Freeland Insurance

Advantages of Commercial Insurance for Entrepreneurs in Oklahoma City

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Running a business in Oklahoma City, OK, is a path to financial freedom. Whether you’re managing a retail store, warehouse, or office space, understanding the importance of commercial insurance is invaluable. At Freeland Insurance, we work closely with our clients to protect the foundation, reputation, and long-term growth of businesses across the state.

Advantages of Commercial Insurance

One of the most notable advantages of commercial insurance for business owners across Oklahoma is the ability to protect against unforeseen financial losses. Commercial property insurance covers damages from fire, theft, storms, and even vandalism (which is not covered with most traditional property insurance policies). Additionally, liability insurance safeguards business owners from product-related claims, customer injuries, or even direct lawsuits, regardless of the line of work you’re in or the type of business you represent. 

Build Credibility and Trust

Obtaining proper commercial insurance is a way to build credibility and trust among clients and customers. Promoting that you are licensed and insured is a way to demonstrate responsibility and professionalism. For industries such as hospitality, retail, and even construction in OK, this is key.

Workers’ Compensation

Obtaining workers’ compensation insurance is a way to protect yourself as a business owner, along with your employees. This can boost workplace morale and fulfill state requirements simultaneously. Business interruption and cyber liability insurance can help you remain resilient whenever a potentially unexpected disruption occurs, from cyberattacks to personal attacks on your business software.

If you’re just getting started with a new business, or you’re reevaluating existing policies, Freeland Insurance is here for you. For those located in Oklahoma City, OK, we’re here for you. To learn more about the advantages of commercial insurance for entrepreneurs and how our evaluation can help you, contact us for more information.

Rising Rebuild Costs in Oklahoma City: Why Your Home Insurance May Fall Short

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Let’s be honest, a home insurance policy that made perfect sense five years ago might leave you completely exposed today.

The reality is that Oklahoma City homeowners are facing a challenging situation. The cost to rebuild, not just repair, a home after a total loss has surged due to inflation, material shortages, and rising labor costs. Here’s the catch: if your home insurance isn’t keeping up, you’re on the hook for the difference.

Construction Costs Are Climbing Fast

Everything is getting more expensive: lumber, concrete, and skilled trades. Across the board, prices have skyrocketed over the last five years. Rebuilding a 2,000-square-foot home in Oklahoma City now costs significantly more than it did just a few years ago, yet your policy may still reflect outdated replacement values.

Why does this matter? Most home insurance policies in Oklahoma City, OK, are based on a home’s estimated rebuild value, not its market price. If your coverage hasn’t been updated, a fire, tornado, or severe storm could leave you with a partial payout and a financial gap you didn’t plan for.

Standard Coverage Isn’t Always Enough

Even if you think you have “full coverage,” you might still fall short. Here’s why: basic policies typically cap replacement costs at the original estimate, but your home is likely worth much more now.

It’s simple math. Let’s say your home needs to be rebuilt from the ground up. That includes everything: permits, labor, debris removal, and compliance with updated zoning or building codes. All of these costs have increased. If your coverage isn’t designed to grow with those expenses, you could be left with a significant financial burden.

How to Protect Yourself Before It’s Too Late

The solution starts with a conversation. At Freeland Insurance, we help Oklahoma City homeowners review their current policies and assess real-time rebuild values, not just ballpark figures.

We also walk you through optional add-ons, like extended replacement cost or ordinance coverage, which can protect you from ever-increasing construction costs.

Not sure if your coverage still fits your home? Let’s take a look together. Contact Freeland Insurance in Oklahoma City, OK, today. No pressure, just answers.

Can I Keep My Old Doctor if I Get a New Health Insurance Company?

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Switching health insurance plans can lead to questions regarding continuing care with a trusted doctor. If you’re in Oklahoma and contemplating a new health insurance provider, understanding how provider networks operate is crucial to avoid any surprises. Your agent at Freeland Insurance, serving Oklahoma City, OK, can assist.

Understanding In-Network vs. Out-of-Network

Most insurance plans come with a list of approved providers known as a network. These doctors and facilities agreed to work with the insurance company at pre-negotiated rates. If your doctor is "in-network" under your new plan, you can continue seeing them as usual, and your visits will be covered under your new benefits.

If your doctor isn’t in-network, your options will depend on your insurance type. Some plans won’t cover any costs for out-of-network care unless it’s an emergency. Others might cover a portion of the bill, but you’ll typically pay more out-of-pocket.

Verify Before You Switch

Before finalizing a new policy, ensure your doctor is part of the new insurer’s network. You can contact the doctor’s office directly or review the insurer’s list of in-network providers. An experienced local agent can also help you compare plans and guide you through the details.

Considerations for Ongoing Treatment

If you’re in the midst of treatment for a medical condition, you may be eligible for what’s called a transition of care. This allows you to temporarily continue with your current doctor while your new plan takes effect, but it usually requires approval.

Choosing a new health plan doesn’t have to mean starting over with a new doctor. A bit of planning can help maintain consistency in your care. Consult with your insurance agent at Freeland Insurance, serving Oklahoma City, OK, to learn more.

