New Home, New Needs: Updating Your Insurance After a Big Move Address how moving impacts coverage needs for both renters and homeowners.

New Home, New Needs: Updating Your Insurance After a Big Move

Congratulations! You’ve moved into your new home. But between the unpacking and settling in, don’t forget to update your insurance. Whether you’re a renter or a homeowner, your new address comes with new risks and coverage needs.


* Check Your Liability Coverage: Accidents happen. Make sure your renters insurance policy includes adequate liability coverage to protect yourself from financial losses if someone is injured on your property.
* Consider Additional Coverage: Depending on your belongings and potential risks, you might want to consider additional coverage for high-value items, identity theft, or damage caused by water backup or sewer overflow.
* Review Your Personal Property Coverage: The value of your belongings might have changed since your last move. Ensure your coverage reflects the current value of your possessions.
* Update Your Address with Your Insurance Company: This ensures you receive important documents and renewal notices.


* Get a Homeowners Insurance Policy: This is crucial for protecting your investment and belongings from fire, theft, natural disasters, and other covered events.
* Review Your Coverage Needs: Your new home might have different features or risks than your previous one. Consider factors like the size, age, and location of the property, as well as the presence of a pool or other potential hazards.
* Schedule a Home Inspection: This can help identify potential risks and ensure your insurance coverage is adequate.
* Shop Around for Quotes: Compare policies and coverage options from different insurance companies to find the best value and protection for your needs.

Tips for Both Renters and Homeowners:

* Contact your insurance agent or company as soon as possible after moving. They can help you understand your new coverage needs and make necessary adjustments to your policy.
* Keep your insurance documents organized. This will make it easier to file a claim if needed.
* Review your policy regularly. Your needs and risks may change over time, so it’s important to keep your coverage up-to-date.

Moving is a big step. Make sure you’re protected by the right insurance. Contact Franke Insurance Services today for a free consultation and let us help you find the best coverage for your new home.

Franke Insurance Services – Protecting your new beginnings.