2016 is here! As you make your new year resolutions, resolve to organize your insurance policies. While it might not be time to renew your policies, the start of a new year is the perfect time to review them! Reap the benefits of an insurance review with these helpful tips!
Avoid coverage gaps.
Chances are that your life has changed a bit in the last year. These changes may affect what your insurance covers. For example, as time passes the value of your home may increase. If your coverage isn't updated, it may lead to a gap in coverage. Be sure to report any changes in assets to your insurance agent.
Take inventory.
Keep a record of all your assets. That way you know exactly what you need covered and how to go about insuring all your assets! There are even apps that can make the process easy!
Know what your coverage provides.
If it's been a while since you last looked at your coverage, make sure you fully understand exactly what's covered! There may be something lacking that you need to fix.
Extended coverage.
While your insurance may cover the basics, you may be lacking coverage for extras. For example, your homeowners insurance may cover the structure of your home, but may not cover your personal belongings. If you need extra coverage make sure to talk with your insurance agent.
Discounts.
If you've had a policy with your insurance provider for quite sometime, you may qualify for additional discounts! When reviewing your policies make sure to look into whether or not you qualify for discounts. Keep in mind that additional discounts are usually given when you bundle your policies!
Need help reviewing your policies? The professionals at
Club Agency Insurance Brokerage can help! Located in Garden City, New York, we serve all your
insurance needs!
Contact us for more information.
