When was the last time you had a checkup? A homeowner’s insurance checkup, that is. For your financial health, it's important to make sure that costly coverage gaps haven't developed since you purchased your homeowners policy.
Gaps in your homeowners insurance coverage often result from changes in your home or possessions over time. For instance, you might decide to add on a deck, or you could inherit a valuable piece of art from a relative. Even the normal possessions you accumulate gradually can add a lot to the value of your home's contents. By reviewing your needs regularly, you'll keep your insurance up to speed with these or other changes and avoid being underinsured.
Evaluate your liability exposures. Does your homeowners insurance policy offer enough liability coverage for your needs? An expensive lawsuit could result from an injury on your property or damage to the property of others. A personal umbrella may be a consideration.
A regular homeowners insurance checkup is a simple preventative measure that can spare you the financial pain of being underinsured. We're always here to answer your questions, as well as to help keep your insurance plan in good health.