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Property Update
Trends
- 1Many homeowners unknowingly lack adequate insurance coverage▼Many homeowners have a big insurance coverage gap — and don't even know it
CNBC reports that many homeowners are carrying a large gap in their insurance coverage without realizing it. Homeowners may believe their policy fully protects their property, but rising rebuilding costs and policy limits can leave them underinsured. The article urges homeowners to review their coverage levels and update policies to reflect current replacement costs.