Insurance for Homeowners Across Oklahoma

Whether you’re a first-time homeowner or settling down in your fifth house, the need for a reliable home insurance policy never changes. Even the most experienced homeowners can fall into the trap of paying too much in premiums for too little coverage. Your home is a safe retreat, and it’s important to protect it.

At Garrison Agency, we believe in helping individuals and families find peace of mind. We work with homeowners to find and tailor a policy perfect for their home’s needs and their budget. Protect your home today by calling us at (580) 338-5561 or fill out an online form for a free quote now.

Common Home Insurance Questions

Is Homeowners Insurance Required in Oklahoma?

Home insurance isn’t required by the state, but many lenders require homeowners to purchase and maintain home insurance.

What Does Homeowners Insurance Cover?

The three main areas of homeowners insurance are:

• Dwelling: Dwelling coverage provides compensation for damages to the physical home and its attached structures caused by fire, lightning, wind, hail, theft, vandalism and more.
• Personal Belongings: Personal belongings coverage protects your personal items from the same dangers as covered under your dwelling coverage.
• General Liability: General liability insurance covers accidents of bodily injury and property damage that may occur on the property.

Is Flood Insurance Covered Under Home Insurance?

Flood insurance does not come with a standard home insurance policy, but it can be purchased on its own.

Who Needs Homeowners Insurance and Why?

Every homeowner needs home insurance in order to protect their home. One bad storm could cause thousands of dollars in damage to your home and items. Without a reliable home insurance policy, you could be looking at making repairs and replacements all out of pocket.

What is Actual Cash Value vs Replacement Cost?

Actual cash value and replacement cost value refer to the way you may receive compensation for your lost or damaged items. Actual cash value provides compensation while accounting for depreciation, which means that the amount of compensation you can receive goes down as the value of the item goes down. Replacement cost value offers compensation without depreciation so you can replace your items with those of equal or similar value.

What is the Average Cost for Homeowners Insurance?

Home insurance costs vary depending on many factors, but the average cost of home insurance for Oklahoma homeowners is around $2,559 a year.