Why does Keystone State Insurance Think Home Insurance is Important?
If you have a mortgage on your home, you are most likely required to carry homeowner’s insurance. However, even if you own your home, it’s a good idea to keep your coverage up to date. If you have questions regarding your options, contact your Keystone State Insurance agent in West Chester, PA.
Do You Need Homeowners Insurance?
If you own a home, it is wise to carry home insurance. Even if you don’t live in an area with frequent storms, vandalism, or other catastrophic events, you need to protect yourself against losing your most valuable asset. If you don’t have insurance, you will bear the full brunt of any damage that occurs to your home. To guard against financial ruin, get a homeowner’s insurance policy that will grant you financial protection against unforeseen events. Your Keystone State Insurance agent in West Chester, PA can help you understand this better.
Types of Homeowners Insurance
Homeowner’s insurance will vary from state to state and among different insurance companies. Homeowner’s insurance typically covers structural damage to your house and freestanding buildings, including garages and tool sheds. If your home is damaged by a covered event, the insurance helps you pay for the damage. If you cannot live in your home due to structural damage, your homeowner’s policy may cover temporary shelter for your family. It is important to understand the details of your policy before a disaster takes place.
Other coverage types available include:
- Personal property damage coverage pays to replace your belongings damaged in certain covered incidents, including fire or lightning.
- Bodily injury liability covers medical costs incurred by a guest who is hurt on your property.
- Property damage liability replaces the property of someone whose belongings are damaged in your home.
Call your Keystone State Insurance agent in West Chester, PA to discuss all your insurance needs, including homeowners insurance. You will rest easier knowing you have covered all your bases when it comes to protecting your home. Also, try our online rating tool for quotes on a home policy.