Friday, March 4, 2011

Under-insured

A recent survey by Marshall and Swift found nearly 58% of Americans are under-insured for rebuilding their homes. Typical polices cover about 80% of rebuilding costs. Take the following steps to reduce under-insured risk: understand your home's current replacement costs, obtain an extended replacement cost policy for above-limit protection, and add an inflation guard endorsement to your policy.
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