Cheapest Car Insurance Quotes in Spencer

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399,755 Policies Sold

Spencer Car Insurance

^$ 28

/mo

Written by Sara Sam

Edited by Renee Martin

Why you can trust Way?

The auto insurance rates published in this guide are based on the results of research completed by Way’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes will differ. Given this, it’s important to go through our insurance steps form to find how much you can save with Way.

Table of Contents

How Much Is Car Insurance in Spencer

The car insurance rate in Spencer is $1356 for a six-month policy, which is $177 higher than the higher than the state average. Root Insurance Company offers the lowest rates in the city at $943, making it a popular choice for budget-conscious drivers. Rates in Spencer can vary depending on your age, driving record, and coverage level, so not every driver will pay the same amount. Choosing a higher deductible, maintaining a clean driving history, and comparing quotes from multiple insurers can help you find better deals and save money over time.

Avg. Car Insurance in Spencer

$1356

Avg. Car Insurance in Oklahoma

$1179

National Average

$1140

Cheapest Car Insurance Companies in Spencer

1st place: Mercury

At $943 for a six month policy, Mercury offers the cheapest auto insurance rates in the city.

2nd place: USAA

USAA offers auto insurance rates at $990 for a six-month policy, making it one of the cheapest to insure with.

3rd place: Progressive

Progressive offers auto insurance rates at $1099 for six months, making it the third cheapest auto insurance company in Spencer.

Spencer Car Insurance Rates by Company

Based on our research, the cheapest car insurance company in Spencer, OK is Mercury, offering policies at just $943 for a six-month term. This is followed by USAA, which has an average six-month premium of $990.

At the higher end of the spectrum, Allstate is the most expensive, with rates reaching $1899 for a six-month policy. Rates can vary widely by driver, but comparing quotes from multiple companies can help Spencer drivers find the best deals.

Cheap Car Insurance Companies in Spencer, OK

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Mercury	$943	$159
USAA	$990	$167
Progressive	$1099	$185
State Farm	$1148	$193
Shelter	$1250	$210
American Farmers & Ranchers Mutual	$1394	$237
Farm Bureau	$1469	$245
Oklahoma Farm Bureau	$1475	$251
Farmers	$1557	$262
AFR Group	$1701	$289
Allstate	$1899	$320

Key Takeaways

Way's key takeaways about car insurance in Spencer

The auto insurance costs in Spencer fall around $943 for six months.
The cheapest auto insurance company in Spencer is Mercury.
Teen drivers pay the highest rate in Spencer at $48 per month.

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Save up to $971/yr with our auto insurance quotes

Cheapest Minimum Liability Car Insurance in Spencer

Since car insurance is a critical requirement for owning a car, you must have minimum liability car insurance. The cheapest car insurance companies for minimum coverage in Spencer are given below.

Mercury provides the cheapest minimum car insurance coverage in Spencer. Their Average 6 Month Premium is $164. Allstate is the most expensive at $662 for the same period.

Cheapest Liability Coverage in Spencer, OK

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Mercury	$164	$28
American Farmers & Ranchers Mutual	$184	$31
USAA	$218	$37
AFR Group	$260	$44
State Farm	$274	$46
Progressive	$281	$47
Shelter	$335	$56
Oklahoma Farm Bureau	$376	$62
Farm Bureau	$416	$71
Farmers	$615	$103
Allstate	$662	$112

Cheapest Full Coverage Car Insurance in Spencer

One might think that minimum coverage is only required when insuring your car insurance. However, having full coverage car insurance in any city is certainly a wise choice as it offers better coverage and protection. Our best pick for the cheapest auto insurance quotes in Spencer is Mercury at $159 per month and $943 for six months.

Cheapest Full Coverage Car Insurance Quotes in Spencer, OK

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Mercury	$943	$159
USAA	$990	$167
Progressive	$1099	$185
State Farm	$1148	$193
Shelter	$1250	$210
American Farmers & Ranchers Mutual	$1394	$237
Farm Bureau	$1469	$245
Oklahoma Farm Bureau	$1475	$251
Farmers	$1557	$262
AFR Group	$1701	$289
Allstate	$1899	$320

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Average Car Insurance in Spencer by Rating Factor

The car insurance rates for two people under the same ZIP code will mostly be different. This is mostly because insurance rates are calculated based on several rating factors. These rating factors include the driver's age, gender, marital status, driving and claims history, credit score, location, type of vehicle, and coverage levels.

I have a clean driving record. Why is my car insurance rate here in Spencer, OK increasing?

Despite maintaining a clean driving record, your car insurance rates in Spencer, Oklahoma, may be increasing due to several external factors. Oklahoma has experienced significant rate hikes recently, with average premiums rising by 25.5% in 2023, largely attributed to higher claims volumes and inflation.

Additionally, Spencer's high urban population density, raised auto theft rates, and frequent natural disasters contribute to increased insurance costs.

Car Insurance Premiums by Age in Spencer

It is quite evident why teen drivers pay the highest car insurance rates in any city. Their lack of experience and increased accident rates make them a highly risky category. However, as you grow older, your car insurance rates will decrease. So, it is better to not have separate policies for teens; instead, add them to their parents' policies.

