Insurance Talk: Trust and verify

Homeowner insurance policyholders should take a few simple steps to enhance their peace of mind:

Request an annual policy review. Make sure that you have insurance to rebuild or repair your home for what it would cost in the current building market. Verify your policy limit will cover the full replacement cost of your home. Accurate, current, inventories of personal possessions make for faster and smoother claim settlements. Photos and videos provide easy ways to document your belongings.
Be sure you understand how to file a claim prior to having a loss, keeping in mind that it is a process that needs to be worked through step-by-step. Assistance is available to you through your insurance company.
Ask about discounts for multiple policies, smoke or fire alarms, or long-time patronage. Also, most companies provide discounts or consider good credit as one of the factors when determining rates, so it can really pay off to manage your personal finances.
Don’t rely solely on website communication with your insurer. Call and talk to an agent, which may save you time and aggravation in searching for answers online.

Jim Rookard, Director of Insurance Services for AAA Colorado notes, “It often pays to shop around for insurance coverage. But, recognize the cheapest policy is not necessarily the best. A company that provides good customer service and fits your personal needs is critical, especially when it comes time to file a claim.”

AAA Connection

AAA Colorado is a full-service insurance agency. If you’re thinking of adding an umbrella policy or would like to see what other coverages we offer, visit AAA Insurance for more information and a quote.

>>>Return to Table of Contents