© Gavin Insurance 2011
2100 West 2nd Ave, Indianola IA 50125 ~ (515) 961-3377+ 800-833-3858
Serving Indianola &
Central Iowa
for over 30 years
Joe Gavin Karen Williams
515-961-3377 515-961-3377
515-681-4694
Office
Cell
Joegavin@mchsi.com karwill@mchsi.com
Let us personalize your policy.
Your house is your prized possession. In most cases your house is
your largest asset. If someone asked you, "Do you have enough
homeowners insurance?" ... would you know?
What coverages should you have
on your homeowners policy? Have
you reviewed your policy lately?
Enough Coverage?
Make sure you have enough insurance to cover the cost of rebuilding your house at current construction
costs. To figure out the amount of coverage needed, take the total square footage of the house and
multiply by current local rebuilding costs per square foot. For example: A 2000 square foot home with
local rebuilding costs of $150 per square foot (2000 * 150) comes to $300,000 of dwelling coverage.
Make sure that your personal possessions are properly covered. We recommend that personal
possessions are insured at replacement cost NOT actual cash value.
Most homeowners policies will also provide coverage for loss of use. This means that if you need to
live somewhere else while the house is being restored the insurance company will pay for this expense.
The agents at Gavin Insurance recommend a call to us, as there are too many different types
construction to use only 1 sq. footage cost.
Liability coverage is also included on most homeowners policies. This is very important. The minimum
on most policies is $100,000. We recommend at least $300,000.
In addition to the coverages mentioned, there are many other coverages to consider depending on the
type of house, the contents in the house and any other structures located on the property.
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