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.
You probably don’t think about home insurance all that often. But the fact is, it’s one of the most important purchases you can make. After all, your home is likely your biggest investment. And if something happens to it — a fire, a burglary, a natural disaster — you’ll be glad you have insurance coverage. So, how do you choose the right policy for your needs? Schneider Insurance Agency in Gahanna, OH can help you navigate this important coverage.
Here are tips to help you choose the right home insurance:
1. Know What You Need
The first step in choosing the right home insurance policy is to know what you need. Every home is different, and every family has different needs. So, it’s important to sit down and consider what kind of coverage you need. Do you live in an area with high crime rates? Then you might want to consider a policy that includes coverage for burglary. Do you live in a hurricane-prone area? Then you’ll want to make sure your policy covers wind damage.
2. Consider the Cost
Of course, the cost is one of the most important factors in choosing a home insurance policy. Home insurance policies can vary widely in price, so it’s important to compare quotes from different insurers. When you’re comparing quotes, be sure to pay attention to the coverage levels. It’s not worth saving a few dollars on your premium if it means you’re not adequately covered in the event of a loss.
3. Read the Fine Print
When you’re comparing home insurance policies, it’s important to read the fine print. Every policy has exclusions and limitations, and you need to be aware of them before you purchase a policy.
Get Coverage For Your Home
Home insurance is one of the most important purchases you can make. And if you take the time to choose the right policy for your needs, you’ll be glad you have it in the event of a loss. So use these tips to choose the right home insurance for you. Schneider Insurance Agency in Gahanna, OH can help you find the right policy for your needs and budget. Give us a call today to get started.