Here is an excerpt from a new blog post at GreggMarcus.com:
There are multiple variables that determine the necessary amount of
coverage for a homeowner. More often than not, homes in the United
States are undervalued, and as a result, do not have adequate insurance
coverage. In this article, Long Island Insurance Executive Gregg S. Marcus seeks to inform about the necessary coverage for homeowners under certain conditions.
The first underlying issue with homeowner’s insurance is that many
people are unaware of how much their home is insured for and what kind
of coverage they have. This poses a big issue because if people are
uncertain of their coverage, then how can they be aware of what they
should be getting covered for? Although basic homeowner insurance
policies have what is known as liability protection, there are certain
situations that call for additional coverage that is not provided by
standard liability protection. Liability protection provides coverage
for any damage done to the home’s structure, coverage for valuable
belongings, and coverage for any potential lawsuits pertaining to
property damage or physical injury of persons residing in the home.
To view this post in its entirety, click here to visit the Gregg S. Marcus official website.
