Do you have the right homeowners’ insurance coverage?

One local homeowner thought he had purchased the right homeowners insurance. When a fire struck last year, the insurance company declared his house a total loss and paid his policy limit of $200,000. But it cost him $240,000 to rebuild what was essentially the same house on the same lot. The fire set him back $40,000, even with a “good” policy.   Read the article…………