It is quite easy for affluent families to make big mistakes with one of their largest assets: their
homes. That means it makes sense to examine your own situation to determine whether there are issues that you need to address before they become problems that can’t be solved.

In some cases, there are important issues that simply get overlooked. Often, however, the problems stem from an improper assessment of how much insurance you need—the result being insufficient coverage. That might be your fault, or it might be the fault of a property and casualty agent you work with. Regardless, you will end up being the loser if something bad happens and you are underinsured.