In many instances, your home, apartment, or condo unit is one of the largest investments you will make in your lifetime. As such, it is important your home is properly insured for all its worth. Unfortunately, many homeowners may not have enough coverage should the unexpected occur. In the event the unforeseeable happens and you do not have enough coverage for your home, you could be responsible for out-of-pocket costs. Your homeowners policy is made up of several different coverages which will protect you from different perils. One of those coverages is Coverage A, which is the protection to your dwelling/home’s psychical structure. We understand insurance coverages and terms can be quite confusing, as such, here is Penny to explain Coverage A. The first item listed on your declarations page. When considering your Coverage A limits, it is important you know how much it would cost to replace your home should a total loss occur at today’s building costs. Market Value vs Replacement ...