Many people have a "set it and forget it" mentality about homeowners insurance, but the best practice is to review your policy annually and make sure you have enough coverage without overpaying. Wilson Insurance Agency, the most experienced and reliable agency in Dalton, GA, explains when you should consider updating your homeowners insurance.

3 Important Reasons to Update Your Homeowners Insurance

Your Assets Have Increased

Whether you’ve gained more assets through inheritance, a booming business, or a winning lottery ticket, recalculate the amount of property and liability coverage you need to protect them. Otherwise, you are vulnerable to personal loss in the event of a legal action against you.

You've Made Additions to the Home

If you have built an addition or made significant improvements (e.g. updated plumbing or electrical systems) to your home, your current insurance policy probably does not reflect its value. Discuss the amount of additional coverage you need with your local insurance agency to protect your most important asset.

You've Added a Security or Fire System

If you have added a security system or fire suppression system that automatically alerts the authorities, some insurers will reduce your home insurance premium by a significant percentage. Even installing deadbolt locks and a smoke detector can reduce your monthly payments. Discuss any savings you qualify for with your insurance agent.

Consult with Wilson Insurance Agency if you believe it’s time to change your homeowners insurance policy. They have the experience and expertise to help you protect what you value most. Visit their website to request a quote, or call (706) 278-0549 to discuss your insurance needs with a friendly, knowledgeable professional.