Some Final Thoughts
Know Your Insurance
It is extremely important for you to thoroughly understand your homeowners insurance policy. You should know what perils are covered, and whether the coverage amounts are sufficient in the event of a disaster. Your insurance agent should be more than willing to discuss your specific insurance needs, as well as recommend possible ways to reduce your premiums, or mitigate potential losses. But again, the responsibility is yours.
We hope you found this guide to be a helpful resource in better understanding your property insurance needs.
For more information, and other resources, please visit the Federal Alliance for Safe Homes, Inc. (FLASH) website at www.flash.org.
To view other Actuarial Foundation Consumer Education Initiatives
please visit www.actuarialfoundation.org.