If you’re looking for the right home insurance policy for your needs in Norman, OK, you should be aware of what some of the most critical add-on coverage types are. Luckily, we offer numerous types of home insurance and add-on coverage options at Steiner Insurance Group.
Unfortunately, a basic home insurance policy won’t necessarily offer all the coverage types that you need at your property. When this is the case, you need to put add-on coverage types on your policy.
Flood damage coverage
Home insurance policies do not usually include coverage for flood damage. At the same time, floods can occur just about anywhere in the country. They can also cause significant damage to a home.
Adding flood damage coverage to your policy is always a good idea. Also, this type of add-on coverage might not be costly if your home is not located in a flood zone.
If your home is located in any area where flooding is likely, you may be able to get government-subsidized flood damage insurance through FEMA.
Coverage for highly valued items
If you have especially valuable possessions in your home, standard home insurance might not be adequate to cover them for their full value. In this case, you might want to consider adding high-value item coverage to your home insurance policy.
Sinkhole damage coverage
Like floods, sinkholes can also occur anywhere in the country. Sinkholes can cause severe structural damage to a home.
Sinkhole damage coverage probably won’t increase your monthly premiums by that much. At the same time, this type of coverage can be a lifesaver financially if your property does eventually experience sinkhole damage.
If you need to learn more about add-on coverage options in Norman, OK, contact us at Steiner Insurance Group.