Having an adequate coverage amount is essential when it comes to protecting your home. When you switch from another insurance company to us, and when your policy is occasionally reviewed by our team, we provide you an estimate prepared by a third-party estimator of the cost to rebuild or replace your insured structure. The estimate includes significant assumptions about your property, the cost of building materials, labor, and other resources. In our current times, these costs have all increased due to multiple factors including labor shortages, supply chain issues, and in large part inflation, and you may need a higher coverage amount to protect your home. Check your coverages today and call our friendly Customer Service Department at (800) 234-2114, or contact us online at www.westernmutual.com/service, if you have questions or to let us know of unique features or upgrades, such as upgraded kitchens, bathrooms, custom cabinetry, or high-end finishes, which may impact the cost to rebuild or replace your home.
Unfortunately, higher coverages can directly translate into higher premiums, but we can also look at options to offset an increase in premium, such as a higher deductible or applicable discounts.
Please Note: The above is for informational purposes only and the amount of coverage you choose is dependent on your specific needs. There is no express or implied guarantee that the estimated cost to rebuild or replace would actually be the amount necessary to rebuild or replace your structure in the event of a loss caused by a covered peril. The above does not in any way replace or modify the information contained in individual insurance policies. Availability and qualification for coverage, terms, rates, and discounts may vary by jurisdiction. In the event of loss, the actual terms and conditions in your policy will determine your coverage. Please read your policy for exact details on coverage