Spring cleaning is a tradition, a time for throwing out the old to make way for the new. While you’re improving your home, you should also review your auto and homeowners insurance policies to ensure you have the necessary protection. Below are a few strategies that will help you cover what matters most and could save you money throughout the year.

How to Spring-Clean Your Insurance Policies

1. Check Policy Limits

Property values fluctuate, so if your house gains value, the limits on your homeowners insurance should follow. If local prices are higher than when you bought the house, or you are making significant improvements to the property, the policy should cover the cost of rebuilding. By doing so, you protect your investment in the home and ensure you don’t lose out during an emergency.

2. Compare Rates

Auto and homeowners insurance rates also change rapidly, so you may get different quotes now than you did last year. If any of your policies are up for renewal, you should start requesting quotes and comparison shopping now. Renegotiating rates or switching carriers instead of automatically renewing could save you considerably on insurance costs.

3. Inventory Personal Possessions

Most homeowners insurance policies include personal property protection, but filing a claim requires proof of ownership. Carefully cataloging the contents of your house streamlines the application filing process later, especially if you include receipts, model numbers, and serial numbers. If making a paper list seems too cumbersome, consider taking a video of your possessions instead. However, check with your agent beforehand to ensure that this documentation is acceptable.

Whether you need a new homeowners insurance policy or auto coverage, the agents at Wilmoth Insurance Agency Inc., will find options for your needs. They’ve been serving Cookeville, TN, and the Upper Cumberland Region since 1939, helping generations of customers protect what matters most. Visit their website for an overview of their insurance policies. Call (931) 526-6181 to request a quote.