Start with the cost to rebuild—not the market price.
A home’s insurance value is generally based on estimated reconstruction cost, which can differ from purchase price or tax value. Materials, labor, square footage, finishes, local construction costs, and other details can affect the appropriate dwelling limit.
Coverage areas worth reviewing
Your dwelling and other structures
The policy may cover the residence and listed detached structures against covered causes of loss. Limits, settlement methods, and exclusions matter.
Personal property and temporary living expenses
Personal property coverage can help with eligible belongings, while loss-of-use coverage may help with additional living expenses after a covered loss makes the home uninhabitable.
Personal liability
Liability coverage may respond to certain claims for injury or property damage for which an insured is legally responsible. Medical payments coverage may address smaller eligible injuries regardless of fault.
Important gaps to discuss
- Flood and earthquake, which commonly require separate coverage
- Water backup, service line, equipment breakdown, or home cyber endorsements
- Jewelry, collectibles, firearms, or other property with special limits
- Roof settlement, wind or hail deductibles, and replacement-cost provisions
- Home businesses, rentals, vacancies, and short-term rental activity
A policy review should change when your home changes.
Renovations, additions, major purchases, household changes, and new uses of the property can affect your insurance needs. Veronica helps translate the policy language so you can make an informed decision.
Content reviewed by Veronica Hicks, licensed insurance broker · NPN 21360893 · Updated July 31, 2026.