First, you should understand the coverage that you currently are paying for.  Understanding this coverage will ensure that you know what you are in the market for.  If there is something on your property that is not insured or if you do not have enough coverage for something that is already insured you will want to change the limits of your policy.

Second, liability protection is sometimes hard to understand.  Basically, if someone is on your property and they are hurt, you may get sued. If you have a substantial amount of assets, you may want to sign up for an umbrella policy.  The more that you have, the more you will risk losing if you are sued.

Third, if you purchase or inherit any valuables that are of a substantial value, you should have them covered separately.  This separate coverage will ensure that you are not going to lose those items in a covered loss.

Having your home appraised may be a great way to determine how much real estate license you want to pay for.  When you have your home appraised, you will be able to insure your home for the proper value.

Meet with your insurance agent if you have any questions about your policy. This way, you can ensure the coverage that you are signed up for is exactly what you need it to be. Not having enough insurance and having too much insurance can both be frustrating.