Insurance Price Hike May Force OKC Family Out Of Home - News9.com - Oklahoma City, OK - News, Weather, Video and Sports |

Insurance Price Hike May Force OKC Family Out Of Home

Posted: Updated:
Tiffany Taylor says her policy through Oklahoma Farm Bureau has increased by almost $200 a month, after one claim. Tiffany Taylor says her policy through Oklahoma Farm Bureau has increased by almost $200 a month, after one claim.
OKLAHOMA CITY -

A metro family may be forced to move after a force of nature hit their wallet hard.

The family says they may have to move to an apartment because they can no longer afford the homeowner's insurance.

It's the disaster after a natural disaster. Although it's sunny lately, Tiffany Taylor has the blues because of increasing bills. Her agent basically said when you buy insurance in this state, you better be savvy . Her policy through Oklahoma Farm Bureau has increased by almost $200 a month, after one claim

"The Oklahoma rates are going to be impacted. This is the way that principles work. The best thing for an Oklahoma consumer to do is to shop around and compare quotes," said Oklahoma Insurance Commissioner, John Doak.

But like car insurance, after an accident, costs go up. The same is true for homeowners' policies, even if Mother Nature is at fault.

"We felt like it was slap in the face every time we'd call around to try and get insurance quotes. It was astonishing to us," Taylor said.

The insurance commission points out 80% of companies in Oklahoma have increased their rates, as a result of recent storms. But if you feel you are being taken advantage of, call their consumer line at 1.800.522.0071 or visit the Oklahoma Insurance Commission website.

Special Features

iPhone App

Get breaking news, weather, sports & video directly on your iPhone.

Politics

Breaking political news & the latest headlines from the state capitol & D.C.

Radars

See where weather is happening using our live interactive radars.

Technology

Spend your money wisely with reviews of new tech gadgets & the latest news in technology.

TV Schedule

Need to know what's on TV? Check out our television schedule.

Live Radar

WARN Interactive
Powered by Frankly
News 9
7401 N. Kelley Ave.
Oklahoma City, OK 73111
News9.com is proud to provide Oklahomans with timely and relevant news and information, sharing the stories, pictures and loves of Oklahomans across our great state.
All content © Copyright 2000 - 2017 KWTV. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.