Home Insurance
Do you own a home in Pennsylvania? If you have been thinking about home insurance, you are on the right track. Homeowners insurance from Kyle Simmons Agency protects your home, you, and your loved ones when the unthinkable strikes.
Want to learn more about home insurance? Keep scrolling.
Is home insurance mandatory in Pennsylvania?
No law requires homeowners to invest in home insurance. However, if a mortgage secures your home, your lender may insist you purchase home insurance. But whether home insurance is required or not, all homeowners should have this coverage. And not just any insurance plan — you should have an adequate amount of home insurance to help you weather storms during rainy days.
Home insurance coverage options
Home insurance isn't offered as one comprehensive policy — it's divided into various coverages to help satisfy different needs. Here are common home insurance policies:
- Dwelling coverage: This policy covers your building's structure against perils like fire, vandalism, falling objects, and natural disasters. However, you should be aware of home insurance exclusions. Home insurance won't cover damage from floods, earthquakes, sewer backups, and intentional damage. Please read your policy document to learn what's covered and excluded from your home insurance.
- Contents coverage: This policy covers your personal stuff, including clothing, furniture, and electronics, against damage and loss from perils listed in your policy.
- Liability coverage: It's one of the most underrated policies in home insurance, yet it can save your finances when you least expect it. Liability coverage protects you, your loved ones, and pets when third parties accuse you of property damage and bodily injury.
- Loss of use: Like most things, your home is vulnerable to damage. Thankfully, you don't have to worry about where you and your loved ones will go when this happens. Home insurance pays for additional living expenses (like hotel food and accommodation) until your home is repaired.
Want to learn more about home insurance? Want affordable home insurance in Pennsylvania? If your answer is "yes" to any of these questions, don't hesitate to get in touch with Kyle Simmons Agency.
