Home Insurance in Pennsylvania
Is Home Insurance Required in Pennsylvania?
The state doesn’t require that you have home insurance. However, your mortgage lender may require that you purchase it. Even if you aren’t required to have home insurance there are a number of benefits to having it. The number one being protecting one of your largest investments.
Coverage Options in Pennsylvania
There are different coverages in your home insurance policy. Always check your specific policy to make sure you have the coverage you need. Here are some of the home insurance coverages:
- Dwelling Coverage: This protects the structure of the home such as the walls and roof. Choosing the right amount of coverage can help ensure that you are able to rebuild your home in case of a total loss.
- Other Structures: This coverage protects any other structures on the property that is separate from your home. Examples would be a shed or detached garage.
- Personal Property Coverage: This protects the belongings inside your home such as your clothes and furniture. Even if they are damaged or stolen outside your home. This coverage can be offered at full replacement cost which allows for reimbursement of an item at today’s current costs instead of taking into account depreciation.
- Liability Protection: This protects you if someone sues you over accidentally damaging their property or they get injured at your home.
- Guest Medical Protection: If a guest is injured at your home this coverage pays for medical expenses.
- Additional Living Costs: This coverage provides extra living costs if you aren’t able to live in your home after a covered loss.
- Optional Coverage: You may be able to get optional coverages such as equipment breakdown coverage. This would pay for the cost of electrical or mechanical breakdowns for systems inside the home. You can also purchase additional insurance for valuables since there will be a cap on coverage for items like jewelry.
Talk to Us
If you live near Pittsburgh, PA or in any of the states listed below and in need of an insurance policy we invite you to give us a call. Whether you're requesting a quote to compare or have general insurance questions we're here to help.
