When's the last time you looked at your home insurance policy?

A rise in your home's value is cause for celebration, but it should also give you pause. "Lots of people fall into the trap of getting their mortgage and home insurance and then it's out of sight, out of mind," says Chris Schafer, the Minneapolis- based senior editor for home insurance at Insurify, an insurance marketplace. "We've all seen a run-up in home values in recent…