Insuring a home for its real estate value instead of for the cost of rebuilding is false logic. With home prices still down in many parts of the country, you might think it makes sense to reduce the amount of insurance on your home, too. But insurance is designed to cover the cost of rebuilding your home Make sure you have enough coverage to completely rebuild your home and replace all your belongings in the event of a disaster.
DO: Raise your deductible. An increase from $500 to $1,000 could save up to 25 percent on your annual premium.
Feel free to contact our agency for an evaluation of all of your insurance needs.