Add "Insurance Review" to Your Back-to-School Checklist
Going into a new school year can feel like stepping off the diving board and hoping you float. With dozens of things on your plate, you may think that reviewing your insurance policies is a task to push off for later. But, now is the perfect time to make sure all of your insurance policies are up-to-date and that they offer adequate protection for the year ahead.
Why Do I Need an Insurance Review?
Every household should review their insurance policies at least once a year. Other big life changes may require an extra check-in, but an annual review should be your minimum goal.
In these reviews, your home and other assets can be reevaluated to make sure your policies are offering you the proper coverage for what you own. Changes to your home, including renovations both inside and out, can make drastic changes to your home’s overall value.
In case of an emergency, it’s important to make sure that your policies account for these changes. Without regular updates to your policies, you can end up in a sticky situation where you are unable to receive proper compensation for what is lost.
New valuables introduced to your home should also be included within these policy updates. If you acquire any expensive jewelry or other valuable assets, you want to make sure that your insurance policy includes them in case of unexpected loss.
How Do I Get an Insurance Review?
While an insurance review may sound like a complex and involved process, a simple meeting with your agent can make sure everything is in good shape. In just one conversation, you can evaluate the extent of the protection your policies offer, and confirm whether or not you’re comfortable with where you stand.
Ask questions about possible discounts, new home updates, and any other concerns you may have to keep things going. Your agent should know this process like the back of their hand, but it’s important that you feel informed and confident in the outcome of this review as well.
Where Can I Get an Insurance Review?
As always, our team at the Gretchen Rehm Financial is here to help guide you through all of your financial and insurance needs. Our friendly reps are available for online or in-person appointments to make sure your insurance policies are up-to-date.
We are a team of financial professionals who are excited to work alongside you to provide helpful advice with smiles on our faces. Bring your questions and insurance needs to us, and we’ll take care of the rest!
Book an appointment with a team member to get started.
