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Do I need to up grade my panel?

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This customer in Federal Way wanted an honest answer about a panel upgrade. 

This home built in 1945 has already been upgraded once from a fuse box, but there was still knob and tube in the attic.

You can also see in the picture the new service is rated for only 100 amps. An upgrade is definitely an option here, and eliminating knob and tube can make obtaining home insurance easier.