Spring Clean Your Insurance

The most common times that you will be involved with your insurance are for things like vehicle changes, renewal reviews, billing questions and claims.  Here are three quick steps to “Spring Clean” your insurance this month.

• Inflation Awareness!  You’ve likely experienced the increased cost of labor, material and an overall shortage of everything.  Well, insurance is seeing that too, and it could impact how your claims are handled.  For example, the lowest limit of Rental Car coverage is about $25 per day.  If you’ve tried to rent a car recently you know the average cost is closer to $80+ per day (for a small sedan!).  You can still use your insurance, but you will be responsible for the difference between your limit of coverage and the actual cost.      STEP 1: Check on your Rental Car Limit.      STEP 2: Review the Replacement Cost Guide for your home insurance to make sure you have enough coverage for the inflated cost of labor and material to rebuild.
• Home Warranty Insurance!  It is common to ask “Does my home insurance help with my appliances breaking down?”  Our common answer is “Home insurance will not usually cover wear and tear”, which can include appliances, roofs, plumbing, etc.  However, we are big fans of American Home Shield Warranty!  This warranty covers Appliances: Fridges, washers, dryers, garage door openers, etc. Systems: Air conditioning, electrical, ceiling fans, plumbing, etc.  Add-Ons: Pools, well pumps, etc.       STEP 3: Decide if a Home Warranty is important to you and reach out to Megan, in our office, if we can get a quote for you.  Megan: megan@northtowninsurance.com or call/text 509-483-3030