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To avoid coverage gaps while also making sure you aren't unnecessarily busting your budget on premiums, annual insurance reviews are integral.

To help the review process be as smooth and accurate as possible, insureds should maintain detailed records of improvements and renovations done to their home over the course of the year. These kinds of improvements can affect the amount of coverage you need for your home, and can also inform your insurer of any safety and security features that may open you up for discount opportunities.

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Brittney Meredith-Miller

Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected].