Oklahoma renters insurance

Oklahoma renters insurance coverages

Check out the four standard coverages on nearly all Oklahoma renters insurance policies:

• Personal property protects your personal belongings, including furniture, clothing, and electronics whether they're inside your apartment or elsewhere
• Loss of use helps cover costs associated with an increase in living expenses, up to your policy's limit, if you're unable to stay in your home while it's being repaired or rebuilt due to a covered loss
• Personal liability protects you financially if you're legally responsible for another person's injuries or damage to their property
• Medical payments to others pays for medical expenses due to a covered occurrence

Additional coverages

The best renters insurance in Oklahoma is always a policy with customized coverage. Here are some extra options for when you need more protection:

• Add a rider: Certain valuable items, like jewelry, may have specific limits on your renters policy. If your item exceeds the limit, you may be able to purchase an endorsement called a rider for your policy to cover the item for its value
• Personal injury coverage: May pay for legal fees and damages if you’re liable for slander or defamation
• Water back-up coverage: Water that backs up through sewers or drains or discharges from a sump pump may not be covered by a standard renters policy. Water back-up coverage may pay for the damage to your belongings and water removal costs

Learn more about all of our renters insurance coverages.

Is renters insurance required in Oklahoma?

Renters insurance isn't required by law in Oklahoma, but it may be required by your landlord or rental company. Even if it's not required, renters insurance may offer a crucial safeguard for tenants renting homes, apartments, and condos.

Is renters insurance worth it in Oklahoma?

Renters insurance can provide important coverage for tenants in a variety of situations. For example:

• You must move out of your residence after a fire causes significant damage. Loss of use coverage may cover the cost of temporary lodging and food expenses, above what you normally spend and up to your coverage limit, while you're relocated.
• Your dog bites another resident in the elevator of your apartment complex. Depending on your policy, liability coverage may pay for their medical bills, up to the limit of your coverage.
• Someone breaks into your exterior storage locker and steals some of your things. Personal property coverage may pay the cost of replacing your stolen items, up to your coverage limit.

How much is renters insurance in Oklahoma?

Progressive renters policies in Oklahoma average monthly price of $23.09 or $277.03 for an annual policy in 2023.^** Remember that your cost for renters insurance is determined by many factors, including your location, type of residence, and claims history.

Coverage limits can also impact your policy’s premium. Generally, the more coverage you need, the more you pay. Use our personal property calculator to take a home inventory to help you determine the right coverage limit for personal property.

How can I save on renters insurance in Oklahoma?

Take advantage of renters insurance discounts to help lower the cost of your renters policy. Progressive offers discounts for bundling multiple policies, quoting in advance, paying in full, and living in a secured or gated community.

There may also be discounts that are only available in your state or county. Call 1-866-749-7436, or talk to a local agent to help ensure you're getting all applicable discounts.

How to quote renters insurance in Oklahoma