It's a New Year and also the perfect time to review your insurance coverages. A quick glance at your policy will set your mind at ease for the rest of the year so you can get on to more important tasks. Your insurance needs change over time and you run the risk of paying too much or being underinsured if you do not review your policy annually. Consider the following when reviewing your insurance policy in the New Year.
ANNUAL INSURANCE REVIEW CHECKLIST
New drivers in the family: Has your teenager started driving? Do you have a new roommate or family member in the house? Maybe your younger driver moved out and got a policy of their own. In any of these cases you could save money in the long run by altering your car insurance policy so that you are properly insured.
Have you noticed a price increase in your premium: Some insurance companies will slowly raise premiums over time. Be sure to speak with one of our insurance agents to help evaluate your policy and find discounts where possible. We can also compare quotes from other insurance companies to find lower rates for you.
Have you changed where you park your car: If you have moved to a safer or less populated area of town then you may be at less risk of accidents, theft, or vandalism, which would make your rates go down. Be sure to tell us about your new address.
Are you bundling your policies: You will want to consider bundling your auto and home or renters policy to save money. Most times an insurer will give a bundle or multipolicy discount so large that it offsets the cost of a renters policy (think no additional charge for a renters policy). One of our agents can help you in bundling your insurance policies.
Change in your home value: Is your home still insured adequately or has inflation raised the cost to rebuilt? We are the experts on that. Ask us to review your homeowners insurance so you can be worry free.
Do you need an umbrella policy: An umbrella policy is extra insurance that goes beyond your auto and home coverages. We can help determine if you need this and find that best option for you.
Call one of our agents and we will gladly help you with your insurance needs. (855) 468-3696