Let’s protect one of the biggest investments you’ll make in your lifetime
The AVMA Trust is here to protect you throughout your veterinary career. But did you know the AVMA Trust offers personal insurance like homeowners, renters and auto insurance to all AVMA members and their employees? If you currently own your home, we wanted to share this resource to help ensure your home and belongings are protected.
For all that you pay to protect your home, are you sure that you have the right coverage that’s sufficient for every contingency? More than that, do you have the right amount of coverage so if something catastrophic happens, you can recoup without decimating your finances?
The fact is that three of every five homes in the U.S. are underinsured by an average of 20% below the full value of its assets. If you’re among them and also live in an area prone to the rising number of natural disasters like floods, tornadoes, hurricanes and wildfires, your risk exposure increases exponentially. To evaluate the sufficiency of your homeowners insurance policy, consider what determines the level of protection you need for each category of coverage:
- Property damage
- Additional living expenses (if home is rendered uninhabitable due to an accident or natural disaster)
- Personal liability
- Medical payment coverage