Oh, the joys of spring in Wisconsin! A time of new beginnings, more sunshine, and, everyone’s favorite: spring cleaning. However, your house isn’t the only thing you should be cleaning up this year. Reviewing your insurance coverage is just as important as cleaning the home office and the kid’s toy room. Spring is the perfect time to refresh and reset your mentality.
Another year has come and gone, and you may be touching the top layer of dust here and there – but it’s time to make sure you aren’t paying more than you need to be for insurance policies you aren’t using anymore. If you’re struggling to “clean”, working with a Wisconsin public adjuster can certainly help.
Residential Insurance Coverage Cleaning
Typically, your homeowner’s insurance policy is something that falls to the back of your mind until something comes up where you’re forced to revisit the terms or file a claim. Spring is the perfect time to review your policy and make sure you’re receiving any discounts you may be eligible for; such as a new home or a bundling discount.
There also may be changes to your residential property that you need to brush up on your policy for. Have you done extensive renovations on your home, have you built new structures outside of your home, or have you decided to buy a second home are all examples of good questions to ask.
Another question to ask yourself is, “Have I updated my personal possessions checklist in the past year?”. If not, this is something to update with any additions or changes to your checklist since it was last updated. Some examples of this may include antiques, jewelry, or fine art.
Commercial Insurance Coverage Cleaning
Cleaning up your commercial insurance and understanding the package policies is just as important as many things can change about your business throughout the year, such as adding members to your team or moving offices.
Moving offices or adding new equipment or inventory are perfect examples of places that may need to be brushed up on within your policy. If there are changes here, you may want to consult with a Wisconsin public adjuster to see where you need to update or add in new coverage.
It’s also a good idea to check in on any new risks that were added since you last reviewed your policy. If you’ve added new employees, if you’ve begun to add new or bigger clients, or if you’ve added in a new style of working for your team (for example, photoshoots outside with clients or video shoots on a construction site). These are all small adjustments to your business, however, these may need more attention than your thinking when it comes to updating your insurance policies.
So now you may be asking yourself, “I need to clean up my policies, but have no idea where to start” – this is where we come in. A Wisconsin public adjuster is the perfect buffer between doing it all yourself and having no knowledge of how to slim down your insurance policies to fit what YOU need. We can help you decipher between which policies are actually of use, and which are recommended to you solely to help your insurance company make more money.