As I was watching the devastation from the wildfires on the news a few weeks ago, I couldn’t help but think about those unfortunate displaced families.
Did they have enough insurance to replace their homes? Do they have loss of use coverage and where would they stay? What about all their personal belongings? It is difficult enough to go through the emotional turmoil of this, let alone wondering if you have enough insurance. This is exactly what your insurance is for. It is there to help you get your home rebuilt and give you the temporary housing you need until the repairs are completed. I’ve never met a client after a fire loss who thought they had enough insurance. It’s always the opposite. You always want to make sure there is adequate coverage for the dwelling, contents and any separate structures.
A review of your Homeowners/Renters coverage now may save you a lot of headaches later.