Secure Wealth Smartly with BiggerPockets Insurance Insights
Real-World Statistics and Examples
According to a recent study, 70% of Americans are underinsured, which exposes them to significant financial risk1. Furthermore, the Insurance Information Institute reports that the average home insurance premium in the U.S. is approximately $1,445 per year, which is a small price to pay for the protection it offers2. These statistics highlight the importance of evaluating your insurance needs and ensuring adequate coverage.