How do you know how much to insure your home for??

We have found that a common insurance mistake is underinsuring your home! And you can avoid it!

We are all concerned with saving money, but simply reducing your coverage can leave you in a dangerous situation in the event of a disaster.

When insuring your home it is important to think about the cost of rebuilding rather than the real estate value of your home. Homeowner's insurance is designed to cover the cost of rebuilding, not the sale price of your home. You should make sure that you have enough coverage to completely rebuild your home and replace your belongings in the event of a disaster.

Something else to consider instead of limiting coverage is to increase your deductible amount on a higher limit policy. Your premium will be less and your coverage will be more.