Insurance needs change as circumstances in your clients' lives change, which is why an annual insurance review is recommended by the Insurance Information Institute.
When you're reviewing insurance coverage, these 10 questions can help insurance professionals and their clients figure out whether they may need to make a change to coverage:
1. Have you gotten married or divorced?
If you have gotten married, you may qualify for a discount on your auto insurance. Couples may bring two cars into the relationship and two different auto insurance companies, so take the opportunity to review your existing coverage and see which company offers the best combination of price and service.
If you are merging two households, you may need to update your homeowners' insurance. And you may want to consider increasing your insurance for any new valuables received, such as wedding gifts, and for jewelry, such as wedding and engagement rings.
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