How Much Homeowners Insurance Do You Need?
The structure of your home
Your personal belongings
Additional living expenses if your home is damaged
Your liability to others
Coverage for the Structure of Your Home
Your policy should cover the cost to rebuild your home at current construction prices.
The original purchase price
The land value
The market value of your home
Additional Coverage Options
Not Covered by Standard Policies:
Flood Damage – Available through NFIP & private insurers.
Earthquake Damage – Requires a separate policy.
Routine Maintenance Damage – Not covered under any policy.