Has Your Home Insurance Kept Up With Your House?
Home policies are easy to set and forget. Your house usually does not stay the same.
Most homeowners set up a policy once and never look at it again until a claim forces the issue. The problem is that homes change a lot faster than policies do.
Renovations Change What You Need Covered
A finished basement, a new roof, or a kitchen remodel all raise what it would actually cost to rebuild your home. Coverage set before the renovation may be underinsuring the part you just improved.
Rebuild Costs Move Even If Your Home Does Not
Construction material and labor costs shift over time. A policy set a few years ago may be based on rebuild costs that no longer reflect what contractors actually charge today.
Your Belongings List Gets Stale
New furniture, electronics, or anything acquired since your policy started may not be reflected in your personal property coverage.
When To Actually Do This Review
Any time you finish a renovation, at renewal each year regardless, and any time local rebuild costs have moved noticeably.
None of this requires switching carriers. Most of the time it just means adjusting numbers on the policy you already have, once someone actually looks at it.
Not Sure If Your Coverage Still Fits?
Send us your current policy and we will tell you if it has kept up with your home.