Review Your Insurance AnnuallyDecember 29, 2022
It is a good idea to periodically (at least annually) assess how your insurance
coverage compares to what you own or rent to and from others. A call to your
insurance agent can assist in determining if you have adequate coverage.
Be sure to mention what has changed since your policy was issued.
Some changes are significant and can affect your coverage, so be
sure and discuss any changes you have made. Adding or removing wood heat, other
adults living in the home, renovations and purchases are examples of things you
should discuss with your agent. Please don’t wait for a claim to happen before
you contact your agent.
Also consider an annual update to your personal inventory to be
sure you have a current list of all your belongings. If you don’t already have
a list, you can download a PDF file or order a hard copy
booklet for tracking your home inventory from the Missouri
Department of Insurance.
This information is meant to be a broad overview and should not be the only source
you consult for evaluating your risk management needs. Adherence to the above
guidelines does not ensure coverage under your policy, nor does it guarantee
your risk will be accepted by our company or that your property or operations
are safe, healthful, or in compliance with laws, rules, or regulations.
Coverage is determined by specific policy provisions, limitations and
exclusions that can only be expressed in the policy itself.