Oftentimes homeowners and drivers will file their policy documents away (or worse, throw them in the trash) and pay them little mind until it comes time to pay the renewal premium. As a home, auto or health insurance policyholder this is one of the biggest mistakes you can make if you want to ensure you are adequately covered at all times.
As life changes occur, it’s always a good idea to think about how this may affect your insurance policies. For example, do you have a new driver living in your house? Better add them to your auto policy. Have you remodeled or upgraded part of your home? You’ll probably want to make sure your dwelling coverage provides for this. Do you have a new baby on the way? It’s a good idea to check your maternity hospital coverage.
Experts often agree that reviewing your policy every 6 months or so is recommended. This will help you catch any issues with your coverage that may have come up since your last renewal. Don’t hesitate to call your insurance agent if you have any questions about what is covered and what’s not. It’s better to be informed than to find out the hard way!
No comments:
Post a Comment