Tag: Underinsurance

4
Mar

What Does It Mean to be Underinsured and How Can You Avoid It?

Being underinsured in healthcare, homeowners, or even auto coverage means that the policyholder has insufficient insurance protection. Their policy limits may not be high enough to cover the full cost of a claim, which may leave them liable for a huge financial loss if a covered event occurs. By increasing your limits or purchasing appropriate insurance endorsements, you can minimize

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