Insurance FAQs

There are many questions and concerns when it comes to insurance policies. Our goal at The Philadelphia Contributionship is to help our policyholders understand the policy terms, types of endorsements and important policy need-to-know information.

2021

Spotlight On: Renters Insurance

October 23, 2021

You may be asking - What Does a Renters Insurance Policy Cover? If you aren't a homeowner, you may wonder if you really need insurance. Many people assume that their landlord's insurance policy covers their belongings, even though it only covers the building. You'll actually replace your belongings yourself in case of fire, damage, or theft. Discover how helpful a renters insurance policy can be.

Read More

Spotlight On: Underwriting

August 5, 2021

In insurance, an underwriter evaluates and decides how much coverage a policyholder should receive, while evaluating risk (how likely they are to make a claim) and determining whether to insure the policyholder. Sometimes, the mind of an underwriter can seem like a mysterious place. But don’t worry! We asked one of our most senior underwriters some questions you might have asked yourself before.

Read More

Flood: The More You Know, the Better

July 22, 2021

Another week has past and all over the world we are seeing an increase in Rain, storms and most importantly - flooding. Now is the time you should be questioning "Do I need to buy flood insurance?" Many homeowners struggle with this question. Others may know they have to buy this specialty policy but aren't sure what it will cover and how to ensure they have the right levels of coverage. No matter which category you find yourself in, discover a few answers to important questions you may have.

Read More

2018