Underinsurance Archives - United Policyholders

August 15, 2022

Why didn’t Marshall fire homeowners have enough insurance? Watchdogs blame industry software.

In 2021, a Louisville couple bought $419,000 worth of insurance coverage for their home, based on their agent’s recommendation. Now, that policy payout is only providing about half of what they need to rebuild the house they lost in the Marshall fire. In a lawsuit…

May 4, 2022

Two-Thirds of Homeowners Underinsured for Wildfire Loss

Regulators, insurers & advocates work to close gap in wildfire loss coverage By: ELIZABETH FESTA As wildfires continue to grow in size and expense while ravaging or threatening residential areas, insurers and policy advocates are warning that roughly two-thirds of homes are underinsured. This means…

March 25, 2019

UP presentation to state regulators on Disasters and Insurance – Marketplace Gaps and Fillers

In this Power Point, UP Co-Founder Amy Bach and Professor Peter Kochenburger, (U.Conn Law) presented points to state regulators on the topic of insurance gaps that surface after disasters, and products to fill those gaps that may or should be available in the marketplace. November,…