Filed under: Home owners insurance.
Many homeowners get their policy when they buy their home and then they continue to pay it year after year without considering it. The reality is that there may be a lower priced policy available to you, or you may be able to cover your home for things that aren’t currently covered. It’s likely that your policy covers issues like stolen goods, but does your home owners insurance Chicago replace the cost of the items when you bought them or their replacement values? This can be a huge difference, especially when it comes to things like electronics that lose value quickly.
It does cost more to have replacement value but you may find that the extra coverage is worth it, if only for the peace of mind of knowing that you’re fully covered. In fact, take a look at your policy and make sure you’re fully covered in other ways. There may be issues like mold that aren’t covered by your basic policy. But you could add on an endorsement that adds that coverage. Once again, this will cost extra, but if you live in an area that’s prone to mold then it may pay for itself in the long run.