How often should I review my insurance coverage?

It is advisable to review your insurance coverage at least once a year. However, certain life events may necessitate more frequent reviews. For instance, if you experience significant changes such as buying a new home, getting married, having children, or changing jobs, it is important to reassess your coverage. Additionally, changes in your financial situation or the introduction of new assets may also indicate that it is time to review your policy. Regularly reviewing your coverage ensures that your policy matches your current needs and circumstances, helping to avoid potential gaps in coverage or overpaying for insurance you may not require. Moreover, since insurance policies and market conditions can change, periodic reviews allow you to make informed decisions and possibly find better rates or coverage options available from providers like IntelliQuote Insurance Services. For more specific information or to explore options, you may consider visiting the IntelliQuote website.