You bought your insurance…auto, home, business, life, etc., and know you’re covered. From a money standpoint, you’re good with the premium. So, why bother talking to your insurance representative unless there is something specific to take care of? Let us show you why reviewing your insurance coverage annually is always a good idea.
Reasons Why it is Important to Review Your Insurance Coverage Annually
- Changes in your life can impact your needs, and you may not realize it;
- Insurance companies often come up with new coverage options that you should consider.
These life changes typically require an insurance change.
- Change in use of your home or auto – business use, rent a room, Airbnb, driving for Uber, Lyft, etc.
- Change in drivers having regular access to your vehicle – make sure everyone is covered, including new drivers
- Change in marital status or living arrangements – make sure everyone and all possessions are covered
- Change of jobs – change of life or disability benefits, starting a business, company car, etc.
- Birth or adoption of a child – reconsider life insurance needs
- Hiring a nanny or other home worker – consider workers compensation coverage
Learn More here – 10 Questions to Help You Assess Your Insurance Needs
Options You May Want to Consider or Reconsider
Auto
- Automobile accident forgiveness
- Disappearing deductible
- Transportation Network Company driver endorsement
- Umbrella extension of underinsured and uninsured motorist coverages
Home
- Home service line coverage
- Oil heat fuel remediation coverage
- Optional higher limits on mold protection
- Ordinance or law coverage – pays for building code upgrades required after a loss
At Murphy Insurance, we don’t believe in “set it and forget it” regarding your insurance protection. That’s why we send out information through newsletters, share information via our blog and social media, and send individual notices and other communications. We work diligently to stay in touch about specific issues you should consider or simply when we haven’t spoken in a while.
Ultimately, it takes you reaching back out to us to complete that loop and say, “Yes…I want to talk.” Without a conversation, we can’t know what may have changed that requires modification of your current insurance. If anything above indicates we should talk, please Contact Us by phone or email or visit one of our offices. Please don’t wait too long because you never know when something will happen, and we want your insurance coverage to protect you and your family.
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Visit Our Personal Insurance Page
Life is an ever-changing journey, and it deserves a thoughtful, comprehensive plan to protect the things and people that matter most. Our dedicated team at Murphy Insurance is here to assist you in creating that plan. With a wide range of product options at our disposal, we ensure that your plan is tailored precisely to your requirements. Our commitment to providing clear, intelligent guidance to help you achieve true peace of mind. Learn more about our personal insurance portfolio.