Locating Lost or Unclaimed Life Insurance Policies

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Understanding Life Insurance and Locating Lost or Unclaimed Policies

We all face the future knowing that someday we will pass away, and life insurance can provide financial support for those we leave behind. Many of us have questions about which type of insurance to buy or how much coverage to purchase. Residents of Oklahoma City, OK, with questions about life insurance can discuss all available options with our team at Freeland Insurance. We’ve been assisting clients with life insurance in your area since 2006.

Locating Lost or Unclaimed Life Insurance Policies

The Oklahoma Department of Insurance states that many life insurance policies go unclaimed. The same source reports that they have assisted Oklahoma residents in collecting more than 49 million dollars from lost or unclaimed life insurance policies. Interestingly, more than $94 million was awarded to 4,872 Oklahomans via this system between 2019 and 2023.

The Oklahoma Insurance Commissioner currently encourages clients to search for lost and unclaimed policies with the Life Insurance Policy Locator, which can be found on the Oklahoma Department of Insurance’s website. Requests can be made free of charge, and the request process is confidential. Anyone who believes they are a beneficiary of a deceased loved one’s insurance policy is encouraged to contact the Department of Insurance online or by phone.

Contact Us Today for Your Appointment

Several types of life insurance policies are available, and many factors are involved in selecting them. Every member of our team at Freeland Insurance is ready to assist you with choosing the right life insurance policy. Residents of Oklahoma City, OK can feel confident when making an appointment for an insurance discussion. Call us for an appointment today, and let’s talk about providing your family with a life insurance policy.

How Commercial Insurance Safeguards Your Business from Unexpected Risks in Oklahoma City

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Owning a business in Oklahoma City, OK, can be exciting. You’re the boss, which means you are responsible for safeguarding your business against risks. Commercial insurance can help with this, and our agents at Freeland Insurance can walk you through the many options.

The Basics of Commercial Insurance

Commercial insurance is unique to every business. Whether you have a commercial building or run your operations out of your garage, an insurance policy is still a must.

A basic policy will provide financial protection against lawsuits, cover employee-related risks, and even safeguard your business assets. If you have vehicles, commercial property, or other unique scenarios, your policy has to encompass those.

Safeguarding Your Entire Business

A policy should be carefully built to encompass every aspect of your business. And as you grow, your policy should be updated to incorporate those new changes.

For example, your physical assets should be covered against everything – theft, fire, vandalism, and even natural disasters.

You should have more liability coverage against legal fees and settlements as you do more business with people. If you stay in business long enough, lawsuits are inevitable.

It’s all about business continuity. If you spend too much on expenses, you may not have a business when it’s all said and done, and our goal is to prevent that from happening.

Explore Policies Today

The goal of any commercial insurance policy is to provide full protection. You don’t want an unexpected risk to sneak up and bankrupt your business. You want to confidently file a claim knowing that the insurance company will take care of all (or at least most) of the costs.

At Freeland Insurance, we specialize in working with businesses of all shapes and sizes in Oklahoma City, OK. Call us today to talk about your business so we can help you insure it effectively.

How to Schedule Coverage for Beloved Possessions

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At Freeland Insurance, we want our Oklahoma City, OK clients to benefit fully from their home insurance policies. A home policy does more than protect you from financial loss if your home’s structure gets damaged. It also provides liability coverage and protects your personal property. Typical home policies include $1,000 to $2,000 of personal property coverage, but you can increase this by scheduling expensive items.

Understanding Personal Property Coverage

A home policy includes some personal property coverage, but the $1,000 to $2,000 limit may not cover as much as you think. Consider the cost of replacing all your clothing, shoes, computer, cell phone, and television. These items alone could often exhaust the personal property coverage limit. Scheduling coverage allows you to list the items that matter most and would cost the most to replace.

How Scheduling Works

Your home insurance can cover expensive personal property by listing each piece as scheduled coverage. Commonly scheduled items include smartphones, engagement rings, and hobby equipment like guitars or cameras. Scheduling an item insures it at its full value, so if you file a claim, you’ll receive the full purchase price.

Scheduling an item in an insurance policy is similar to scheduling an appointment in your planner. In the policy documents, the item and its value appear as a line item, just like an appointment would in a datebook. While scheduling an item slightly increases the policy’s premium, it covers the item against damage or loss, including theft.

Contact Freeland Insurance Today

Don’t leave your valuable personal possessions unprotected in your Oklahoma City, OK, home. Call us today to update your home policy and schedule coverage for your expensive belongings.

Finding Auto Insurance for High Risk Drivers

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When you drive a car, it’s your responsibility to purchase auto insurance. There are many options to choose from when buying insurance, and you may have questions. If you live near Oklahoma City, OK, and you want to discuss your insurance options with an experienced insurance agent, our team at Freeland Insurance is ready to answer your car insurance questions.

