We’ve heard it a million times: review your insurance coverage. While many of us may think the insurance companies just want to sell us more insurance, that is not the case when you are working with a reputable agent who has your best interests in mind. And, it’s not just life insurance policies that need checkups – it’s your homeowners, your auto, and your business insurance policies, too.
Do different types of policies need to be reviews more or less frequently? The industry standard is to review all of your insurance policies at least annually, or when a change in your family or business occurs. Getting married? Review. New baby? Review. Bought (or sold) your business? Review. New business model? Review!
You may find you need more of one, and less of another. You might even find out you have it just right! The only way to know for sure is to ask your agent. Your agent should be asking to review all of your policies at least annually.
If you have questions, contact the Viti team for expert answers.