How To: Updating Your Insurance For 2016
With the last few days of 2015 winding down, it is time to start looking forward to what 2016 has in store. As you finalize your resolutions, you should also make sure that you have the right insurance coverage to keep you financially protected. Use this guide to help you update your insurance policies for the upcoming year.
- Homeowners insurance – if you made any changes to your house, you will need to update your home insurance policy to ensure the coverage matches the value of your home. If you have not yet started your renovation project, you may still want to let your insurance agent know of your plans. Letting your agent know as soon as possible will help to prevent any gaps in your coverage. You should also take the time to update your home inventory to ensure it matches up with all of your personal belongings.
- Auto insurance – if you bought a new vehicle, your car insurance coverage will have to change. If your teen got their driver’s license, you may want to consider adding them to your existing policy since it may be more affordable (but still expensive) than getting them their own policy. If you moved to a new house and will now be parking your car in the garage, you should also let your agent know, since it may help you save on your coverage.
- Umbrella insurance – if you don’t already have an umbrella policy, you should consider getting one for 2016. With the number of lawsuits filed each day continues to rise, your existing liability limits can easily be reached. An umbrella policy can help to give you the peace of mind that you need to keep your finances safe.
For more tips on your insurance update for 2016, and for all of your California coverage needs, contact Remland Insurance in the City of Orange.