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How to Protect Your Most Valuable Asset

Tips to pick the right homeowners insurance

David C. Wyld

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Your home is the most significant investment for almost every American. Do you know how to choose the right coverage for you and your family? Here’s tips how.

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(BPT) — If you’re like many Americans, your home may be your most valuable asset. That’s why it’s so important to protect it with homeowners insurance. Plus, it’s probably a requirement of your mortgage. Setting up your coverage the right way starts with understanding the major parts of a homeowners policy.

Consider the following information and tips from the USAA Home Learning Center:

Photo by Breno Assis on Unsplash

Dwelling protection

This protection covers the cost of repairing or rebuilding your home if it’s damaged or destroyed. When you select the amount, keep in mind the cost to rebuild your home is different from its market value.

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David C. Wyld
David C. Wyld

Written by David C. Wyld

David C. Wyld is a Professor of Strategic Management & Consultant. Follow him here on Medium for his latest publications. He supports his fellow Medium writers.

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