When you go in to see your insurance broker be prepared. The broker is going to need to determine the amount of coverage required on the dwelling. It’s not just a matter of deducting the value of the land from the purchase price to determine the value of the house. You and your broker will work together to calculate the replacement value of your home for insurance purposes. The information you provide to your broker must be accurate to ensure your coverage is adequate in the event of a loss. If you have the real estate listing, an appraisal or the house plans, you should have the majority of information the broker will require.