Property Insurance Roundtable

Adjusting Today Issue #3028: How to Make the Most of an Underinsured Loss

Informações:

Sinopsis

Oftentimes post-disaster, policyholders unfortunately discover that they do not have enough insurance on their property. Preparation and planning in advance surely can help avoid such issues as being underinsured. However, after a loss there are still options available to the policyholder to maximize their financial recovery and minimize their underinsured loss. For further information on this topic, please read our corresponding Adjusting Today article: "How to Make the Most of an Underinsured Loss" Key Takeaways: [1:07] How often are policyholders underinsured? [2:17] How can policyholders ensure they have the proper coverage? [5:36] How often should business owners meet with their insurance company? [6:11] What are blanket policies and how do they affect coverage limits? [8:53] What do policyholders need to do to conduct a comprehensive analysis of their policies? [14:50] Where do policyholders find hidden coverages? [18:40] Is landscaping coverage often overlooked? [23:11] What is third-party recovery an