While insuring your home, you need to make sure that two main things in your home are covered:

Your Home Structure

Always make sure that you are insuring your residential property for not what it originally cost you when you constructed it, but what will it cost you now, if you have to re construct or re build it again in case it gets destroyed in an accident.

If your house is not covered properly, there are chances that in case of destruction of your property, your company might only pay a percent of the actual cost you will be facing for repairing your damaged assets.

Your Household Possessions

While insuring your personal belongings, always calculate the actual price of the item as well as its repair cost before insuring it for a particular amount.

Also, always check the insurance policy to verify the limits on personal and household items. If you feel that the limits are too low, you should try considering a separate personal property endorsement insurance plan to fully cover your household assets.