PA Home Insurance 101
Believe it or not, but many Americans are not fully aware of the importance of home insurance. Instead of letting your PA home insurance agent do all the talking and choosing, it is time to check out these policies for yourself. After reading through this blog, you are sure to have better knowledge and understanding of your coverage options!
The physical structure of your home. Any damages or issues with the structure of your home will be covered under a typical coverage package.
Replacement costs. This will pay to replace your home, belongings and other materials if need be.
Personal possessions. All of your personal items and materials should have coverage, especially the expensive ones.
Additional living expense. If you cannot live in your home for a specific reason, this policy will make sure you are covered for a “temporary” place to live and other temporary expenses until you are able to move back home.
Personal liability. This is a general policy that will protect you and your family members against lawsuits due to injuries or accidents on your property involving an outsider.
Valuable articles. Whether you cover expensive jewelry or even a pricey television, this is extra coverage on top of your personal possession coverage.
Flood insurance. A flood insurance policy is not included in your typical PA home insurance coverage. It is crucial to look into this additional policy to make sure your possessions are covered and damage costs are taken care of if there were a flood in your area.
Earthquake insurance. Again, this is not covered by your typical home insurance policy. Any damages caused by an earthquake will NOT be covered if you do not look into this specific coverage.
Umbrella insurance. This policy can protect homeowners against lawsuits involving libel, slander, defamation of character, false arrest, detention, invasion of privacy and much more. It acts as a safety net for your personal liability coverage!
Animal liability. Any damages, injuries or accidents caused by your pets will be covered under animal liability.
Now that you are aware of the coverage options, it is time to choose a plan! Your home is most likely your greatest investment and it deserves reliable PA home insurance. If you are still unsure about what policies will suit your home, you can speak with one of our insurance experts here at Franklin Insurance Agency, Inc.
Happy home living!
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