered when picking the best renters insurance in Oklahoma. Since you know that none of them is complete in its entirety, you must look for the features that are necessary for you. Also, check the downsides of each insurance to know your compromises. Someone may favor a policy with pocket-friendly rates and not mind the insurance company's representatives showing up three days after his call; another person would object to such negligence. Everyone has their rates. After talking to experienced renters and insurance consultants, you will have enough information, including areas of renters insurance you never understood. Websites are numerous online that give reviews under star rating or using figures drawn from certain perimeters. These ratings are put up by consumers and professionals in insurance. Place reviews side by side; definitely, a company that resonates in the minds of many is doing good enough. Don't forget to strive for the affordable renters' insurance Oklahoma gives its tenants.