Services

Whatever your insurance needs, The Curry Insurance Agency will be happy to provide you with a no-cost, no-obligation review and comparison of your insurance. Our services include:

Homeowners Insurance

A home is certainly a valuable investment. In most cases, it is the largest purchase of a person’s life. It is our goal to make sure that each policy we sell in our agency adequately and accurately insures its respective home, reflecting its owner’s needs if the home is damaged or destroyed. There are six main parts to a homeowner’s policy described below. Let us look at your policy to see if you are covered properly.

1. Dwelling Coverage- This is the part of an insurance policy that covers the actual structure of our home. It pays to repair or rebuild your home if it is damaged by a covered loss. Covered losses do not include wear and tear, aging, maintenance issues or the like. Sudden and accidental direct physical losses are the types of perils the policy covers. Flood and earthquake losses are not covered under homeowners policies unless you pay an additional premium. This coverage is subject to a deductible, which can be an amount from $250 to $5,000. Your mortgage company will require that you have enough dwelling coverage to cover the loan on the structure. You may need more. See the home insurance tips for more.

2. Personal Property Coverage- This is the part of the policy which pays for your contents if damaged, stolen or destroyed by a covered loss. Most policies provide this coverage for no extra premium at 70 or 75% of the dwelling coverage. Personal property losses are subject to the same deductible as dwelling losses. There are limitations on certain property like jewelry, art, furs, guns, money etc. You may purchase additional coverage for extra premium. Coverage is provided anywhere in the world, even while moving.

3. Other Structures Coverage- This section of the policy covers fences, detached garages, gazebos, sheds, pools, etc. usually up to 10% of the dwelling coverage.

4. Liability Coverage- This coverage covers the insured person for legal damages he is liable to pay as a result of negligence, excluding motor vehicle accidents and other limitations. Coverage could include protection for dog bites, damage done to others by minors, or many other circumstances. See policy for details.

5. Additional Living Expenses - Provides payment for the insured for additional expenses incurred from a covered loss to the insured dwelling. Many people used this coverage to rent homes and apartments after the tornadoes destroyed so many homes in Oklahoma over the last five years. It usually pays for up to 12 months of living expenses.

6. OTHER COVERAGES YOU MAY BUY- You may buy other coverage to fit your needs such as IDENTITY THEFT RECOVERY , BUSINESS PROPERTY, EXTENDED JEWELRY, SATELLITE DISH, INCREASED COMPUTER and SILVERWARE THEFT coverage, among others. Each person’s needs vary, so make sure yours are properly met by your policy.

Home Insurance Tips

Insure your dwelling for the replacement value. This is not necessarily the appraised value, or the value the dwelling is worth right now. Construction costs continually increase, and it may cost much more to insure your home than its present value. Consult us, and we will help figure the approximate cost to replace your home.

Buy a policy that provides REPLACEMENT COST FOR CONTENTS. Do not buy actual cash value coverage on your personal property, or you will receive much less for your damaged or destroyed property. A television purchased in, say, 1987 is not worth very much and would only fetch a few dollars under an actual cash value policy. If covered by a replacement cost policy, the insurance company would replace it with a new one of comparable size and quality.

Purchase a policy with the deductible that fits your situation. If you can afford a $1,000 deductible, that may be the best deal. If you own a large house, you should probably have a high deductible, which would save you money.

Don’t turn in claims for small losses. Insurance companies look at loss history in the underwriting process and can charge more if you have multiple claims, even if they are weather related.

Maximize your insurance value by purchasing your home and car insurance from the same company.

Take pictures of your belongings and keep a list of your valuable items. In case of a catastrophe, you will have an accurate account of the value of your possessions. We will keep a copy in your file at our office in case your home is destroyed.

Call us a before you sign a contract on a new house, so we can inspect it to ensure that the structure is in insurable condition. If you don’t, you could end up paying more or struggling to find a company that will insure it. Don’t buy a house that has composition shingles nailed over old wood shingles.

Expect an offer from your agent to review your policy every year. If you don’t currently get that, switch to our agency and you will. It could save you lots of money down the road.

* *Read your policy carefully. There are exclusions and limitations in each policy, so know what you have. If you have a question, ask your agent and he will get you the answer. This is not intended to be nor is it a part of any insurance policy, but rather is a general explanation of protection you may be eligible to buy from this agency. You must pay a premium for the coverage described above, and if it is not listed on your policy declarations, you do not have that coverage.

