Homeowner's Insurance - Do You Have Enough?

Do you have enough house insurance?  Recent statistics show that more and more homeowners don't adequately insure their home.  If you haven't evaluated this recently, you may benefit greatly from digging out your house insurance policy and looking seriously at how much you're covered for.  It might be a great time to get several quick and easy house insurance quotes.  When you have a catastrophic loss, you don't want to be stuck rebuilding 80% of your house.

Sixty-four percent of U.S. homes in 2008 were undervalued for insurance purposes, according to a Marshall & Swift/Boeckh survey. That’s an improvement from 73% in 2002, but the average homeowner still has only enough insurance to rebuild about 81% of his or her home. Complicating matters for homeowners is that 31% don’t know how much their home is insured for and 46% don’t know what coverage their homes’ contents have, according to an August survey by MetLife.