Homeowners Insurance consists of Dwelling Coverage (Home), Other Structures, Personal Property (Contents), Loss of Use and Personal Liability Coverage.
To answer the question, the Dwelling Coverage should be sufficient to rebuild the home from the ground up following a covered total loss; this would be a total reconstruction estimate to rebuild the home.
Most insurance carriers have a method of calculating the replacement cost of a dwelling based on the characteristics input when you request the initial quotation; in most cases, this is a safe number to properly insure the home.
Regarding Personal Liability Insurance, it is a good idea to purchase the maximum limit available since this coverage is very inexpensive and is not subject to any deductible. Most carriers offer a maximum limit of $500,000 for Personal Liability.
If in the process of purchasing the necessary coverage, the consumer is attempting to generate a lower premium charge, it would be a good idea to accept a high deductible which will prove to offer a much lower premium with relatively low risk to the insured.
There is a system available to obtain a quote and buy home insurance online in multiple States. An exemplary online experience for all with the ability to select different options and adjust your home insurance quote as necessary. http://bit.ly/1954BTO
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To answer the question, the Dwelling Coverage should be sufficient to rebuild the home from the ground up following a covered total loss; this would be a total reconstruction estimate to rebuild the home.
Most insurance carriers have a method of calculating the replacement cost of a dwelling based on the characteristics input when you request the initial quotation; in most cases, this is a safe number to properly insure the home.
Regarding Personal Liability Insurance, it is a good idea to purchase the maximum limit available since this coverage is very inexpensive and is not subject to any deductible. Most carriers offer a maximum limit of $500,000 for Personal Liability.
If in the process of purchasing the necessary coverage, the consumer is attempting to generate a lower premium charge, it would be a good idea to accept a high deductible which will prove to offer a much lower premium with relatively low risk to the insured.
There is a system available to obtain a quote and buy home insurance online in multiple States. An exemplary online experience for all with the ability to select different options and adjust your home insurance quote as necessary. http://bit.ly/1954BTO