Chances are it's been a while.
But it's that 99th out of 100 cases that you have to worry about. If you waited until the last minute before closing on your home to get insurance, there may not have been time for your insurance agent to ask all the questions needed to provide adequate coverage. If your real estate agent or mortgage lender ordered the coverage for you, it may not be adequate because they probably used the mortgage loan amount as the basis for the coverage and didn't factor in your personal property or special needs you may have. It takes less than an hour for a client to furnish an agent with answers to basic questions so they can calculate an accurate replacement cost. You've finished your basement and put in a pool since you bought your house.