Rethink Your Home Insurance Risks

 

Whether it’s your first home or tenth, updated homeowners insurance is vital to protecting your property and possessions. Yet according to a 2017 NAIC survey, 56 percent of homeowners haven’t reviewed their homeowners insurance policies in more than a year; and 14 percent are unsure when — if ever — they last reviewed their policies.

 

Research also indicates that nearly half of homeowners (44 percent) have a home inventory. But of those with an inventory, more than 40 percent haven’t updated it in more than a year.

 

To ensure you’re covered, check out these tips for buying and maintaining adequate homeowners or renters policies: