Would your insurance cover the costs to repair or replace your home and your belongings? If you’re just starting out or you are a mature homeowner on a strict budget, lower coverage amounts may be enough. But most people need higher limits to fully cover their homes and everything in them.

How much coverage is enough?

Make sure you have the coverage you need.

• Do you feel the limit is adequate? Artwork, antiques, hobby/sports equipment, etc., quickly add to the value of your home’s contents.
  
  
• Think replacement cost vs. actual cash value. Consider the cost of replacing belongings with new, comparable items rather than estimating the current value of your used goods.
  
  
• Count everything. Remember to include all the unseen items housed in closets and drawers, the basement, garage and tool shed. They add up quickly. If it helps, take photos to remember what is stored and keep them handy.
  
  
• Make an accurate list. Use the tools available on our website to help you determine your needs, or check out the Insurance Information Institute’s online home inventory tool at knowyourstuff.org.

We can help make sure you and your family have the right coverage. Contact us today for a free insurance needs analysis or to find out more about Home insurance from The Co-operators