Time to review your coverage

The New Year is a perfect time to adopt new resolutions regarding your insurance. A lot of things can change over the course of a year, and that means your insurance should too. Review all your existing policies.

The amount of coverage you have on your home for instance should be increased to take into account any work you’ve done on your property: that brand new IKEA kitchen, hardwood floors, the basement you just completed or that new annex… 

Making a list and checking it twice

And what about all the things you own? Start by making an inventory of everything in your home, room by room, and write down the cost of those items if you had to purchase them today. Gather all the relevant documents and take pictures too. All that paperwork will go a long way to expediting any claim you may have down the road. 

You’ll want to keep that information off site, in a secure location, at work for instance. Once the work is complete, check the amount of coverage you have and adjust it as needed to reflect the real value of your belongings. If you have any valuable items or collectibles, look at your policy to see what limitations may apply to this type of goods.

Don’t forget auto insurance

It’s easy to overlook your auto insurance, but keep in mind that your rate is based on factors that may have changed, such as how you use your car and what drivers you are insuring. Rate changes can be major when a young driver ages but one year. You’ll also get a substantial discount by choosing to insure your car and home with the same insurer.

ClickInsurance, your best resolution

When you want to get better rates on your insurance, ClickInsurance is the way to go. Just complete our online request form and our partners will email you their no-obligation quotes. Happy New Year!