When was the last time you had your home insurance reviewed? With today’s changing real estate market, you should have your home insurance reviewed at least once a year. Do you wonder what amount of insurance should you insure your home for? Your home should not be insured for the market value, or the remaining balance on your mortgage, your home should be insured for the “Replacement Cost.” The Replacement Cost is the amount it would take to rebuild your home in the event of a total loss. This is usually $125 to $150 per square foot. Also, do you have your home with one company and your vehicle with another? If so, you are missing out on valuable multi-line discounts with regards to your insurance. If you want to save money on your insurance, you definitely want to take advantage of the multi-line discounts that a company offers. If you are interested in more information please check out my profile.
1 reader
liked this story.
more from Darlene Long-shorts
This is Darlene Long-shorts's first story.
If you enjoyed it, please
leave a comment.
Comments
I must admit I haven't thought about insurance since I bought my house. Perhaps I need to re-evaluate. Thanks for the advice!
Tell us a Story.
You know you've got something to share. Maybe it's something funny, touching, inspirational or informative. Whatever it is, your circle of friends here at DivineCaroline would love to hear from you.
Other topics you might appreciate
Play
Style
Home & Food
Neighborhood & World
Parenting
