Make Sure You Have Appropriate Coverage

  1. When your policy comes up for renewal
    Don’t automatically send a check to your insurance company. Take the time to    review your coverage and call your agent with questions or concerns that you have regarding your homeowners insurance. Ask yourself the following questions:

*  Has the company made any changes in coverage since last year?

*  Should I raise the deductible to save money or comparison shop for cheaper rates?

*  Am I taking advantage of all available discounts?

*Do I need to raise the amount of coverage for liability, personal posses sions/structure? add earthquake coverage? add an umbrella policy?

  1. When you’ve made major purchases or alterations/improvements
    Ask your agent about either increasing the amount of insurance you have for your personal possessions or purchasing a floater/endorsement for these items which will give you higher and broader coverage for these items than you have under your homeowners policy.
  2. When you’ve increased the square footage of your home.
    Report the updates to avoid being underinsured. Keep receipts and records in case you need to forward copies to your company.
  3. When you’ve made your home safer.
    If you have installed a state-of-the art fire/burglar alarm system or upgraded your heating, plumbing or electrical system, make sure that your insurance company knows about these improvements. You may qualify for a discount.
  4. When you’ve purchased a 2nd home or investment property.
    Sometimes your current home policy may not be the best fit for another property you own, make sure your shop your options before closing on your next home purchase.
  5. When you’ve started a home-based business.
    Talk to your agent about additional coverage for business liability and equipment. If the business is your primary source of income, you may need a Business Owners Package Policy (BOP).

Jessica Welch, Business Development

1007 Pacific Ave, Tacoma WA 98402

253.327.215