Your home is likely the biggest investment you’ll ever make. But homeowners insurance policies are not all the same — and too many people find out too late that they weren’t properly covered. Whether you’re renewing your current policy, switching carriers, or buying insurance for the first time, here are 5 crucial items you should double-check:

1. The Deductible – Understand What You'll Actually Owe

Not all deductibles are created equal. Some policies have a flat deductible (like $1,000), while others may have a percentage-based deductible — especially for wind, hail, or hurricane damage. A 2% deductible on a $500,000 policy means you’d have to pay $10,000 out of pocket before insurance pays a dime. That’s a major hit for most families. Always ask if any of your coverages are subject to a percentage deductible and do the math to make sure it's realistic for your situation.

2. RCV vs. ACV – Replacement Cost vs. Actual Cash Value

Don’t assume you’ll get full replacement value for damaged or stolen items — or even for your roof. Some insurers only offer ACV (Actual Cash Value) coverage for certain things like roofs or older structures, which deducts depreciation. That means you might only get a fraction of the cost to replace your roof — leaving you to cover the rest. Instead, make sure your policy includes RCV (Replacement Cost Value) on everything. It’s usually worth the slightly higher premium.

3. Code Upgrade Coverage – Stay Compliant Without Extra Costs

If your home is older and doesn’t meet current building codes, you could be forced to upgrade things like electrical, plumbing, or structural components during a covered claim. Without code upgrade coverage, these costs may not be reimbursed. This endorsement ensures you’re covered for bringing your home up to code — which could otherwise cost thousands. Always ask if it's included or if you need to add it.

4. Roofing and Siding Matching Endorsement – Aesthetic & Functional Value

Here’s a frustrating surprise many homeowners face: if part of your roof or siding is damaged and the materials can’t be matched, your insurance may only pay to replace the damaged portion — leaving you with a mismatched home. Roofing and Siding Matching Coverage ensures that if materials aren’t available to match, the insurance will pay to replace the entire section. It’s a simple add-on that can save you a major headache and maintain your home’s curb appeal and resale value.

5. Water Backup Coverage – It’s Often Optional, But Essential

Most standard homeowners insurance policies do not cover water damage from backed-up sewers or sump pumps unless you’ve added a water backup endorsement. This is one of the most overlooked and misunderstood coverages. Just one incident can result in thousands of dollars in cleanup and repairs. Ask if your policy includes it — and if not, make sure to add it. It’s typically very affordable.

Final Thoughts

Insurance is one of those things you don’t think about until you need it — and by then, it’s too late to make changes. At JP Construction Services, we’ve seen firsthand how the right (or wrong) insurance policy can affect a homeowner’s ability to recover after damage. Take a few minutes to call your agent and ask about these five points. If you’re shopping for new coverage, be sure to compare not just the price — but the actual protection each policy offers.

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If you live within our service area and we affectedby a recent storm, gove us a call today at (877) 846-9556 or fill out the form below to get started. You can also schedule your free inspection online.

Note: JP Construction is not an insurance company, producer, or agent. We do not write, sell or interpret insurance policy. These opinions are based solely on our experience as an exterior storm damage contractor.