How Much Home Insurance Should I Purchase? 
There are two major sources for information about limits . The mortgage company is going to direct certain limits . In California the mortgage company can not ask for more coverage than what an estimator renders to replace the property and clean up the debris . The second piece of information is the replacement cost calculator . Most companies today require that the house be insured to full value because they are extending replacement cost coverage . The third place to look for limits is your agent . I always recommend that the customer purchase the highest possible limit of liability . A lawsuit can bankrupt you quickly . The fourth place is the value of jewelry , guns , collections and other items restricted in the policy . Most people are satisfied with the automatic limits for personal property but if there is the slightest apprehension select expanded coverage . There are many more issues , earthquake and flood coverage , water back up coverage , law and ordinance coverage but all these can be discussed with an agent . 