You have approximately 500,000 minutes in a year. It's a good idea to use 30 of those minutes to re-visit your insurance once a year or every other year at most.
When you receive your renewal notices each year, that's a great time to contact your agent and go over what you have.
Things change over the course of a year.
My neighbor recently added over 600 square feet to their home. They are not my clients (unfortunately) but I advised them to notify their agent/company to let them know. They had not considered the reasons for doing that.
I relayed to them one story (it's true) about an Arizona east valley home owner who added on 1000 square feet to his home. He never notified his agent or insurance company. The home was destroyed by fire. The insurance company paid out a lump sum of money equal to the original square footage, not the increased amount. They were insuring a home and charging a premium based on the "old" numbers.
You do not want to wait until a claim happens to discuss IF you have the right coverage. Rarely is anyone happy when a claim occurs. How unhappy will you be if you assume you have something covered that you do not.
A review can be very simple, and non-intrusive. It can be done in person, by phone, or even via email.
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