Annual Homeowner's Insurance Checkups

It's a good time to start thinking about “checking in” on all of your insurance coverage policies. Events such as major life changes or natural disasters may drastically alter insurance needs, so it's a good idea to give your insurance agent a call annually in order to ensure that you are getting the best coverage at the best rate. The Insurance Information Institute has some good thoughts on this important upkeep including an often asked question, "What is homeowners insurance?": All homeowners insurance policies provide basic financial protection against losses arising from a fire, windstorm or theft. However, individual insurance companies differentiate themselves by offering an array of coverage options to suit the varied needs of their customers. So it is important to review the different options and decide what is right for you, according to the Insurance Information Institute (I.I.I.). “Just like we do an annual physical checkup, we should also take care of our financial health and that includes talking with our insurance agent every year,” said Loretta Worters, vice president of the I.I.I. “It also means being our own advocate, taking the time to read our policies and not just shove them in a drawer,” she added. “Over the years our lives change. Some of us get married, have children, divorce. These life stages can have an impact on our insurance coverage.” Every year take the time to ask yourself this basic question: How much homeowners insurance do I need?" If you'd like to find out more about our homeowners insurance, check out our section of the site where you can get FREE quotes for homeowners insurance.