Living in Altoona, PA, can feel like a dream come true, with its natural beauty and the comfort of a home you love. However, hidden insurance gaps often lurk within the fine print of your home insurance policy, leaving your property insufficiently covered. At H. Dean Allison Insurance, we’re here to ensure you don’t miss anything when it comes to protecting your home.

What Your Home Insurance Covers

Home insurance typically covers the basics: your property, personal belongings, and liability. It also provides coverage for living expenses if your home becomes uninhabitable during repairs.

While this sounds comprehensive, there are often gaps in coverage that only become apparent when you read the fine print—or worse, when you file a claim.

The Gaps That May Exist

Many Pennsylvania homeowners are unaware of the exclusions and gaps in their policies until they need to file a claim. Common gaps include:

• Exclusions: Certain scenarios, such as a slow pipe leak that goes unnoticed for months, may require add-on coverage.
• Valuable Items: Expensive artwork, classic cars, or other high-value items may not be fully covered under a standard policy.

Insurance agents are trained to identify these gaps and can help ensure your policy provides the coverage you need.

Work with a Professional Agent

You’ve worked hard to enjoy the home you own in Altoona, PA. Just as you wouldn’t cut corners when building or maintaining your home, you shouldn’t take shortcuts with your insurance coverage.

The cheapest premiums aren’t always the best option. At H. Dean Allison Insurance, we’re committed to helping you find the right policy and eliminating any insurance gaps. Contact us today to start reviewing your existing policy and ensure your home is fully protected.

In recent years, the separation between work and home has blurred as many people work from home full—or part-time and run various home-based businesses. These changes can affect who enters the home, what they do there, and the assets kept at home, all of which have implications for home insurance coverage. If you live in the West Altoona, PA, area, consider the H. Dean Allison Insurance team to create your home and business insurance plan.

Work-from-Home and Insurance

There are many types of home-based businesses. However, almost everyone needs office electronics, furniture, and many store tools, supplies, or inventory. The value of these materials tends to grow with your business, making protecting those assets increasingly important.

The purpose of home insurance is the protection of personal assets rather than business assets. Most home policies provide $2,500 in business asset coverage, so if your business assets exceed $2,500, you need commercial insurance to safeguard those assets.

Small home businesses can use a business property endorsement, which often doubles the business asset coverage to $5,000. Those with more business assets and those needing professional, business liability, or other commercial insurance must take additional steps.

One option, in-home business insurance, can include property, liability, and other commercial insurance elements suitable for companies with less than $250,000 in revenue.

A Business Owner’s Policy (BOP) is valuable for businesses with $250,000 or more in revenue. It packages sophisticated commercial insurance elements and can include Workers’ Compensation and liability coverage.

Working with H. Dean Allison Insurance

The H. Dean Allison Insurance team serves homeowners and businesses in the Altoona, PA area. We can help create a home, business, or combined insurance plan that meets your needs. Call (814) 941-0675 today to schedule an appointment or stop by the office.