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Oklahoma Investment Property

What makes our Oklahoma Investment Property policy so unique?

When you choose Lynnae Insurance Group for your Oklahoma investment property insurance, you get the personalized service of an agent right here in Oklahoma City, with all the conveniences of an online company! With benefits such as ANPAC’s online account access, CA$HBACK from ANPAC, Common Cause of Loss Deductible, it’s not hard to see why thousands of families trust Lynnae Insurance Group and ANPAC with their Oklahoma investment property insurance.

Your Investment Property Policy Features

99 Properties, 1 Policy

With Lynnae, you can insure up to 99 properties on one policy – can you imagine how much time that would save!

Full Replacement or Market Value Coverage

You get to choose from either Full Replacement Coverage or the money saving Market Value Coverage.

Low Deductible Options

Your policy can be customized to your liking, including the option to elect a deductible as low as $1000.

Personalized Approach

Oklahoma Investment Property insurance is different than any other state. With claims ranging from hail storms to wild fires – we see all! This requires the experience of a local Oklahoma agent like Mike and Jill Kahn to guide you through the complexities of Investment Property insurance in Oklahoma.

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Lynnae Insurance Group Standards

5-Star Claims Service

ANPAC® Five Star Claim Service℠ is designed to provide assurance and confidence throughout the claims process. Our focus is on what you need and when you need it. ANPAC®'s commitment to excellence is not only revealed by our customer satisfaction ratings, but by independent rating organizations such as A.M. Best and Standard and Poor's. Learn More »

Low Deductible Options

Unlike the other guys, who want to your deductible to be a percentage of your coverage, we offer fixed deductibles to fit your needs, just like it's been done for 50 years. Learn more »

Professional Insurance Review

Not sure exactly what kind of insurance you need? No problem. We offer a professional insurance review to help determine precisely what kind of coverage you need and the discounts you deserve. Learn more »

Online Account Access

Log on 24/7 to make changes, print ID cards, or review your account. Log in now »

Easy Policy Transfer

Lynnae makes initiating your new policy easier than ever. We'll contact your mortgage company to change your escrow account and even cancel your previous insurance policy to ensure no lapse or overlap in coverage. Buying a new home? We can handle that too! Learn More »

ANPAC® iPhone App

Insured2Go℠ contains you an amazing array of features designed to ease the process of filing a claim…something you can now do directly from your iPhone. Insured2Go℠ allows you to:
  • Report or check the status of a claim
  • Review policy information
  • Receive roadside assistance
  • Contact information for your local agent
  • And more!
Learn More » Download Now »

Available Benefits

Cashback From ANPAC

Simply remain claim-free for three consecutive years from your Ca$hback anniversary date, on both your auto and homeowner policies, and you’ll receive a check for 25% of your combined first-year premiums! Learn More »

Common Cause of Loss

Multiple claims from a single incident? Now only pay one deductible! If your car and your house get damaged in a single incident, you’ll only have to pay your home deductible, potentially saving you thousands. Learn More »

Water Backup Coverage

As with most insurance companies in Oklahoma, Water Backup Coverage can be added with minimal charge.

Available Discounts

New Roof Discount

If your roof has been replaced in the past 5 years, you could qualify for a significant New Roof Discount. Learn More »

Impact Resistant Shingles

With the significant increase in hail storms, many Oklahomans have elected to install Impact Resistant Shingles. Not only do these shingles withstand hail much better than standard shingles, they can also save you 25% on your ANPAC insurance premiums.  Learn More »

Tri-Line Coverage Discount

Requirements: Home + Auto + qualifying Life Policy
Policies: Home, Auto, Boat, Classic Car, Motorcycle

Monitored Alarm

If your home has a monitored alarm connected to both police and fire dispatch, you may qualify for up to a 10% discount on your homeowners insurance. Learn More »

Updated Heat & Air Discount

If your heat and air has been replaced in the past 5 years, you could qualify for up to a 5% discount on your homeowners insurance. Learn More »

So, you have questions about your Oklahoma Investment Property Insurance? Great! We have answers.

How much coverage do I need on my investment property?

Similar to Oklahoma homeowners insurance, residential investment property owners will generally, want Full Replacement coverage on all aspects of the policy – Dwelling, Other Structures, Contents, and the Roof. This covers the cost of replacing, repairing, or rebuilding the house from the ground up, without deduction for depreciation. The main difference between the two is the amount of contents coverage, with investment property needing much less than a standard homeowners policy.

What is covered in an Oklahoma investment property policy?

Investment property insurance policy will cover nearly everything that might happen to your  property with a few common exceptions. From fire to break-ins to wind  and tornadoes, we can give you the coverage you need. Furthermore, Lynnae gives you added protection with Fair Rental Value. If your property is un-rentable due to insurable damage, this policy will pay for the loss of rents while the property is being repaired or rebuilt.

How much coverage do I need?

When purchasing an investment property, it is not uncommon to find a property well below the true market value or the replacement cost. For example, you may purchase a home for $80,000, which is worth $120,000, and the replacement cost is $150,000. So what should you insure the home for? The answer depends on your investment goals. If you are the type that simply wants your financial investment out of the property, then you should be comfortable insuring the property for $80,000. Other investors want to insure the full market value, $120,000,  in order to capture the equity even in the event of a total loss. Finally, many investors want the option to rebuild the same house on the same lot, this requires the full replacement policy at $150,000.

Is my investment property covered while vacant?

The standard investment property policy has stipulations on coverage while the home is vacant. After a stated amount of time (30, 60, or 90 days vacant) most policies will limit the amount of coverage, or the types of perils covered. It is not uncommon for a policy to discontinue theft, vandalism, or water coverage after the home has been vacant for the stated period. If you feel your home will been vacant for a longer period than the stated time, please call your options to look at what options you have to continue coverage.