Continuing Case 48. Property Insurance Newlyweds Jamie Lee and Ross have had several mifestones in the pastyeer they are newy marned rece thly purchayes their first hame: and now have twins on the way Jame Lee and Ross have to senously consider the ingizance needs. Witt a family, a home and now babiss on the way they are: working or developing a nis marapesient plan to help them show an unexpected event arise. Hamie Lee and Ross cieated a Household Inventory (see excluding the $2000 diamond wedaing band set. They have rebuild their home using the mont current costs. Use this information to complete the table betow and determine the fotir anount of property insurance coveroge they wil need Each answey must have a value for the dsipgncient to be complete. Enter to fot any unused categones 1 Home Inventory with Estimated Replacement Values Calculate the total replacement cost for household. Total value: Real Property (not applicable to renters) Current replacement value of home Personal Property Estimated value of appliances, furniture, clothing, and other household items (conduct an inventory) Type of coverage for personal property Additional coverage for items with limits on standard personal coverage such as jewelry, firearms, silverware, and photographic, electronic, and computer equipment Diamond wedding band set