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If you’re a homeowner in Mississippi — especially along the Gulf Coast — changes in your homeowners insurance policy could be quietly costing you thousands. One of the most important trends right now is that more insurance companies are switching roof coverage from Replacement Cost Value (RCV) to Actual Cash Value (ACV). At Oaktrust Insurance Group, we […]

When most people think about home insurance, they typically imagine coverage for damages to their property, such as repairs after a storm or replacing belongings after a fire. However, many homeowners are unaware that home insurance policies also include a component for medical benefits. This feature provides coverage for certain medical expenses if someone is

When it comes to selecting insurance, the choice of agent can significantly impact yourexperience and coverage options. Many people might not realize that there are two maintypes of insurance agents: independent agents and captive agents. While both can helpyou secure insurance coverage, opting for an independent insurance agent often proves tobe the more beneficial choice.

As the climate changes, so do the patterns of extreme weather, and 2024 has proven to be a year of record-breaking storms and unexpected flood damage. A striking trend has emerged: many homes that flooded during hurricanes this year were located outside designated hazard flood zones. This development has left thousands of homeowners unprepared for

When it comes to protecting your home from potential flood damage, two important terms you’ll likely come across are flood risk and flood zone. While they sound similar, they represent different ways of evaluating the potential for flooding at your property. Understanding the distinction can help homeowners, buyers, and even renters make informed decisions about flood insurance, property

When you purchase a homeowner’s insurance policy, you’re protecting one of your most valuable assets: your home. While many people understand that their policy covers damage to the structure of their home and their personal belongings, not everyone is familiar with the “Loss of Use” coverage. This lesser-known aspect of homeowner’s insurance can be crucial

Over the past few years, many homeowners have noticed a significant rise in their home insurance premiums. While this can be frustrating, understanding the underlying reasons for these increases can provide valuable insight into the broader trends affecting the insurance market. Here’s a closer look at the key factors contributing to the rising cost of

Living on the picturesque Mississippi Coast offers many advantages, from beautiful beaches to a vibrant community. However, it also means being mindful of the unpredictable nature of hurricane season. As a homeowner, one of the most crucial aspects of preparing for this time of year is ensuring your property is adequately covered by homeowners and

When it comes to safeguarding your home and belongings, having the right insurance coverage is crucial. One essential step to ensure your home insurance policy is accurate and effective is conducting a thorough home inventory. A home inventory is a detailed list of your personal belongings, which helps you assess the value of your possessions

When it comes to safeguarding your home and possessions, homeowners insurance is a vital tool. However, understanding the intricacies of your policy can be daunting, especially when it comes to terms like “extended replacement cost.” So, what exactly is the 25% extended replacement cost in a homeowners policy? Firstly, let’s break down what replacement cost