Buying a home is one of the biggest investments you’ll ever make—and protecting it with the right insurance is essential. But home insurance doesn’t cover everything.
As a Glenpool-based insurance agency, we often get asked:
“What does my homeowners insurance really cover?”
Let’s break it down so you know exactly what to expect—and what gaps you might not realize you have.
What Homeowners Insurance Typically Covers
While coverage can vary by company and policy, most standard HO-3 homeowners policies include:
1. Dwelling Coverage
This protects the structure of your home—walls, roof, floors, etc.—against covered perils like fire, hail, windstorms, and vandalism.
2. Other Structures
Detached garages, fences, sheds, and other structures on your property are typically included.
3. Personal Property
Furniture, electronics, clothing, and other belongings are covered, even if they’re stolen from your car or damaged in a covered event.
4. Loss of Use (Additional Living Expenses)
If your home is uninhabitable due to a covered claim, this helps pay for temporary housing and meals.
5. Personal Liability
If someone is injured on your property or you accidentally damage someone else’s property, liability coverage protects you from lawsuits and legal costs.
6. Medical Payments to Others
This covers minor medical bills for guests injured on your property—regardless of fault.
What Homeowners Insurance Doesn’t Cover
This is where many homeowners are caught off guard. Standard home policies usually don’t cover:
Flooding (You’ll need a separate flood insurance policy.)
Earthquakes (Coverage must be added separately in most states.)
Sewer Backup or Water Damage (Optional endorsement needed.)
Termite or Pest Damage
Wear and Tear/Neglect
High-Value Items (like jewelry, art, or collectibles) – unless specifically scheduled
Common Optional Coverages Worth Considering
Flood Insurance (especially important in certain parts of Oklahoma)
Water Backup Coverage
Scheduled Personal Property
Equipment Breakdown
Service Line Protection
Earthquake Endorsement (if applicable to your area)
Final Thoughts: Know What You're Paying For
Insurance isn’t just about checking a box for your mortgage—it’s about real protection when life throws a curveball.
Let’s review your current policy together and make sure you have the right protection for your home, your family, and your future.
