Skipping your annual insurance review can lead to unexpected costs. Coverage that worked last year may no longer fit your needs. A yearly checkup helps you stay protected, avoid gaps, and manage your budget more effectively.
Premium Increases
Rates can change from year to year. If you do not review your policy, you may miss opportunities to adjust deductibles, remove unused coverages, or compare options that could lower your costs.
Coverage Gaps
Life changes can create new risks. A growing family, home renovations, or a new vehicle all require updated coverage. Without a review, you may be underinsured without knowing it.
Outdated Limits
Inflation affects repair and replacement costs. If your policy limits have not been updated, you might not have enough coverage to fully protect your home or personal property.
Missed Discounts
Carriers add new discounts and programs throughout the year. Skipping your review means you might be leaving savings on the table.
Avoid Financial Surprises
A quick annual review can prevent unexpected expenses. It helps you keep your protection current and your budget on track.
For a complete insurance review, contact Professional Insurance Programs at 800-637-4676 or info@profinsprog.com.