For many people, their home is the biggest investment they will ever make. Homeowners insurance is an important part of protecting that investment. If something catastrophic were to happen to your home, you’d likely look to your insurance company to help you rebuild. However, if you don’t have your home properly insured, you might be left making up the difference.
Unfortunately, according to CoreLogic's Residential Cost Handbook nearly 64% of homeowners do not have enough insurance, and in some cases is up to 60% underinsured.
To help you before it is too late, we want to share some common mistakes we have seen when valuing a home’s replacement cost:
Work with an insurance professional to be sure you are adequately covered. Get Acuity’s Guaranteed Replacement cost coverage today!