Policy Limit

At PSIC, we understand that every policyholder has unique needs. That’s why we customize each policy to fit your specific requirements. You’ll find all the details of your policy limits, including coverage amounts and any applicable deductibles, in your policy document and the associated declaration page.

When setting up your policy, we consider various factors to determine appropriate coverage limits. For example, the declared value of your home will help us determine the dwelling coverage limit. You can choose to increase this limit to ensure that your home is fully protected in case of a loss. Similarly, we’ll establish an initial coverage limit for your personal belongings, which you can customize to match your specific needs.

We also offer various options for liability and medical expense coverage. You can choose the coverage limits that best suit your needs, whether you require basic protection or more comprehensive coverage.

It’s important to note that our policies may have aggregate limits or per-occurrence ones. Aggregate limits apply to the total amount of coverage available over a specific period, while per-occurrence limits apply to each individual claim.

To ensure that you have a clear understanding of your policy limits and coverage, we recommend carefully reviewing that document. If you have any questions or concerns, please don’t hesitate to contact your agent. They can provide you with additional information and help you make informed decisions about your insurance coverage.