Red Flags: Dating vs. Your Insurance Policy
Spotting red flags in dating? Easy. If they say “My ex is crazy,” run. But red flags in your insurance policy? Those are sneakier.
For example, does your policy have a high hurricane deductible that could drain your wallet faster than a bad first date? Or a Roof Schedule Endorsement? This is a fancy way of saying your insurance company has already decided how much (or how little) they’ll pay for your roof based on its age and material. If your roof is older, you might be left with nothing.
Tip: Check your policy for a Roof Schedule Endorsement. It typically includes a chart that determines how much coverage you get. If your roof is pushing retirement age, you could be in for a rude awakening.
Ignoring red flags in love is bad…ignoring them in your policy? Even worse. Stay tuned for more tips so you don’t get left out in the storm.