Do I Have Enough Home Insurance?

Hurricanes can unfortunately be a big wake-up call for many property owners. Homes that have minimal insurance coverage or no insurance in place my face a difficult situation when disaster strikes. Take preventative measures by making sure you have enough coverage in place!

In a study conducted from year 2002 to 2006, it was found that roughly 73% of homes in the United States were underinsured. We can begin to understand that this is a widespread issue. Understanding your insurance policy is not easy and with plenty of competition in the market, it’s often simple to feel like you’re getting a great deal simply because your coverage costs less than the coverage provided by another company.

Having a thorough understanding of your policy and how competitive your compensation may be is crucial especially when you are up for renewal or when you are shopping for insurance for the first time. When your home is underinsured, you will not have proper coverage to compensate you for damage to your property.

Working with an insurance lawyer could be an excellent way that you could have an honest discussion about your insurance coverage. A knowledgeable insurance attorney will review your current policy coverage and make sure that your insurance company is held accountable for covered damage to your property. Working with an insurance attorney can help you make sure that your insurance products are up to date and that you don’t end up in any type of underinsurance dilemma.

If you would like an attorney to examine your current policy or check out prospective policies that you could use to upgrade your insurance, contact our staff today for more info!

This post was written by Kelly-Anne Jenkins of Jenkins Law P.L. Kelly-Anne is an insurance claims lawyer. She specializes in personal injury, car accidents, and bicyclist injury. The information on this site is not intended to and does not offer legal advice, legal recommendations or legal representation on any matter. Hiring an attorney is an important decision, which should not be based on advertising. You need to consult an attorney for legal advice regarding your individual situation.

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