Is Your Home as Protected as You Think? It’s Time for a Policy Review
Across my 20+ years of helping business owners with their personal and business finances, I’ve gained many valuable insights on a variety of topics. I’ve come to realize that people often pay too little attention to their insurance coverages. In particular, many people fail to understand the importance of regularly reviewing their policies. This is especially true of homeowners insurance. If you haven’t taken a recent look at your policy, you could be setting yourself up for disastrous consequences.
Although you likely purchased an appropriate amount of coverage when you first took out your policy, property values tend to rise. The coverage you had on your home 10 years ago probably won’t cut it, today. Because real estate tends to ebb and flow, it’s a good practice to review your homeowners insurance coverage annually to ensure you’re adequately covered. So, what should you look for?
Property Damage and Loss
As you know, homeowners insurance
