Underinsurance can mean that a bad situation quickly spirals into a disaster. Whether it's home, business, vehicle or otherwise, your current policies may be inadequate for your needs.
So, if you’re taking a risk by leaving yourself underinsured just to save a few pennies, you might want to consider how you’d fork out the added costs should you need to make a claim.
Luckily, knowing how underinsurance occurs, the risks involved and how to reduce them can help you get adequate cover in place to protect your pocket. Take a look at our latest advice to sidestep the unnecessary trouble of underinsurance: