In a recent article from Insurance Business America, it was revealed that a growing number of American homeowners are choosing to opt out of purchasing insurance. This trend has raised concerns among industry experts who emphasize the importance of protecting one's home with insurance coverage.
The reasons for this shift in behavior vary, with some homeowners citing financial constraints and others expressing a lack of faith in insurance companies.
Despite the reasons behind this trend, experts advise homeowners to carefully consider the risks of going without insurance and to explore alternative options for affordable coverage. It is crucial for homeowners to weigh the potential consequences of not having insurance and to make informed decisions about protecting their homes.
English (US)