Spring Clean Your Insurance Policies

Spring Clean Your Insurance Policies

This spring, aside from cleaning your home to perfection, make sure that you spring clean your insurance policies to pay only for what is necessary.

Spring may be the time in which we all take out our cleaning supplies, put on our apron and latex gloves, and clean our home to perfection. While spring cleaning is certainly important in its own right, there exists something else that requires your attention: your insurance policies. As your life changes, so do your insurance needs. When it comes to your insurance policies, you should make sure that you are only paying for what is necessary.

  1. Is your home covered for complete reconstruction?

Some people only have enough coverage to satisfy their mortgage payment. While it may appear like a sound plan, they are not considering the consequences of complete home-desolation. You have to remember the cost of clean-up, materials, and construction.

  1. Does your car really need comprehensive insurance?

If you’re driving a car that is worth less than $1,000, or less than 10 times that of the insurance premium, the amount you pay monthly may not really be worth it. You might want to consider dropping comprehensive or collision coverage from your policy to save money.

  1. Do you have enough liability insurance?

Auto and home insurance policies offer liability coverage which pays for bodily injury and property damage for which you are found at fault, or liable. Our society is a very litigious one, and it might pay to have additional coverage in case the accident is particularly bad.

Make sure that you are only paying for what you need when it comes to your insurance policies. Reviewing them at least once a year can save you hundreds. To learn more about how you can pay less for your auto insurance in Carlisle, Pennsylvania, contact Miller Insurance Associates.