How much home insurance coverage do I need?
Your insurance should at least cover:
- The cost to rebuild your home (often different from its market value - Guaranteed Replacement Cost coverage is available to protect you if the cost to rebuild is underestimated)
- The cost to replace your personal property
- Protection against liability claims
Your Service Specialist can help you estimate how much coverage you need. They will also help you decide on the type of coverage you need and the deductible (the amount you are responsible for paying before a claim is paid).