Do I need multiple Home Insurance for new home?
Hi BP,
I'm in the middle of closing on a home in new construction. I just received an insurance quote that covers half the purchase price.
There is a reoccurring theme that insurance companies limit is $350k when I would like the entire loan covered.
Is it common or uncommon to have multiple home insurance to cover the entire cost of your home in the event a big disaster happens?
Cheers!