Many homeowners assume their insurance coverage is based on what their house could sell for today. Unfortunately, that’s not how home insurance works—and relying on market value can create serious coverage gaps after a loss. One of the most expensive mistakes homeowners make is assuming their dwelling coverage automatically reflects today’s rebuilding costs. In Michigan, rebuild costs can increase significantly because of rising labor expenses, construction material prices, l

Most homeowners assume water in the basement is covered. Sometimes it is — and sometimes it is not. In this video, we explain the difference between flood coverage, ground seepage, and water backup coverage in a standard Michigan homeowners policy. We also cover why sump pump failures and sewer backups can create major out-of-pocket costs if the right endorsement is missing. Real example:A finished basement took on four inches of water after heavy rain and a sump pump failure