Property Insurance Workbook: Audit Your Coverage and Close the Gaps

Reviewing your own property insurance policy is one of those tasks most people mean to do but never get to. This course makes the process concrete and manageable, guiding you through a structured audit of your current coverage using checklists, comparison templates, and a home inventory framework you can build in stages. By the end of this course you will be able to review your declarations page and identify coverage limits and potential gaps, calculate whether your dwelling coverage is sufficient to rebuild at current construction costs, complete a home inventory for your personal property, and evaluate whether supplemental coverage — flood, earthquake, umbrella — belongs in your plan. What you will learn: - How to read a declarations page and extract the five numbers that determine your real coverage position - A dwelling coverage adequacy worksheet using local per-square-foot replacement cost estimates - A home inventory template organized by room, with guidance on documenting high-value items with descriptions - How to compare your personal property limit against your actual possessions and identify shortfalls - A checklist for evaluating whether you need flood insurance — separate from standard property coverage - How to price and compare scheduled personal property endorsements for jewelry, electronics, and collectibles - A liability adequacy review: how much coverage you have and whether it connects properly to an umbrella policy - A policy review calendar — what to revisit each year and after major changes (renovation, new purchase, new pet) The workbook format presents a brief reading followed by a structured exercise in each module. By the final module you will have a documented coverage audit, a complete home inventory framework, and a list of specific actions to discuss with your insurance agent at your next review. Suitable for homeowners and renters at any coverage stage — whether reviewing an existing policy for the first time or following up after a life change like a renovation or major purchase. No prior insurance knowledge is required. This course is educational; it does not constitute licensed insurance advice.