There are several occasions when it is important to re-evaluate your current insurance policy to make sure it covers your needs. A few of the most common instances where an upgrade is recommended include the following:
- Adding a room to a home
- Renovating a home and upgrading the wiring, furnace or other major components
- Downsizing from a large home to a smaller one when the children head off to college
There are also instances that call for an entirely new policy. These include:
- Moving from a rental into a home you have purchased
- Buying a brand new car
- Purchasing a motor home, boat or other type of recreational craft
Whether you are upgrading a policy or purchasing a new one, you need to ask certain questions so that you make sure you have the coverage you need. When you talk to your agent, they can evaluate the value of your property and what has changed since the first policy was written. They can also help you determine how much you coverage you will need to recover from a loss.
The agents at THINK Insurance & Financial Services serve Pomona, California and many of the surrounding communities. Whether you are looking to update an existing home or auto policy or are looking to find a new policy, the agents at THINK have the knowledge and expertise to help you evaluate your needs and find the right policy to suit your needs. Renters who are buying their first home or buying your first new car can leave you looking for better coverage. Talking to a local insurance agent will give you the answers you need to make an informed decision.