Mortgage Broker Company - A Mortgage And Homeowners Insurance 2

Make sure that you purchase enough homeowners insurance coverage to replace what you insured.  If you buy “Actual Cash Value” the policy is cheaper but you will only receive what the property value iis worth at the time due to depreciation.

Make sure you insure any extra valuables - jewelry, antiques, collections of any kind, etc.

Floods and earthquakes are not covered in standard policies.

FYI - If you continue to rent, do not assume your landlord has insurance on your personal propery.  Invest in a renters insurance plan.

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