Well, I've finished reading through my homeowner's insurance policy. It's a lot to read, and quite confusing in parts. I did find out I have a "premium" policy which covers full replacement costs of both personal property and dwelling property coverages. What I did not realize I had was Identity Fraud coverage. For $25.00 a year, I get up to $25,000.00 in coverage. I thought that was a good deal.
Travelers automatically ups the numbers based on replacement value each year. They hire an independent firm specializing in construction and consumer costs to figure out the right values. I think that is awesome, and one less thing I have to worry about!