Avoid These Top 10 Costly Mistakes with your Homeowner's / Hazard Insurance

HomeBuildingRemodeling.com offers some great tips and common mistakes people make with their home owners insurance:

1. Not buying enough insurance
2. Failing to upgrade their home owners policy
3. Failing to keep an up to date list if your items.
4. Buying the cheapest homeowner's/ hazard insurance you can find.
5. Thinking all insurance is replacement cost insurance.
6. Confusing a co-op or condo's insurance policy with your own insurance policy.
7. Believing that mortgage insurance can replace home owner's insurance.
8. Not knowing what all is covered by your home owner's insurance.
9. Thinking you are protected in case of a flood.
10. Thinking that PMI insurance is homeowner's insurance.

For more details check out the full blog post