When it comes to a New Year’s resolution, making a year-end home insurance review becomes an important aspect of protecting your property.  

You see, without an annual review, you may be setting yourself up to overpaying for coverage you do not need or gaps in coverage that may lead to inadequate protection should you file a claim.

Making an insurance review just prior to the onset of the New Year, helps you revise your coverage to suit your present situation and needs. It begins with walking through your home to add any items of value not already on your inventory of things. It is completed by showing the list to an experienced and knowledgeable insurance agent and discussing any other changes that will help you determine if your current policy needs an upgrade of coverage.

When speaking to your independent insurance specialist, you will want to mention important issues.  

• If you have made any indoor or outdoor renovations or added square footage to your home you will likely need to add coverage.
  
  
• If you have updated home wiring, heating and/or air conditioning or plumbing systems or roofing, you may be awarded with a reduced premium.

• The same holds true with installing a security system.
  
  
  

Once your agent makes an analysis of today’s market value in relation to your home and location, along with the new information you have given, including your updated inventory list and any home construction and improvements, you will be given the professional advice about the best choices in coverage and premium options.

PRIME Insurance is a three-generation family-run independent agency. We’re proud to partner with many of the leading underwriters – recognized companies like ACE, AmTRUST, ASI, ASSURANT, CHUBB, CNA, Employers, FOREMOST, Liberty Mutual, MetLife, PROGRESSIVE, Safeco, StillWater, Travelers, USLI, ZURICH and more. This gives us the ability to provide all forms of nationwide coverage and bonds at competitively lowest quotes. Visit us on our online insurance website or email us at PRIME [at] primeins [dot] com or call us at 732-886-5751 and HAVE A PRIME DAY™!

Summary: Learn the importance of making an annual year-end home insurance review and how to go about it.