Cheapest Car Insurance Companies Based on Age Group

Age Group	Cheapest Companies	Avg. 6 Mo. Premium
20s	USAA	$843
30s	USAA	$653
40s	USAA	$598
50s	USAA	$574
60s	USAA	$587
70s	USAA	$677

Cheapest Car Insurance Rates for Teen Drivers in Spencer,OK

If you are planning to get a car insurance policy for your teenage dependent, AFR Group provides the cheapest car insurance in the Spencer at $43 per month. At $286 for a six-month premium, American Farmers & Ranchers offers the most expensive rate for teen drivers.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
AFR Group	$253	$43
Mercury	$260	$44
USAA	$1346	$227
State Farm	$2117	$357
Progressive	$2671	$450
Shelter	$3367	$567
Farm Bureau	$4392	$746
Oklahoma Farm Bureau	$4515	$752
Allstate	$5314	$895
Farmers	$7760	$1306
American Farmers & Ranchers	$286	$48

Teen Car Insurance Rates in OK by Age

Way Tip

If you are in your twenties USAA is the best choice for car insurance in Spencer.

As young drivers face the highest rates in Spencer, USAA offers the cheapest auto insurance rates at $843 for six months.

Car Insurance Rates by Credit Score & Driving History

Similar to your driving history, your financial history also plays a key role in determining your auto insurance rates. A low credit score would mean a lapse in payment and increased chances of filing claims, which results in higher auto insurance rates. Therefore, the higher the credit score, the lower the car insurance rates will be.

Cheapest Car Insurance Companies for Bad Credit

For those with poor credit scores in Spencer, Mercury is the cheapest car insurance provider. At $218 for a six-month premium, they offer the best rates in the city. The most expensive auto insurance rate for drivers with bad credit in Spencer is State Farm, offering rates of around $3798 for six months.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Mercury	$218	$37
Oklahoma Farm Bureau	$369	$63
Progressive	$1025	$173
USAA	$1318	$224
Farm Bureau	$1475	$246
Shelter	$2363	$401
Allstate	$2623	$437
Farmers	$3771	$642
State Farm	$3798	$633

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Car Insurance Rates with An Accident in Spencer

Both accidents and the resulting increase in insurance rates are often beyond our control. When you’re involved in an accident, you become riskier to insure, consequently increasing the rates. In Spencer, OK, accidents can lead to significant hikes in your premiums.

Cheapest Car Insurance Companies after an At-Fault Accident in Spencer

The cheapest car insurance companies after an at-fault accident in Spencer include American Farmers & Ranchers Mutual and Mercury, offering $177 and $335, respectively. Farmers is an expensive provider with an average six-month premium of $2904.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
American Farmers & Ranchers Mutual	$177	$30
Mercury	$335	$56
AFR Group	$416	$69
State Farm	$649	$109
USAA	$758	$128
Oklahoma Farm Bureau	$983	$166
Progressive	$1086	$183
Farm Bureau	$1605	$273
Shelter	$1640	$276
Allstate	$2644	$445
Farmers	$2904	$489

Spencer Car Insurance Rates by Violation

Here is a list of driving violations that can increase your car insurance rates in Spencer OK. For example, the car insurance in Spencer after a DUI increases to $725 for a six month policy. While the rate increases by $328 for a six-month policy in the case of a speeding ticket.

Spencer auto insurance quotes by violations

Accident/Violation	Avg. 6 Mo Premium	Avg. Monthly Premium
None	$1366	$228
One comp claim	$1394	$237
One Med/PIP claim	$1394	$232
Two Med/PIP claims	$1408	$239
Not-at-fault accident	$1415	$236
Two comp claims	$1421	$241
Failure to show documents	$1510	$252
Failure to wear a seat belt	$1557	$265
Child safety restraint	$1564	$261
Driving without lights	$1564	$266
Driving with expired registration	$1592	$266
Cell phone violation	$1612	$274
Driving too slowly	$1612	$269
Speeding in school zone	$1612	$274
Texting while driving	$1612	$269
Failure to yield	$1626	$276
Failure to stop at a red light	$1633	$273
Following too closely	$1640	$278
Illegal turn	$1640	$274
Wrong way/wrong lane	$1653	$281
Improper passing	$1659	$277
In 65 MPH zone	$1687	$286
Speeding 11 - 15 MPH over limit	$1694	$283
Speeding 6 - 10 MPH over limit	$1694	$288
Passing school bus	$1701	$284
Speeding 16 - 20 MPH over limit	$1701	$289
Open container	$1728	$288
Speeding 21 - 25 MPH over limit	$1742	$297
At-fault accident - less than $1000	$1749	$291
Operating a vehicle without permission	$1845	$314
At-fault accident - $1000-$2000	$1858	$309
At-fault accident - greater than $2000	$1858	$316
Reckless driving	$2015	$336
Refusal to submit to a chemical test	$2063	$351
DUI	$2091	$348
Racing	$2152	$366
Driving with a suspended license	$2268	$378
Leaving scene of an accident/hit and run	$2268	$385

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Way Tip

Avoid Having A DUI On Your Driving Record.

