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
Non-Profits Need Protection Too! Safeguarding Your Good Works with Insurance
Non-Profits and Insurance: Myths Busted! Protecting Your Good Works
Beyond the Grave: Burial Insurance vs. Life Insurance Explained
Don’t Be Buried by Confusion: Understanding Burial and Life Insurance
Cracking the Code: Your Car’s VIN and What It Means to You
VIN Decoder Ring: Unveiling the Mysteries of Your Car’s Identification Number
The Aftermath: Proving Your Possessions After a Disaster
Homeowner’s Insurance Hero: How to Prepare for a Claim Before Disaster Strikes
Lost in Translation: Skills of the Past That Young People Might Miss Out On
From Fax Machines to Fancy Footwork: 6 Skills Younger Generations Might Not Have
Beyond the Box Truck: When Does Your Business Need Special Vehicle Insurance?
Business on the Move? Don’t Get Stuck Without the Right Vehicle Insurance
From Bronze Age to Boomers: How Life Expectancy Went From Meh to Magnificent
How Long Will You Live? A Look at Life Expectancy Throughout History (and Why You Might Need Life Insurance)
From Chauffeur to Cheerleader: The Teen Driver’s (and Parent’s!) Guide to Car-Buying Chaos
Teen Driver on the Horizon? This Guide Will Steer You Through Car-Buying Chaos
When Branches Become Brawls: Who Pays When a Tree Attacks Your House?
Neighborly Nightmare: Tree Trouble and Your Homeowner’s Insurance
From Pet Rocks to Pokémania: A Funtastic Journey Through 50 Years of Fads
A Look Back, and a Look Forward