Page 36 - State College

Keller Williams Advantage Realty
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Why Is It Important To Have
Home Insurance?
Your home is one of your most valuable possessions. It contains all your belongings, memories, and comforts. It makes sense then, that ensuring it is fully secure is one of the most important things you can do. However, we know that despite the best security protection measures that we put in place, there is still the risk of theft, damage and natural disasters occurring that we can never fully eliminate. These things can impact our lives and destroy our homes in more ways than one. To protect your home should any of these issues occur, you’ll need home insurance.
If you are looking to obtain a mortgage or are re-mortgaging, providers might insist that you at least take out building coverage as a condition of lending to you. This is because they are at risk too, as their money is secured against the property. Home insurance is an investment that you take on to protect your home and family comforts. Home insurance offers you a certain amount of coverage, which you can use to rebuild your home should a disaster occur.
All insurance policies are different, and you should always carefully check the fine print to make sure you know what you have covered, but in general:
• Look for a policy that will cover you for fire, wind, hail, explosion, smoke damage, and damage that has been caused by criminal activity such as vandalism.
• Building insurance will cover the structure of a property including floors, painted walls, fixtures, and fittings, which are things such as radiators, baths, and shower heads.
• Contents insurance can cover are all items within your home: laptops, electrical items, furniture, jewelry, pictures, and so on. Some policies will also cover bicycles and mobile phones.
• Contents insurance can also cover fire and burglary. It can also cover accidental damage and theft of items when you are away from your home. It will either pay for a replacement of your items or the market value of your item depending on the type of policy you choose to purchase.
Like many things insuring your home can be confusing at times, having an expert to guide you through this process is strongly recommended. Frost and Conn Insurance has been servicing Centre County for nearly 100 years and our knowledgeable professionals can help you make the process effortless and provide you with a policy and coverage that fits your needs!