09/10/2026
🏠 You paid $400,000 for your home.
Does that mean you should insure it for $400,000?
Not necessarily.
The market value of your home includes things like the land, location, and what buyers are willing to pay.
Your homeowners insurance generally covers what it would cost to rebuild your home after a loss.
Construction costs, materials, labor, and other factors can change over time. This is why it’s important to periodically review your coverage.
What your home is worth and what it costs to rebuild it aren’t always the same number. A quick insurance review can help make sure your coverage still makes sense for your home. Let's take a look ASAP.