Auto Insurance

Auto insurance policies can cover many different losses. Below is a list of automobile insurance policy coverages we sell. Liability coverage is the only coverage you are required by law to carry. However, if you borrow money against a vehicle, you may need to carry collision and comprehensive coverage. You will notice that “full coverage” is not listed because it is a commonly used “slang” phrase not defined in any insurance policy or law. Don’t rely on or use this phrase when you buy insurance, because nobody really knows what it means. Your insurance provider should accurately describe each coverage you buy and make sure your policy provides what you want and need.

1. Liability Coverage- This covers damages you are legally obligated to pay because of bodily injury or property damage you cause while using your automobile. Oklahoma state law requires anyone who owns an auto to carry no less than $25,000 per person and $50,000 per occurrence in bodily injury coverage. You must also carry at least $25,000 in property damage coverage. Make sure you have adequate policy limits to protect yourself from lawsuits and legal obligations should you cause an accident.

2. Medical Payments Coverage- This coverage pays for an insured person’s (including passengers) medical bills as a result of a motor vehicle accident, regardless of fault. This coverage is purchased from $1,000 per person up to $100,000 per person for coverage limits. It can be an important help in paying major medical deductibles or in covering persons who do not carry major medical coverage.

3. Uninsured Motorists Coverage- This coverage pays for bodily injury damages caused by an uninsured or underinsured driver. This could include medical bills, pain and suffering and lost wages. It does not pay for your car or any other property, only for bodily injury damages. If you want to insure your car, see the next coverage.

4. Collision Coverage- This covers damage to your car as a result of a collision, regardless of fault, up to the actual cash value (depreciated value) of your vehicle. A deductible (the part you must pay before the insurance company pays) will apply. You may purchase this coverage with a deductible ranging from $100 to $1000 per vehicle. The higher the deductible, the lower your premium will be. This is a coverage that most lenders will require you purchase if you borrow money against a car.

5. Comprehensive Coverage- This covers direct and accidental loss to your car not caused by collision but by something like theft, vandalism, wind and hail, fire, falling objects, and more. A deductible also applies to this coverage, but cannot be higher than $1,000. It will pay the actual cash value of your vehicle.

6. Towing and Labor- This covers towing costs if your car is disabled. You pay and then submit your receipt. The insurance company will reimburse you for costs up to $50.

7. New Car Coverage- If you buy a new car, purchase this coverage. It will either pay to repair or replace your car with a new car without deduction for depreciation or pay the difference in the car’s value and the amount you owe (if you’re upside down) if the car is totaled by a collision, tornado or certain other losses.

8. Rental Reimbursement Coverage- This covers costs for a rental car if your car is in the shop or totaled due to a covered loss. Many people think they have this coverage but in fact do not, and only find out at the time of loss that they must pay for a rental car.

9. Sound System Coverage- Pays for loss to a sound system that was not originally installed by the vehicle manufacturer, such as amplifiers and speakers. You must also purchase comprehensive coverage to be able to buy this extra coverage for your stereo. Can pay up to $2,500 for losses to stereo equipment.

10. Tape Coverage- Covers tapes, compact discs and DVD’s in the auto. You must also purchase comprehensive coverage to be able to purchase this extra protection.

Auto Insurance Tips

Listen to the advice of an experienced agent, like the agents in our offices. They can save you a lot of money and give you good, solid advice. You might even make a friend.

Make sure you buy enough liability coverage to protect you if you have an accident. Accidents happen every day, and people get hurt. If you put hit someone, and they go to the hospital, you could be liable for tens of thousands of dollars in medical bills very quickly. Don’t try to save money on liability coverage, because there is not really a limit on how much damage you could do.

If you want to save money, raise the deductible on your collision and comprehensive coverage. Make sure you have an emergency fund to pay that deductible in case of a loss, and you will come out ahead in the long run. If there is no lien on your car, and it is older, you may want to drop collision and comprehensive and assume the risk yourself.

DO NOT BUY a newer car for a young driver unless you are prepared to pay very high insurance rates to cover that car. Statistically, young drivers are involved in and cause more wrecks than any other group of drivers. Insurance rates are very high for these drivers for good reason. Insurance companies pay millions of dollars every month as a result of accidents caused by young drivers.

Call us, and we’ll give you the best rate possible.

Buy your car and house insurance from us, and you will receive a discount on both policies.

DON’T let your coverage lapse. You will then have to go to a high-risk company to get insurance, and it is hard to get back into a preferred company.

Don’t buy insurance from a company you don’t recognize or can’t reach on the phone, even if their premiums are cheap. When claim time comes, it will be even harder to reach them, and sometimes getting things done can take forever. In short, don’t mess around with your financial future. Insure with a strong, reputable company.