Author: agentinsure

How to File a Flood Insurance Claim

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When a flood happens, the damage can be overwhelming. Many people are unable to pay for the repairs after a flood, and this is why it’s helpful to have flood insurance. If your home was recently damaged by a flood, you can start the recovery by filing a flood insurance claim. The professionals at Freeland Insurance servicing Oklahoma City, OK can help. Our team of experienced insurance professionals can help you get through the claims process. Here’s what you need to know. 

When to File a Flood Insurance Claim

If your home is damaged by a flood, contact your insurance agent as soon as possible. Flood waters can do a great deal of damage in a short period, and waiting to file a claim can delay the recovery. Contact your insurance agent within 24 to 48 hours of the flood, if possible. Waiting can mean more damage. 

How to Get Started With Your Claim

After a flood, you may feel overwhelmed by the problem. Your insurance agent at Freeland Insurance servicing Oklahoma City OK is here to help make the recovery easier by assisting with the claims process. To start your flood insurance claim, contact our office to speak with an insurance professional.

What to Expect

When you file a claim with your flood insurance, you may be required to provide documentation about the flood. Having pictures and other types of documentation can help your insurance company put together your claim, so you can start the recovery. You may be asked to keep receipts and other types of documentation throughout the claim process, so find out from your insurance company what is required, so you can keep good records throughout the process. 

Contact Us to Start Your Claim

The professionals at Freeland Insurance servicing Oklahoma City, OK are here to help. To get started with a flood claim, call today. 

What’s the Difference Between An HMO and a PPO?

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When you’re choosing health insurance, there are many decisions to make, including what type of health insurance to sign up for. There are many kinds of health insurance. Some of the most popular types of health insurance include HMOs and PPOs. Unfortunately, many people don’t know the difference between these two types of plans.

The type of health insurance you choose can affect you for a long time. It can have consequences for your health and your experience of healthcare. It’s important to make a thoughtful decision based on having all the information. 

Your insurance agent at Freeland Insurance servicing Oklahoma City, OK can help. We can answer your question about different types of health insurance plans so you can make an informed decision. 

What Is An HMO?

Health maintenance organizations, called HMOs, consist of a network of doctors, providers, and healthcare facilities that provide their services for a pre-determined amount. This pre-determined amount is what allows HMOs to set their rates. People with an HMO plan must typically stay in-network to get insurance coverage for their medical care. 

What Is A PPO?

A PPO is a preferred provider organization. These health plans allow patients to choose providers inside or outside their network. Patients who choose providers in their own network usually pay less. PPOs give their patients the freedom to choose providers as needed.  

Which One Is Best?

The type of plan that’s best for you depends on your healthcare needs, budget, and more. HMOs often involve fewer out-of-pocket costs for patients, but also give insureds fewer choices. HMOs pay providers directly and can be more streamlined for patients, as long as they stay in-network. PPOs may require patients to pay doctors and make a claim if they go out of network. 

Need Health Insurance? Call Today

Choosing a health insurance policy can be difficult. This is why many people turn to Freeland Insurance servicing Oklahoma City, OK. We’re here to help. Call today to speak with a helpful member of our team. 

When is the Right Time to Invest in Life Insurance in Oklahoma City?

Posted on by agentinsure

Life insurance is a necessity to protect your family from financial strain and stress if you pass away unexpectedly. For those living near Oklahoma, City, the right policy can cover funeral costs, childcare, mortgage payments, debt, and even everyday living expenses. It can also provide long-term assistance for a spouse, children, or other dependents in your current life. At Freeland Insurance in OK, we specialize in helping clients find life insurance that provides peace of mind.

The Best Time to Buy Life Insurance

The best time to invest in life insurance is typically when others rely on your income for financial support. This may include getting married, investing in a home, having children, starting a business, or even taking on major debt. 

Many people also purchase life insurance when they are young and healthy. Premiums are often lower when you apply for a policy earlier in life. Waiting, however, can make coverage more expensive if your health changes through the years.

Major Life Events That Indicate a Need for Coverage

You may want to review life insurance options if you:

  • Recently bought a new home
  • Became the primary earner in your household
  • Got married or divorced
  • Started a new business of your own
  • Had a child or adopted a child
  • Took on private student loans (or other debt)
  • Want to leave money for family when it comes to final expenses

Knowing when the time is right to invest in life insurance in Oklahoma City, OK, is essential, regardless of your age or at which stage of life you are in. Working together with an insurance agency is a way to determine your best options. To learn more about potential life insurance policies that are right for you, Freeland Insurance is here to help.

Does Commercial Insurance Protect Me or My Customers?

Posted on by agentinsure

Many business owners assume commercial insurance exists primarily to protect the company itself. In reality, the answer is a bit more nuanced. In many situations, commercial insurance protects both your business and the people you serve.

When you carry appropriate commercial insurance coverage through Freeland Insurance, serving Oklahoma City, OK, you’re creating a layer of protection that can respond when unexpected events occur. At the same time, certain policies are specifically designed to address claims made by customers, clients, vendors, or members of the public who may be affected by your commercial business operations.

