It's time for your annual insurance checkup

As you ready your home for the upcoming winter season, don’t forget to take the time to review your insurance policies as well. An annual insurance review each fall can help save you money and make sure you’re adequately covered in the event of a wintertime catastrophe.

Do you have flood insurance? Standard homeowners insurance policies do not cover damage caused by flooding. We can help you determine if flood insurance makes sense for you and your property. Typically, there’s a 30-day waiting period from the date you purchase flood insurance before your policy goes into effect. That’s why it’s important to think about that type of coverage before winter hits.

Are all of your valuables covered? Standard homeowners policies are subject to coverage limits. Do you know yours? Ask us if you have expensive items or collections of items in your home. If you have a lot of expensive jewelry, for example, you may need extra coverage. Do you have other buildings on your property or expensive tools? This is the time to make sure they are adequately covered as well.

Do you have a home inventory? Before your life starts to get really busy this holiday season, take a few minutes to walk through your home and record your valuables. Take photos and/or video, if possible, and list model numbers. Keep any receipts for major purchases.

It’s also a great time to talk to us about liability coverage. Liability insurance protects you from legal obligations arising from accidents involving people who aren’t a part of your household. Many people don’t purchase enough liability coverage with their homeowners or auto insurance policies. Questions? We’re here to help you.