Your homeowner’s insurance shouldn’t be something you buy once and forget. Taking a few minutes to review your policy each year may help ensure you know the coverage you have and the coverage you may need if the unexpected happens.
Life changes — such as completing a home renovation or purchasing valuable items — can affect whether your current coverage is still adequate. An annual review is also a good opportunity to confirm your deductible still fits your budget and to ask about discounts that could help you save. If it’s been a while since you’ve looked at your policy, now is a great time to check in with your insurance agent.
Some points to consider:
Coverage amount: Does it still reflect the current value of your home and belongings?
Deductible: Would adjusting it make sense for your budget?
Discounts: Are you getting all the savings you qualify for?
To make your review easier, CEFCU offers homeowners insurance through CEFCU Insurance Services, Inc. Seasoned experts will check for discounts and savings across 40+ top-ranked insurance companies to find the best coverage for you. Visit cefcu.com/insurance or call 1.844.813.4524 to learn more.
If your CEFCU Mortgage has an escrow account for homeowners insurance and you wish to change to a different policy, please contact our escrow team for assistance at 1.800.633.7077, ext. 33424 or email mortgage_escrow@cefcu.com. Visit Switching Homeowners Insurance? for more details.
A quick review today can provide peace of mind and help protect one of your biggest investments.
Insurance products and services are offered through CEFCU Financial Services, Inc dba CEFCU Insurance Services, Inc. the wholly-owned subsidiary of Citizens Equity First Credit Union (CEFCU).
Insurance products and services are not a deposit; are not insured by the National Credit Union Share Insurance Fund, the NCUA, or any other government agency or deposit insurance program; are not obligations of, or guaranteed by, CEFCU, CEFCU Insurance Services, Inc., or any affiliated entity; and may involve investment risk, including potential loss of principal.
