Why You Should Review Your Homeowners Policy Annually (and What Often Changes) 

As homeowners, we know how important it is to insure our homes from unexpected financial events. However, many homeowners may set up their insurance and then forget about it until they need it most.

At Above All Insurance, we encourage our clients to review their homeowners policies every year. An annual insurance checkup can help your coverage keep pace with changes in your life and property.

Why an Annual Homeowners Insurance Review Matters

Life doesn’t stand still, and neither should your insurance. Over the course of a year, you may experience changes that impact your coverage needs. Reviewing your policy annually helps you avoid gaps or surprises if you ever need to file a claim. It’s also an opportunity to make sure you’re not paying for coverage you no longer need.

What Often Changes Your Home Insurance Needs?

Several factors can affect your homeowners insurance from year to year, including:

• Home improvements. Renovations, additions or upgrades (like a new kitchen or pool) can increase your home’s value and may require higher coverage limits.
• Personal belongings. Acquiring valuable items such as electronics, jewelry or art may mean you need to adjust your personal property coverage.
• Life events. Changes like marriage, divorce or welcoming a new family member can impact your insurance needs.
• Local market conditions. Rising construction costs or changes in your local real estate market can affect the cost to rebuild your home.
• Policy updates. Insurance companies may update policy terms, coverage options or deductibles each year.

How Our Team Helps Homeowners

At Above All Insurance, we make annual insurance reviews simple and stress-free. Our team takes the time to understand your current situation, review any changes and recommend updates to keep your coverage aligned with your needs.

We’re here to answer your questions and help you make informed decisions about your home insurance. Contact us today to schedule a policy checkup.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.