Once you understood your basics, it’s a good idea to get a rough estimate of exactly how much coverage you need. This can be done in two steps. The first step is to figure out how much personal belonging coverage you need. To do this, you will need to look at your personal belongings and come up with a general estimate of how much they all cost. This includes your tech, musical instruments, furniture, as well as any antiques or jewelry you may have. Next, you will have to figure out how much a total overhaul of your condo would cost. This can include replacing the flooring, figuring out a ceiling replacement, debris removals, labor costs, and building permits. If you are unsure how much coverage this should include, you can also ask your insurance agent.