Archive for Stillwater Home and Auto Insurance Quote

If you own your home in Oklahoma/OKC Metro, or if you’re in the process of buying your home then you’re aware of the importance of a homeowner’s insurance policy. But are you making sure that your homeowner’s insurance policy is saving you as much money as possible?

 

 

Here are a few tips and tricks for saving money
on your Homeowner’s Insurance Policy. 

Do Your Research

A smart consumer will request several quotes and shop around for the best deal on their homeowner’s insurance policy. Talking with independent agents is always a good method for getting a good understanding of what constitutes the best deal taking coverage and cost into consideration. But you should also look for any discounts you can: many memberships come with insurance discounts, even wholesale club memberships like Costco and Sam’s Club.

Update Your Home

If you own or are purchasing an older home especially, talk with an agent about what modern upgrades will affect your premiums. You can make some changes that make your home safer and also save you money every month!

Brush Up on the Lingo

Sometimes, consumers choose a slightly cheaper option without knowing the real cost of the compromise in coverage. For example, consider the way your policy handles a payout. Actual Cash Value will save you a little money on your premium, but should something happen, you may find this payout inadequate. 

This is because Actual Cash Value payouts are based entirely on the current worth of the home and contents insured. In contrast, Replacement Cost will payout based on the current cost to rebuild or purchase the home and contents. This can mean a stark contrast in what your payout looks like and greatly affect your ability to recover from a disaster. 

Consider A Higher Deductible

As with any type of insurance, you can expect to lower your premium by raising your deductible. You have to consider whether this option is the best fit for you, because raising your deductible will put more financial responsibility on you than sticking with a lower deductible. Speak with an agent about how much you feel comfortable with raising your deductible up to and see how it affects your annual premium.

Add an Umbrella Policy

Although adding an additional policy made seem counter-intuitive when it comes to saving money, an umbrella policy can add extra protections that save you significant money in the future. Should you face any liability litigation, that exceeds your homeowner’s policy, you are personally and financially responsible for those costs. If you don’t have the funds available, you could be looking at wage garnishments or worse. An Umbrella policy is quite inexpensive to add and the protections it provides are more than worth it.

Meet our home insurance professionals….now and at renewal

I am very thankful for this team of professionals that serve our customers everyday with quality homeowners insurance and car insurance at prices that are usually lower than our competition.  Moreover, we monitor every renewal for accuracy and competitiveness.  Our goal is to place your home and car insurance with one of our quality companies that you can build a long term relationship with.  However, we all know that, occasionally, that doesn’t happen….our renewal process allows us to see these issues and start working on them well before the policy renews.

Our Specialty: Home and car insurance in Oklahoma….we don’t try to be experts in all lines of insurance.

Our Experience:  As of this writing, every staff person has an Oklahoma Agents License to service and sale and our staff of 7 has 108 years of combined personal insurance experience.

Our Motivation:  We desire slow, steady growth through long term client relationships.

Our Commitment:  To place your best interest above our own.

Statewide Insurance Agency

“Okstatewide.com – when you tired of fighting homeowners insurance in Oklahoma”

 

#MostImportantCoverage

Protect your personal assets from others by purchasing Liability Insurance!  #mostimportantcoverage

Its official! #ExpericeDowntownEdmond

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Downtown Edmond Business Association

Happy Labor Day Weekend

Labor Day Weekend @okstatewide

Just a friendly reminder that our office will be closed Monday, September 5th! Enjoy your Labor Day Weekend.

Does Your Car Insurance Pay For a Rental Vehicle

 

What does Rental Car Reimbursement cover? Trevon Nix, an Independent Insurance Agent with Statewide Insurance Agency in Edmond, Oklahoma, would like to share some benefits of having this coverage added to your car insurance policy. 

Personalized Insurance Quotes

When generating a personalized home insurance quote for all Oklahoma residents, we take into account several standard aspects of your home and deductibles to find a starting price point. However, we also look at a few other factors when determining your home insurance premium.

Custom Quote @okstatewide

 

The Structure of Your Home

What your house is made of can increase or lower your premiums. Concrete and brick houses tend to fare better against environmental elements and are less susceptible to house fires. Therefore home insurance premiums on them tend to be lower than their wood structure counterparts.

 
Your Insurance Score

Insurance companies actually use “Insurance Scores” rather than “Credit Scores” when rating for for your home and auto insurance. Each company has their own proprietary formula for calculating an Insurance Score; however, based upon our experience, we find that Credit Scores (such as those through TransUnion) are usually similar to Insurance Scores. 

 
The Structure of Your Home

What your house is made of can increase or lower your premiums. Concrete and brick houses tend to fare better against environmental elements and are less susceptible to house fires. Therefore home insurance premiums on them tend to be lower than their wood structure counterparts.

 
The Age of Your Home

Newer homes that have been built with the current safety codes and better building materials may mean lower insurance premiums than their older counterparts that were built with outdated security measures and older structural materials.

 
The Emergency Response Team Nearby

Many homeowners don’t realize the effect of their town’s fire station on their home insurance premiums. If your home is close to a fire hydrant, near an adequate fire station, and has a higher quality emergency response team you may be eligible for lower premiums.

It is important to understand how your house can affect your homeowners insurance premiums. If you have any questions or wish to speak with one of our agents, please contact us today to review your policy.

 

Oklahoma College Checklist

A Few Tips for the Oklahoma College-Bound  

A Few Tips for the Oklahoma College-Bound

Colleges in Oklahoma are expensive enough without the added cost of unexpected accidents or theft, not covered by your insurance policy. If you have a student heading away to school in Oklahoma, below are a few tips to help you get the most out of your coverage!

HOMEOWNERS (Oklahoma)

  • Personal Property: Most homeowners policies will cover personal property for up to 10% of your total policy while your child is residing at school (a $100,000 policy equals $10,000 in coverage). Not all types of damage are covered, so read your policy carefully. Some items such as jewelry or expensive electronics, require special coverage. Renters insurance is strongly recommended.
  • Liability Coverage: General damage to a dorm room or apartment is not usually covered. 
  • Documentation: Creating an inventory of the items your child is taking to school is a good idea. Use photographs and keep receipts.

Renters Quote

AUTO (Oklahoma)

  • Car Stays Home: Keep your child listed on your auto policy if they will still drive your car while at home on school breaks.
  • Car at School: Make sure to notify us if your child will be taking a car away to school. In most cases, if the car is registered to you and listed on your policy, it will be covered. 
  • Driving a Friend’s Car: Students are generally covered if they are listed on their parent’s policy and are not regularly using the vehicle. The coverage would be secondary.  The insurance for the friend’s vehicle would be the primary coverage.
  • Discounts: A full-time student meeting certain academic requirements can qualify for a good student discount. Distant student discounts may also be available. Drivers under 21 who have completed driver’s education may also get a discount.

 Auto Quote

Call before you or your child leaves for school!
Statewide Insurance Agency (405) 285-2929 


We can walk you through the steps to ensure you have the right coverage. We’re here to help !