How much homeowners insurance do I need?

Replacement cost is the amount needed to rebuild your home with materials and labor at today's prices. It is almost always different from market value (which includes land) and from the purchase price. We use carrier estimators that consider square footage, construction type, finishes, and roof to set Coverage A correctly. Personal property is usually 50–75% of the dwelling amount, and liability should be at least $300,000 — often $500,000 or paired with an umbrella.