Aegis-RSI about Home Insurance

A good rule of thumb is to aim for a policy that will cover 2-6 times your annual income. If your yearly revenue is $50,000, then a policy from $100,000 – $300,000 should be adequate. Again, it depends on your personal situation. Take into consideration the rate of inflation, potential college tuition expenses, or large loans and house mortgages. If you have two children who plan on attending college, current tuition prices range anywhere from $10,000 – $30,000 per year, with all the high end range focusing on private universities. Expect that range to increase anywhere from 5-10% within the next 5 years.