Decode Homeowners Insurance Coverage Secrets For Maximum Protection

Decoding Policy Details for Maximum Protection

To ensure maximum protection, it's essential to thoroughly review your policy's declarations page, which outlines your coverage limits, deductibles, and any endorsements or exclusions. Pay close attention to the replacement cost versus actual cash value coverage for your home and belongings. Replacement cost coverage reimburses you for the current cost to replace items, while actual cash value accounts for depreciation².