When should you review your home insurance coverage?

Home insurance needs to grow and change as your home, finances, and needs grow. Different things may need to be added, and coverage may need to be changed. At Schneider Insurance Agency in Gahanna, OH we are here to help our customers understand the coverage that they have and to help determine if it is adequate. 

When to review your home insurance coverage?

When your policy renews

At the time when your home insurance policy renews, you will get a copy of your new policy. The front page is your declaration page that outlines your coverage. It is easy to look at all your coverage in one place. You can see your property coverage, your content coverage, your deductible, and any riders that you may have added to your policy. Make sure that all of these figures make sense. 

When you make alterations to your home

When you make major changes to your home, it is important to consider if your home coverage reflects that. When you have added square feet, you need to let your carrier know that. If you have a new roof, you may get a discount. If you add a home security system, that may get you a discount as well. 

When you get some new jewelry

The jewelry coverage on a typical home insurance policy is very limited. You will need to make sure that you have an appraisal of your new jewelry and then add a jewelry rider to give you the protection you need. 

When your liability coverage isn’t adequate

If your net worth has risen, you should increase the amount of your liability coverage. You may want to consider an umbrella policy as well. 

Give Us A Call

Contact Schneider Insurance Agency, serving the greater Gahanna, OH community, when it is time to review your home insurance policy. We can help you make sure your coverage is what you need.