Tag: ranch insurance

OKFB Discounts All In One Place

Does OKFB offer discounts? What types of discounts does OKFB offer? Do I qualify for any discounts with OKFB? This is the blog you’ve been looking for! We have compiled the array of discounts we offer across our lines of Auto Insurance, Home Insurance, Recreation Insurance, Farm & Ranch Insurance, Commercial Insurance and more. Contact your agent to see which discounts you are eligible for!

Auto Insurance Discounts

We offer five discounts under our auto policy. You may be eligible for a discount if you have more than one policy with us, multiple vehicles and more! Keep reading to see where you may qualify. 

  • Scholastic Discount
  • Defensive Driving Discount 
  • Driver Longevity Credit 
  • Multi-Vehicle Discount
  • Companion Discount 

Home Insurance Discounts

Is your home less than 10 years old? Do you have an alarm system installed? If so, these are just a few ways you could qualify for a Home Insurance discount. Keep reading to see if you qualify for additional Home Insurance discounts.   

  • New Home Discount
  • Burglary or Fire Alarm Discount 
  • Claims-Free Discounts
  • Companion Auto Discount
  • Approved Roof Discount
  • Tie Down Credit

Farm & Ranch Insurance Discounts

We offer discounts for our Farm & Ranch Insurance, in addition to those that may have a Farm Auto, Farm Fire or Farm Renters policy. Keep reading to learn more!

Farm & Ranch 

  • New Home Discount
  • Burglary or Fire Alarm Discount 
  • Companion Auto Discount
  • Approved Roof Discount

Farm Auto 

  • Defensive Driving Discount
  • Scholastic Discount
  • Companion Home Discount
  • Multi-Vehicle Discount
  • Companion Umbrella Discount
  • Approved Grill Guard

Commercial Insurance Discounts

We also offer discounts to help out small businesses! If you are a Dwelling Fire – Tenant Occupied policyholder then check this out. You may be eligible for these discounts. 

Dwelling Fire – Tenant Occupied

  • Approved Roof Discount

 

Discount Eligibility

  • Approved Grill Guard: Trucks with a qualifying grill guard may qualify for a discount on collision coverage.
  • Approved Roof Discount: If you have a U.L rate class 3 or 4 roof surfacing installed, then you may be eligible for a discount. Check here for a list of approved roof surfacing.
  • Burglary or Fire Alarm Discount: If you have an alarm system or fire alarm in your home, then you may be eligible for a discount based on the type of alarm you have installed. 
  • Claims-Free Discounts: If you have had no insurance claims on your OKFB Homeowners insurance policy for the last three years, you may be eligible.
  • Companion Auto Discount: If you also have an auto policy with OKFB, you may be eligible. 
  • Companion Discount: If you also have other policies through OKFB, such as a Homeowners or Farm & Ranch, then you may be eligible for companion discounts. 
  • Companion Home Discount: Policyholder has an active owner occupied property policy with the company. 
  • Companion Umbrella Discount: Policyholder has an active or farm umbrella policy with the company. 
  • Defensive Driving Discount: May be eligible for those who complete a minimum six hour accident prevention course approved by the Oklahoma Department of Public Safety. Approved courses are often offered through your county Farm Bureau. 
  • Driver Longevity Credit: Drivers who have been insured with OKFB for at least one year may receive premium credit based on a combination of their longevity with OKFB and driving record. 
  • Multi-Vehicle Discount: A multi-vehicle discount may apply when two or more vehicles are insured with OKFB.
  • New Home Discount: If your home is 10 years old or less, then you may be eligible for a discount.
  • Scholastic Discount: This discount applies to specific auto coverages for classroom academic excellence to eligible full-time students who also meet specified requirements.
  • Tie Down Credit: If your mobile home uses approved tie downs to better secure your home, then you may be eligible for this discount. 

If you have any questions or want to learn more about eligibility and discounts then contact your OKFB agent. Remember, we’re your partners in life and are here to help during any situation!

The Basics: Farm & Ranch Insurance

A farm or ranch isn’t like a typical nine-to-five business. Because of this, we offer many options to cover your needs. Farm & ranch lines of coverage are detailed and flexible, so you can get covered for certain things like a farm fire, leasing property, constructing a new farm and more. To begin, here are four lines of coverage that you may want to learn more about!

Our farm & ranch line covers items from farm buildings and structures to employer’s liability and animal collision. The policy can also cover things like farm personal property, dwelling, and personal liability. There are multiple coverage options and features available under this policy that are customizable to fit your needs. 

Farm Liability

Farm Liability coverage helps protect you from financial loss if accidents occur on your farm. This includes protection for bodily injury or property damage for which you may be held responsible. It’s especially important if visitors, customers, or delivery personnel come onto your property. Since accidents are inevitable in agriculture, liability coverage is crucial to safeguard your operation and your financial well-being.

Farm Implement

While a Farm & Ranch policy may cover machinery, equipment, supplies, and other property-owned materials, Farm Implement coverage focuses on loss or physical damage to farm implements themselves. This includes combines, hay balers, cotton pickers, plows, seed drills, planters, and more. It also provides liability coverage in case of claims or lawsuits. By insuring your tools and equipment, you’re protecting the success of your daily operations.

Farm Auto (Including Tractors and Trailers)

Your vehicles are essential to life on the farm. Regular auto insurance doesn’t typically cover farm-use vehicles, which is why Farm Auto coverage is so important. It covers vehicles like pickup trucks, farm truck tractors, trailers, and other farm-use equipment. Just like driving a personal car, accidents can happen on the job — and this policy can protect you against collisions, damages, and liability. With flexible options like comprehensive, collision, and liability coverage, you can adjust your policy to meet the exact needs of your operation.

Crop

No matter what crops you grow, protecting them is vital. Crop Insurance covers losses due to unpredictable events such as hailstorms, tornados, pests, disease, or other covered perils. Like Farm & Ranch coverage, Crop Insurance is flexible and detailed, with options that include livestock risk protection, nursery coverage, and annual forage. With this coverage, you can plant and harvest with confidence, knowing your investment is safeguarded.

4-H and FAA Insurance

For ranchers and families involved in 4-H and FFA activities, specialized coverage is available. This protects the assets and activities tied to these programs, helping support young ranchers as they pursue their agricultural passions. Supporting the next generation is an important step in ensuring the sustainability of farming and ranching.

Check out our farm and ranch FAQ’s to learn more about our insurance coverage options. Ensure your farm or ranch has the protection it needs by contacting an agent.