Insurance Tips of the Day: Quick, Practical Protection for Daily Life

Today's insurance tip

Quick takeaway

Review your policy documents at least once a year and note your coverage limits, deductibles, and riders so you know what you have when you need it.

Why this matters

Keeping policies up to date helps prevent surprises after a claim and ensures you’re not paying for coverage you don’t need.

Smart moves you can make this year

Compare and bundle

Shop for quotes every few years and consider bundling auto and home if it makes sense, but weigh the value of add-ons you actually need.

Dial in your deductibles

A higher deductible can lower premiums, but only if you can comfortably meet it in a claim.

Build a personal insurance inventory

Document valuables with photos, receipts, and serial numbers. Store copies online and offline for quick claims.

Quick policy checks

Replacement cost vs actual cash value

Understand whether your home and valuables are insured for replacement cost rather than current market value.

Discounts to ask for

Ask about multi-policy, home security systems, student discounts, and loyalty programs to maximize savings.