Doctors encourage us to get physical exams every year to make sure we are maintaining good health and to catch any new issues while they are still small.

Did you know that a similar approach to insurance can also be beneficial? An annual review of your current coverages and developing needs can provide the peace of mind that comes from financial security.

This checklist can help jumpstart a self-examination. A few things to consider:

• Have you added improvements that increased the value of your home?

• Do you have a current written inventory and/or video of all valuables kept in your home?

• Does your auto insurance provide adequate coverage to maintain your lifestyle and independence in the event of an accident or other damaging event?

• Has your family situation changed in any way that might affect your thinking on proper life insurance levels?

• Have your circumstances changed so that you might be able to lower premiums by taking on higher deductibles without putting your financial health at risk?
• Could you find potential savings by bundling different coverages with a single provider?

These are just a few questions worthy of annual consideration. As an agent with expertise in many different lines of insurance, we would be happy to help you think through your options. Whether with us or on your own, we encourage you to plan an annual insurance checkup very soon.

Call the business insurance professionals at Steely & Smith Insurance today (215) 345-9410.