Insurance Coverage Adequate?

Hurricane Wilma reminds us to think about the possibility of severe damage occuring to our home. What would the cost be to replace or rebuild and would it be covered by our insurance? If you haven't done so lately you should check the amount your home is covered for and determine if it may need to be increased. For example, a home built in 2000 now costs approx twice as much to build in 2005. If you are basing your coverage on what you paid even 3 years ago, you may be unprotected.

When determining the appropriate coverage, speak to a real estate professional about what it would cost to rebuild your home today and insure that you have adequate coverage for any potential disaster.