Shopping for homeowners insurance—or even just renewing your current policy—can feel overwhelming. Policies are packed with terms and coverage options that aren’t always easy to understand. But the right questions can simplify the process and make sure you’re fully protected.

Here are five essential questions to ask your agent before you buy or renew your policy.

1. What’s My Rebuilding Cost?

  • Your home should be insured for the cost to rebuild, not the market value.

  • Ask your agent for a replacement cost estimate based on local construction costs.

2. What Perils Are Covered—and Which Are Excluded?

  • Standard policies cover events like fire, theft, and hail.

  • Common exclusions include floods, earthquakes, and certain water damage.

  • Follow-up: “What endorsements or separate policies should I consider?”

3. Are My Valuables Fully Protected?

  • Jewelry, art, collectibles, and electronics often have coverage limits.

  • Ask if you need a scheduled personal property endorsement.

4. What Discounts Are Available?

  • Bundling home and auto, installing security systems, or upgrading your roof can all save money.

  • Ask your agent if you’re getting every discount you qualify for.

5. What’s My Deductible—and How Does It Work?

  • Deductibles may be flat (e.g., $1,000) or percentage-based (e.g., 2% of dwelling coverage).

  • Some policies include separate windstorm or hurricane deductibles.