Is Your Insurance In Synch With Your Needs? (NAPSA)—A recent survey found that homeowners may want [| 26% much insurance they need. According to the Travelers InSynch Homeowners Insurance Study, conducted independently by Harris Interactive, nearly three in | to build up their knowledge of how Unsureif naturaldisaster coverage included Wi 42% Unsureif earthquake coverage included | 36% Unsureif hurricane coverageincluded 10 (27 percent) are not sure whethertheir insurancepolicy will | 26% rebuilding if the home is damaged. a 27% cover the replacement cost of At least one-quarter (26 percent) report they are unsure whether damage caused by nat- ural disasters is covered under their policy. Over one-third (386 percent) are unsure whethertheir policy will cover damage caused by a hurricane. Four in 10 (42 percent) are unsure about earth- quake damage, while one-quarter (26 percent) don’t know about flood damage. It’s not just risks that should prompt homeowners to reassess insurance needs. Potential in- creases in value may also be a factor. Many homeowners get insurance coverage when they buy a house but then don’t revisit their policy for years. Even home improvements can impact coverage—remodeling, installation of burglar alarms, and major purchases—but the survey suggests that few people make sure their insurance remains appropriate. The survey reaffirmed the value of working with an insur- Unsureif flood coverage included Unsureif their insurance will cover rebuilding One-third of homeowners don’t know whether their home insurance policy covers damage causedby hurricanes. changing needs. It’s all about managing risks and keeping your insurance in synch with your risks,” said Joseph P. Lacher, executive vice president of Travelers Personal Insurance. To help homeowners identify common risks, the company offers the In-Synch Challenge, a fun and informative game on www.travelers.com, that provides important risk mitigation infor- mation for homeowners. Visitors are asked to tour homes and businesses and to solve common problems related to risks that policyholders typi- cally overlook. For example, one game asks participants to correctly place smoke detectors inside a home. ance agent to make sure that coverage types and levels are where they shouldbe. “We are encouraging people to talk to an independent agent to Another challenges a home- coverage and to discuss their ily weather a variety ofrisks. get more information about their owner’s understanding of highworth items that can be found in the average living room. Keeping your insurance coverage up to date can help your fam-
