Do You Have Enough Home Insurance? 3 Signs You Might Be Underinsured
Your home is likely your biggest investment—yet many homeowners don’t realize their policy may not cover the full cost to rebuild or repair after a disaster. At Greg Wilson Agency, we’ve seen firsthand how small coverage gaps can lead to major headaches. Here are three warning signs you might be underinsured and what you can do about it.
1. Your Coverage Hasn’t Been Updated in Years
Home values and construction costs have risen sharply in recent years. If your policy hasn’t been reviewed recently, it may no longer reflect what it would actually cost to rebuild your home today.
Tip: Ask your agent about “replacement cost coverage” vs. “actual cash value”—the difference can be tens of thousands of dollars.
2. You’ve Made Upgrades or Renovations
Added a new kitchen, bathroom, or even a backyard pool? That’s great for your home’s value—but if you didn’t notify your insurance provider, your policy might still reflect your home’s old value.
Tip: Always review your policy after major upgrades so you’re fully protected.
3. You’re Not Sure What’s Actually Covered
Many homeowners assume they’re protected against all kinds of damage, but standard policies have limits. Floods, earthquakes, and even some types of water damage often require additional endorsements or separate policies.
Tip: Ask your agent to walk through your coverage line-by-line—peace of mind is worth it.
Let’s Make Sure You’re Fully Protected
At Greg Wilson Agency in Glenpool, we believe your insurance should grow with your home. We work with top-rated carriers to ensure you have the right protection—without overpaying for things you don’t need.
Let’s schedule a free home insurance review today. Call us at (918) 291-8358 or get started online.
