As a homeowner, you are required by law to carry homeowner’s insurance. Unfortunately, many people do not carry the right homeowner’s insurance or the correct coverage amount. When buying a new home, most people are anxious to get the buying process over with to quickly, get settled in. Because of this, sometimes only minimum insurance is purchased, just enough to cover the minimum requirement. However, this coverage amount is never modified so when disaster strikes, the homeowner quickly discovers the coverage was not enough.