Are You Overpaying for Home Insurance in Oklahoma City? Here’s How to Tell

When Dave and Kristen moved to Moore, just south of Oklahoma City, they thought they'd landed a great deal on their home insurance. Their agent gave them a quick quote, and they signed without much thought.

​A year later, they ran into another couple from their neighborhood who had nearly identical coverage—yet were paying over $600 less per year. That was the moment Dave realized it might be time to dig into what he was actually paying for.

If you’re a homeowner in Oklahoma City or surrounding areas like Edmond, Yukon, or Norman, you might be wondering the same thing: Am I overpaying for home insurance? Here's how to find out.

get thE BEST OKC HOME INSURANCE!

Why Oklahoma City Home Insurance Rates Are High

Living in Oklahoma comes with certain risks, especially when it comes to weather. Tornadoes, hail, and severe storms drive up claims, which drives up premiums. That makes it all the more important to make sure you're not paying more than necessary for your coverage.

Signs You Might Be Overpaying

Before you start making calls or switching carriers, it helps to know the red flags:
Your premium increases every year without explanation

​You haven’t reviewed or updated your policy in more than 2 years You haven’t asked about discounts for which you might now qualify Your deductible doesn’t reflect your financial cushion You bundled with auto insurance years ago, but haven’t compared other bundles

What Impacts Your Home Insurance Premiums in Oklahoma

Homeowners insurance premiums are based on multiple factors:
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• Location: ZIP codes with higher claims history or weather exposure may come with higher rates.
• Home age and construction materials: Older homes or those with outdated electrical or plumbing may be more expensive to insure.
• Coverage amounts and deductibles: The higher the replacement cost and the lower the deductible, the more you'll pay in premiums.
• Credit score and claims history: Yes, both of these matter in Oklahoma.

Easy Ways to Lower Your Home Insurance Premium

There are several steps Oklahoma homeowners can take to potentially reduce their premium without sacrificing coverage:
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• Increase your deductible if you can afford to pay more out-of-pocket in a claim
• Install safety features like a monitored security system or smart smoke detectors
• Ask your agent about discounts for being claims-free or bundling policies
• Avoid small claims that could increase your rate later
• Review your personal property coverage—you may be over-insured

When Was the Last Time You Got a Home Insurance Quote?

If you can’t remember, it’s time. Rates change frequently, and what was a good deal three years ago may not be competitive today. Independent insurance agents can shop with multiple insurance companies to find the best rate for your situation.

Don’t Cut Corners on Coverage

While saving money is important, don’t skimp on the coverage you actually need. Make sure your homeowners insurance policy includes:
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• Dwelling coverage based on full replacement cost
• Personal property coverage for items like furniture and electronics
• Additional living expenses if your home becomes uninhabitable
• Personal liability and medical payments in case someone is injured on your property

How Oklahoma Insurance Professionals Can Help

As an independent insurance agency based in Oklahoma City, Oklahoma Insurance Professionals works with a wide range of homeowners across Edmond, Moore, Norman, and beyond. We take the time to review your policy, explain what you’re paying for, and shop for better rates if there’s a smarter option.
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We believe in giving Oklahoma homeowners the tools to make confident choices—not just signing on the dotted line. Whether you’ve lived in your home for years or just moved in, it’s worth reviewing your coverage.

Serving Homeowners Throughout the Oklahoma City Area

From Nichols Hills to Mustang, and from Midwest City to Newcastle, our team helps homeowners across the metro find affordable home insurance without cutting the coverage they need. If you're in Oklahoma City or any nearby community, contact Oklahoma Insurance Professionals today for a personalized review and quote. We’ll help you find out if you're overpaying—and what to do about it.

get the best okc home insurance!

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Scott Godwin
Founder

Oklahoma Insurance Professionals LLC serves Oklahoma City and the surrounding Oklahoma communities by protecting the people we work with just like we protect our own family members. Home insurance, auto insurance, business insurance, and more. We can help you find the coverage you need. ​​