Every year you receive your home and auto renewals in the mail or via email. What do you do with it? Do you even look at it? Or just at the premium? There are some key things you should consider when reviewing your insurance renewals:

What has happened to you/your family in the past year? Marriage? Newly licensed driver? Get a company car? Good report cards from school? All of this information should be updated with your insurance agent.

Are the correct vehicles listed on your auto renewal – look at model, year, drivers? Has anyone moved into or out of your house that should (not) be listed in the household as drivers?

Check the limits for your vehicles. We recommend $100,000 per person/$300,000 per accident for coverage #5 Optional Bodily Injury.

Are the lean holder and/or mortgagee information correct on your auto/home policy?

Is the dwelling value accurate on your homeowners policy? Have you made any updates or remodels to your house to increase the value? Added a home security system, pool, heating system (stove, etc.)? Replaced your roof?

Did you buy a new recreational vehicle – boat, jet ski, motorcycle, snow mobile?

All of these points should be considered when looking at your home and auto renewals. Adding Umbrella Insurance is also an excellent idea. It gives you $1M worth of coverage over both your home and auto insurance for just a couple hundred dollars a year. Our famous saying: You don’t need to be a millionaire to be sued for a million dollars. Please call us if you have any questions about your insurance coverage: www.mancuso-nowak.com.