Half of American homeowners don't know this— and it could cost them

by Policygenius
Share
More
Half of American homeowners don't know this— and it could cost them

A new Policygenius survey reveals that nearly half of American homeowners don't know how to calculate the amount of homeowners insurance they need.

This misconception can leave them underinsured in the event of a catastrophe — or paying for more coverage than they need. Check out the survey findings to see what else people got wrong about homeowners insurance — and learn how to ensure you have the right amount of coverage.

Want to get more money news in your inbox? Easy Money by Policygenius is a weekly newsletter with the money news that could affect your family's finances — and the money moves to make in response. Plus: expert tips, fun Money Gossip, and more.

Sign up for Easy Money.