Especially now with skyrocketing costs for building materials check what your coverage has and adjust if needed!
Make sure you have replacement cost coverage and especially check your additional living expenses.
I've been out of my house for 6 months now and it's $7800 per month for our temporary accommodation (two rentals to replace a house with two suites).
Check that you have replacement cost coverage. Things like my printer that I bought for $60 are now $200+. Even my cans of coffee from Costco have gone from $15 to $18.
Make sure your coverage can cover the cost to rebuild your house given skyrocketing building material costs. Make sure you're covered for code upgrades if your house is old!
February 16, 2022 at 12:56AM
