TITLE

Home Sweet (Underinsured) Homes…

PUB. DATE
October 2007
SOURCE
Journal of Financial Planning;Oct2007, Vol. 20 Issue 10, p14
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses results of a survey conducted by the National Association of Insurance Commissioners. The survey found significant misunderstandings among policyholders concerning what their standard homeowner's insurance policies cover. One third of homeowners believe flood damage will be covered by their standard policy. Over half think their policy covers them in the event of a water line break. Thirty-five percent say they will be compensated for an earthquake, and a slightly lesser proportion thinks mold is covered.
ACCESSION #
27037063

 

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