It is a good practice to review your insurance plans at least once a year, ideally a few months before an annual renewal. Asking whether a change of insurance companies or whether your current company can offer you a better rate by giving you discounts for a good driver or low loss history or for bundling products such as adding automobile insurance to an account with a homeowners plan can help lead to savings.
We are constantly bombarded with advertisements that recommend review of pricing of insurance plans. However, we recommend that the review go deeper. This review should consider specific coverage details and discounts. It should also consider whether you are eligible for benefits under an affinity program such as a program available only to persons currently serving in the military or veterans or to retired persons.
In addition to an annual review it is important to review coverage whenever you or your family undergoes change such as an adoption, birth of a new child, marriage of a grown child, loss of a family member, divorce, etc. Sometimes specific circumstances warrant an increase in coverage and other times a reduction is advisable.
Our insurance agents are happy to help you review your coverage needs and to recommend adjustments aimed at reducing your costs and improving your coverage.