Five Questions to Ask Before You Renew Any Policy
Auto-renewing without a quick review is convenient—but it is also how sums insured drift out of step with reality.
Your renewal checklist
- Has the value of the insured item changed materially?
- Have occupants, drivers, or business activities changed?
- Are new discounts or bundles available?
- Do you need higher liability limits after lifestyle changes?
- Is contact information current for claims notifications?