If the you have lived in your home over ten years, and the coverage level in your homeowner's insurance policy have not changed during that time, you may be underinsured.
Think about all the upgrades you've made to your home (floors, kitchen, bathrooms, etc.). Well the Coverage A (Dwelling) amount in your homeowner's policy doesn't take those upgrades into consideration. That amount also doesn't take into consideration the cost to rebuild your home in today's dollars (unless your policy has an endorsement for inflation).
Construction costs increase over time, and the cost to rebuild your home with similar materials and workmanship could be higher than the amount that you could currently sell your home for.
For a free no obligation review of your current policy and the replacement value of your home, call us.
EMERGE INSURANCE AGENCY
Cecil Williams -
Emerge Insurance Agency
5991 Chester Avenue, Suite 103
Jacksonville, FL 32217