Hope for the best (and be prepared for the worst).
A homeowners policy provides the policyholder with both property
and liability coverage. Included in the property section is
coverage for damage to your dwelling, personal property or other
structures on your property that are sustained from covered causes
of loss such as fire, theft or vandalism. The liability section
provides coverage for claims brought against you for bodily injury
or property damage you cause to others for which you are legally
liable. Additional coverage can be purchased for valuables or
collectibles, including antiques and jewelry.
If you rent your home or apartment, your landlord is
responsible for insuring the building, but your personal property
is your responsibility. Renters insurance protects you from loss in
case of fire, theft or other perils.
If you own a condominium, your condo association may pay
for insurance on the building, but you will need to purchase
condominium insurance to protect your personal property and any
improvements that you make to your unit.
If your home is in an area covered by the National Flood
Insurance Program -- that is, an area that the government has
determined is prone to flooding -- we can help you purchase the
flood insurance coverage you need.
Insurance products are offered through Univest Insurance, Inc.
and are obligations of the issuing insurance companies, are not
obligations or deposits of or guaranteed by any bank and are not
insured by the FDIC or any other agency of the United States.
Insurance products are not a condition to any bank loan, product or
service. Univest Insurance, Inc. is a licensed subsidiary of
Univest Corporation of Pennsylvania.