It is critical that every homeowner or business undertakes an annual insurance review. Regular reviews are equally essential to ensuring that your policy continues to be a good fit for your coverage needs and budget.
In a single year, a lot can happen that can have a significant impact on your insurance costs, coverage options, and limitations, among other things. Among these are the following:
- Marrying or divorcing
- Children graduating from high school/empty nest/child off to college
- Beginning a new job
- Recruitment of new employees
- Purchase new commercial equipment
- Establishing a new enterprise
- Accepting elderly parents into your home
- The acquisition or receipt of an ostentatious gift
- Your immediate family member has died
- Mortgage repayment
Is this to say that I must immediately contact my insurance agent whenever I purchase new furniture or a family member moves in for six months? Not always. While more significant changes (such as marriage, divorce, or the purchase of a new car) should be reported immediately, items such as upgrading your home entertainment system or upgrading your sound system can be reported during your annual insurance review. Give us a call today; we are ready to review your coverage.
Metrowest Insurance offers a network of carefully selected insurance companies that includes some of the largest national carriers in the industry. Metrowest Insurances is passionate about providing customized insurance solutions to our clients. Nothing we do is “standard”. We understand each client is unique and deserves solutions that meet their needs.