How Is Dwelling Coverage Limit Determined?

Ever wondered how your home insurance company determines the dwelling coverage limit? It's a critical figure, and understanding its calculation is key to adequately protecting your most valuable asset. In this video, you'll learn: ► The difference between market value and replacement cost for insurance purposes. ► What factors insurers consider when calculating your dwelling coverage limit. ► Why it's essential to regularly review and adjust your dwelling coverage. ► Common misconceptions about dwelling coverage and property value. ► Tips for ensuring your home is fully protected against unexpected events. #DwellingCoverage, #HomeInsurance, #InsuranceTips, #PropertyProtection, #FinancialPlanning