Conduct an insurance review to make sure you’re covered!
Now that the new year is well underway, it’s time to review your insurance policies! While it may not yet be time to renew your policies, the start of a new year is the best time to review your policies. Make sure you’re covered for all your needs with this insurance review checklist!
Look over your current coverage.
Know what your current policies insure! Life gets busy and sometimes we forget to review policies. Make sure that all your coverage suits all your needs! Sometimes we forget to report life changes and we’re exposed to coverage gaps. If you do find a lapse in coverage, it can be costly. Be sure to take care of it right away!
Review your discounts.
Ensure that all the proper discounts have been applied. Your loyalty will occasionally qualify you for additional policy discounts. When reviewing your policies make sure that all discounts that you’ve qualified for have been applied.
Just to make sure that you haven’t forgotten to cover something, make a list of all your valuables. That way you stay organized and know exactly what you need covered.
Consider additional coverage.
Sometimes your coverage doesn’t cover everything that you need insured. Additional coverage fills in those gaps. For example, regular homeowners insurance policy typically doesn’t cover flood damage. You need additional coverage to insure your home against floods!
Make changes if necessary.
Life changes and your coverage needs may have changed too! If your current policies no longer provide adequate coverage, consider changing policies. Be sure to shop around to find the best policy for you!
For assistance reviewing your insurance policies, contact the professionals at Young Insurance! Located in Burbank, California we serve all your insurance needs in Southern California.