It’s important to review your home insurance policy periodically. This review can help ensure that you have adequate coverage and refresh your understanding of what your policy does and does not cover. At Pizano Insurance, servicing Wayzata, MN, we can assist you in reviewing your home insurance policy.

The Importance of Reviewing Your Home Insurance

Reviewing your home insurance policy serves several purposes:

• Ensuring adequate coverage: If you’ve recently made changes or upgrades to your home, your home’s value may have increased enough to warrant an update to your insurance coverage. Additionally, consider inflation. If the cost of repairing or replacing a home damaged in a covered event has risen significantly, you may need to increase your coverage.
• Familiarizing yourself with your policy: Reviewing your insurance coverage is the perfect opportunity to become more familiar with your policy. This can help you decide if your home insurance is sufficient or if you need additional insurance policies to supplement it (for example, you may decide to add flood insurance or an umbrella insurance policy).

How Often Should You Review Your Home Insurance?

It’s advisable to review your home insurance annually. Some people do this shortly before their home insurance policy renews, while others do it at a specific time of year, like the start of the year.

What’s the Process for Reviewing Home Insurance?

To review your home insurance, go through your home insurance policy. Call your insurance agent if you don’t have these documents on hand. The agents at Pizano Insurance, servicing Wayzata, MN, can help you review your policy, answer questions about your policy, and provide an updated copy of your policy if needed. Call today.