How to Determine if Your Home is Underinsured
Homeowners Insurance April 24th, 2008
If you were to lose your home in a fire, would you have enough homeowners insurance coverage to rebuild your home and replace your possessions? You’d also need a place to live while your home is being rebuilt.
Does your policy contain a Loss of Use provision that will help pay for hotel, restaurant and other expenses accrued while you’re displaced? Chances are your homeowners insurance isn’t going to provide you with enough coverage to resume the lifestyle to which you’ve grown accustomed should a disaster strike.