Cobb Real Estate Blog

After viewing the destruction of hurricane’s Katrina and Rita, I feel it’s a good idea for every homeowner to check their insurance policies. A building costs expert, Marshall & Swift, has just released a study stating that nearly 60% of all homes in America are not valued properly. What does that mean for you, the home owner? Well, if you’re home isn’t valued high enough, according to the insurance policy, if something devistating were to happen there might not be enough money in your policy to completely replace your home. You definitley want to have a policy large enough to completely rebuild your home and replace everything in it. Your insurance agent can help you figure out what amount you need. But also talk to your agent about how to make sure your policy keeps up with the appreciation in your home.