Almost on a daily basis people talk about how they are refinancing their home. At this time they usually say that they had their home inspected and for example they say the resale value is 300K. But for homeowners Insurance the resale value has nothing to do with replacement value of your home. Replacement value is the cost to rebuilt your home. Its very important to have your agent do a costimator and review it with you to make sure you are insured properly. Being under insured may cost you a lot of money and aggravation. Review your policy and understand what you have for coverages. Its a wise decision.

Samana from The Paradiso Insurance Team