Survey Finds Gap Between Home Protection Concerns And Consumer Actions
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To help homeowners prepare,
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As summer weather heats up and vacation travel season is in full swing, it's important to note the top five most common causes of homeowner insurance claims, according to
- Windstorm and hail
- Water (including air conditioning leaks)
- Home break-ins and thefts
- Fire
- Lightning
Local Concerns
- The most worried homeowners hail from the South Atlantic states, where 41% say they are extremely concerned about protecting their homes.
- But in the wild-fire prone West, only 28% of respondents care that much, according to the survey.
Generational Gaps
- In addition, Millennials are more likely to value their possessions every one to two years (at least the more expensive ones), but are less informed about what kind of protection they have. Less than half (47%) know their minimum deductible and fewer still (40%) know any details about their current coverage.
- Homeowners over the age of 55, on the other hand, are more aware of the value of typical household items, but are most likely not to have documented anything (56%).
Beginning in July and continuing through October,
For homeowners across America, everyone has the chance to get a lesson in protecting their belongings via an online game that challenges players to protect everyday items as well as valuables. To advance to the next level, players learn the importance of remembering to protect everything from kitchen utensils to appliances to artwork along the way. Daily sweepstakes prizes are awarded from
To learn more and view the complete rules for the Protect it Or Lose It sweepstakes, visit www.ProtectItOrLoseIt.com and get tips to ensure your family is protected in the event of a loss. The site includes links to
About the Survey
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SOURCE
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