A lot happens over the course of a year. You can have life changes – some great, some small and some relate directly to your insurance. Do you know when you should call your insurance agent and let him or her know that a fill-in-the-blank-life-change has happened?
When it’s time to update your insurance:
- Auto insurance: Did you purchase a new (or new to you) vehicle, or are you planning on it? Updating your insurance agent with these details will mean that your vehicle is properly insured should an accident occur. It is often required to show proof of insurance when purchasing a new vehicle, so letting your agent know ahead of time may save you a headache. Let your agent know if you move or if your commute is further or shorter. This may affect your insurance policy, as premiums can be influenced by your zip code.
- Home insurance: If you move or add elements to your home like a pool or trampoline, you should let your agent know. Are you planning on making home improvements after the New Year? Let your agent know! Not only can some improvements increase the value of your home, but you may need permits or a licensed and bonded contractor. Your agent may be able to assist you with that process. The beginning of the year is also a great time to assess your home insurance, schedule collectibles or other valuables to your policy and explore the need for additional insurance like flood or personal umbrella insurance.
- Personal information: Many of life’s great moments will involve your insurance agent. Your agent should be in the know if you get married, grow your family, have a teen driver or send a child off to college. There are crucial updates to your insurance policy that need to happen in many of these scenarios. Your agent can also assist you should your child need renter’s insurance while at college.
Insurance agents are more than just insurance providers. They can help you navigate the complicated insurance waters and make updating your insurance policies a breeze. Whether it be updating an auto policy, getting your college-bound child set up with a renter’s policy or making sure that you have additional home coverage with a personal umbrella policy, Higginbotham’s personal insurance advisers are here to help.