Insurance for High-Risk Drivers

Some drivers may find themselves with a driving history that places them in the High-Risk Drivers category. According to Market Watch, this can occur for clients who have had an excess of speeding tickets or traffic infractions within the past three to five years. If this is your situation, you might have difficulty when trying to find auto insurance. Oklahoma’s Automobile Insurance Plan will provide you with a list of special insurance policies from companies willing to insure your vehicle.

According to AIPSO, providing services for high-risk drivers has been available through the Automobile Insurance Plan since 1973. You may be interested in learning that AIPSO is a non-profit agency dedicated to providing insurance services for clients who are designated as high-risk. You can find a link to available insurers on the Oklahoma Insurance Department website.

Contact Us Today for Your Appointment

Choosing the right auto insurance options may sometimes seem confusing. If you need additional information to make auto insurance choices and you live in the Oklahoma City, OK, area, you can feel confident asking our experienced agents for assistance. At Freeland Insurance, we want you to be sure you have all the information you need. Call us today for an appointment, and let’s talk about insurance.

What is the Financial Sector?

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We are all responsible for protecting our financial assets so that we can live comfortably within our means. As time goes by, we also look to our financial future, and our thoughts turn to protecting and increasing our financial assets. If you live in the Oklahoma City, OK, area and want to discuss your financial assets, our staff at Freeland Insurance looks forward to discussing your financial options with you. We have been protecting clients’ financial assets in your area since 2006.

What is the Financial Services Sector

Our company is called Freeland Insurance, but insurance is only one of the many ways that we can help you protect your financial assets. The financial services sector covers businesses that provide economic security (such as banks), brokerages, loan companies, and credit card companies. Companies and their staff perform financial services, while financial instruments are the methods by which those services are delivered to those who need them. These services are offered to individuals and corporations.

According to Investopedia, the International Monetary Fund is the international overseer of the millions of daily individual transactions between buyers and sellers. These millions of transactions – in all their forms – are components of the financial services sector. The Freeland Insurance Group can help you navigate the many types of financial transactions that may benefit you and your family’s financial future.

Call Us Today for Your Appointment

Whether you need financial advice or want to discuss customized insurance policies for life, health, and auto, our agents at Freeland Insurance can help present you with all available options. Our years of insurance and financial experience have prepared us for whatever you may need. Clients in the Oklahoma City, OK, area can feel confident when they place their financial or insurance needs in our hands. Call us for an appointment today.

What Can’t Umbrella Insurance Cover?

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When you’re shopping for umbrella insurance for your business, you’re likely looking for a comprehensive policy that will serve to cover multiple aspects of your business and ensure that you’re getting the additional coverage you need to operate your company with confidence. But while umbrella insurance is designed to cover most things, even it has its limits. Knowing exactly what your policy won’t cover is just as crucial as knowing what it does so that you can guarantee that your insurance covers any business moves you make. Let’s take a closer look at what umbrella insurance can’t cover before you start looking for coverage with the support of us here at Freeland Insurance in Oklahoma City, OK.

What Doesn’t Umbrella Insurance Cover?

Umbrella insurance covers quite a bit, but there are certain things that you won’t see coverage for. Some examples of things that aren’t covered by umbrella insurance include:

  • Damage to your own property may be present within your building at the time of an accident or major weather event (or even within your home if you operate a home-based business).
  • Acts that are damaging or illegal and done intentionally. This may include theft that your employees engage in.
  • Hacks and similar cyber issues.

It’s important that you take the time to fully assess your insurance options and understand what policies will offer you before you purchase them.

Find Umbrella Insurance With Freeland Insurance

Once you’re ready to take the next steps, we’re here to help. Freeland Insurance in Oklahoma City, OK is your partner in helping you secure the right insurance policy for your business. If you’re interested in umbrella insurance, get started here with Freeland Insurance. Compare quotes today or contact us if you need help finding the right policy for you.

Why You Need Flood Insurance for Your New Home

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If you’re in the Oklahoma City, OK area and looking for flood insurance, Freeland Insurance is here to help. Even if you don’t live in a flood plain, where your mortgage holder will require a flood policy, having this valuable coverage can still be important. That’s because it can flood anywhere, even though it’s more likely in some places than in others. You don’t have to live in a valley or near a body of water to experience a flood, and you want to be protected if it happens.

The Importance of Flood Insurance

One of the best ways to protect yourself and your home is through an insurance policy that covers floods. Unfortunately, many homeowners think that their standard home insurance covers them for these kinds of events, but that’s not the case. A flood policy is separate from regular homeowners insurance, and our agents will be happy to discuss how this coverage can give you an added layer of protection and increased peace of mind.

Choosing the Right Coverage

It’s often easier than you realize to have more protection for your home when you work with a dedicated agent who can answer your questions and provide you with quotes. We work with multiple insurers to help you get the right policy for your specific situation and can help you compare the available options. Your security and peace of mind are so important, and we can help you protect your new home more fully with the right insurance policy.

Contact Freeland Insurance for Your Flood Insurance Needs

Contact us today at Freeland Insurance if you’re in the Oklahoma City, OK, area and interested in learning more about flood insurance. We’re here to help and want to ensure you have every opportunity to choose the right coverage and keep your home safe and protected for the future.