Understanding Insurance
Are you confused by the different insurance products that are associated with home ownership and obtaining a mortgage? Let us help you to understand the different products available!
Homeowners Insurance
Homeowners insurance provides financial coverage in the event of a covered loss to an insured's home, other structures or contents. In addition, homeowners insurance provides personal liability coverage for third-party claims.
Disaster Insurance
Disaster mortgage protection insurance pays the insured's monthly mortgage payments in the event a disaster such as fire, flood, earthquake, hurricane or tornado were to strike and cause the insured's home to become unlivable.
For more information click here or call our toll-free insurance hotline at 1-877-452-5242, menu option 1.
This product may not be available in all states.
Mortgage Life Insurance & Mortgage Accidental Death Insurance
Mortgage life insurance is credit life insurance that pays off the mortgage obligation in the event the insured dies before the debt is paid, enabling the surviving family members to retain their home.
Mortgage accidental death insurance can help pay off your mortgage (up to the maximum) if your death is the result of a covered accident.
For more information click here or call our toll-free insurance hotline at 1-877-452-5242, menu option 4.
This product may not be available in all states. All Insurance Solutions
PNC Financial Services Group Inc. offers a wide variety of insurance solutions. Click here to open a second browser window to find the insurance solution that best meets your needs. When done, close the second browser window to return here.
Health & Accident Insurance
Membership Services
Identity Protect
Discount Healthcare Services Private Mortgage Insurance
Insurance written by a private company protecting the mortgage lender against financial loss occasioned by a borrower defaulting on the mortgage.
FHA Mortgage Insurance
An undertaking by FHA to insure the lender against loss arising from a default by the borrower.
VA Funding Fee
A fee based on a percentage of your loan amount. This fee is paid by the Veteran and/or third party, directly to the Veterans Administration, to guarantee a specified portion of the loan, should the borrower go into default.
Flood Insurance
Protection against flood loss through the 1973 Flood Disaster Protection Act.