A comprehensive homeowners insurance policy provides peace of mind that you’re protected no matter what happens to your property. However, over the course of a year, a lot can change, and the policy you initially purchased may not be adequate anymore. Here’s why one of the most important ways to protect your investment is to review your plan with an insurance agent annually. 

Coverage Needs Change Over Time

Any home upgrade or new appliance installation can change your insurance needs. These investments increase the value of a house, and therefore the cost of replacing it in the event of total loss. Reviewing your policy each year ensures the coverage limits still fit your property. If the coverage limits are too low, an insurance agent will be able to increase the limits to the appropriate amount.

You May Be Eligible For Discounts

Depending on the types of improvements you’ve made over the last year, you may be eligible for discounts.  If you’ve recently installed a security system, your insurance provider may be willing to lower the monthly premium. This is because these improvements make your home less of a risk to insure. They’ll often pass these savings onto you in the form of lower premium payments. Other enhancements like upgrading to energy-efficient appliances or installing backup generator systems are also subject to discounts in some areas.

Worried your current homeowners insurance policy is out of date? Contact the team at Meeks Insurance Agency in Douglas, GA. Their experienced staff will work to understand your needs and your current coverage limits to find the best policy to protect your family and your investment. Like them on Facebook to stay up-to-date on the latest news and call (912) 384-4713 to schedule an appointment with an experienced insurance agent.