Dozens of Insurance Companies Offering Discounts to Oklahomans with Tornado-Resilient Homes

By a News Reporter-Staff News Editor at Insurance Weekly News -- Dozens of insurance companies are now offering discounts to Oklahomans who have built or retrofitted their homes to certain tornado-resilient standards. A new law went into effect on April 1 requiring the discounts. Since then, multiple companies have notified the Oklahoma Insurance Department (OID) of their premium rate discount.

"Storm season is here, and we've got to be thinking proactively to save lives and property," said Oklahoma Insurance Commissioner John D. Doak. "I'm proud to see our insurance companies stepping up for Oklahomans. Homeowners will see the advantage of having a stronger home with more affordable insurance rates, higher resale value and can withstand up to an EF-2 tornado."

Keywords for this news article include: Oklahoma Insurance Department.

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