5 Ways to Refresh Your Insurance Plans This Spring

by Travis Etheridge

With winter headed out and spring reaching its peak, now is the ideal time to tidy up around the house. When it comes to spring cleaning, don’t forget the details! Spring is also a perfect time to double-check your insurance policy. You’ll want to make sure your coverage suits your needs for the coming year. Making those adjustments now and save yourself from trouble down the road!

Let’s take a look at 5 common situations that can affect your insurance and how to deal with them, this spring season:

1. I want to renovate this year. How does that affect my insurance coverage?

You can check over your policies if you’ve recently made home improvements or intend to this year. In the event of a catastrophe, if your policy is out of date and doesn’t accurately reflect your current home, you risk not being reimbursed for the full cost of rehabilitation and repairs. Always review the policy with your agent before making those types of adjustments.

2. I have a big adventure planned…How can I be sure I’m protected?

Perhaps you want to go on a long hiking trip or take a flight to an international city. Before you leave, taking a close look at your insurance options is a very smart idea. Travel insurance can assist in covering the cost of your trip and even medical bills you could incur during your travels. When you’re far from home, you’ll want that peace of mind.

3. Will my home be protected if I rent it out this Summer?

If you’re planning a vacation that involves renting out your own home while you’re gone, you’ll want to consider your insurance plans. Losses sustained during the rental period may not be protected, depending on your homeowner’s insurance policy. Make sure to check with your carrier to see if additional coverage is necessary.

4. Do I need to revisit my life insurance plan?

Life insurance policies are often overlooked when it comes to updates, but they should certainly be no exception! It’s worth it to take a little time to make sure your policy is accurate. Have you recently had any life changes? Buy a new home? Have a baby? Double-check that these changes are notated in your life insurance policy and suit your ideal coverage.

5. Will my auto insurance cover my road trip?

If you’re thinking about a road trip in the near future, you’ll want to make sure you and your vehicle are fully covered. Now is a great time to fully review your car insurance policy. Thinking of renting or buying an RV for the trip? Your carrier can assist you with additional coverage to set your mind at ease.