Home Insurance Guide

In my post about Adjusting Insurance Based on Home Price, I was called out by an anonymous commenter, who said I shouldn’t talk about things I didn’t know (which is probably good advice, but I’ve never called myself an expert), because I said you should reduce your insurance coverage because your home may be worth less. He or she was right, that was bad advice, I was merely reflecting my own situation in that my home value was higher than my replacement value and thus I was no longer obligated, by my lender, to insure at the higher value. That was the impetus for the original post and it made sense for me, but may not be for you.