Ensuring that your insurance policies adequately cover your current needs and lifestyle is important to maintaining long-term financial stability. Even if you already have comprehensive insurance coverage, it’s essential that you reassess your insurance needs on a cyclical basis, especially ahead of major life events such as buying a house, sending a child off to college, or starting a business.

At Doeren Mayhew Insurance Group, we take a personalized approach to helping you secure the right insurance policies — and maintain proper coverage — that fits your unique liabilities. Our integrated risk management solutions are customized to protect your assets and help you meet your financial goals at any stage of life. We know that life’s circumstances are always changing and that your insurance needs change as well. Read below to see why you should review your insurance policies today.

Homeowners or Renters Insurance

Homeowners and renters rely on insurance to protect their homes and the valued items inside. Talk to your trusted insurance broker about any lifestyle or living situation changes that may affect your current policy. For example, you may need additional coverage for weather-related issues or recent home improvements. Additionally, real estate market changes are considered when homeowners insurance premiums are set, so it’s important to check in on these values periodically.

Auto Insurance

Auto insurance policies should be evaluated regularly to ensure that all drivers are protected with adequate coverage. If you or the drivers in your household are driving more or less recently, or anticipate a new routine in the coming months, then additional coverage may also be required. Additionally, if your car is aging, your insurance agent may recommend adjusting coverage accordingly.

Life Insurance

Life insurance policies offer peace of mind that your loved ones will be protected after you pass. In securing the right insurance policy, you want to minimize stress related to making important decisions about the future. That’s why it’s important to review your life insurance policies annually to make sure your family’s current and future needs are being accommodated. Evaluate recent changes in your health, activities, and lifestyle to determine if a new or modified policy is necessary. Life insurance also helps you plan for and protect a growing family as the needs of your children and grandchildren change over time.

Have you spoken to your insurance agent recently? Find out why we’ve been recognized as a leader in offering customized insurance solutions that help our clients reach their financial goals for more than 130 years. Contact us to schedule an in-depth consultation with one of trusted insurance advisors to identify what your unique insurance needs are today, and how we can ensure they’re being met.