What does it actually mean to be underinsured?  Chris W: Being underinsured means you don’t have enough insurance coverage in your policy to fully protect against financial loss. When a claim happens, your insurance payout may fall short of the actual cost to repair,…

1. What disasters should homeowners realistically prepare for?  Walton: Homeowners face a variety of natural disasters depending on their location:  Because risks vary by location, disaster preparedness should be location-specific, and homeowners should work closely with their insurance agent to ensure…