Mar 21 Remember, Your Insurance Needs Change Over Time
Unfortunately, no one insurance plan will fit you for the rest of your life. The amount and types of coverage you need often change from year to year, or even more often. Some of your assets – like your home – will probably need more protection over the years, as rebuilding costs rise and you make improvements. Other assets will need less protection as they age.
When it comes to insurance, the most important thing you can do is stay informed — and keep your agent in the loop. Let him or her know about any changes to your assets and stay up-to-date on the policies you have, as well as any you may need. It will take time, but if you ever have to make a claim, you won’t have to wonder if you’re covered.