When did you last Review your Home Insurance Policy?

When was the last time you reviewed your home insurance policy? It may have been some time a while ago, particularly if life has been hectic. Finding a spare half hour to go through paperwork may not have been high on your priority list.

However, all chaos aside, this is a job that can’t be put off forever. Part of what might have been keeping you busy may have been setting up that home gym in the garage, or equipping the shed with new tools for the garden and home maintenance. Have you thought about how much you spent on all of that gear? Unless you adjust your insurance policy, you might find yourself having to dig back into your pocket to pay for the replacements if something happens and they’re stolen or damaged.

All sorts of things can impact your insurance, and it’s not just big things like renovations. You may have installed a swimming pool this summer, which will increase your liability risk, so you’ll need to inform your agent.

Don’t let your life take over the nuts and bolts that you need to attend to so that that your lifestyle is financially protected. You might find it worth your while to call your insurance agent if it has been a while since you reviewed your coverage. There may have been changes and new products that are available that might suit your situation better.

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