What Should My Homeowners Insurance Cover? 
Your homeowners policy should cover the amount it would cost to completely rebuild your home including re-engineering costs . It should be written on an insurance form that is considered `` All Risk '' . All risk coverage will not list what you are covered for , but rather , it covers everything that is not excluded . Typical exclusions include earthquake , flood , wear & tear , maintenance and intentional acts . You should cover your contents , or personal property , with a replacement cost endorsement . This will replace your items in your home rather than depreciate your personal property . Our office recommends at least $ 500,000 in Personal Liability coverage and Loss of Use coverage should you need to live somewhere else while your home is rebuilt or repaired . Hope this answers your question . You should check with your local independent insurance agent . They will help customize your policy for your unique needs . 