Homeowners get reminder to review insurance policies

07/16/2008 | Bloomberg

Most homes in the U.S. were underinsured last year, according to data compiled by Marshall & Swift/Boeckh. The issue stems from a discrepancy between the resale value of a home and how much it would cost to replace the home. As East Coast residents face hurricane season and California residents deal with wildfires, homeowners are encouraged to review their coverage.

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