As the warm weather of spring approaches, it’s time to start thinking about getting your financial house in order. One way to do this is to review your insurance coverage and make sure you’re properly protected for some insurance spring cleaning. Here are some tips on how to do a “spring cleaning” of your insurance coverage.
Review Your Policies
Take a look at all of your insurance policies – auto, home, life, health, etc. – and make sure you’re still happy with the coverage you have. Have any of your needs changed since you first bought the policy? Are there any new discounts or other benefits you can take advantage of?
Shopping around for a better price is always a good idea. Get multiple quotes and compare them side by side to make sure you’re getting the best deal. The internet makes it easy to compare prices and coverage options, so don’t be afraid to contact Hertvik Insurance Group to have us do the shopping for you!
Update Your Beneficiaries
If you have a life insurance policy, make sure the beneficiaries are still accurate. This is especially important if you’ve had any major life changes, such as getting married or having children.
Check Your Deductibles
Your deductible is the amount of money you must pay out of pocket before your insurance company will pay for a claim. Make sure your deductible is still in line with your current financial situation.
Review Your Home Insurance
If you’ve made any major changes to your home, such as a renovation or an addition, you may need to update your home insurance coverage.
These are just a few tips for doing an insurance “spring cleaning.” Taking the time to review your coverage and make sure you’re properly protected can save you money in the long run.