08.27.2025 By America Saves

Episode 23 - What Insurance Really Covers……and What It Doesn’t

When disaster strikes, insurance should be your financial safety net. But far too many Americans only find out after the fact that they’re underinsured or not covered at all.

When disaster strikes, insurance should be your financial safety net. But far too many Americans only find out after the fact that they’re underinsured or not covered at all.

In this episode, we’re joined by Doug Heller, Director of Insurance at the Consumer Federation of America, to help demystify insurance coverage. From homeowners and renters’ insurance to the realities of flood protection, we break down what every saver needs to know to avoid costly gaps in coverage.

In this episode, we discuss:

  • What your insurance policy actually covers, and what it doesn’t
  • Why many people are unknowingly underinsured
  • The surprising truth about flood and other disaster coverage
  • Tips to lower premiums and improve coverage
  • What to do if you can’t find insurance in your area

Listen now and grab our step by step guide to use when reviewing your own policies and protect your savings!

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