What follows: Four real-world scenarios. Four gaps that were entirely fixable — before the claim. Each one shows exactly what the client lost, what they should have had, and what the conversation looks like. This is what P&C planning surfaces. This is what advisors who run the report get to prevent.
The Hendersons had an HO-3 policy — the most common home insurance form in America. HO-3 covers personal property only against a specific list of named perils. A deer is not on that list. Their furniture, electronics, and appliances — $55,000 worth — weren't covered. They rebuilt their living room out of savings earmarked for retirement.
The upgrade from HO-3 to HO-5 costs roughly $150–$300 per year. For a client with $100k+ in home contents, that's a 200:1 protection ratio on a single event. Ask your clients when they last reviewed their policy form — most don't know which one they have. This is a 10-minute conversation no one else in their financial life is having.
At 52, Michael had $600,000 in investments and $300,000 in home equity. After the judgment, his attorney explained that taxable investments, home equity, and future wages are fair game. He liquidated $550,000 in investments — triggering capital gains taxes on top — to satisfy the judgment. His retirement timeline moved to 69.
A $1M umbrella policy costs $150–$300 per year — less than most clients spend on a single restaurant dinner. For any client with meaningful investable assets, the absence of umbrella coverage is a direct threat to the financial plan you've built together. This isn't an insurance sale. It's portfolio defense.
Their carrier had added an animal liability exclusion to their renewal three years earlier. They received notice in a 40-page renewal packet. The $80,000 came out of their home equity line. The endorsement to cover animal liability would have cost them $45 per year.
Dog bite claims account for more than one-third of all homeowners liability payouts — over $1 billion annually in the US. Ask every client who owns a pet whether their policy includes animal liability. A $45-per-year endorsement prevented an $80,000 out-of-pocket event.
The Nguyens had ACV — actual cash value — coverage on their personal property. That means the insurer pays what items are worth today, not what it costs to replace them. A 6-year-old TV that cost $1,400 is worth $175 after depreciation. Multiply that across an entire household and the gap becomes staggering. The family put $13,200 on a credit card.
Replacement cost coverage on personal property typically adds $50–$150 per year to a home premium. Ask clients whether they have ACV or RCV on their contents. Most won't know. That question alone positions you as an advisor who looks at their complete financial picture.
Your client uploads declaration pages directly, or uses Canopy Connect to pull them from their carrier. Documents land in the Insurance Report automatically.
HO-3 vs HO-5, umbrella coverage, liability exclusions, ACV vs replacement cost — flagged automatically, in plain language.
No insurance expertise required. The report translates findings into a clear picture of where coverage leaves their wealth exposed.
A pre-built letter goes with your client to their insurance professional — with the specific gaps and the right questions already written out.
Two paths in. Both land in the same Insurance Report. Covering 91% of the U.S. homeowners market and 96% of auto.
A complete coverage gap analysis — generated, not guessed. A professional-grade deliverable to share in your next client meeting.
Your client walks into their insurance review ready. Includes the specific gaps found and the recommended questions to ask. You stay in your lane.