Home insurance covers your residence, but there are a lot of variables to consider. Agents at Shore Insurance can help you make sure your Oklahoma home has the proper coverage.
If you are still paying on your home, you will have to have basic insurance or even mortgage insurance. You may get a policy to cover the structure itself against things like fire, weather, and other hazards of nature. Earthquakes are not covered, but you can get that added on, and there have been a lot more earthquakes in Oklahoma in recent years. Flood insurance is also different and under a different type policy.
You may also get insurance on the contents of your home, which are your possessions. This can include outside buildings and their contents as well. You may also want some liability coverage in case someone is injured on your property, as well as some medical insurance coverage for the same reason.
It is important to read your policy and understand what is covered. There is a difference, for example, between replacement cost and cash value in insurance policies. In some older homes replacement cost is very high, so you would have to decide what type coverage you want.
Just because you don't own your home, you may also need some coverage. Renters insurance covers your possessions when you do not own the building. There is also condominium insurance when you own only part of the overall building.
Visit us at Shore Insurance to find out what coverage best suits your situation. We can explain all the policies available, and items you might like to add such as earthquake or flood insurance. You may also visit us online and get an instant quote by just typing in your information. Existing customers may also visit us if you have had any major changes, so we can update your policy to make sure you have the coverage you need.