Spring Cleaning Your Insurance Policies

April 3, 2025

Spring is here, bringing warmer weather, blooming flowers, and a fresh start. It’s also the perfect time to clean up more than just your home—take the opportunity to review your insurance policies! Just like your house, your coverage needs maintenance to stay in tip-top shape.

1. Review Your Homeowners Insurance

Your home is one of your most valuable assets, so it’s crucial to ensure your homeowners insurance provides comprehensive protection. As you declutter and deep clean, consider if your policy still matches your needs. Have you made renovations, added square footage, or installed new safety features? These changes can affect your coverage and premiums. Confirm your policy accurately covers your home’s current value, including any valuable personal belongings like jewelry, electronics, or collectibles. Discuss options for replacement cost vs. actual cash value coverage to ensure you’re fully protected.

2. Reevaluate Your Auto Insurance

Auto insurance isn’t a set-it-and-forget-it type of coverage. Changes in your life—such as buying a new car, adding a teenage driver, moving to a new area, or adjusting your daily commute—can impact your policy. Ensuring your auto insurance aligns with your current situation can prevent gaps in coverage and unexpected expenses. Consider comprehensive and collision coverage, liability limits, and optional add-ons like roadside assistance or rental reimbursement. If your car is older, it may be time to drop unnecessary coverage and save on premiums.

3. Assess Your Life Insurance

Life insurance is a critical component of financial planning, but it’s often overlooked. Major life events—such as getting married, having children, or buying a home—significantly impact your life insurance needs. Review your policy to confirm it provides enough protection for your loved ones. Consider if a term life insurance policy still suits your needs or if permanent life insurance with cash value options would be a better fit. Adjust coverage amounts if your family or financial responsibilities have grown.

4. Umbrella Insurance: EXTRA PIECE OF MIND

An umbrella insurance policy offers an extra layer of liability protection beyond the limits of your existing policies, such as homeowners, auto, or boat insurance. It’s especially valuable if you have significant assets, rental properties, or other liabilities. If you’re at risk for lawsuits or have high net worth, an umbrella policy can safeguard your financial future against costly legal claims. This coverage can help cover legal fees, court costs, and settlements that exceed your primary policy limits.

5. Take Advantage of Potential Discounts

Everyone loves to save money, and insurance discounts can make a big difference in your premiums. Many insurance carriers offer discounts for bundling policies—such as combining auto, home, and umbrella insurance. You might also qualify for savings by installing security systems, smoke detectors, and other safety devices. Maintain a good driving record and take advantage of safe driver discounts. It’s always worth checking for new discounts each year!

6. Check Beneficiary Designations

Life changes—make sure your beneficiary designations are up-to-date so your policy reflects your current wishes. Outdated beneficiary information can cause unnecessary delays and complications in the event of a claim. Ensure the right people are listed, and consider naming a contingent beneficiary for added security.

7. Schedule an Insurance Review

The best way to stay on top of your insurance needs is to schedule an annual review with your insurance agent. They can help you navigate policy changes, identify coverage gaps, and ensure your policies are optimized. Regular reviews ensure you’re adequately protected and taking advantage of all available discounts.

Spring cleaning your insurance policies ensures you have the right protection in place for whatever life brings your way. Reach out to Sablich Insurance Group today to schedule your review and gain peace of mind. Raise Your Expectations.

Sablich Insurance Group is licensed in Pennsylvania and New Jersey.