If you have a homeowners policy, you probably expect it to cover all the costs of rebuilding your house in case it’s damaged or destroyed by a covered hazard. But are you certain you have enough coverage? Read about two common situations you may be unaware of — and the affordable options that can help put your mind at ease.

Since reconstruction costs are different from market value, your current homeowners policy may not accurately reflect the true costs of rebuilding your home. Extended dwelling coverage helps you rebuild if construction costs change and add up to more than your current policy limits.

If your home is damaged by a covered loss and needs to be rebuilt or repaired, you are required to build according to current building codes. That’s where a building ordinance policy, or law coverage, comes into effect — and it could save you thousands of dollars.

Extended dwelling and building ordinance policies offer valuable protection from gaps in coverage. To better understand your risks, give us a call today.