Oklahoma is known to be one of the worst states for natural disasters. Having homeowners insurance is important in the event that your home is damaged in a fire, tornado or other incident. Liability coverage is also essential, as it will cover you if you cause injury to someone on your property or if they claim damage to their possessions.
You can find different rates for home insurance depending on what you choose and how much coverage you want. Your rates are also affected by the deductible that you select. Higher deductibles decrease premiums and lower deductibles.
Homeowners' Insurance: Save money
You should shop around for the best quotes to ensure you get the cheapest homeowners insurance. This will guarantee that you receive the best coverage possible at the lowest rate.
When comparing insurance quotes, compare discounts and other benefits to see if you can save money. As an example, installing a security device, bundling the policy, being a loyalty customer, and even being claim free can help you to get a lower price.
Installing burglar alarms, deadbolts or smoke detectors can result in discounts. These devices can lower your yearly rates by as much 30%.
Increase your deductible or consider raising your level of coverage to lower your insurance costs. Add extra coverage to valuable items, or add earthquake insurance.
Oklahoma does not require homeowners insurance but it's still a smart idea. This will protect your home and give you peace-of-mind if something were to happen.
The average homeowners insurance policy in Oklahoma costs $4,331 per year, or $361 per month. The average cost of homeowner's insurance in Oklahoma is $4,331 per year, or $361 per month.
#1: Farm Bureau
Farm Bureau offers the best homeowners insurance rates in Oklahoma. It offers low rates and customer satisfaction ratings that are competitive. The company offers a variety of discounts including multi-policy discounts when you bundle home and auto insurance with the same provider.
#2: Shelter
Shelter, the number one homeowners insurer in Oklahoma offers comprehensive coverage at affordable rates for many inclement weather events. It offers coverage for damage from fires, hurricanes and tornadoes, as well as paid debris removal and fire department charge reimbursement.
#3: USAA
USAA offers homeowners insurance that is affordable and comes with many different benefits for those living in Oklahoma. Identity theft is included as a standard benefit. Discounts are offered for bundling multiple insurance policies, installing a security device, being a loyal client, or being claim-free over a period of years.
Safeco
Safeco is a popular choice for people looking for a good home insurance policy at an affordable rate. Safeco offers a range of discounts for their customers including flood and identity theft coverage. Many Oklahomans choose them because of their affordable prices and excellent coverage. The company also offers a wide range of insurance services including life, car and disability.