Retirement looming? Beware of Senior Scams
As you approach retirement you will probably be taking stock of your finances. You might be downsizing your house, moving to your dream retirement town, buying a boat or any number of other plans you’ve had on the backburner for years. Seniors are unfortunately a target for many scam artists so when it comes to protecting your hard-earned life savings and getting the best from your California home insurance, it pays to be cautious.
The best thing you can do is research, research and more research. Deal only with trusted, well-reviewed companies and stay money savvy when it comes to investments, purchases or other financial transactions. Speak to friends and family and also seek professional advice. Never be rushed into signing something and never give personal details out over the phone unless you have initiated the call to a trusted company. Be aware of internet security, and maintaining digital privacy. When it comes to your insurance, keep an eye on the California Department of Insurance website, which issues scam alerts for seniors. It might also be worth subscribing to their email alerts to keep you notified and alert to new scams.
Retirement is a time to celebrate and with careful and thorough preparation, you’ll be in the perfect place to make the most of every day of the rest of your life. In the event that you are moving, making large purchases or changes around the home, speak to your California home insurance provider or one of our agents to ensure you are fully protected in the event of any disaster.