Building a proper home policy to protect your home can be very complicated and confusing. Just because your current Home insurance declaration page shows coverages does NOT mean you are covered for what you really need protection for.
First I would run a replacement estimator that we use to make sure we are insuring your home at today’s cost of rebuilding a home for materials and labor. Then we look at making sure we are writing your home with Replacement cost options. After that coverage for your personal belongings is automatically adjusted and home insurance liability to cover lawsuits brought against you if someone where to sue you if injured by you (on and off your property). This is where home insurance can be crucial in finding the hidden underlying coverages that could be extremely important to you and if you don’t have some of these coverages you may financially not recover or be able to fix the damages.
Key coverages to add to your home insurance: