How good is your coverage?

As many as 40 percent of the 14,000 homeowners who lost their houses in California’s forest fires last month are discovering they don’t have enough insurance to rebuild, according to the California Department of Insurance.Although California state officials have tried to raise home owner awareness of coverage limits, several nationwide studies suggest that homeowners tend to ignore risk and don’t understand that insurance policies don’t guarantee replacement costs.

Don’t let this happen to you, check your insurance policy or call your agent and determine if you have replacement coverage or exactly how much you would get in the case of the unthinkable, a full loss.