How Protection Extends Beyond Your Business

A useful example here would be a customer who slips and falls on your premises. If the customer alleges that your business was responsible for the injury, commercial liability coverage may help address the claim. In that situation, the policy is protecting your business from a potentially disruptive lawsuit while also providing a mechanism for addressing the customer’s losses.

This dual purpose is one of the more interesting aspects of commercial insurance. Many policies are structured to protect your financial interests, but they do so by responding to claims brought by other people.

Commercial insurance requirements in Oklahoma vary depending on industry, operations, and workforce size. Workers’ compensation requirements, for instance, apply to many employers throughout the state. Certain contracts, licenses, or commercial leases may also require specific forms of coverage before business activities can proceed.

Looking at the Bigger Picture

To illustrate this more concretely, imagine that one of your employees accidentally causes property damage while performing work for a customer. A commercial policy may respond to the customer’s claim, helping resolve the situation more effectively while also protecting your company’s ongoing operations.

Ultimately, commercial insurance through Freeland Insurance, serving Oklahoma City, OK, is designed to protect your business, but it often accomplishes that goal by providing important protections for customers and others who interact with your company.

Updating Your Home Insurance Coverage: How Rising Costs Impact Your Need for Coverage

Posted on by agentinsure

As a property owner, you know that the cost of everything is much higher now than it was a few years ago. Inflation happens most of the time, and many times, your insurance policy can keep up. However, in a catastrophic incident, it may not if you haven’t updated it in some time.

At Freeland Insurance, we can help you determine if you have enough (or even too much) insurance for your home. If you are looking for updates to your home insurance in Oklahoma City, OK, give us a call.

Consider a Worst-Case Scenario

Updating your coverage is wise in many situations. Most importantly, you should know what the worst-case scenario is. A good example is fire. A fire, along with the smoke and water damage that goes with it, can cause significant damage to your home. It may need to be significantly repaired or even rebuilt.   

In this situation, you can seek a claim for the cost of those repairs, if your policy covers the cause of the fire. But, if your damages are higher than the amount of coverage you have, you lose the opportunity to rebuild without cost.

The cost of materials and labor continue to rise. That makes it necessary to consider what would happen in your situation. Depending on the addition of assets to your home, expensive equipment or electronics, or specialized features, upgrades to your policy are often a good thing.

Speak to an Agent About Your Needs

As you consider what your needs are, turn to Freeland Insurance. Contact us for a quote on home insurance in Oklahoma City, OK, that fits your specific home needs. We are here to help you even as costs rise and risks continue to linger.

Updating Your Home Insurance Coverage: How Rising Costs Impact Your Need for Coverage

Posted on by agentinsure

As a property owner, you know that the cost of everything is much higher now than it was a few years ago. Inflation happens most of the time, and many times, your insurance policy can keep up. However, in a catastrophic incident, it may not if you haven’t updated it in some time.

At Freeland Insurance, we can help you determine if you have enough (or even too much) insurance for your home. If you are looking for updates to your home insurance in Oklahoma City, OK, give us a call.

Consider a Worst-Case Scenario

Updating your coverage is wise in many situations. Most importantly, you should know what the worst-case scenario is. A good example is fire. A fire, along with the smoke and water damage that goes with it, can cause significant damage to your home. It may need to be significantly repaired or even rebuilt.   

In this situation, you can seek a claim for the cost of those repairs, if your policy covers the cause of the fire. But, if your damages are higher than the amount of coverage you have, you lose the opportunity to rebuild without cost.

The cost of materials and labor continue to rise. That makes it necessary to consider what would happen in your situation. Depending on the addition of assets to your home, expensive equipment or electronics, or specialized features, upgrades to your policy are often a good thing.

Speak to an Agent About Your Needs

As you consider what your needs are, turn to Freeland Insurance. Contact us for a quote on home insurance in Oklahoma City, OK, that fits your specific home needs. We are here to help you even as costs rise and risks continue to linger.

Financial Services Insurance: What is and isn’t Covered

Posted on by agentinsure

Every single industry has unique insurance needs, and the financial services industry is no exception. Oklahoma City, OK financial companies will find that financial services insurance can cover a range of perils, but what is and isn’t covered often depends on the policy you pick. 

What can Financial Services Insurance Cover?

Financial services insurance can cover errors and omissions insurance and directors and officers insurance in a single package. This coverage protects your business from lawsuits related to alleged employee mistakes, including claims related to loss from following your company’s advice or recommendations. It also protects your directors’ and officers’ personal assets in the event of a dispute, claim, or lawsuit. 

Cyberinsurance can also be included. It’s an integral form of protection since cyberattacks on the financial services industry are up a whopping 27% since 2024. Cyberinsurance covers the cost of paying a ransom, repairing your IT system after a breach, taking measures to protect against future breaches, informing customers, paying fines/judgments, and covering legal costs. What’s more, the cyberinsurance coverage included in a financial services insurance package can include coverage for business email compromise and wire-transfer fraud.

