Once you enroll in an insurance policy, whether it is your home insurance or health insurance, it is easy to forget about it until you have to file a claim. However, taking the time to review all of your insurance policies can help to ensure that you have the right amount of protection for your lifestyle. There are many situations in which you should review your policies, including:
- When your insurance policy needs to be renewed – when it comes time to renew your policy, take the time to look it over, do not just send a check to the insurance company. Talk with your insurance agent if you have any questions about the coverage that your current policy is providing, or if there are any additional coverage options that you should invest in.
- If you made any renovations to your home – renovating your house will lead to an increased value, which means that your homeowner’s insurance policy should also be increased. Adding new safety features to your house will not only make it worth more, but it can also lead to discounts. Talking with your agent will help you decide just how much coverage you need.
- If you have a new baby – if you welcome a new child into your family, you will want to review your life insurance policy to make sure that you have enough coverage for your expanding family. The more dependents you have, the more coverage you want to provide for your loved ones when you are gone.
- Your teen starts driving – adding a teen driver to your auto insurance policy can be expensive. However, the more coverage that you invest in, the better protected they will be. Raising your limits can help give you the peace of mind needed when your teen gets behind the wheel.
When reviewing your insurance policies, contact the insurance professionals at Abbate Insurance in New Haven, Connecticut. As an independent insurance agency, we will work with you to ensure that you have the right amount of coverage, all at the right price to fit your budget.