You want to insure your home properly, but not too high! Your house will only sell for  half of what you paid for it so the Insurance coverage’s should be much lower. Please understand that the cost to rebuild your house is very differant than to sell it in today’s market.With all of the other issues from State Farm, Mitigation issues, price increases, Flood Insurance increases and more still, you must try to insure the home properly first so you are not coinsured. Please read the full story here;