Home insurance is a valuable tool when it comes to protecting your financial security—as long as you know how to make the most of it. If you overlook certain factors when calculating how much coverage you need, though, it could threaten your financial security in the event of a disaster. Below, the seasoned team at Sun Valley Insurance in Indian Trail, NC, shares a few tips for ensuring your home insurance will provide the coverage you need.

How to Get the Most Out of Your Home Insurance

1. Consider All Possible Costs of Rebuilding

It might seem logical to purchase a policy that will cover your mortgage or your home’s appraised value, but in reality, rebuilding your home may cost a lot more than either one. Take into account any renovations or upgrades you have made, and do not forget to include coverage for living expenses while your home is being rebuilt.

2. Do Not Forget to Inventory Your Personal Property

A good home insurance policy should cover your property’s structure and also be enough to replace everything inside it. Keep an inventory of your personal property, and take detailed photos of every room in the house so you have proof of your belongings in the event you ever need to file a claim.

3. Make Sure You Know What Is Not Covered

When it comes to home insurance, knowing what your policy does not cover is just as important as knowing what it does. For example, you may need to purchase additional policies to cover certain natural disasters, defective maintenance, or flooding.

If you need to purchase a comprehensive home insurance policy, contact the knowledgeable team at Sun Valley Insurance in Indian Trail, NC. You can learn more about the various kinds of coverage they provide by visiting their website. To talk to an insurance agent about your needs, call (704) 282-1155.