Property Insurance: What It Covers And Why You Need It

The Cost of Not Knowing Your Policy

Most homeowners feel secure simply by purchasing any basic insurance policy. However, countless claims are denied due to policyholders’ lack of understanding. Ignorance in this area can lead to devastating financial loss.

It’s critical to review your policy annually. Too often, homeowners overlook or forget to update their coverage, leading to insufficient protection during drastic lifestyle changes. But there’s more to learn that could save you thousands…

Remember the adage “you get what you pay for”? In insurance, cutting corners on premiums can backfire spectacularly when reimbursement doesn’t match your actual loss. Insurance might feel like a burden until you need it and wish you had better.

Surprisingly, many insurers incentivize proactive safety improvements around the home. Installing smart home features—like security systems—can reduce premiums and save future heartbreak. But the next discovery will completely redefine your approach to coverage.