As homeowners, it’s crucial to understand the importance of having the appropriate insurance coverage for your property. Centennial Roofing believes it’s essential to ensure your property is insured for the right amount and that property owners understand the potential risks of being underinsured.
Coinsurance penalties and how they can impact your financial well-being in the event of a loss. We’ll explore the consequences of falling short of the required coverage percentage and the formula used by insurance companies to determine payouts. An annual policy review with your insurance agent is crucial to keeping up with inflation and adjusting your coverage accordingly.
Protecting your investment goes beyond just installing a reliable roof. Adequate insurance coverage is essential to safeguarding your property against unforeseen circumstances. Don’t leave your financial security to chance. Contact Centennial Roofing today to ensure you have the right protection for your home.