How Much Coverage Do I Need For Homeowners Insurance? 
Coverage A-Dwelling , on your declaration page is the amount of money your home is insured for against covered perils . How much should your limit be ? It should be the amount of money you need to rebuild your house from scratch . That amount of money is called Replacement Cost . How do you determine the Replacement Cost Value ? To determine the Replacement Cost Value , you need to know or measure the square footage of your home . You also need to know the special features of your home , like skylights , central vacuums , etc. . You also need to know the quality of your improvements . For example , are your kitchen and bathroom fixtures Builders Grade or Luxury ? If you can gather that information , call your agent and review it with them . They should be able to help you come up with a reasonable estimate of your homes replacement value . You should revisit the value every three to five years or after you make a significant improvement . You want to keep pace with your homes value , but you dont want to over insurance and waste money . I hope I 've answered your question . If not , feel free to call , fax or email me . Kevin P. Foley , CPA , CPCU PFT&K Insurance Brokers T 877-414-2031 F 877-405-3025 E kpfoley -LSB- at -RSB- kpfoley -LSB- dot -RSB- com W www -LSB- dot -RSB- kpfoley -LSB- dot -RSB- com 