Why You Should Do a Yearly Home Insurance Checkup

Now is the time in Southlake, TX to evaluate your home insurance and receive a yearly checkup of your insurance. A home insurance checkup helps to take a holistic look at a financial situation and the policy you have in place.

In order to do a yearly home insurance checkup, you need to check your coverage. The first part of this is to work with an agent at Kimble Brown Insurance Agency to look at your current policy. Make sure you aren’t underinsured. Many homeowners don’t realize that they are underinsured until after a disaster or incident has struck.

Here are a few things you want to discuss with an agent:

Does your policy have extended replacement coverage?

After a disaster, without this coverage, you may not have enough insurance to repair or rebuild your home. If you have made any improvements to the home, then you need to make sure there is enough coverage to replace the new features. If it has been years since you got your home appraised, then you can do this to help establish the amount of coverage you need. An appraiser can help calculate what it will cost to rebuild your home with similar features that are available in today’s market.

While doing a yearly home insurance checkup, make sure to keep a detailed record of the home’s content and unique features. Use video recordings and photos to show any designer features or other unique features. This can help if you do have to file a claim later on.

An insurance checkup can help you save you money to ensure that you are covered and aren’t overpaying for the coverage you need. A checkup can save you money immediately by lowering premiums if you are adjusting your coverage.

Contact Kimble Brown Insurance Agency, serving Southlake, TX, to get a quote on home insurance.