Policy Review Checklist: Stay Prepared for the Unexpected!
Life changes unexpectedly, and in the midst of these changes we often forget to make necessary adjustments to our insurance to ensure they are still protecting us in the event of an emergency. Whether it be having your first child, or upgrading your vehicle, it’s important to ensure your insurance policy reflects the additional needs so that you are ahead of the game at all times. Ask yourself, when was the last time you actually reviewed your policy? What has changed in your life that may warrant a discussion with your provider to make sure you still have the coverage you need?
Let’s look over some instances where a change may be needed!
Owning a home is an empowering experience! It’s yours, it’s personalized to your style and needs
and you want to protect it against unforeseen circumstances. Have you:
- Made any structural changes?
- Paid off your mortgage?
- Changed the dwelling value in any way?
- Added any employees to your home (au pair, nanny, housekeeper etc)?
- Had a significant life change like a death, birth or marriage?
- Bought a second home?
- Rented space out in your home?
- Made any updates to the plumbing, electrical, heating or roofing?
- Started a business in your home?
At Trusted Insurance Partners LLC, we want to make sure your policy is catered to protect you and your home and provide continued peace of mind. But, what about your car? Examples of things that may need to be updated on your auto insurance:
- You bought or sold a car
- Someone who doesn’t live with you is using your vehicle
- Paid off a car loan
- Changed your mailing address
- You’re using your vehicle for business purposes
- You drive for Uber, Lyft or another rideshare
- One of your children have moved out and taken a vehicle with them
- You have other recreational vehicles such as snowmobiles, boats, ATV, etc
On top of your current policy, it could also be beneficial to discuss additional coverages such as flood insurance, earthquake insurance, commercial insurance, or life insurance. We are here to provide you with all the information you need to make the best choice for you and your family, because at Trusted Insurance Partners LLC, you are important to us. Contact us today for more information!