Today we’re going to talk about whether you are fully insured for your property. Questions to ask yourself are- Have you recently made any improvements, like a kitchen remodel or adding a deck? These improvements increase the value of your property, and your insurance should reflect this. Also, have you acquired any new valuables? Your property insurance may not be enough to fully cover them. Another question is have you added a pool or a furry friend? You may need more liability insurance in case something were to happen. In addition, if you live in an area that is more susceptible to natural disasters, the standard policy you have might not cover it, and you may want to purchase additional coverage.
To save on insurance costs, don’t forget security systems. If you have one, you may qualify for discounts. You may also opt for a higher premium to decrease your insurance payment. It is a smart practice to annually review your home insurance policy.
Let us know any questions.
