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Personal Finance (Not Investing) • Home Insurance Question

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How to determine if you have enough/or too much home insurance coverage? My insurance company just sent my renewal and the the Dwelling Protection Limit is $815000. My home would appraise for around 1,500,000. For reference, I live in an area where just the lot (dirt) would easily sell for $800,000. How do I find the correct value to insure the dwelling? Do I just assume the insurance company has my best interest in mind and is valuing everything correctly?

Any help would be appreciated.

Thank you in advance.

Statistics: Posted by Sooner7nc — Wed Aug 21, 2024 11:05 am — Replies 0 — Views 52



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