Umbrella insurance plans can be a great fallback when you have a lot of risk to cover, and you want to catch it all with a single safety net. If you’re considering calling Freeland Insurance to get your home and business covered under the same umbrella policy in Oklahoma City, OK, here’s what you’ll want to do, first:

Consider Whether Your Business Needs Umbrella Coverage

You should take a moment to consider your business risks. Even if your business is just you and a smartphone, you might have some major risks to consider. If you have clients or customers visiting your place of business, then you have liability to think about. If you drive a company car, then commercial liability might be required. On the other hand, there’s not much reason to buy additional coverage if your business hasn’t grown past a laptop in the corner of your living room yet.

Weigh The Costs

Generally, umbrella insurance won’t be that big of an expense added on top of your monthly insurance payments. You won’t know for sure until you ask for rates, but umbrella coverage is typically cheaper than buying extra coverage for each item individually. Before buying umbrella insurance, it’s a good idea to get quotes for additional coverage on each item individually and weigh that against umbrella.

Freeland Insurance can help to connect you with the coverage you need. A lot can happen in Oklahoma City, OK, and umbrella coverage is just one of the ways in which you can protect yourself against calamity at home and at work. Compare the costs, consider what your business risks are, and determine whether you need umbrella insurance to cover home and business.

When you make a large purchase, you want to make sure it is properly protected. Whether it be a car or a home, protecting it with the right insurance is one of the smartest moves you can make. Just think about it. If your home becomes damaged due to excessive winds, then anything from the windows to the roof may need to be replaced. Replacing these things can cost you thousands of dollars and many hours of labor. With the right insurance, though, you can rest assured that the accompanying costs will be covered under your insurance policy. Let’s take a quick look at what flood insurance is and why you need it. 

What is flood insurance?

Most homeowner’s policies do not provide coverage for flooding. And what is so sad about this is that many people think their insurance does provide this type of coverage and they don’t find out that it doesn’t until they go to file a claim. Flood insurance is its own type of insurance and needs to be added onto your homeowner’s insurance policy. With the right type of coverage, you can have peace of mind in knowing that no matter what happens to your home, you can receive compensation for any damage that occurs to it. From fire to flooding, insurance should always be viewed as a necessity. It is an investment that can pay for itself many times over in a single claim. In fact, insurance can be viewed as one of your biggest assets.

If you would like to learn more about flood insurance, please contact Freeland Insurance serving the Oklahoma City, OK area today.