Top 5 Home Insurance Questions We Hear (And Honest Answers)
As a local independent agency here in Glenpool, we talk to homeowners every day — and many of them are asking the same questions. Home insurance can feel confusing, especially when you’re dealing with rising premiums, deductibles, and fine print that doesn’t always make sense.
We’re here to make it simple. Below are the five most common home insurance questions we hear — and our honest answers to help you feel more confident about your coverage.
1. What does my home insurance actually cover?
A standard homeowners policy typically includes:
Dwelling coverage for the structure of your home
Personal property coverage for your belongings
Liability protection in case someone gets hurt on your property
Additional living expenses if you’re displaced after a covered loss
But not everything is covered. Flooding, earth movement, and lack of maintenance are common exclusions. We always recommend reviewing your specific policy to understand what is — and isn’t — protected.
2. How much should my deductible be?
Your deductible is what you pay out of pocket before insurance kicks in. Common options are:
$1,000 (lower out-of-pocket, higher premium)
$2,500 or $5,000 (higher out-of-pocket, lower premium)
We’ll help you find the right balance between what you can afford in a worst-case scenario and how much you want to save on your monthly bill.
3. Why did my premium go up if I didn’t file a claim?
You’re not alone — many Oklahoma homeowners are seeing rate increases due to:
Rising construction costs
Increased frequency of wind and hail claims in the region
Inflation across the insurance market
Even without a claim, your policy may be affected by how your carrier views risk in your zip code or region.
4. Do I need extra coverage for storms or tornadoes?
Most standard homeowners policies in Oklahoma do include wind and hail coverage — but the deductible is often separate and based on a percentage of your home’s insured value.
For example, a 1% wind/hail deductible on a $250,000 home = $2,500 out of pocket before coverage starts. It’s critical to understand what your storm deductible is and if your home is fully insured to rebuild after major damage.
5. Is replacement cost coverage worth it?
Absolutely. Replacement cost coverage pays to rebuild or replace your home and belongings at today’s prices — not their depreciated value. It can mean the difference between a full recovery and a major financial setback.
Ask us to confirm that both your home and your personal property are covered at replacement cost, not actual cash value (ACV).
Get Straight Answers from a Local Agent Who Cares
Whether you’ve been in your home for years or just moved to Glenpool, it’s worth taking a few minutes to review your coverage. At Greg Wilson Agency, we make it easy to understand your options — and we’ll help you find better protection without overpaying.
Call us today at (918) 291-8358
Visit our Glenpool office or request a quote online
https://app.usecanopy.com/c/GregWilson
Let’s make sure your home is covered the right way.
