How often should I review my insurance policy?
Review your homeowner's insurance policy at least once a year and whenever you make significant changes to your home. Annual reviews ensure your dwelling coverage keeps pace with inflation and construction costs. Also review after major renovations, purchasing expensive items, adding a home business, or changes in your family situation. Your agent can run a coverage check to confirm your limits are adequate. An annual review takes just 15 minutes but can save you from being seriously underinsured.
Why It Matters
Your home's value and your coverage needs change over time. An annual review prevents gaps in coverage and ensures you are not paying for coverage you no longer need.
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