It’s a surefire sign that spring has finally arrived when residents across Ashland County come out of hibernation, and put piles of junk on the side of the road for spring cleanup. Along with getting rid of junk, spring cleaning also involves jobs like cleaning out gutters, repairing siding damaged during winter, and sprucing up paint and landscaping. Don’t miss out on the chance to also give your insurance portfolio a good spring cleaning.
Here’s what you should do when you meet with your local, independent insurance agent to assess your existing coverage and identify gaps.
- Evaluate auto coverage. Do you have a new driver in the home? Did you finally pay off one of your cars? When was the last time you checked if you qualified for discounts like AAA or low mileage? Make sure your policy addresses any recent changes.
- Check home insurance. Reevaluate your policy coverage. Is it enough to cover home replacement, and no more? Has the value of your home gone down or up? Do you have the contents covered, so that you can replace your furniture and personal items if there’s a fire? Do you need to schedule newly purchased valuables?
- Check for a better price. Do you qualify for discounts for holding multiple policies? Can you raise your premium? A local insurance agent can access policies and prices from multiple insurance carriers, who may have updated their policies. Checking regularly for better coverage or a cheaper price may result in savings.
- Keep good records. You never know when you’ll need to access legal or insurance documents, sales receipts or invoices. Spring is a good time to take all of your records out and organize them. Consider filing important documents in a fireproof safe, or uploading them to a cloud-based storage provider.
If you have questions about this type of coverage, or you’d like a professional to review your insurance portfolio and assess your existing policy coverage, contact the insurance specialists at Spreng-Smith Agency. We serve consumers, businesses and nonprofits in North Central Ohio.
Tell us: When was the last time you thoroughly reviewed your insurance portfolio with a professional?