Several recent industry articles have noted that many personal and commercial properties are potentially vastly undervalued and underinsure. An article for GenRe, authored by James Kenworthy and Shannon Dowd, reported that upwards of 60% of homes and 70% of commercial buildings are undervalued – primarily because the cost of building materials has risen significantly over the last 6-12 months.The GenRe article and a recent Wall Street Journal article noted the following: