Get homeowners insurance quotes, cost & coverage fast. Home insurance protects your house, personal belongings and the cost of medical expenses for someone injured on your property.
PA Home Insurance
A significant portion of our lives are spent in and around our homes, be it owned or rented. For most of us it is the largest investment we ever make. We fill it with the belongings we amass during our lifetime. Any loss, therefore, is devastating, and so it is important that you protect it. The best way to do this is with Pennsylvania homeowners insurance.
In the event of a storm, fire or other disaster, your PA home insurance will provide you with financial protection. Pennsylvania homeowners insurance is purchased in a package policy. That means it covers both damage to your property and your liability or legal responsibility for any injuries for a visitor on your property, like slipping on a icy front walk or being bitten by your dog or other pet.
What Does Pennsylvania Homeowners Insurance Cover?
A Pennsylvania homeowners insurance policy has a few major parts including:
Dwelling - This covers the physical structure of your PA home, like the walls, floors and roof.
Other Structures - This can help protect the physical structure of buildings on your property that are separate from your home, such as a shed or a detached garage.
Personal Property - Personal property insures the belongings inside your home, w like furniture, computers, clothing and more. And if these belongings are stolen or damaged away from your home, personal property coverage could also kick in.
Personal Liability - Liability insurance can help pay the legal costs if someone makes a claim against you or sues you after being injured on your property. Think dog bites, slips etc.
Guest Medical Protection - This type of coverage can help cover the cost of medical expenses for a person who's injured on your property.
Loss of Use: If a fire or other insured loss damages your house, you might need somewhere else to stay. Loss of use can cover the increase in cost to live until you can move back in.
What Pennsylvania Homeowners Insurance Doesn't Cover
PA homeowners insurance typically does not cover:
- Intentional damage to property (like arson) or harm to another person (like punching your neighbor in the face because they won't turn down their music).
- Business activities or professional services offered in your place (you will need commercial insurance for those situations).
How Much Does Pennsylvania Homeowners Insurance Cost?
How much does Pennsylvania homeowners insurance cost? The average price of home insurance is usually affordable. The premiums vary depending on the company and their underwriting rules, and it depends on the coverages and deductible selected. Following are some of the main factors that go into the price of a policy:
- Location - The more dangerous your location in PA is, for both natural and human risks, the higher premiums you will pay as there is a higher probability for claims.
- Home Size - The more square footage your home is, the more the premium will be.
- Credit - The better credit you have, the lower your rates. Most insurers look at credit and weight it heavily.
- Deductible - The deductible is your out of pocket cost before your policy kick in. Lower deductible = higher premium, and higher deductible = lower premium.
- Your Belongings - The more of your things you insure the higher your premium will be.
- Security Precautions - Having a security system, or a deadbolt lock can lower your premiums.
- Claims History - If you have made claims in the last 5 years your homeowners insurance will cost more.
How Much Should I Insure My PA House For?
Insurance experts recommend that your home is insured for at least 100% of its Replacement Cost.Market Value vs. Replacement Cost
When it comes to home insurance, you need to make an important distinction: Market value is the amount you could sell your home for, including the land, regardless of how much it would cost to rebuild the home. It is depending on the real estate and other markets that are not tied to the actual physical value of your house.
Replacement cost is the cost to rebuild your entire home. It is tied to labor and materials. Replacement cost is not:
- The market value of the home.
- The purchase price or the land cost.
- The outstanding balance on a mortgage loan.
Ways To Lower Pennsylvania Homeowners Insurance Premiums
- Install a smoke detector that is UL-approved on every floor of your home. Make sure that the batteries are working properly, so replace them on a regular basis. Try scheduling battery changes on your birthday so that you don’t forget this important task.
- Have a UL-approved fire extinguisher nearby in case of grease fires in the kitchen. Regularly check that its fully charged. A carbon monoxide detector is also a good investment for homeowners.
- Secure access doors with dead-bolt locks. At the same time, install a motion-detector alarm. This will guard against any trespasser with criminal intent.
- You get huge savings on your Pennsylvania home insurance if you install a central burglar and fire alarm.
- To guard against chimney fires, have your chimney, fireplace, and flues cleaned regularly as the damage from this sort of accident can be horrible and messy.
- If your keys are stolen, change your locks immediately. You don't want to make life easier for a burglar by being careless.
- Virtually every home insurance policy excludes damage from groundwater and flooding. Guard against this by buying a sump-pump system.
- To prevent damage in case of hurricane or tornado, trim your trees regularly. You should also keep your walkways safe and clear of any obstacles that can cause accidents.
- While a home with a swimming pool is attractive, you have to take some steps to prevent accidents. For one, don't install a diving board. Many of the accidents happen here. Surround the pool with an approved fence, and install a locking pool cover for good measure. Pools are considered an attractive nuisance, and kids are strongly attracted to them.
- Instead of buying your own trampoline, just enroll in a health club with access to trampoline. You and your children would better enjoy this activity and avoid injuries at the same time.
While the tips above sound simple enough, they help reduce the possibility of an accident. Nonetheless, accidents happen and Pennsylvania home insurance can help you get through a financial loss brought about by storms, theft, fire or even vandalism.
PA Home Insurance Quotes
Request a Pennsylvania Homeowners Insurance quote in Allentown, Allison Park, Altoona, Baldwin, Bensalem, Bethel Park, Bethlehem, Bloomsburg, Carlisle, Chambersburg, Chester, Drexel Hill, Easton, Erie, Fullerton, Greensburg, Hanover, Harrisburg, Hazleton, Hermitage, Hershey, Horsham, Indiana, Johnstown, King of Prussia, Lancaster, Lansdale, Lebanon, Levittown, McKeesport, Monroeville, Murrysville, New Castle, Norristown, Philadelphia, Phoenixville, Pittsburgh, Pottstown, Pottsville, Reading, Scranton, State College, Upper Darby, West Chester, West Mifflin, Wilkes-Barre, Wilkinsburg, Williamsport, Willow Grove, York and all other cities in PA.
If you are looking for state specific Homeowners insurance quotes, costs and information: California Homeowners Insurance, Delaware Homeowners Insurance, Kentucky Homeowners Insurance, New Jersey Homeowners Insurance, New York Homeowners Insurance, Pennsylvania Homeowners Insurance, Texas Homeowners Insurance.