A DUI can increase your car insurance rates—by $5,000 to $10,000 over five years. Speeding, reckless driving, and at-fault accidents also raise rates, staying on your record for 3–5 years, while DUIs/DWIs can impact you longer.

Car Insurance Rates in Spencer after a DUI

There may have been times when you drank but chose not to drive—a smart and responsible decision, as most states treat DUIs as a serious offense. Your car insurance rates can double after a DUI charge, making it harder to find affordable coverage in Spencer.

The cheapest car insurance premiums in Spencer are offered by Mercury at $307 for a six-month policy. However, it can be as expensive as $2630 with companies like Farmers.

Spencer car insurance quotes with a DUI

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Mercury	$307	$52
Progressive	$779	$131
State Farm	$983	$166
USAA	$1141	$192
Shelter	$1858	$313
Oklahoma Farm Bureau	$2254	$376
Farm Bureau	$2316	$393
Allstate	$2473	$416
Farmers	$2630	$443

Cheapest car insurance after a speeding ticket

One of the easiest ways to save money on car insurance is to stay within the speed limit. After a speeding violation, the cheapest car insurance premiums in Spencer are offered by Mercury at $239. However, it can be as expensive as $3149 with companies like Farmers for a similar six-month premium.

Cheapest Car Insurance in Spencer after Speeding ticket

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Mercury	$239	$40
Oklahoma Farm Bureau	$335	$56
State Farm	$581	$98
Progressive	$813	$137
USAA	$888	$148
Shelter	$1394	$237
Farm Bureau	$1469	$245
Allstate	$2008	$342
Farmers	$3149	$524

Car Insurance Price Trends in Spencer, Oklahoma

Car insurance rates in Spencer have fluctuated due to factors such as state regulations, inflation, and changing driving habits.

The average cost of full coverage in the Spencer rose by $255 in December compared to $251 of November. In other words, there has been an increase by $4 when you compare December and November.

The average cost of liability insurance in the Spencer rose to $54 in December, compared to $52 in November. This represents an increase of $2 when comparing December and November.

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Frequently Asked Questions

How much is car insurance in Spencer?

The car insurance in Spencer is $28 per month, which is lower than the national average.

What is the cheapest car insurance in Spencer?

The cheapest car insurance in Spencer is $159 per month for full coverage.

How much is car insurance in Spencer for teenagers?

Car insurance for teenagers costs $253 per 6 months. The rates for teen drivers are higher due to their lack of experience as drivers.

What's the average cost of car insurance in Spencer?

The average cost of car insurance is $1179 for a six-month policy. It will cost around $229 per month to insure your car in Spencer.

Is car insurance expensive in Spencer?

Car insurance can be expensive in Spencer if your rating factors are not favorable. However, with a clean driving record and good credit score, car insurance rates in Spencer can be affordable.

Cheapest Car Insurance Quotes in Spencer

Why you can trust Way?

How Much Is Car Insurance in Spencer

Avg. Car Insurance in Spencer

Avg. Car Insurance in Oklahoma

National Average

Cheapest Car Insurance Companies in Spencer

1st place: Mercury

2nd place: USAA

3rd place: Progressive

Spencer Car Insurance Rates by Company

Cheap Car Insurance Companies in Spencer, OK

Way's key takeaways about car insurance in Spencer

High Rates Shouldn’t Drive You Out of Pocket.

Cheapest Minimum Liability Car Insurance in Spencer

Cheapest Liability Coverage in Spencer, OK

Cheapest Full Coverage Car Insurance in Spencer

Cheapest Full Coverage Car Insurance Quotes in Spencer, OK

Don't Let Hidden Costs Drive You Crazy

Average Car Insurance in Spencer by Rating Factor

I have a clean driving record. Why is my car insurance rate here in Spencer, OK increasing?

Car Insurance Premiums by Age in Spencer

Cheapest Car Insurance Companies Based on Age Group

Cheapest Car Insurance Rates for Teen Drivers in Spencer,OK

If you are in your twenties USAA is the best choice for car insurance in Spencer.

Car Insurance Rates by Credit Score & Driving History

Cheapest Car Insurance Companies for Bad Credit

Escape the Trap of Rising Insurance Costs.

Car Insurance Rates with An Accident in Spencer

Cheapest Car Insurance Companies after an At-Fault Accident in Spencer

Spencer Car Insurance Rates by Violation

Spencer auto insurance quotes by violations

Your Wallet Deserves Better. Seriously.

Avoid Having A DUI On Your Driving Record.

Car Insurance Rates in Spencer after a DUI

Spencer car insurance quotes with a DUI

Cheapest car insurance after a speeding ticket

Cheapest Car Insurance in Spencer after Speeding ticket

Car Insurance Price Trends in Spencer, Oklahoma

Average Car Insurance Cost in Spencer by ZIP Code

Frequently Asked Questions

Tired of Insane Auto Insurance Bills? Us Too!

Find Car Insurance Rates in Cities Near Spencer, OK

Car Insurance Rates by State in the USA (2025 Update)

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