Home Insurance Across Pennsylvania

Insurance for Homeowners in Erie, Newville, Carlisle, Shippensburg, Mt. Holly Springs, Gettysburg, PA and Surrounding Areas

Accidents in or around your home can be devastating, shaking your family’s sense of safety and throwing your budget into concern with expensive repairs or replacements. Rebuilding after a disaster can be difficult, but a comprehensive home insurance policy can make it easier. With a good home insurance policy, you can rest easy knowing that you and your family are covered in the event of a disaster.

As a homegrown family business, Kingsley Blasco Insurance Inc. understands just how important home is. Our locally owned agency provides excellent customer service and dedicated care to individuals and families throughout Pennsylvania. We will help you tailor a home insurance policy fit for your needs at a price you can appreciate.

What Does Home Insurance Cover?

A basic home insurance policy may include:

• Dwelling Coverage: This coverage provides compensation if the physical structure of your home is damaged due to fire, wind, hail, lightning, smoke, explosions or vandalism.
• Personal Belongings Coverage: This coverage provides compensation if your personal items are lost or damaged due to fire, smoke, theft or vandalism.
• Liability: This insurance option covers bodily injury and property damage that may occur on your home’s property. For example, if someone trips and falls in your home, this insurance can help with the victim’s medical bills. It can also cover you in case of a lawsuit.
• Additional Living Expenses: This coverage can help with the cost of temporarily moving if your home is rendered uninhabitable by a disaster.

What is Replacement Cost Value for Home Insurance?

The term total replacement cost value may refer to two areas of your home insurance policy: dwelling and personal belongings. In dwelling, your home’s total replacement cost value refers to how much it would cost to completely rebuild your home after a disaster, including material and building costs. It is generally recommended that you carry enough home insurance to cover your home’s total replacement cost value. Carrying less than 80% of this value can leave gaps in your coverage.

In personal belongings coverage, this term refers to how you can receive compensation for your lost or damaged belongings. There are generally two options: actual cash value and replacement cost value. An actual cash value policy accounts for depreciation, meaning that as the value of your belongings goes down, so does the amount you can receive in compensation.

A replacement cost value policy compensates you for your losses without accounting for depreciation. Instead, this type of policy allows you to replace your belongings with those of similar or identical value.

Protect Your Home

Don’t wait until disaster strikes to protect your home. Call Kingsley Blasco Insurance Inc. at (888) 404-7679 or fill out an online quote form to get started today.

Common Home Insurance Questions

How Much Home Insurance Do I Need?

Everyone’s home insurance needs are different. In general, you should carry enough home insurance to cover the total replacement cost value of your home. Be sure to speak with an insurance agent about your home insurance risks and needs.

How Does Home Insurance Work?

Homeowners may purchase a home insurance policy through monthly or annual premiums. In return, they can file a claim while the policy is active to receive compensation for certain damages. This allows you to share some of the financial burden of an accident without having to bear it all yourself.

When Do You Need Home Insurance?

While home insurance isn’t generally required by state or federal law, many banks will require you to carry insurance until your home’s mortgage is paid off. Even without the requirement, you should invest in a reliable home insurance policy before moving into a new home so that you are covered before you’ve even walked through the door.

Why is Home Insurance Important?

Not many people have the resources to rebuild their home or replace their belongings out of pocket after an accident. Home insurance allows you to recover quicker after an accident without sending you into heavy financial debt by paying for damages and repairs you otherwise wouldn’t be able to.