Home Insurance. Sunday , February 25th , 2018 - 19:08:24 PM
In a year that’s brought potentially unprecedented damage across the United States from natural disasters, consumers surveyed by Clearsurance said they were concerned a natural disaster could also cause damage to their own home. Yet despite 87 percent of respondents expressing concern, very few took action by enhancing their existing insurance policy or purchasing a new one.
When you’re a homeowner, you have to deal with constant surprise challenges you may not have thought about back when you were renting a place to live. Your house may have been in pristine condition when you moved in, but time will show some issues your real estate agent may have not noticed or forgot to tell you about when you toured the place.
The outcome of these disasters — many uninsured and underinsured consumers — should serve as a call to action for insurers. They must do more to educate consumers on what is not protected against losses in the policies they purchase.
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