Home Insurance in Tulsa, OK
With home insurance in Tulsa, your residence is covered for repair and replacement after certain covered events such as fire, theft and other natural disasters.
With nearly 412,000 residents, Tulsa is the second-largest city in Oklahoma. The city's official motto is œa new kind of energy, which is both a reference to its status as a major capital in the oil and gas industry and its increasingly diverse economy. Many industries have major operations in the Greater Tulsa area. Major employers have operations here, attracting professionals at every level to live and work here.
Tulsa's a great place to put down roots, as the housing costs here are around 22% lower than the national average. Your money goes further in a place like Tulsa, where the median household income of $52,000 is over one-third of the median property value of $151,000. Over 52% of Tulsa residents are homeowners. Responsible property owners need a plan for home insurance in Tulsa to protect their finances from the out-of-pocket costs of post-damage replacement and restoration.
Living in Tulsa exposes your home to several risks, such as earthquakes, flooding and wildfires. The state of Oklahoma is located in Tornado Alley, a region in the central United States where tornadoes occur most frequently. These natural disasters cause widespread damage to homes and other infrastructure. Whether your home is a Prairie School-style house in Riverside, a Tudor Revival home in Mayo-Bennett or a Craftsman on Cherry Street, a homeowners' insurance policy can give you peace of mind after a fire or tornado.
You're not required by law to have home insurance in Tulsa, but lenders often require borrowers to carry coverage. While there are many types of plans available, your policy should cover these events:
Home insurance isn't just about the dwelling or personal contents. It also covers your personal liability should a visitor be injured or experience property damage while at your home. Other coverages may be standard with a policy. VIU by HUB helps you compare all available options.
Tulsans pay $5,783 each year for coverage, on average. This is below the state average but above the national average of $2,412. While several factors influence what you pay, these are the main ones:
No two homes will have the same qualities and some discounts can offset factors that raise your rates. When you compare quotes with VIU by HUB, you can choose a plan for home insurance in Tulsa that is right for your budget and your household. Get started today.
This information is intended for general informational purposes only and is not intended to constitute legal advice.
