Insuring your home according to its replacement cost can help make sure you have adequate protection if the worst-case scenario happens. Your home’s replacement cost is the estimated cost to rebuild it to a comparable standard and condition if it gets destroyed. Because costs fluctuate, it’s important to regularly review and update this number and adjust your home insurance accordingly. Here’s what…
Because owning a home without coverage is like boxing without gloves. Homeowners Insurance
There are few things in life worse than losing your home to fire or a natural disaster. Except, that is, discovering in the aftermath that you don’t have enough homeowners insurance coverage to rebuild the house back to the way it was before trouble struck. If you get guaranteed replacement cost coverage, that is unlikely to happen. Why? Because guaranteed replacement cost…
Buying a house is a big decision and can definitely change your life. You get the advantages of living in a place that’s all your own, but there are so many new responsibilities that fall on your plate: mowing the lawn, painting the house, taking care of that washing machine yourself when it starts spraying water, rather than calling a…
