I don’t like to focus too much on that bad things that might happen, but when something does, it’s nice to know I am well protected at least financially. Purchasing homeowners insurance is something that most of us do when we are escrow to buy a home and then forget about it. We automatically renew year after year without checking to see what we are really paying for.
United Policy Holders is a non-profit consumer advocacy group (headed by Client In the Know Amy Bach, as a matter of fact) that would encourage you to take a close look at your coverage at least annually. Many homeowners are underinsured and find out when disaster strikes that they don’t have essential or enough coverages.
http://www.UnitedPolicyHolders.org has information about all kinds of insurance – healthcare and auto as well as homeowner. For specific information about earthquake insurance, which is something many of you have asked me about over the years, check out this publication: http://www.unitedpolicyholders.org/pdfs/BigOne.pdf
As always, I’d love to hear what you think of this resource.