When is the last time you looked at your homeowner’s insurance policy? If you can’t remember, don’t worry, most people only take a look at their policy when they need to file a claim. It is a good idea to check your policy as often as possible because the nature of your living situation can change a lot during the time you live in a house. When you take a look at your homeowners’ insurance in St. Petersburg, Florida, make sure you know the following.
What It Covers
This seems obvious, but you may be surprised to know just how many people don’t know exactly what their homeowners’ insurance in St. Petersburg, Florida, covers. The last thing you want is to be paying for coverage on an aspect of a home that you don’t even have. For example, you may have pool insurance as a carryover from your last home when you don’t even have a pool.
What You Can Do to Reduce Premiums
Even if you can afford your current policy, there is no reason to overpay for it if you don’t have to. Many insurers offer discounts to people who take action to reduce their risk like adding a security system. In many cases, the money you save on insurance will outweigh the money you spend getting the discount.
If you own valuable like luxurious jewelry or heirlooms, ensure they are covered in your homeowner’s insurance policy. In some cases, the policy may require an itemized list of all the valuable items in your home you wish to insure. Don’t forget to include expensive musical instruments in this list. If you aren’t sure if your homeowner’s policy is properly covering you, give Kin Insurance a call today for guidance.