Home Insurance

Homeowners in Pennsylvania constantly face different challenges throughout the year. Hot summers bring thunderstorms and hail, and harsh winters mean ice dams, snow, and frozen pipes. Therefore, home insurance is a necessity for all homeowners in the Keystone State that helps protect the building itself, homeowners, and personal belongings. In order to help you choose the right policy and make an informed decision, JB Victor Financial Corporation has prepared the list of things you should know about this type of insurance:

• It is not mandatory to have home insurance in the Keystone State. However, if you have a mortgage, most likely mortgage lenders will require you to carry home insurance anyway.
• Home insurance has some limitations and does not cover everything. One of the things that are not covered by home insurance is mold. In some cases, it is possible to purchase endorsements that will cover the things that are not included in a standard home insurance policy.
• Flood damage (whether it is caused by a hurricane or torrential downpour) is not covered by home insurance. In order to insure your home, property, and personal belongings against flood damage, you have to purchase a separate insurance policy through a private insurance company or FEMA's National Flood Insurance Program.
• The cost of home insurance depends on how much it will cost to rebuild a house if it is severely damaged or destroyed.

If you are a lucky homeowner in the state of Pennsylvania, one of the first things you need to protect your dwelling, yourself, and belongings is home insurance. If you have never purchased this type of insurance before or you have any questions, experienced and knowledgeable agents from JB Victor Financial Corporation will be glad to assist you. Do not hesitate to visit our website or give us a call to find out about the insurance options available.