As an independent insurance agency, we’re familiar with many individuals and business owners who set up their initial insurance policies and then never give them another thought. Like anything else in life, the universe of insurance isn’t static. It’s a dynamic field that sometimes requires an annual review to ensure your coverage remains optimized for your needs.
Whether it’s home, auto, business, or life insurance, the annual insurance check-up is a vital tool in your financial planning toolkit. It can safeguard your hard-earned assets, protect you from losses, and offer peace of mind knowing you’re adequately covered.
Why is Annual Insurance Check-Up Necessary?
Your life circumstances can change dramatically in a year. Anything from buying a new house to having a newborn baby, starting a business, or adding a new car to your family can occur. These changes can drastically impact your insurance needs. That’s why an annual review is essential–to make sure your coverage keeps pace with your life changes.
Home Insurance
You might’ve spruced up your house in the last year, which could potentially increase its value and replacement cost. Did you add a security system, install a pool, or adopt a dog? All these changes should be considered during your insurance check-up as they can affect your liability risks and the cost to rebuild or repair your home.
Auto Insurance
Have you purchased a new vehicle? Does any of your family members started driving? Are you commuting less these days and driving fewer miles? These factors would all influence your auto insurance coverage and premiums. Plus, it’s always handy to do a quick market survey, considering other auto insurance options available. Did you know we have multiple carriers we quote you through for every insurance policy you have!
Business Insurance
In the world of business, even small changes can have massive impacts on your insurance needs. Have you increased your inventory, upgraded your equipment, expanded your physical space, or added new employees? These changes could potentially add to your risk and may require changes to your current policy.
Life Insurance
Life insurance isn’t just for covering burial costs. It also supports your loved ones in meeting their life goals after you’re gone. If your family has grown in the past year, or you have new dependents, you’ll want to ensure your policy is up-to-date.
Benefit of an independent insurance agency
As an independent agency, we work with numerous insurance companies, which gives us the flexibility to tailor policies specifically to our clients’ needs. We hold an advantage over being confined to the product offerings of one single company.
Annual insurance reviews allow us to reassess your requirements, revisit rates, and ensure that you’re receiving the most robust insurance coverage for your spend. It enables us to work together with you, to adjust and navigate your policy to align with your changing lifestyle and evolving needs.
We’re committed to making sure you’re covered today, tomorrow, and far into the future. Reach out to us today to schedule your annual insurance check-up and stay assured that you’re safeguarding your most valuable assets against unforeseen circumstances. After all, isn’t that what insurance, at its best, is truly for – your peace of mind?
Email us at Rudy@garzaig.com or give us a call at 404-860-1793 x4!