Home Insurance

Homeowners insurance is not required by state law, but most mortgage lenders require it before closing. Your policy must be active on or before your closing date to protect both you and the lender.

A standard homeowners policy typically covers:

• The home structure
• Personal belongings
• Liability protection
• Loss of use if your home becomes unlivable due to a covered loss
  Coverage details can vary by carrier and location, so it’s important to review limits carefully.

Dwelling coverage should reflect the cost to rebuild your home, not its market value or purchase price. Construction costs in areas like Springfield, Oak Grove, and Northwest Arkansas can change quickly, making proper valuation critical.

No. Flood insurance and earthquake coverage are separate policies and are not included in standard homeowners insurance. Homes near creeks, low-lying areas, or certain soil conditions may be at higher risk.

Most policies cover sudden and accidental storm damage, such as wind or hail. However, coverage can depend on roof age, materials, and policy type, especially in storm-prone regions like Missouri and Arkansas.

Common deductibles range from $1,000 to $5,000 or may be a percentage of your dwelling limit. A higher deductible can lower premiums but increases out-of-pocket costs if you file a claim.

Yes, many homeowners policies provide limited coverage for belongings while moving or in temporary storage, usually 10% of coverage C, other limits may apply. High-value items may need additional coverage.

Yes. Liability coverage helps protect you if someone is injured on your property or if you accidentally cause damage to others. This is especially important for homeowners with guests, pets, or swimming pools.

Yes. Many homeowners save money by bundling home and auto insurance with the same carrier. Bundling can also simplify billing and policy management.

A local independent agency understands regional risks, lender requirements, and carrier options specific to Oak Grove, Springfield, and Pea Ridge. They shop multiple carriers and help avoid coverage gaps that new homeowners often miss.