Time for an Insurance Review
The coronavirus has made one thing abundantly clear: We all need to be prepared for an emergency. Which prompts the question: When did you last review your insurance policies?
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You may want to make some changes to your auto, homeowners and life insurance policies in light of COVID-19. “You could be paying for coverage that you don’t need anymore, or you could be lacking coverage in some areas because of the pandemic,” says Carmen Balber, executive director at Consumer Watchdog, a nonprofit consumer-advocacy organization.
Auto insurance. Chances are you received a discount from your auto insurer automatically. In April, a number of large insurance carriers offered their customers discounts of, typically, 15%.
Many drivers realized they were
