If you’ve remodeled your house or made other changes, contact your insurance company because the value of your property has probably increased.
Review your homeowners policy for replacement value coverage, not just current market value. In addition, check to make sure you have adequate coverage for items in your home. You might need to update your coverage if you’ve made some purchases (new carpet or flooring, kitchen appliances, etc). And don’t forget about any antiques or high-priced items such as jewelry.
Call your insurance company to speak with an agent about updating your homeowners policy. For more information, contact E. R. Munro and Company at 877-376-8676.
