Ask these questions to help you find the insurance coverage you need.
With only two more days in 2015, it is time to start looking forward to the new year. While making any last minute resolutions, resolving to look over your insurance policies should be at the top of your list. Taking the time for a 2016 insurance review can help to ensure you have the coverage you need for the upcoming year.
Ask yourself these questions when reviewing your insurance coverage limits to ensure they are where they need to be.
- Could I rebuild my house? Your home insurance policy should provide enough coverage to completely rebuild your home if it is destroyed by a covered peril. If your home is only insured for the current market value, you will most likely need to increase your coverage.
- Did my teen get their license? If your teenager got their driver’s license, they will need to be added to your existing auto insurance policy or invest in a policy of their own. Even though adding them to your policy can be expensive, it will typically be more affordable than getting them their own policy.
- Did my family expand? If you welcomed a new child into your family, or are expecting one soon, it is time to look at your life insurance policy, or invest in one if you haven’t already. Your life insurance can provide the financial protection for your loved ones after you are gone, so make sure your coverage limits can provide the protection your family deserves.
For all of your insurance coverage needs heading into 2016 and throughout the year, contact the insurance professionals at North American Underwriters. Serving Farmville, Plainville, Bristol, and surrounding Connecticut areas, we will help you find the policies that meet your specific needs, all at the right price to fit your budget.