Confusion About Homeowners Insurance

May 13, 2013 at 06:25 am by bryan


A new report today finds many Americans are confused by homeowner's insurance.  Richard Davies has the results...

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VERBATIM: Most people buy home insurance coverage to give them piece of mind. But... (("We know that many people simply have no idea what's in their home insurance policies.")) Laura Adams of insurancequotes.com says there's confusion about mold damage (("Many people believe that mold would be covered under any circumstances and it's not.")) Especially if your home wasn't properly maintained (("When a mold claim is made what happens is they look at how did that mold get there.")) Many homeowners are confused about flood and earthquake coverage. Richard Davies ABC News.

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