Understand Underinsurance Gaps in Your Portfolio
Unfortunately, close enough is not good enough when it comes to a policy’s “Coverage A” or reconstruction cost. Just ask any of the California wildfire victims who are unable to rebuild their home due to the fact they didn’t have enough coverage.
In fact, an internet search for “California Wildfire Underinsurance” will return multiple stories about wildfire victims who are unable to restore their homes because of underinsurance; many who are consequently filing lawsuits against insurance carriers for failing to provide adequate coverage.
Fill out the form at your right to learn how a portfolio analysis can identify gaps in coverage; gaps where your policyholders may be at risk of underinsurance.