Renewing your renter’s insurance policy may not be at the top of your to-do list, but it’s an important step in maintaining your financial protection. Here are some tips and best practices to follow when preparing for your renter’s insurance policy renewal.
Start Early
Don’t wait until the last minute to renew your renter’s insurance policy. Give yourself plenty of time to review your current policy and shop around for other options, if necessary. Our staff here at Jankowski Agency Inc. can help with this process, but it’s best to start the process early and avoid any lapses in coverage.
Review Your Renter’s Insurance Policy
Take the time to review your renter’s insurance policy and make sure it still meets your needs. Consider any changes in your living situation or personal property and adjust your coverage accordingly. Make sure you understand any exclusions or limitations in your policy. If you have questions on the exclusions or limitations, give your agent a call to make sure the coverage meets your needs.
Shop Around
Don’t assume that your current insurance provider is your only option. Shop around and compare policies from different providers to make sure you’re getting the best coverage at the best price. Look for any discounts or promotions that may be available to you. Jankowski Agency, Inc. provides insurance coverage through several carriers, allowing us to optimize both coverage and value. If you’d like assistance in shopping around, give us a call at 518-883-3415.
Consider Bundling
If you have other insurance policies, such as auto insurance or life insurance, consider bundling them with your renter’s insurance policy. Bundling can often lead to discounts and may make it easier to manage your policies. If you have your insurance through Jankowski our representatives will look for ways bundling can help you save on premiums.
Ask About Other Discounts
When you’re ready to renew your renter’s insurance policy, ask your insurance provider about any discounts that may be available to you, such as discounts for having a security system in your home or for being a long-term customer. These discounts can help lower your premiums.
Update Your Information
Make sure your insurance provider has your up-to-date contact information, including your phone number and email address. This can help ensure that you receive any important updates or notices regarding your policy.
In short, renewing your renter’s insurance policy is an important step in maintaining your financial protection. Start early, review your policy, shop around, consider bundling, ask about discounts, and update your information. By following these tips and best practices, you can ensure that you have the coverage you need at a price you can afford. If you live in New York and have questions about your existing renter’s insurance policy, or need coverage, give us a call or contact us today.
For more information on renter’s insurance policies in New York State, check out the DFS website.