Would you have enough homeowner's insurance coverage if your home was destroyed and had to be rebuilt? How about to replace all of your possessions? Determining how much coverage you need is an important part of protecting your home. In this Allstate video, you'll learn the difference between the market value of your home and the cost of rebuilding, and how to determine the value of your belongings.

The cost of rebuilding or repairing a home has increased dramatically in recent years. It could cost substantially more than the amount your home is currently worth, requiring additional insurance coverage. Allstate offers homeowner's insurance policies that include inflation guard, which adjusts the rebuilding costs to reflect changes in the costs of construction and building code upgrades, in case you're required to meet new (and sometimes more expensive) codes.

To keep your insurance up to date and ensure that you're covered, contact your insurance agent or company representative at least once a year, especially after a change in lifestyle, including a home renovation or getting married.

Conduct a home inventory of all your possessions and estimate their value at AllstateDigitalLocker.com.

How much insurance protection does your home need?
Allstate explains how to determine the amount of homeowners insurance coverage you need in the event your home and personal belongings are destroyed.