– No. 52: This is one of the most frequent questions of insurance agents and the unfortunate answer is "Depends".
There are so many factors that go into the amount of homeowners insurance that you should have. In an effort not to become too technical, I would say that, as long as your policy is written and insured in Replacement Cost, it is doing well.
That does not mean you have the absolutely correct amount, but you're in the baseball park.
It is important to always consult a professional insurance agent about your specific insurance needs. Our team of insurance professionals at The Murray Group will be happy to answer any questions you may have regarding your home insurance policy. Click on the link above to visit our website and get more information.
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