When was the last time you had your insurance policy reviewed? If you haven’t had it reviewed in some time, you might want to consider it. Whether it be for your home or auto, reviewing your coverage will make sure you aren’t paying for more than you need, or that you’re getting the best rate.
First and foremost, always keep your insurance provider updated if you move. Most insurance companies still mail their clients, and you want to ensure you are receiving these documents.
Now, let’s discuss a few things that could affect your insurance.
Changes in Life
Did you get a new vehicle, an additional vehicle or someone new driving your vehicle? All of these are reasons to have your insurance policy reviewed. If you don’t take care of updating your policy and something happens, you’ll run into issues when it comes to trying to submit a form.
Whether it’s putting an addition or even updates to your house, you’ll want to update your policy for the fact that it could change the overall value of your house. Which means, if you don’t update and a tragedy happens, the amount of money your insurance provider pays out in the event of the loss will not factor those updates in.
Discounts and Increases
It is not uncommon for your insurance to increase every time your policy is renewed. What you may not realize is that if you review your insurance and get pricing from other companies every few years, it can help you save some money. Also, consider lumping all of your insurance policies together; some insurance companies offer a discount when you have several policies through the same company.
These are just a few things to consider when thinking about if you need to review your insurance policy. With it being the new year, now is a great time to review your policies. Give Rothenberger Insurance Services a call today to discuss further.
Rothenberger Insurance Services is a full-service insurance company that specializes in auto insurance, home insurance, life insurance and all commercial insurance services. We are located in West Reading PA and help many individuals and businesses in and around West Lawn PA, Wyomissing PA and Reading PA.
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