Good Grade Discount

Getting a driver’s license can be an exciting time, but chances are it may be less so for parents. This newfound freedom for the new, young driver also means a policy update or addition to maintain the necessary auto insurance coverage. 

If a vehicle is being added to the policy for the new driver, it will require adding a new coverage line. If the driver will be sharing a car that is already under the policy, that will require a policy update as well. Adding coverage or adjusting coverage can mean changes in price. Most times, a new, young driver will be more expensive to insure. Luckily, many insurance providers offer a good grades discount for car insurance. Read more about this discount and contact your agent to apply:

To be eligible for this discount with OKFB Insurance, a student must*: 

  • Be a full-time student in high school, college or university
  • Have a scholastic record during the immediately preceding school semester or quarter that shows one of the following: 
    • 3.0 GPA or B average
    • Scholastic rank in the upper 20% of his/her class 
    • Included on the “Dean’s List,” honor roll or other comparable scholastic recognition list 
  • Send the insurance agent a copy of the student’s most recent scholastic record 
  • Apply for the scholastic credit with your agent

Contact your agent to see if your student is eligible to receive this discount. While you’re at it, take a look at our other discounts for Auto Insurance policies. 

*Depending on your carrier, these eligibility requirements may vary. 

Benefits of Bundling Home and Auto Insurance

Managing and paying for multiple insurance policies can seem overwhelming, but that’s where bundling can come into play and provide big benefits. Insurance bundling is the process of joining multiple insurance policies under one member policy. It can often lead to a bundling discount – sometimes referred to as a companion discount – convenience and peace of mind for having all of your policies in one place! Read on to learn more about these benefits: 

You may be eligible for a bundling discount

When you purchase auto and home insurance from the same carrier, you may be eligible to receive a bundling discount. You could save on the bundled product premiums in comparison to paying more for two separate policy premiums with two carriers. OKFB Insurance offers a companion discount, but discounts offered will vary depending on the carrier. To see if you’re eligible for our bundling discount, contact an OKFB Insurance agent.

Bundling can provide enhanced convenience

A bundled policy can mean less paperwork to do initially and to keep up with – saving you time and energy. Additionally, all payments, claims and policy changes can be streamlined through one, dedicated agent. This means if something goes wrong, you’ll know exactly who to call to get help quickly. 

Your agent can help you look at the big picture

By working with you on a bundled policy, your insurance agent will get to know you and your insurance needs better while also developing a personal relationship. Your agent will help you identify gaps in coverage, savings and recommend additional policies. They will also be able to help you choose limits that will help cover all of your assets.

Learn more about the home and auto insurance policies we offer. When you’re ready to take advantage of these benefits, contact your agent to see what you may qualify for.

Benefits of a Storm Shelter

When a tornado or storm strikes, do you and your family have a safe place to take shelter? Are you able to get there in seconds? A safe room or storm shelter can provide an extra layer of protection during a destructive storm, but this isn’t the only benefit a storm shelter provides. If you don’t currently have a storm shelter, or don’t know the value it can provide, check out the following storm shelter benefits.

Easily Accessible

One of the main benefits of a storm shelter is that it is within or very close to you, so everyone in the household can get to it easily. Having a storm shelter on your property means you eliminate the risk of trying to travel to a storm shelter down the street or in the area. A designated storm shelter also reassures you and your family know where to go before a storm or tornado strikes.

Built to Fit Your Family

Storm shelters come in a variety of designs and sizes, plus there is even the option of a custom design to fit your unique needs. If your family has to travel to a community storm shelter, there is the possibility that it will be full and you may have to split up. Additionally, if a family member has unique needs, such as a wheelchair accessible storm shelter, an above-ground storm shelter can meet that need.

Protection for Valuables

Severe storms, especially those that spin up tornadoes, can damage or even totally destroy a home and its contents. A storm shelter in your home can serve as a safe place not only for members of your family, but also for valuable items. From jewelry to pictures, storm shelters can help protect your most precious valuables.

Stocked for Emergencies

Your storm shelter is a great place to store any emergency supplies you may need in case of a tornado or other severe storm. Consider including first aid items, extra clothing, water, food, medication and any important documents. Taking the steps to prepare an emergency kit for your shelter can help make this an area of refuge.

We hope you will consider investing in a storm shelter if you don’t already have one. Even if you never have to use it, a storm shelter in your home can provide peace of mind for you and your loved ones.

As an added bonus, OKFB members are eligible to receive several discounts on storm shelters. Learn more about this storm shelter discount, and contact your OKFB Insurance agent to talk about the right level of homeowners or flood insurance before storm season is in full swing.