If you are buying a home in Lawton, Oklahoma there are a few things you should know about homeowners insurance. If you have a loan, the lender will require you to insure your house for at least as much as you will owe on it. However, this amount may not be enough coverage to protect you. In general, you should insure your home at replacement cost(the cost to re-build your home at today's prices)In many cases, replacement cost will be more than what you finance on your home. How insurance can affect your loan approval Lenders consider your insurance premium to be part (0 comments)