Jan 18, 2021 5 mistakes homeowners make when buying insurance & how to avoid them

When it comes to buying home insurance, there are a few mistakes that are easy to make. From underinsuring your home or belongings to expecting coverage for things that simply aren’t included in your policy, we’re here to help you avoid these mistakes so you can be confident in your coverage when the unexpected happens. Basing your policy limit on your home’s market value When you’re buying a home insurance policy, you might think it makes sense to base your coverage limit on the market value of your home. But in reality, the cost of the materials and labour required to rebuild your house could be significantly higher than its market value — so you could be left underinsured in the event that your home…

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