Home insurance is a must for anyone who owns the property. If you’re like most people, you probably don’t give your home insurance policy much thought until you need to use it. That’s why it’s important to review your policy regularly and ensure you’re getting the coverage you need. Consult with Kriener Insurance in Woodbury, MN for expert insurance advice.
Here are five questions to ask your home insurance agent at your next policy review:
1. What Coverages Does My Policy Include?
The first step in ensuring you have adequate coverage is understanding what coverages are included in your policy. Your home insurance agent should be able to go over each coverage with you in detail so that you understand what’s covered and what’s not. If there’s something you’re not clear on, don’t be afraid to ask for clarification.
2. Do I Need Any Additional Coverages?
Once you know what coverages are included in your policy, your agent can help you determine if you need any additional coverage. For example, if you have a high-value item like jewelry or art, you may want to purchase a rider to make sure it’s properly protected.
3. What Discounts Am I Eligible For?
There are several discounts available that could help lower your premium, so be sure to ask about any that apply to you. Some common discounts include bundling your home and auto insurance policies and installing security features like smoke detectors and burglar alarms.
4. How Much Coverage Do I Need?
Once you know what type of events your policy should cover, you need to make sure it covers enough. Start by getting a home inventory to get an idea of the value of your belongings. Then, talk to your agent about how much it would cost to repair or replace your home if it was damaged or destroyed by a covered event.
5. What Would Happen If I Needed to File a Claim?
No one likes thinking about having to file an insurance claim, but it’s important to know how the claims process works in case something does happen. Ask your agent about the steps involved in filing a claim and what documentation you’ll need to provide. Knowing what to expect ahead of time can help make the process as smooth as possible if something does happen.
Get Home Insurance Today
If you’re a homeowner, it’s important to review your home insurance policy regularly to ensure you have the coverage you need. Asking your home insurance agent the right questions can help ensure that you’re getting the best possible rate. Kriener Insurance in Woodbury, MN can help you review your home insurance policy and ensure you’re getting the coverage you need. Contact us today to get started.