Tips to navigating insurance coverage for extreme weather

The video discusses the increasing frequency and cost of climate disasters in the US, highlighting the inadequacy of current home insurance policies to cover all costs. Mark Friedlander from the Insurance Information Institute explains the importance of updating replacement cost coverage and understanding policy details, especially in hurricane-prone areas. He emphasizes the need for annual policy check-ups and the addition of flood insurance. The video also covers the significance of understanding deductibles and recommends insurance upgrades to ensure comprehensive coverage.

What is one of the biggest gaps in standard home insurance policies that homeowners often overlook?

What types of insurance upgrades are recommended for homeowners, especially during hurricane season?