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Time For Your Annual Insurance Review

MoneyTips

It is time for year-end reviews. Is your insurance coverage included on the review list? If not, it should be. Use this insurance checklist as a starting point to review your policies and address any gaps in your coverage, as well as potential cost savings.


Homeowner's Insurance

  • Change in Value – If your house has gained in appraisal value, the amount of your policy may not be enough to rebuild your home completely. Improvements or renovations that increase your home's value may require adjusting your insurance coverage through the same logic.

  • Extended Coverage – Do you have jewelry or other valuables that you would rather insure on your homeowner's policy than insure separately (or not at all)? Add any riders you need, and check th...

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