Homeowners Insurance in Tulsa, OK

Oklahoma is no stranger to inclement weather and other property risks. As a result, home insurance is crucial for residents to protect their investments.

Daemi Group Insurance in Tulsa, OK, has a dedicated team to help clients secure policies tailored to their needs. With extensive knowledge of various carriers, we can navigate policy options to help ensure comprehensive protection for you and your loved ones.

What Is Homeowners Insurance?

Homeowners insurance coverage can pay to repair or replace damaged property, including your belongings and the structure of your house. The following are the common coverages of standard homeowners insurance:

• Dwelling coverage—This can pay to repair, replace or rebuild your home’s structure after a covered peril (e.g., fire, theft, vandalism, weather events like lightning, wind or hail).
• Personal property coverage—This may cover your personal belongings within your home, such as furniture, appliances, clothing and more, up to policy limits.
• Liability coverage—If someone is injured on your property or you accidentally damage someone else’s property, liability coverage can help protect you financially.
• Additional living expenses coverage—This may help pay for expenses such as hotel stays and meals if a covered event renders your home uninhabitable.

How Much Home Insurance Do I Need?

Determining the amount of home insurance you need involves assessing the cost of rebuilding your home in the event of a total loss and the value of your personal belongings. Consider factors such as the cost of materials and labor in your area and your home’s unique features. At a minimum, your home should be insured for at least 80% of what it would cost to rebuild from the ground up.

Additionally, if you have a mortgage, your lender may stipulate certain levels of coverage. This may include extra layers of insurance, such as flood insurance, depending on your location and mortgage type. Daemi Group Insurance can help assess your unique needs and recommend coverage.

How Is the Cost of Home Insurance Calculated?

Home insurance premiums are calculated based on various factors, including the value of your home, its location, the cost to rebuild and the level of coverage you choose. Other factors such as your credit score, claims history and the presence of safety features (like alarm systems and smoke detectors) can also impact the cost of your insurance.

How to Get Homeowners Insurance

If you need a homeowners insurance policy or want to evaluate whether your coverage is adequate, we’re here to help. Call Daemi Group Insurance at (918) 663-9500 to get started or request your free quote now.