So we got our home owner’s insurance renewal in the mail, and of course first thing I see is a $30 increase in our premium. Last year was also a $30 increase. So within the two years of owning the home, the insurance has increase $60. Each year it has increased an average of 6 - 7.5%. 2011 – $407.00, 2012 – $437.00 and most recent, 2013 - $467.00. So I further looked onto the description of the property and there were numerous things wrong. The square footage was greater than actual, deck square footage was more than double actual, a porch listed that doesn’t even exist and the amount of finished basement was double actual. In addition, the 100% replacement cost of the dwelling was about $25,000 more than actual. Using the RS Means books at work, I estimated the cost of replacement given our area to be $158,000. Given the updated information to the insurance company, they estimated 100% replacement cost to be $160,000, so not too far away from what I estimated using moderate – luxury replacement figures. So, our updated policy is now $406.00, I wish I had paid closer attention to this in the previous two years! …so…always go through your insurance policies with a fine tooth comb!