Moon-Baker Agency

130 E Main St
Ada, OK 74820

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Which home insurance coverages should a new homeowner focus on?

Getting yourself a new abode comes with many considerations. From selecting property taxes to finding a good neighborhood, there are many factors that come into play when buying a home.  However, if you are an Ada, OK resident, you are in luck because Moon – Baker Insurance Agency Inc. is here to answer all your questions.

Which coverages should you focus on?

The home structure

This coverage applies if your house is completely pulled down by a hailstorm, fire, or any other covered peril. The perils covered range from a variety of situations such as vandalism, lightning strikes, and fires. However, coverage does not apply to some situations such as earthquakes, floods, or general wear and tear to a home.

Personal belongings coverage

Furniture, clothing, appliances, and electronics are part of your belongings and are covered in this coverage. While this coverage fully protects the essential items, there are limitations when taking into consideration high-cost valuables. Jewelry, guns, paintings, furs, and other expensive souvenirs should be insured individually under a rider or valuable articles policy.

Loss of use coverage

Additional Living Expenses, also known as Loss of Use Coverage, covers the incurred costs of a policyholder to live in a comparable space similar to their home before they lose it.


Buying a home insurance policy without the inclusion of liability coverage may not be a great idea. A lot of accidents happen that could lead to expensive lawsuits. That is why it is always important to have coverage that takes care of your liability needs, whether injuries or property damage.

 Don’t wait till a disaster strikes your home to buy home insurance. Home insurance not only protects you and your family but also protects your property and its contents. For quotes, questions, or new policy discussions, feel free to visit or call us at Moon – Baker Insurance Agency Inc. in Ada, OK today!