"As a renter, you might have a renters policy with $20,000-$50,000 worth of personal property. AS you go to a home, now you are buying more furniture, dishware, outdoor lawn equipment and furniture, so the value of everything you own goes up dramatically," said Andrew Leeds of Plymouth Rock Assurance. (Credit: Freedomz/stock.adobe.com)
During the past year, a lot of first-time homebuyers purchased insurance coverage online, increasing the potential for misunderstandings on what a policy might or might not cover.
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
