Data from a new study conducted by Insurancequotes.com reveals that customers don't fully understand their own insurance coverage. The study sought to test consumer knowledge on health, home and auto insurance, and the results provide evidence that many customers are misinformed.
Not knowing what is covered and what isn't may end up hitting some consumers' wallets.
|Homeowners insurance myths
Among the key findings of the study, when it comes to homeowners insurance, 62% of Americans do not know that theft of items from a vehicle is covered by a standard homeowners or renters policy.
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Danielle Ling
Danielle Ling is an experienced video journalist and business reporter. As associate editor, Danielle manages all multimedia and reports on industry news and risk-related coverage, managing all weather-related content. A University of Maryland and Philip Merrill College of Journalism alum, Danielle previously served as a video journalist for Verizon FiOS 1 News NJ, Push Pause. Connect with Danielle on LinkedIn or email her at [email protected].
