Page 5 - AAA Akron Auto Club – AAA Now! – January/February 2019

AAA
TM
INSURANCE MATTERS
Check Off Your Annual Insurance Checkup
Becky Keyser Insurance Agency Manager
Just as an annual physical is good for your health, taking time to regularly examine your insurance coverage can help ensure your financial well-being.
Although you can do this any time, the beginning of the year is a good time to
take stock.
Follow these simple steps to make sure your insurance coverage is still a good fit for your needs:
Know your coverage. Review your current auto, home and life insurance coverages. Know what your deductibles are for each policy (the amount of your claim for which you may be responsible). Contact your agent if you don’t know the details of your policy.
Think about what’s changed since your last checkup:
• Did you get married or experience another
life-changing event recently?
• Have you renovated, downsized or upsized
your home?
• Have you acquired a vacation or rental
property?
• Do you have a new driver in your family?
• Have you joined a carpool and increased or
decreased the number of miles you drive? • Have you recently acquired valuable items
such as jewelry, artwork, collectable coins or electronic equipment?
You might want to change your insurance coverage depending on the answers to these questions. Make sure to ask your agent about multipolicy, good student and other discounts.
Review your home inventory. Now is a good time to review your home inventory, or create one. Take videos or photos of your home – room by room, top to bottom – and don’t forget closets, attics, basements and garages. Keep a copy of the inventory online or in a secure place, like a safe deposit box.
Check your liability coverage. Make sure the liability coverage on your homeowners or renters
policy is adequate, especially if you’ve enhanced your property. Things like swimming pools, hot tubs, trampolines and other additions might increase the possibilities of injuries. This also might be the time to consider getting a personal umbrella for additional liability coverage.
Consider natural disasters. Homeowners policies do not cover flood or earthquake damage. Think about adding this insurance if you’re at risk, and remember that floods can happen with little or no warning, even if you’re not in a flood zone or near a body of water.
Evaluate your auto coverage. If you have an aging vehicle, you may want to remove collision coverage. If you’ve changed jobs, retired or plan to go on more (or fewer) long-distance road trips, you may want to adjust your policy to reflect the
Make sure the liability coverage on your homeowners or renters policy is adequate, especially if you’ve enhanced your property.
number of miles you intend to drive. If your child is going away to college with a car that’s covered by your policy – or leaving a car at home – be sure to inform your agent. All of these changes could affect what you pay.
Call your agent. Call or visit your Downtown
AAA Akron Branch for a Free Insurance Review
by one of our local, experienced agents. When
you choose AAA Insurance, you’re selecting the personal guidance and legendary service that made AAA famous. Together we will help you build the policy that suits your unique needs. Insurance service that is personalized, experienced and trusted
JANUARY/FEBRUARY 2019
CALL, CLICK OR VISIT YOUR LOCAL AAA OFFICE 5
Now!