OK

Advantages of Commercial Insurance for Entrepreneurs in Oklahoma City

Posted on by agentinsure

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

Posted on by agentinsure

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.

Three myths about financial services

Posted on by agentinsure

Taking advantage of financial services is vital for optimizing your finances. At Freeland Insurance, we offer financial services to consumers in Oklahoma City, OK. 

There are a lot of myths out there that consumers need to be aware of about financial services. The following are three myths about financial services. 

Financial services only advise customers about investments.

While investment advising is an important part of what financial services providers do, this is not the only type of assistance you can get from a financial services company.

Financial service providers also help with other financial issues such as debt management, real estate negotiations, banking decisions, and much more. 

There are a lot of hidden fees when you hire financial services providers.

Some people assume that there are always a lot of unexpected fees that come up when they hire financial services providers. However, an excellent financial services company will advise you on all fees before you sign a contract or use their services to avoid surprises down the road.

It’s easy for you to take care of all your financial needs yourself. 

Making financial decisions yourself can be challenging and stressful. Making the wrong decision about investments, borrowing, or other issues could cost you down the road. 

You can be more confident that you’re making the right financial decisions when hiring a professional financial services provider. This will make building your savings easier and minimize your debt over time. 

If you want to learn more about ways to improve your finances, you can find financial services available in Oklahoma City, OK. Get in touch with us at Freeland Insurance to learn more about the services we provide. 

Is Your Auto Insurance Up to Date?

Posted on by agentinsure

When it comes to auto insurance one of the worst things that can happen is for your insurance to be out of date. This can mean one of two things, either the insurance has expired, or your insurance no longer covers what you need it to cover. There are a few different ways to check your coverage and to make sure your coverage is up to date. For those in Oklahoma City, OK, your coverage needs may be different from someone that lives in another part of the country.

The first way to check your coverage is to simply look at your insurance cards. These cards will display the date that the card expires, the coverage expires, and when you need to get a new card and to renew your coverage. You can pay for your premiums in a variety of ways and in a variety of different increments as well. Most people simply pay monthly to help offset the cost but you can also pay your premiums for 6 months or for a year.

It is always helpful that if you are not sure how to check your coverage, that you talk with an agent to help you determine when your coverage lapses and when it needs to be renewed. You can also check online if your agency has a website and find out when your coverage expires. You should also take the time to find out when you need to up coverage, add more coverage, or change your coverage to keep it up to date and to make sure your coverage is going to work if you are in an accident. Your coverage is important and if you live in the Oklahoma City, OK area you need to make sure your coverage is perfect for you.

What to Consider When Comparing Home Insurance Quotes

Posted on by agentinsure

Choosing home insurance is an often daunting task, and one that comes with a lot of questions. One way that people typically try to simplify the process is to focus solely on the price. Here are 3 reasons why that might not be the best strategy. 

1. Pay Now or Pay Later 

An unfortunate fact of life, but a lesson that you shouldn’t have to learn the hard way. The amount of money you spend on insurance can pale in comparison to the financial ramifications of a disaster happening to your property. Whether it’s a flood or a guest tripping over their shoelaces and blaming it on the linoleum, there are a lot of situations that may not be covered in the cheaper quotes. 

2. Will Help Be There?

Calling up your insurance company is never going to be a fun task, but some experiences can be better than others. Choosing a company that understands the importance of providing value in an emergency is of vital importance. When something horrible happens, you want someone you can turn to — a partner who will be able to direct and guide you to a better solution. 

3. How Much Do the Agents Know?

The companies who serve Oklahoma City, OK who have the best home insurance have the best people who can really answer questions at a deeper level. When you talk to a person who has done their job for many years, you can be sure that you’re getting advice that is custom-made for your situation. 

FM Insurance wants to know more about the specifics of your situation. We have staff serving Oklahoma City, OK to keep you feeling safe and secure in your own home. When you’re comparing quotes, there is so much more to consider than just how much it costs. The service and coverage you get is far more valuable. Give us a call for more information.