Because most Pennsylvania mortgage lenders require property owners to carry homeowners insurance, many are not aware of the coverage they have, the premiums they are paying or in what circumstances coverage may not be included. This can put the homeowner at great risk.
Homeowners insurance is generally designed to cover your home's structure, contents, and outbuildings to cover you from financial loss in a liability claim. But not all homeowners’ policies are the same. Most policies, for example, do not include flood insurance. That coverage must be purchased separately. Some may include "loss of use" to cover homeowners living expenses in case their home is severely damaged or lost in a calamity. Homeowners’ policies will have varying limits which can become outdated through the years. If you live in Pennsylvania and haven't had a homeowner's insurance review in a few years, Canella Insurance Agency can help.
Our team of independent homeowners’ insurance agents will let you know what you are covered for and where coverage is lacking. We will let you know how much your home is insured for and how much you are paying for that coverage. As independent agents, we can even seek out quotes from other companies to ensure the rates you are paying are competitive. Getting a homeowners insurance review can be an enlightening experience and one that could save you money.
Don't wait until you have a claim to discover your homeowners insurance is not what you had thought it was. Getting peace of mind is easy when you contact the professionals at Canella Insurance Agency. If you would prefer, you can get an online comparative quote. Simply answer a few questions about your home and we will get to work.
Your mortgage company may require homeowners insurance on your property but it is up to you to make sure that coverage is adequate and up to date. Contact us at Canella Insurance today to learn more.