Who Has the Cheapest Motorcycle Insurance in Oklahoma?
Progressive offers the cheapest motorcycle insurance quotes in Oklahoma, at $557 per year — 27% cheaper than the state average.
Compare Motorcycle Quotes in Oklahoma
Motorcycle insurance can help protect you from major financial setbacks if you're at fault in an accident. ValuePenguin collected dozens of quotes from across the state to help Oklahoma riders find the best cheap motorcycle insurance.
Cheapest motorcycle insurance companies in Oklahoma
Progressive has the cheapest motorcycle insurance quotes in Oklahoma, at $557 per year for a full coverage policy. By contrast, Dairyland had the highest rates, charging 41% more than the Oklahoma state average.
We found the average cost of motorcycle insurance in Oklahoma is $767 per year, or $64 per month.
Compare Motorcycle Insurance Quotes in North Dakota
Company | Average annual cost | |
|---|---|---|
| Progressive | $557 |
| Allstate | $715 |
| Geico | $717 |
| Dairyland | $1,078 |
| Average | $767 |
Best motorcycle insurance for most people: Progressive
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Editor rating
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Annual rate
$557 ?
Why it's great
Progressive offers Oklahoma riders with low rates, solid customer service and lots of coverage options.
Progressive has the lowest motorcycle insurance quotes in the state.
The average cost of motorcycle insurance is $767 per month. Progressive charges $557 per month, which is $210 less.
Progressive also gets fewer complaints than similar companies, according to the National Association of Insurance Commissioners (NAIC).
And Progressive offers lots of discounts. They include:
- Being a member of certain associations
- Getting a valid motorcycle license or adding motorcycle insurance to your driver's license
- Bundling multiple forms of insurance together
- Asking for a quote more than one day before your policy starts
- Transferring from another insurance company to Progressive
- Taking a safety course
- Avoiding tickets or accidents for at least three years
- Paying for your entire policy up front
- Consistently making payments on time
- Using autopay for your bill
Progressive also stands out for the many coverages it offers customers. The company automatically includes the following endorsements with its motorcycle policies:
- Full replacement cost, which doesn't factor in wear and tear on parts.
- Coverage for accessories and custom parts, with up to $3,000 included and up to $30,000 available for an extra fee
- OEM parts, which guarantees that Progressive will only do repairs with equipment made by the manufacturer
Customers can also add the following coverages on to their policy:
- Enhanced injury protection pays up to $250 a week for up to two years if you're hurt and can't work. And your family gets $25,000 if you're in a fatal accident.
- Carried contents pays for loss, damage or theft to any belongings you carry on your motorcycle.
- Roadside assistance and trip interruption covers the cost of a hotel, food and alternate transportation if an accident leaves you stranded away from home. You also get free towing to the nearest repair shop.
- Total loss coverage, if your motorcycle is less than two years old.
Best customer service: Allstate
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Editor rating
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Annual rate
$715 ?
Why it's great
Allstate had the fewest complaints for its size of any of the companies featured in our study.
Like Progressive, Allstate offers rates that are cheaper than the state average. A policy from Allstate in Oklahoma costs $715 per year on average, making it $52 cheaper than the state average.
However, Allstate really stands out for its exceptional customer service. The NAIC, which compares customer complaints for auto and motorcycle insurance, gave it a 0.63 on its Complaint Index. This means that Allstate received about a third fewer complaints than would be expected, given its size.
Allstate also offers rental reimbursement coverage. This is a helpful add-on for daily riders, who are guaranteed a replacement vehicle while their own motorcycle receives repairs. It also allows riders to get discounts for having safety features installed in their bike, such as a recovery device and antilock brakes.
Best for military families: USAA
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Editor rating
Why it's great
Military members get the cheapest rates if they insure their motorcycle with Progressive.
USAA partners with Progressive to sell motorcycle insurance policies. Military members and eligible family members get a 5% discount on motorcycle insurance. This discount, combined with Progressive's other discount opportunities, can result in exceptional deals for eligible shoppers.
USAA also receives fewer complaints than average, according to the NAIC Complaint Index. So you can count on the company to offer reliable service when you get in an accident. Riders have access to Progressive's long list of add-on coverages. This added perk is for those who want extra protection for their motorcycle.
Best-rated Oklahoma motorcycle insurance companies
Allstate had the best customer service reputation of the companies we looked at, while Dairyland had the worst. Dairyland received more than double the complaints than would be expected for its size, while Allstate received about one-third fewer.
Company | NAIC Complaint Index | AM Best rating |
|---|---|---|
| Allstate | 0.63 | A+ |
| Dairyland | 2.69 | A+ |
| Geico | 1.32 | A++ |
| Progressive | 0.77 | A+ |
| USAA | 0.85 | A++ |
Be aware that the NAIC combines car and motorcycle insurance complaint data into a single category for its Complaint Index. The scores you see reflect the company's rates of complaints for both motorcycle and car insurance service.
Financial stability is an important part of customer service. A financially unstable company may not be able to pay out all claims when you need them to. All of the companies in our study received an A+ or A++ Financial Strength Rating from A.M. Best. That means they have a "superior" ability to pay out claims.
Oklahoma motorcycle insurance cost by city
Insurance companies factor in your location when setting your insurance rates, as your location helps determine your risk. High crime rates and traffic increase your chance of needing to make a comprehensive and collision claim.
Durant has the cheapest rate in Oklahoma, $638 per year. Broken Arrow has the highest rate, $898 per year.
City | Annual rate | Difference from statewide average |
|---|---|---|
| Ada | $758 | -1% |
| Altus | $717 | -6% |
| Ardmore | $717 | -6% |
| Bartlesville | $764 | 0% |
| Bixby | $839 | 9% |
Oklahoma motorcycle insurance requirements
Oklahoma law does not require motorcycle riders to have insurance. If they prefer to, they can make a deposit of $75,000 to the state Department of Public Safety or get a surety bond.
However, purchasing insurance is often the more affordable choice. The minimum coverages you must have on an Oklahoma insurance are:
Coverage | Limits |
|---|---|
| Bodily injury liability coverage | $25,000 per person, $50,000 per accident |
| Property damage liability insurance | $25,000 per accident |
ValuePenguin urges riders to get higher coverage than the state minimum. Collision and comprehensive coverage protect your motorcycle in an accident. Increasing your liability limits will help you better manage costs resulting from an accident where you're at fault.
Methodology
ValuePenguin gathered motorcycle insurance rate data from four major insurance companies: Progressive, Allstate, Geico and Dairyland. Rates are for a 45-year-old man with a 2021 Harley Davidson Street Glide, which he protects with the following coverages:
- Bodily injury liability: $100,000 per person/$300,000 per accident
- Property damage liability: $50,000
- Collision: Included/$500 deductible
- Comprehensive: Included/$500 deductible
- All other coverages: Not included unless legally required