COVERAGE OVERVIEW
YOUR HOME
The Dwelling coverage can protect
- your Primary Home, Rental Property, Seasonal Home, Home Under Renovation, or Vacant Home for Sale.
- Outbuildings such as a detached garage or shed
Coverage perils can be selected as
- Basic Form covers Fire, Lightning, Internal Explosion
- Basic + Extended Form also covers Explosion, Windstorm, Hail, Riot, Civil Commotion, Aircraft, Vehicles, Smoke,
- Optional Vandalism & Malicious Mischief coverage may be added (subject to qualification)
CLAIM SETTLEMENT OPTIONS
- Actual Cash Value
Depreciation for age, wear, tear
YOUR CONTENTS
Personal Property (furniture, clothing, appliances, electronics, and more)
Claim settlement is Actual Cash Value (depreciation for age, wear & tear).
PA FAIR Plan Dwelling Property policies DO NOT include Theft protection.
POLICY DEDUCTIBLE
The PA FAIR Plan assigns a $250 deductible to all residential policies.
LIABILITY
NOT AVAILABLE
Provides legal defense and a settlement
- to those you may injure, or
- for property you may damage.
These limits can become outdated.
You can have additional coverage with a stand-alone Excess Liability Policy.
- Do you have assets to protect?
o Real estate
o Savings & investments
MEDICAL PAYMENTS
NOT AVAILABLE
Offers assistance to visitors injured at your home, even when you are not negligent.
CRIME INSURANCE PROGRAM
The Insurance Placement Facility of PA also offers a Residential Crime Insurance Policy.
It includes Loss by Burglary or Robbery from the premises. It does not apply to losses from aircraft, motorized vehicles, trailer, boats, or from vacant properties. Certain types of property are limited, such as a $200 maximum for money. The policy has a $100 deductible per loss. Other conditions also apply.
Coverage limits range from $1,000 to $10,000. Here are sample annual premiums assuming a residence does not have a qualifying burglar alarm-
COVERAGE ANNUAL
LIMIT PREMIUM
$1,000 $50
$3,000 $62
$7,000 $104
$10,000 $136
REVIEW
We ask for the opportunity to review your needs when purchasing home insurance. We also provide a written review each year.
DISCLAIMER: This brochure is provided as a convenient summary. It is not an offer of coverage. Details, limitations and exclusions are found in the actual policies.