When you’re buying a house, you’re in the process of acquiring what’s most likely the most expensive thing you will ever own in your life. So you need home insurance coverage, just like you need health insurance to cover your medical bills and auto insurance to cover your car repairs and liability. But you can’t just buy home insurance from any company, because some policies may be more suitable for you. Also, you need to do some things to maximize the benefits you receive. Here are some tips that should help: Determine the proper amount of coverage. The greater coverage you have, the more you’ll have to pay in premiums. However, your lender may insist that your policy should at least cover the amount of your mortgage. Make sure you account for inflation. Ten years ago, it may have cost you $200,000 to build your home, but now replacing it may cost $250,000. You have to check each time you renew your policy that the amount of the coverage is still ...
from 411HomeRepair.com http://www.411homerepair.com/diy/safety-security/10162-Top-Tips-to-Optimize-Your-Home-Insurance-Coverage.html
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