When it comes to choosing a new policy for Homeowners Insurance In Lancaster PA, there are a few considerations to keep in mind. Some parts of the homeowners policy is required by Pennsylvania law while others are just optional. For the most part, each of these considerations are based on geography. In other words, the location of the home makes a big difference in what is required of the homeowners insurance policy.
Flood Insurance
One part of the insurance policy to consider is the flood insurance. If a home is in a high risk flood area, then the homeowner will be required to carry flood insurance. One thing to keep in mind is that a regular insurance policy does not protect against water damage. Only a flood insurance policy will protect the homeowner against water damage. To know if flood insurance will be required or not a person just needs to check the flood map for the state of Pennsylvania.
Personal Property
Another part of the policy for Homeowners Insurance In Lancaster PA is what is called personal property. Now this is not required, but most people prefer to have at least some coverage in this area. This protects the homeowner from any damage to any item that they own in the home. It can cover some common items like jewelry, silverware, clothing, furniture, or any other property. It also protects the homeowner against theft.
Personal Injury
A third part of the homeowners policy, which is often overlooked, is the personal injury part. This part of the policy protects the homeowner in the event that an injury happens to a person who is on the property. An example might be if a tree fell and injured another person in the process. If that person filed a lawsuit against the homeowner, the homeowners insurance policy would offer protection.
These are just a few of the other parts of a homeowners insurance policy that is in addition to the standard insurance policy. The amount of coverage can be easily adjusted to suit any person’s needs. Each of these adjustments will have an effect on the overall monthly costs and premium that is due for the home. Some parts are required by law while others are optional. Insurance companies will be happy to provide a list of all of the requirements.
The Unruh Insurance Agency is a provider of homeowners insurance for Lancaster PA. The company serves the insurance needs for nearly 10,000 individuals, families, and businesses.
