As a first time homebuyer, you have a lot on your mind. You are probably working on a few home improvement projects, perhaps landscaping the yard, maybe even purchasing new furniture. Ensure that you don’t look over what is most important and what is going to protect everything financially. Homeowners insurance in PA is essential when you own a home, but there are different types of coverage that you may not fully understand. The following will outline some of the various types of coverage you might put into your policy.
Personal Property Coverage
Many insurance agencies will recommend that your personal property coverage includes all risks including jewelry and other expensive collectible items that run the risk of theft.
Depending on the amount of assets that you own, your insurance agent will help you to determine the amount of coverage you need for personal liability. This covers costs that may arise if someone is injured on your property or otherwise involved in some type of accident on the property.
In addition to the typical coverage of personal property and liability, many homeowners will need special coverage for pools, fences, and other similar items. These specialty items are sometimes covered in the standard policy, but additional coverage might be a smart idea.
Contact your insurance agent to learn more about the various types of homeowners insurance in PA and get started today.