Insure to Value
Is Underinsurance a Problem?
Over the years we’ve talked to thousands of people who have lost their homes to natural disasters. We have found that over 90% of the people we talk to are grossly underinsured.
Why do Insurance Companies Underinsure?
It’s hard to imagine why insurance companies would give up additional premiums by underinsuring customers, but we find they do it every day. Why?
How do Companies Underinsure?
Companies typically use software like Marshall & Swift’s “Residential Component Technology” which is a construction cost and dwelling evaluation computer program.
What You Can Do To Protect Your Home
By now you’re wondering, “What can I do to protect myself?” Here are a few tips to get you on your way to being fully insured.
Results of Underinsurance
A combination of Insurance company tactics and underinsurance add up to big profits for insurance companies.







