Every 2 out of 3 homes are UNDERinsured!!
That's a pretty alarming statistic that 2 out of every 3 homes are underinsured...and they're underinsured by an average of 27%. NOT GOOD.
There is a great article at msn.com if you would like more details on the factors causing homes to be underinsured. Click here
It's seems to be a general consensus between homeowners that with the decrease in home value, they should value their homes lower on their homeowners policy. Unfortunately this is a huge misconception as the value on the homeowner's policy is the "Replacement Cost" which is the cost to rebuild the home. Construction costs have risen over the past decade so the replacement cost hasn't decreased, in fact, it has increased.
Don't be a statistic. Call your Problem Solvers at Gillman Insurance today.


