Personal Insurance

Four Things to Consider When Buying Homeowners Insurance

homeowners insurance

You buy homeowners insurance to protect one of your biggest assets, so it’s important to purchase enough coverage to suit your needs. By looking at a few key factors, you could end up saving yourself a lot of money and heartache should you ever have to make a major homeowners insurance claim. Be smart and ask yourself the following four questions when considering how much coverage to purchase.

  1. How much will it cost to rebuild?
  2. How much will it cost to replace my personal possessions?
  3. Will I have any additional living expenses as a result of an insured disaster that damages my home?
  4. How much coverage do I have in the event I am named in a lawsuit for bodily injury or property damage caused to others?

For more information on this topic, check out the following articles:

Home Replacement Cost

Homeowners Insurance: Extended and Guaranteed Replacement Coverage

Saving Money on Your Insurance the Right Way

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