If you are a small business owner in the state of Oklahoma and you run that small business from your home you should be aware that your homeowner's insurance policy only covers your business equipment up to a maximum of $1,000.
If you need more coverage you should consult with your agent to inquire about an additional rider.
Although this will ultimately result in a higher premium, you'll feel confident knowing you are protected.
If you don't happen to have a small business housed in your home, you will still be in need of affordable homeowner's insurance.
Not only are you required by most lenders to have a policy in place before your mortgage is funded, but you'll also want to have it to ensure you are protected in the event something should happen to your home such as a fire or a theft.
The area where you live can actually influence the price of your homeowner's insurance.
If you are considering purchasing a home and you've narrowed your neighborhood choices down to a few, ask about insurance rates in all.
Just call up an insurance agent and inquire about the cost of a standard policy in each neighborhood on a typical family home.
Some areas are more expensive because they are farther from a fire station or because theft is more rampant.
Finding this information out before making a final purchase on a home can help you enjoy a more affordable insurance rate.
For those individuals who've invested in an older home with the hope of fixing it up consider the fact that any major repairs done to the house can result in lower insurance premiums.
This is particularly true of plumbing and electrical upgrades.
If you have recently renovated, mention this to your home insurance company and see if they'll lower your rates.
They may if they viewed the old electrical or plumbing system as a hazard.