Oklahoma is one of those tornado-prone states, but there are also many other threats that can damage or destroy a house. While wind can be a major cause of damage, a homeowner can also suffer serious loss from fire, heavy rains, theft, and other perils. Your Oklahoma homeowners insurance rates can be affected by a number of factors.
The building materials and construction of your home can affect your homeowners insurance rates. If your house was built out of wood, as opposed to cement block, it is not only more susceptible to wind damage, but is also more susceptible to termite damage, and more likely to burn in a fire.
Speaking of fire, the distance your home is located away from a fire hydrant or fire department can also be a factor in the rates you pay for home insurance. Generally, if you live within a few miles of the fire department, or have a fire hydrant on the corner of your block, your rates will be less than if the fire department is a 10-minute drive away from home and the only source of water within sight is your garden hose. You can perhaps lower the fire risk by installing smoke alarms and having a metal or other type of roof that does not burn easily.
Where you live also matters. Homeowners in nice neighborhoods with low crime rates get a break on their rates when compared to Oklahoma residents who live in homes in high-crime areas. Insurance companies also consider such things as the number of claims you file over a specific period of time, the age of your house, and how long you have been a customer (loyalty discounts). You can often get lower rates if you buy both a home and an auto policy from the same insurance company. Finally, shop around yourself or use an independent agent to get quotes and find the insurance company that offers the best rates.