Insurance blind spots: 5 coverage gaps that could cost you

In most states, auto insurance is required. If you own a home and have a mortgage to pay off, you’re likely required to have homeowners insurance. You may think these coverages are enough to manage your risk, however, there are some areas that aren’t covered by more common insurance products.

These gaps could leave you and your family vulnerable to large expenses. The Herald-Whig examines 5 common coverage gaps that could cost your family a lot of money:

Yet only 12 percent of homeowners nationwide carry flood coverage , an Insurance Information Institute poll found. Homeowners insurance doesn’t …

Read the source article at Herald

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