First things first: do you know where your home and auto insurance policies are? The likelihood—as demonstrated by the vast majority of people who wouldn’t be able to tell you where their current insurance documents were if their lives were on the line—is that you don’t. But just because you’re in good company doesn’t mean that you’re in good shape.
Why It’s Important to Have Your Home and Auto Insurance Policies
Having a copy of your current home and auto policies is important for several reasons, the least of which is so that you’ll be able to refer to either in the event of an accident or damage to your home. Being able to tell the level of your home insurance coverage at a moment’s notice can also come in very handy if you’ve experienced damage to your home and want to find out what’s covered prior to contacting your insurer. Filing too many claims can result in an increase to your premiums, and in many cases you’ll want to weigh your options before picking up the phone—especially if the repair bill is less than your deductible.
How to Get Another Copy
Insurance policy paperwork isn’t irreplaceable, and it’s not terribly difficult to get ahold of another copy if your searches through piles of paperwork at home have yielded no results. You can have another copy sent out to you by simply calling your insurance provider and informing them that you’ve misplaced your current copy.