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As you and your family spend more time in your home, you may have purchased additional items such as a TV, jewelry, or clothing. The COCLT recommends speaking with your homeowner insurance representative once a year to make sure you have adequate Insurance coverage for your home and personal belongings.
Property Value Increases.
Additionally, with the continued increase in property values, you want to be sure you have enough dwelling coverage in case of loss or damage to your home or other items. If you have made improvements since you purchased your home, such as a fence, shed, or patio area, be sure to inform your insurance company. This will safeguard your home from any uncovered insurance claims.
What is Dwelling Coverage?
Dwelling coverage is the cost to re-build your home's structure. It does not cover the contents of your home. It is suggested that you talk with your homeowner insurance company to see if you have enough coverage to re-build your home at today's prices.
Check out this LINK to find out more about insurance and dwelling coverage.
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