72 percent of participants of a Forbes Advisor survey don't know what their coverage gives them.
According to the survey, homeowners don't realize that their home insurance policy provides more coverage than just protecting their house and belongings against damage or theft. It stated that 72 percent of the respondents didn't know that their policy includes liability coverage.
Homeowners have a great deal more coverage through home insurance than they realize.
Seventy one percent of home insurance customers think their policies will pay for vehicle damage if it occurs on the property, such as if it is affected by a house fire.
Talk with your insurance professional to understand your policy more.