After every natural disaster, too many people discover an awful truth: They don’t have enough insurance to rebuild their homes. Nationwide, more than two-thirds of homeowners are underinsured, according to a survey by insurance services firm MSB, by an average of 18%. That means someone whose house cost $200,000 to replace would find herself short by $36,000. Where homes and rebuilding costs are higher, the problem can be even more… Read More »
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