Why you shouldn’t under-insure your home.

Your home is your greatest asset after your life. Under-insuring your home means devaluing it to save few bucks of premium. In case of any extreme emergency you have an option of loan against property that is a mortgage. Another thing is under insuring is a sign of dishonesty to the Supreme Authority (Government). Here in such a case of under insurance you wish to enjoy the privileges of the economically backward classes. It is a malpractice and hence should be prohibited. Another thing is if you under insure your home you may not get the right price incase you wish to sell your home.


Published by shreyasshamshrikant


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