Advertising And Marketing Targeted At Consumers For Auto Insurance
To better understand where your insurance premium goes--and how to determine if you 're paying too much--you 'll need to understand the four areas that homeowner 's insurance covers. These areas include:
The cost to repair/rebuild your home 's structure in the event of a disaster
Replacement costs for your personal belongings
Liability coverage for injuries on your property
Living expenses if you find yourself relocated while repairs are made
This is commonly misunderstood portion of your homeowner 's policy, and a point where people often choose too little coverage. What 's important to know about this is that the cost you should look at is the cost to rebuild--not purchase--your home. Too many people consider the cost they paid for their home and start from there. Others make an ever larger mistake and consider their home 's current market value.
Even though certain factors, such as land costs, won 't need to be repeated in the event of a rebuilding, labor for…