When it comes to your homeowner’s insurance in Reading, Sinking Spring, Wyomissing, Myerstown, Wernersville, PA, and the surrounding areas, have you done your homework on coverage topics? There are many different aspects to homeowners’ insurance that you need to keep in mind, and working with Stubbs Insurance Associates will help to ensure that you are properly covered. These 8 coverages include:
- The right coverage amount: Perhaps one of the most important aspects when it comes to home insurance coverage is to understand that you aren’t buying a home, you are rebuilding a home. As such, you need to ensure that you have the right coverage level to cover this replacement of your home, including the contents inside of your home.
- Guaranteed replacement cost: An important term to understand is guaranteed replacement cost when it comes to the items in your home and the home itself. This means that you will have the cost of the item covered no matter what the cost is to replace it.
- Enough liability coverage: You will also want to ensure that you have enough liability coverage. Lawsuits happen all of the time, and you don’t want to get caught with not enough liability coverage because the rest comes out of your pocket.
- Additional living expenses: If your home is wiped out, you need to make sure that your homeowners insurance provides for additional living expenses to help cover temporary housing, meals, and more.
- Endorsements that let you customize coverage: You should also understand the different endorsements that you can have with your homeowner’s insurance to help protect the unusual and valuable items you have, such as heirloom jewelry.
- Affordable deductible: You need to strike a balance between good coverage and affordability and understand how your deductible plays a role in that balance.
- Backing of a financially sound company: You also want to make sure that your insurance company is financially sound and not playing fast and loose with funds.
- Knowledgeable local insurance agent: Who you have as an insurance agent can really make a difference in how things get taken care of. Our team represents many different insurance companies and can help answer your questions and make sure you get the most out of your homeowners’ insurance.
These eight homeowners’ insurance coverage considerations will help you to be sure that you have the right coverage levels and that you won’t be caught off guard when the worst happens in Reading, Sinking Spring, Wyomissing, Myerstown, Wernersville, PA, and the surrounding areas. Contact our team at Stubbs Insurance Associates today to start the review
