MIAMI – A new insurance agency, Tristate Insurance, has opened an office in a familiar location at 138 North Main in Miami.

The office space was previously occupied by another insurance agency and now continues to offer insurance opportunities through a new and different agency owned by Eric Lofland.

“This location is great because it was owned by Dale Owens for years and has been an insurance office for many years,” Lofland said. “You can’t beat the location because it’s been an insurance office for over 40 years.”

Lofland owns another agency in Seneca, Missouri and is excited to expand his agency in the area by offering services through the second office in Miami.

Tristate Insurance has offered competitive insurance policies for auto, home, life, health, business/commercial and farm and ranch by shopping over 70 different companies in Seneca at his main office where Lofland started his first agency.

“We have a lot of companies who do home and auto, so I feel like we have pretty large options as far as companies go because of our independence,” Lofland said.

Lofland opened the second agency office in Miami this month for Oklahoma customers.

“We just want to branch out and we like Miami,” Lofland said. “We had a lot of customers here that have to drive over to pay, and now they can come here. So, this is where we wanted to be, and because of the local agents I have. ”

The Miami location will office local agents and the agency is well staffed by the owner/producer Eric Lofland, producers Mike Wyrick, and Brandon Bekemeier and producer/CSR Lisa Brodrick and producer/office manager Autumn Warner.

“We offer free quotes, anytime somebody calls, home and auto we can usually quote right then, farms, commercial might take a day or so,” Lofland said. “Back when I started 17 years ago we had customers who never insurance shopped, but it’s definitely money driven now. So you definitely have to be competitive, and that’s why we’re happy to be independent because on the captive side if the price goes up we couldn’t shop it.”

Insurance companies are constantly changing and offering better rates and discounts making insurance reviews and shopping often worth the effort for cost savings, according to Lofland.

Lofland also recommends reviewing insurance policies regularly to ensure they are up to date for the policy owners needs such as flood, earthquake, contents or renter’s insurance needs with affordable rates.

“I just quoted a flood policy of a homeowner that flooded twice, and we just checked it, and it was $340 a year for flood insurance,” Lofland said. “That would have saved him a whole of money.”

Earthquake insurance is something most Oklahomans do not consider, but with more and more quakes occurring in the state, it is important for property owners to look into coverage.

“In Oklahoma, we had so many calls, but they cut it off and won’t let you buy it for 60 days after a major earthquake, and then by the time 60 days is up they forget about it,” Lofland said. “A lot of time if you’re with the same company for a long time and you haven’t shopped it, and that’s no fault of anybody, but those coverages can be insufficient, and you’re not adequately insured.”

Tristate offers home and auto packages, which generally saves the policyholder money up to 10 to 15 percent when combined.

Lofland, of Wyandotte, graduated from Oklahoma State University in 2001 and began his career in insurance in Seneca almost 17 years ago working for another agent until 2013. He then purchased the agency and continues to serve area customers.

“It’s a good business, loyal customers, and really good people and we’re a fairly large agency,” he said. “Business has been good here, and we’ve had several walk-ins.”

Tristate Insurance is open 9 a.m. to 5 p.m. Monday through Friday and closed from noon to 1 p.m. each of these days for lunch breaks.

For more information about Tristate Insurance and the services offered contact 918-533-9222.

Melinda Stotts is the associate editor of the Miami News-Record. She can be emailed at mstotts@miaminewsrecord.com or followed on Twitter @MelindaStotts1.