Whether you are a new homeowner searching for an insurance plan or have purchased homeowner’s insurance over the years, you may wonder if you are buying too much coverage. At ALLConnecticut Insurance, we’re here to help guide our West Hartford, CT, community.

What Can Be Considered "Too Much" Insurance?

Your home is a significant investment, and questioning whether you have too much insurance is a valid concern. While it’s important to protect your property against potential damage, you also don’t want to spend more money than necessary.

Here are several factors that may indicate you have "too much" insurance coverage for your home:

Replacement Cost

Some policies may be based on market value rather than replacement cost. Market value includes the land, while replacement coverage focuses solely on the cost of rebuilding your home. Since land is not a structure that requires rebuilding, it’s important to ensure your policy is based on replacement cost. Our agents can help clarify this for you.

Coverage Not Applicable to Your Property

Flood insurance is typically not required unless your home is located in a flood zone and has a mortgage. Check with our agents to determine whether this type of coverage is necessary for your property.

Dual Policies

If you’re switching to a new insurer, make sure your existing policy is canceled to avoid having two active policies simultaneously. This can save you from unnecessary expenses.

Contact ALLConnecticut Insurance

When you’re ready to secure homeowner’s insurance for your West Hartford, CT, property, reach out to our experienced agents at ALLConnecticut Insurance. We’ll help you choose the right coverage for your needs and budget.