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Navigating My Home Insurance
Q: Can I increase or reduce my coverage once I complete my purchase?
Q: Can I increase or reduce my coverage once I complete my purchase?
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Written by Hippo
Updated over a week ago

A: Yes. These changes will have an impact on your coverages as well as the premium that you pay. Keep in mind that most home insurance companies require that customers carry a certain percentage of the home’s estimated value as their limit to provide full replacement coverage. This amount is typically 80% or more, but insurers will often require that property be insured at 100% of the estimated value.

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