Best Homeowners Insurance In Oklahoma For 2024

Nationwide has achieved an A+ (Superior) rating for financial strength from AM Best, but customer satisfaction is low, as reflected in several negative online reviews from policyholders. The company has a large agent network across Oklahoma, with many local offices.

Nationwide’s standard home insurance includes unique coverage not found with many other insurers, such as reimbursement for credit card fraud and compliance with updated building codes if you need to rebuild.

Your policy can be customized with special options like Better Roof Replacement, which will cover the cost of upgraded roofing materials after a qualifying event.

Brand New Belongings provides replacement cost coverage for your personal items. If they are damaged or destroyed, you’ll initially get reimbursed for their depreciated value, then you can buy replacements, submit the receipts, and Nationwide will cover the difference.

Not only does Farmers excel in the perks it offers, but it also scores high in “online experience” due to its ability to clearly explain these benefits and discounts to both current and prospective policyholders. Some of these perks include:

• Claim-Free Discount: If you haven’t filed a claim for three years, you can get a discount on your home insurance.
• Claim Forgiveness: After five claim-free years with Farmers, your rates won’t go up after filing a claim.
• Declining Deductible: Receive $50 annually toward your deductible as long as your policy remains in effect.
• Multi-Policy Savings: Save up to 34% on your Farmers home insurance by bundling multiple policies.
• Guaranteed Replacement Cost: Farmers covers the entire cost to rebuild your home, no matter how high it is.

Farmers’ 9.3/10 overall score is influenced by its low customer satisfaction ratings for policyholder service from J.D. Power.

We ranked State Farm as the best overall choice based on its robust network of agents in Oklahoma, strong customer satisfaction, and reasonable premium costs. Its high J.D. Power service ratings are key, not only because agents are accessible after major events like tornadoes but also due to its large number of claims adjusters and offices across the state.

With State Farm, you can start with a standard homeowners policy and add extra coverage to suit your requirements. Available options include protection for rebuilding under new ordinances, identity theft, and coverage for valuables like jewelry or collectibles. State Farm boasts an A++ rating for financial strength from AM Best, the highest possible score.

Starting a quote with State Farm is easy online, but buying a policy requires assistance from a local agent. State Farm customers can manage their accounts, file claims, and go paperless through the website or app. Additionally, the site offers an informative resource library on insurance topics.

Chubb has the least expensive home insurance in Oklahoma, with an average yearly premium of $1,362, which is $1,170 lower than the statewide average.

Chubb delivers affordable home insurance rates in Oklahoma without sacrificing coverage quality. Specializing in high-value homes, Chubb boasts strong financial stability and exceptional customer service. Their policies include extended replacement cost coverage, ensuring your items are repaired or replaced, regardless of depreciation.

Allstate provides 11 different discounts for home insurance, which is notably higher than the industry standard of seven. As a home insurance analyst, I recognize that some of these discounts are quite distinctive.

Allstate provides these discounts:

Loyalty: Save up to 10% for staying with Allstate when you renew.
Home buyer: Discount available for people who have recently bought a home.

Bundle: Save up to 25% by bundling your car and home insurance.
Automatic payment: Get up to 5% off for using automatic payments.

Claims forgiveness: A coverage option that keeps your premium from increasing after filing a claim.
Claims-free: Customers can earn 5% back at renewal if they have no claims each year.
Deductible reward: Receive $100 off your deductible when you sign up.
New home: Discount for insuring a newly built home.
Responsible payment: Extra discount for a strong payment history.
Early payment: Save up to 10% for purchasing a new policy at least seven days in advance.
Protective device: Discount for installing fire and security systems.

Allstate goes beyond the industry standard of five by offering nine optional coverage choices for homeowners insurance. In addition to popular options like identity theft protection and scheduled personal property, Allstate includes a unique yard and garden insurance option, boosting coverage limits for landscaping and riding lawnmower replacements.