Determining Coverage for Homeowners Insurance
Your home may be the biggest investment you will every make. To make sure that investment is protected, your home should be insured for the cost to rebuild it. To determine the appropriate amount of homeowner’s insurance coverage you require, request a replacement cost estimate from your insurance agency. Once the replacement cost is calculated, the dwelling coverage is determined. From that point, we can tailor a homeowner’s insurance policy with features that meet your unique circumstances to protect the investment in your home.

Market Value vs. Replacement Cost
Market Value is the amount a buyer could pay for a home, including the land, regardless of the cost to repair or replace the home. For the purpose of home insurance, replacement cost is the building cost necessary to repair or replace the entire home. Replacement cost, in most cases, will be greater than the market value of a home. As your home ages, the difference between replacement cost and market value grows.