Calculating a True Need for Homeowners Insurance

Purchasing homeowners insurance can be a bit of a tricky thing. The question of how much coverage do you need to adequately insure a home from damage is often mistaken for the purchase price or market price of a home. However, repairing a house independently will most likely be more; builders often use economies of scale to reduce construction costs. Private contracting is often far more for the same work. As a result, people being too tight with a policy can find themselves under-insured when help is needed.

For those evaluating their homeowners insurance and looking for a better plan or approach to coverage, North American Advantage Insurance Services can help. Affiliated with Lennar Builders, North American is significant experience and skill in understanding what is needed to reconstruct a damaged home, especially with today’s building industry and market prices for materials.