Basics of Extended Homeowners Replacement Coverage

When purchasing coverage for their home, too many policyholders often make the mistake of simply insuring it for the resale value. However, should a flood, storm or other event occur, they may find that the cost to rebuild far exceeds the original purchase price. This discrepancy can occur for a variety of reasons, including inflated construction costs following catastrophic events that impact multiple homes in a particular area. Learn more about mkang sure your home is covered by visiting our blog: https://www.jedwardknight.com/insurance-maine/basics-of-extended-homeowners-replacement-coverage/

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