Review your homeowner's insurance

 Make sure you go through and annual review of your home owner's insurance.  I also like to get three other quotes at the same time to make sure that I'm getting a competitive price for my insurance.  Here are some circumstances that may affect the cost of your insurance.

You Inherited Jewelry, Coins or other Valuable Items

Over the past year did you inherit anything of value that should be ensured.  Most home owner policies have limits on what's covered so you may need to add a rider for the additional items.

Did you make renovations or build and addition to you house

The main cost of your home owner's insurance is the cost to replace your house should you suffer a catastrophic loss.  Make sure that new addition is covered.

Consider a liability umbrella rider added to your homeowners

An additional liability umbrella policy can be added to your homeowners to help you cover liability on other real estate, cars, boats, etc.  Get the added coverage you might need.

Building code coverage

Sometimes building codes change and are updated to help fortify houses for natural disasters.  Think about what you should do to bring you house up to code.

Flood insurance

Most home owner policy's don't cover flood insurance.  Depending on where you live, you may want to consider a flood insurance, hurricane insurance or tornado insurance.

Downsizing to an Apartment or Condominium

Make sure you adjust you insurance for any downsizing in your life.

Talk to your insurance agent!

Best to talk with an insurance agent to make sure you are adequately insured based on your current circumstances.

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