Because your home is one of your most important assets, it’s important to take good care of it. However, there are times that you may not be able to control the condition your home is in, whether there’s property damage after a burst pipe or a bad storm, a burglary, or other unexpected house damages and losses. That’s why it’s so important to ensure you have proper coverage for your home through home insurance. It’s also important to review your insurance policy regularly.
Here are a few times you should plan to review your home insurance.
Annually: You should plan to review your home insurance policy at least once a year. That way, you can be aware of any potential changes in the policy and check that everything is still sufficient to cover your needs for your home.
When you change your home: You should also plan to review your home insurance policy when you make any changes to your home. This includes renovations, adding square footage, installing a new roof, etc. You will want to be sure that your insurance policy adequately covers and reflects those changes that you made for your home.
When your living situation changes: You will also need to review your home insurance policy if your living situation changes, if you move, for example.
When it comes time to review your insurance policy, you can turn to us at Morco Insurance Agency. We are happy to discuss the details of your policy along with your home and living situation to determine if you still have sufficient coverage or if you need a new policy.