As mentioned above, the primary factor determining the insurance cost is the replacement cost of the home. Most insurance companies use 3rd party software and based on the features of your home, determine the replacement cost. As a result, you should know the square footage of the home along with features like flooring and any upgrades. A good agent will also ask about your need for higher liability limits and special coverage for higher valued belongings.
Last modified: December 11, 2017