Home may be where the heart is, but it is also one of the largest investments you will ever make. Protecting it solidifies your financial situation. Risks are everywhere and knowing what you need to be protected from helps you to make sure you have the right coverage. At The Shay Agency in Wilkes-Barre, PA, we are an independent agency, and we believe it is our responsibility to represent our customer’s interests. We will be there for you if you ever need to file a claim, and we are here to discuss any questions you may have.
Do I need to have home insurance?
If you own your home outright, then no you don’t have to have home insurance, it is not mandated by law. If however, you have a mortgage; your lender will require that you have enough home insurance to protect their investment in your home.
What is the right deductible?
The right deductible is one you can easily pay and allows your home insurance to be affordable for you. The higher your deductible the lower your premium. Average deductibles range from as low as $500.
What discounts are available?
Talk to your agent about available discounts. If you get your home and auto insurance from the same carrier you may be eligible for a multi-policy discount. Having safety equipment installed in your home and being close to a fire station are also ways to qualify for a discount.
What things aren’t covered by home insurance?
Home insurance doesn’t cover everything. It excludes floods, sewer backup, earthquakes, mudslides, and sinkholes. Don’t expect your insurance to pay for termite or mold damage.
When you are in the market for home insurance The Shay Agency in Wilkes-Barre, PA is here to meet with you. Give us a call or visit our office for a free quote.