Homeowners insurance from Cary-Wheeler & Associates Inc. protects you from the financial burden of damage caused by perils like fires, severe weather, burglary, and more. As a responsible homeowner in Richmond, VA, part of maintaining your home includes keeping your homeowners’ insurance policy up-to-date.
How often should you review your policy?
Personal Life Changes
Review your homeowners’ insurance policy whenever there is a change in your personal life. For example, getting married or divorced or having a child can impact your home insurance coverage.
If anyone in your household has a medical condition that requires regular treatment or medication, you’ll want to make sure that your home and belongings are sufficiently covered. You may also need to add extra coverage for high-value items like jewelry, art, or collectibles.
Updates to Your Home
You should also review your homeowners’ insurance policy whenever you make updates or improvements to your home. For example, if you renovate your kitchen or add a new deck, you’ll want to ensure that these updates are properly reflected in your coverage.
Additionally, if you’ve purchased any new expensive appliances or electronics recently, you’ll want to insure them for their full value in case they’re lost, stolen, or damaged. Many standard homeowners insurance policies have limits on how much they will pay out for certain items like jewelry, art, electronics, and more, so it’s important to check that you have the coverage you need.
Contact Us Today
As a homeowner in Richmond, VA, it’s important to keep your insurance policy up-to-date so that you’re fully protected in case of an unexpected event. Contact Cary-Wheeler & Associates Inc. at least once a year and anytime there is a change in your personal life or home.