November 15, 2021
Insurance serves as a backstop, protecting you and your family from disaster, but how can you know if you have enough? At American Heritage Insurance, we’ve helped many Marylanders improve their coverage, and we can help you too. We wanted to talk about insurance today, how much of it is right for you, and how you can get that coverage.
Some Signs You May Be Underinsured
Many people unknowingly go years underinsured. Most want to make their monthly payment as low as possible, but this can leave you underinsured. When was the last time you updated your coverage? Has your life circumstances changed? If it’s been a while since you sat down with an insurance agent and adjusted your coverage, consider doing so soon.
Can You Be Overinsured?
Yes. If your life has changed, then you could be over insured. Have you recently downsized your home? Sold a vehicle without replacing it? Recently divorced? If you answered yes to any of these questions, then you could benefit from possibly reducing your level of insurance. Be sure to consult with an experienced Maryland insurance agent before you alter your insurance.
Have You Had Any Changes In Income?
If you’ve recently received a pay raise or a promotion, then you may be underinsured. Your family depends on your income and insurance is designed to protect your family should something happen to you, which is why you should adjust your insurance coverage whenever you have a change in income.
Work With An Experienced Insurance Company in Maryland
Thinking about adjusting your insurance? Our team of professional insurance adjusters have years of experience providing Marylanders with our insurance services. We tailor all insurance plans towards individual customers, ensuring you won’t have any unnecessary policies, and will only be paying for what you need. Get into contact with us today and learn about how you could benefit from adjusting your level of insurance.