Streetsmart insurance Blog
We want the best for our homes and that is why we beautify and improve them constantly. Alongside each new improvement is an increased value of the home and potential liability. Because of this, it is important to review your current insurance coverage to see if it still works for you. Although this entails long hours of reading complicated paragraphs to try and understand its technicalities, it’s sure worth your time.
Here are the top ten reasons why you need to review your homeowners insurance. We recommend reviewing your policy with your agent at least once a year.
1. Repairs and Renovations
As you want to keep your home well-maintained, repairs and renovations are acceptable. Just make sure that your policy is updated, too.
2. Barbecue Parties
Everyone loves hamburgers and hotdogs. But it can cause damage, worse, fire. Check if your house is fully insured under such circumstance. Remember to follow safety precautions.
3. Home Business is Your Business
Health concerns or whatever reason for working at home, be sure that your policy is also adjusted accordingly. Many insurers don’t insure home-based businesses, and you might need to find a separate one.
4. Now, I Have More!
Someone might have given you the best birthday gift ever, say, a sports car? Whatever it is, update your home insurance to reflect the renewed value.
Trampolines may be fun but definitely hazardous for unsupervised kids. Kids may be screaming their lungs out because of fun, but you wouldn’t want to be screaming because of fear when accidents happen. Double check if your policy covers such accidents.
6. Check out the pool!
Who doesn’t enjoy pool parties? But make sure that your insurance company knows about it to protect you from possible accidents.
7. I’m Engaged!
More than the guest list, home insurance is one thing to consider especially if you and your fiancé are moving in together. Once you move in, combined personal belongings add to the liability insurance. And you may want to review your home policy before the big day.
8. Be Armed and Guarded
One of the ways to protect your house is to add safety features such as alarms. If you make such add-ons, review your policy to make necessary adjustments.
9. Pets Inside the Home
Having a new pet means an additional member to your family. Inform your agent about the new addition to the family to better protect you and your home. No matter how cute they are, pets will always be pets.
10. My Home, Your Home
Most travelers now enjoy a comfortable home as accommodation during vacations. Before you exchange houses with fellow travel enthusiast, double check your home policy in case unfortunate events happen.
There is nothing wrong with a few changes in your home every now and then. And it’s the best reason why it makes sense to also review your home policy for your own protection. Streetsmart Insurance has its clients as their first priority with affordable rates and protective policies. To learn more about how we can help you please contact our agency at (732) 462-8343 or Click Here to request a free quote.