How much homeowners insurance coverage should I have?

@keshawn 

The amount of homeowners insurance coverage you should have depends on several factors including the value of your home, the cost to rebuild it, the value of your personal belongings, and your liability risk. Here are some considerations to help determine the appropriate coverage:

1. Dwelling Coverage: This should be enough to rebuild your home in case of a total loss. This should be based on the current construction costs in your area.
2. Other Structures Coverage: This covers structures on your property like garages, sheds, or fences. This coverage is usually a percentage of your dwelling coverage.
3. Personal Property Coverage: This protects the value of your belongings such as furniture, appliances, electronics, and clothing. It is recommended to conduct a home inventory to estimate the value of your possessions.
4. Liability Coverage: This protects you against lawsuits if someone is injured on your property. The recommended amount is usually at least $300,000, but you may want to consider more depending on your assets and potential risks.
5. Additional Living Expenses Coverage: This covers the cost of temporary housing if your home becomes uninhabitable due to a covered loss.

It's advisable to consult with an insurance professional or agent who can evaluate your specific needs and help you determine the appropriate coverage amount.