Re-Evaluating Your Homeowners Insurance
Re-Evaluating Your Homeowners Insurance
One common question we get asked about homeowners’ insurance is how often it should be reviewed. You should have an independent insurance agent review your policy at least once a year. That may seem frequent, especially if you’ve never reviewed your policy since you bought your home.
Reviewing your policy annually ensures that your policy is keeping up with your home and that you are not overpaying. But it is also important to contact an independent agent for a review if there have been some significant changes to your home or your personal life. Here are some examples.
You Build an Addition
Adding a room to your home adds square feet and will likely increase the value of your home. Other significant improvements may impact your coverage as well, including a major bath or kitchen remodel. Considering adding a pool or spa? Contact an independent agent to see its impact on your coverage.
Getting Married
When you get married, you are merging households, including personal belongings. You want to make sure you have sufficient coverage for your home’s contents.
You Inherit a Property
If you inherit a property, you’ll want to make sure it is properly insured for both the short and long term, should you decide to keep it. Keep in mind that home insurance rates can change depending on whether a house is a primary residence, a rental or income property, or a vacation home. Your independent agent can help guide you through this.
You Improve Security
Some companies may offer discounts for upgrading the security of your home. If you have contracted for monitored security of your home, purchased a new security and/or alarm system, or added more secure windows, contact an independent agent to see if you qualify.
Home insurance is perhaps the most neglected of all insurance coverage. You could be making unnecessary changes or even overpaying for your home insurance. If it has been too long since you’ve reviewed your homeowners’ insurance, we invite you to reach out to us for a no-cost, no-obligation review and price quote. It’s the right thing to do.
Do you have questions about your insurance? Find an insurance agent near you with our Agent Finder
Search All Blogs
Search All Blogs
Read More Blogs
The Uninsured Gap: Why Small Businesses Are Missing Crucial Protection
Why small businesses need more insurance.
Beyond “How Was Your Day?”: Engaging Your Kids with Deeper Questions
Get your kids talking with these open-ended questions.
The Rise and Fall (and Possible Return?) of the American Minivan
The minivan’s journey: from family icon to potential comeback.
Out with the Old: 7 Home Upgrades That Pay You Back
Upgrade these 7 outdated home features now.
America’s Linked Cities: Six Communities Forever Entwined
Discover America’s famously linked cities.
Navigating Price Increases: How to Retain Customers During Inflationary Times
Retain customers during price increases with these tips.
Beyond the List: What Your Bucket List Really Says About You
The hidden meaning and power of your bucket list.
Taking the Wheel: How You Control Your Car Insurance Costs
Control your car insurance costs with these tips.
Beyond the Walls: Maximizing Your Home’s Outdoor Living Potential
Unlock your home’s outdoor living potential.
The Welcome Mat: 5 Surprising Values of Your Home’s Unsung Hero
The surprising value of your welcome mat.