How much homeowners insurance you need will depend on the value of your house and possessions. The amount you purchase should cover the costs of replacing your home, plus the cost of rebuilding it in the area. An agent can recommend a price based on your home and personal possessions. Make sure to consult with an agent about the best policy for your needs. When purchasing homeowners insurance, there are many things to consider.
You can get up to $1,000,000 for your home if you have a fire. This amount is based on the replacement cost of your house. You can buy additional coverage for an additional cost if you require more. Based on your specific property, your insurer will determine what coverage you need. You should also consider purchasing insurance for unattached buildings such as sheds and garages.
The homeowner's policy covers your home and property in many situations. It protects against fire, water damage and windstorm damage. It also covers legal liabilities.