Once you have settled in with a new insurance carrier, it’s easy to take a “fix it and forget it” approach to maintaining your policies. That can lead to trouble. Here are a few things you need to keep in mind to maintain your account. If you don’t, it can cause some big headaches.
Your Mortgage Lender Changes and You Don’t Tell Your Advisor
Why it’s a headache: Your home insurance policy might not get paid! When you refinance your home, your lender doesn’t always notify your insurance provider. This can cause issues when it comes time to pay an insurance renewal bill. Why? The new lender doesn’t know where to send payment or how much needs to be paid. It is extremely important that you contact your Cincinnatus advisor any time you make a change to your loan, and your mortgage lender is involved.
You Started Driving Your Personal Vehicle for a Delivery Service
Why it’s a headache: If you get into an accident while driving for the delivery service, your personal insurance will likely not cover you. Contact our advisor to discuss your options. Delivery services are incredibly popular right now, so educate yourself and inform your advisor if you have any plans to take on this profession.
You’re Buying a New House and Forgot to Loop In Your Advisor
Why it’s a headache: A lot of moving parts are involved with a new home purchase with multiple parties involved. Make sure your insurance advisor is part of that conversation. Your advisor will quote you a new policy with your new home’s characteristics. Additionally, they will assist in logistics with an existing home policy. Forgetting to do this could cause some big headaches, because not having insurance in place will slow down the home closing process.
So Next Time…
Keeping these items in the back of your mind will help your life stay stress-free! At Cincinnatus Insurance, we’re always motivated to help you slay any insurance beasts that cross your path. But, keeping us in the loop makes it much easier for us to keep you protected.