Call Freeland Insurance to Find Out More About Your Options

Financial services insurance doesn’t provide all the coverage your business needs. However, it does offer great value, covering a range of common perils that could derail your business or even permanently close it. Our team at Freeland Insurance takes pride in helping Oklahoma City, OK, financial service business owners find suitable insurance policy options, and we’re always happy to answer questions, give price quotes, and offer personalized advice so you can make informed decisions about your coverage options.  

Financial Services Insurance: What is and isn’t Covered

Posted on by agentinsure

Every single industry has unique insurance needs, and the financial services industry is no exception. Oklahoma City, OK financial companies will find that financial services insurance can cover a range of perils, but what is and isn’t covered often depends on the policy you pick. 

What can Financial Services Insurance Cover?

Financial services insurance can cover errors and omissions insurance and directors and officers insurance in a single package. This coverage protects your business from lawsuits related to alleged employee mistakes, including claims related to loss from following your company’s advice or recommendations. It also protects your directors’ and officers’ personal assets in the event of a dispute, claim, or lawsuit. 

Cyberinsurance can also be included. It’s an integral form of protection since cyberattacks on the financial services industry are up a whopping 27% since 2024. Cyberinsurance covers the cost of paying a ransom, repairing your IT system after a breach, taking measures to protect against future breaches, informing customers, paying fines/judgments, and covering legal costs. What’s more, the cyberinsurance coverage included in a financial services insurance package can include coverage for business email compromise and wire-transfer fraud.

Call Freeland Insurance to Find Out More About Your Options

Financial services insurance doesn’t provide all the coverage your business needs. However, it does offer great value, covering a range of common perils that could derail your business or even permanently close it. Our team at Freeland Insurance takes pride in helping Oklahoma City, OK, financial service business owners find suitable insurance policy options, and we’re always happy to answer questions, give price quotes, and offer personalized advice so you can make informed decisions about your coverage options.  

What’s the Difference Between Personal and Commercial Umbrella Insurance?

Posted on by agentinsure

Umbrella insurance is meant to be paired with another insurance policy to increase the liability limits of that policy. It’s also designed to increase coverage options to provide additional protection for individuals and business owners. 

How to Choose the Right Type of Umbrella Insurance

There are both commercial and personal umbrella insurance policies, and the coverage you pick will depend on what situations you want covered.

Personal umbrella insurance increases liability limits on your home insurance policy. It can also cover many aspects of international travel, provided the travel is for personal rather than commercial purposes. Wealthy homeowners who want to protect their assets in the event of a lawsuit would do well to purchase this type of coverage. Many policies cover not only the policyholder but also a spouse and children.

Commercial umbrella insurance policies increase the liability limits of a commercial policy, providing additional compensation if you face a costly lawsuit or judgment. This type of insurance can be ideal for professionals and business owners who work in industries with a high incidence of lawsuits, but just about any company can benefit from umbrella coverage. However, you’ll want to read your policy options carefully as umbrella insurance doesn’t cover all business activities. Professional liability claims, for instance, are typically not covered. Claims related to a cyberattack are also not covered unless you buy a specialized cyber umbrella insurance policy.

Contact Freeland Insurance in Oklahoma City, OK, for More Information

Freeland Insurance serves clients in and around Oklahoma City, OK. We offer multiple personal and commercial umbrella insurance policies from various carriers. Call us to find out more about umbrella coverage; we’d be happy to help you review your options and pick the policy that works best for you.

Will Flood Insurance Cover Water from a Washing Machine?

Posted on by agentinsure

Every basement or garage in Oklahoma City contains valuable appliances. From washing machines and dryers to freezers and more, basements house essential appliances that often cost hundreds or even thousands of dollars. As a homeowner, you can protect these valuable items with the right insurance. Freeland Insurance is here to help.

Flood Insurance for Basement Appliances

If your basement floods, water might reach your washing machine. Even if the washing machine is elevated a few inches off the ground, water can accumulate to a level that compromises its mechanical integrity.

In such cases, does flood insurance apply? Typically, water damage is covered by standard home insurance if it results from an unexpected, accidental, and sudden incident.

However, home insurance is not the same as flood insurance. If water reaches your washing machine due to a storm surge, heavy rain, or river overflow, you’ll need flood insurance to cover the cost of repairing or replacing the appliance.

What Flood Insurance Covers

Standard flood insurance policies cover the building itself and its contents. This includes appliances such as washing machines, dryers, portable air conditioners, freezers, and refrigerators.

However, it’s important to review the fine print of your flood insurance policy. Many policies exclude damage caused by moisture, mildew, or mold. Additionally, the loss of use of certain items may not be covered.

Freeland Insurance Center in Oklahoma City

For insurance solutions in Oklahoma City, OK, Freeland Insurance Center provides the coverage and peace of mind you need. If you’re considering flood insurance, call us at 405-692-6106 for a quote.