Homeowners, whether first-time buyers or seasoned property owners, often have questions about their insurance. One of the most common queries is, "How much home insurance do I need?" The answer can sometimes seem elusive. That’s why homeowners in the West Hartford, CT area turn to the trusted and experienced professionals at ALLConnecticut Insurance for all their insurance needs.

The Eighty Percent Rule in Home Insurance

Consider a scenario where you insure your home for half the cost of its complete rebuild value. Imagine a worst-case scenario, such as a house fire, that destroys your home. When it’s time to claim insurance to replace your home, there’s an obvious problem with the math. This is where the 80% rule generally applies in home insurance. Most insurance companies require a home to be insured for a minimum of 80 percent of its replacement costs to provide the necessary funds to rebuild your home. This is one of many reasons why it’s a good idea to work with a proven and trusted agent for all your home insurance needs.

Home Insurance Solutions for West Hartford, CT Area Homeowners

If you’re a homeowner in or around the West Hartford area and have questions or would like to learn more about home insurance solutions, we can help. Contact us to find out more and schedule an appointment with our friendly and knowledgeable team today to discuss the protection your home needs and deserves at ALLConnecticut Insurance.