{"id":744,"date":"2015-01-19T20:12:11","date_gmt":"2015-01-20T01:12:11","guid":{"rendered":"http:\/\/www.thefloridainsuranceblog.com\/?p=744"},"modified":"2026-04-16T21:42:13","modified_gmt":"2026-04-17T01:42:13","slug":"updating-current-insurance-policy","status":"publish","type":"post","link":"https:\/\/www.greatflorida.com\/blog\/2015\/updating-current-insurance-policy\/","title":{"rendered":"Updating Your Current Insurance Policy"},"content":{"rendered":"<p>As 2015 begins, it is natural to reflect on the vicissitudes over the past year. Did you know, reflecting over recent changes in regard to your insurance policies can save you money or save your bacon if a crisis occurs?\u00a0Reviewing your insurance policies might sound like a tedious and time consuming job, but conducting a quick review can take less than an hour.<\/p>\n<p>\u201cInsurance policies should be reviewed annually to guarantee you and your family has adequate coverage,\u201d says <a _blank=\"\" href=\"https:\/\/www.linkedin.com\/in\/dustyns\/\" rel=\"nofollow noopener\" target=\"_blank\">Dustyn Shroff<\/a>, Vice President of <a href=\"https:\/\/www.greatflorida.com\/\" target=\"_blank\">GreatFlorida Insurance<\/a>. \u201cHaving the right coverage for life\u2019s unforeseen events will bring you comfort as you move into the upcoming year.\u201d<\/p>\n<p><strong>Homeowner\u2019s Insurance Policy<\/strong><\/p>\n<p>Keep in mind, a <a href=\"https:\/\/www.greatflorida.com\/homeowners-insurance\" target=\"_blank\" title=\"Florida Homeowners Insurance\">homeowner\u2019s insurance policy<\/a> should cover the <em>current<\/em> cost to rebuild your home as well as replace your possessions.<\/p>\n<ul>\n<li>An article on <a href=\"http:\/\/www.houselogic.com\/home-advice\/home-insurance\/homeowners-insurance-time-for-annual-check-up\/\" rel=\"nofollow noopener\" target=\"_blank\">Houselogic<\/a> from the <a href=\"http:\/\/www.realtor.org\/\" rel=\"nofollow noopener\" target=\"_blank\">National Association of Realtors<\/a>, reports that \u201creplacement cost protection,\u201d does not always cover additional structures on your property such as a pool or detached garage. Those additions may require supplementary coverage.<\/li>\n<li>Some home renovations such as an updated roof, the addition of hurricane shutters or impact windows, as well as modernizing the home\u2019s electrical and plumbing can qualify you for a reduction to your premium.<\/li>\n<li>The installation of a monitored alarm system, smoke detectors, fire extinguishers, a sprinkler system, as well as the addition of deadbolt locks can also save you money.<\/li>\n<li>You might want additional coverage if you have acquired a valuable piece or art, antique furniture, jewelry or other costly belonging.<\/li>\n<\/ul>\n<p><strong>\u00a0<\/strong><strong><a href=\"https:\/\/www.greatflorida.com\/florida-auto-insurance\">Auto Insurance<\/a> Policy<\/strong><\/p>\n<ul>\n<li>Do you have an\u00a0additional\u00a0\u00a0driver in your household\u00a0or have you gotten married or divorced?<\/li>\n<li>If a driver on your <a href=\"https:\/\/www.greatflorida.com\/auto-insurance\" target=\"_blank\" title=\"Florida Auto insurance\">auto insurance<\/a>\u00a0has increased traveling you might consider adding emergency roadside assistance to your policy.<\/li>\n<li>The installation of a safety or anti-theft device could save you money.<\/li>\n<li>If someone in your home has recently attended a driver\u2019s education class or your vehicles have been accident free, most insurance companies will qualify you for a discount. Inquire about other new \u201cgood driver\u201d programs your insurance company offers.<\/li>\n<li>A new car or teen driver could have you wanting to increase comprehensive and collision.<\/li>\n<li>Once you have paid your vehicle off you may want to consider dropping collision to save money.<\/li>\n<\/ul>\n<p><strong>Renter\u2019s Insurance<\/strong><\/p>\n<p>While the landlord may have home insurance covering the structure, your personal belongings are not covered unless you have a <a href=\"https:\/\/www.greatflorida.com\/renters-insurance\" target=\"_blank\" title=\"Florida Renters Insurance\">renter\u2019s insurance policy<\/a>. Renter\u2019s insurance is affordable and covers appliances, electronics, clothes, shoes, jewelry, purses, furniture and entertainment equipment.<\/p>\n<ul>\n<li>A security system, smoke alarm, sprinkler system or deadbolt locks on exterior doors could make you eligible for a discount.<\/li>\n<li>Some counties require policy coverage for select breeds of pets, check with your <a href=\"https:\/\/www.greatflorida.com\/florida-insurance-agent-search\">insurance agent<\/a> to see if your renter\u2019s insurance policy covers your pet.<\/li>\n<\/ul>\n<p><strong>\u00a0<\/strong><strong>Boat Insurance<\/strong><\/p>\n<ul>\n<li>You might want to consider purchasing additional <a href=\"https:\/\/www.greatflorida.com\/boat-insurance\" target=\"_blank\" title=\"Florida Boat Insurance\">boat insurance<\/a>\u00a0if you have recently purchased fishing or diving equipment.<\/li>\n<li>If you are towing your boat more often, make sure you have comprehensive and collision in case your boat is involved in an accident out of the water.<\/li>\n<\/ul>\n<p><strong>Umbrella\/<a href=\"https:\/\/www.greatflorida.com\/florida-general-liability-insurance\">Liability Insurance<\/a><\/strong><\/p>\n<ul>\n<li>If 2014 brought success and your assets have significantly increased, you might want to consider increasing the amount of your <a href=\"https:\/\/www.greatflorida.com\/umbrella-insurance\" target=\"_blank\" title=\"Florida Umbrella Insurance\">umbrella insurance<\/a>. Auto insurance and <a href=\"https:\/\/www.greatflorida.com\/florida-homeowners-insurance\">homeowners insurance<\/a> only provide basic liability coverage.<\/li>\n<li>Personal and financial obligations can also cause you to review and make changes to your <a href=\"https:\/\/www.greatflorida.com\/florida-umbrella-insurance\">umbrella policy<\/a>.<\/li>\n<\/ul>\n<p><strong>Health Insurance<\/strong><\/p>\n<p>If you or your family has experienced any changes in your health care requirements, make sure they are reflected on your<a href=\"https:\/\/www.greatflorida.com\/healthcare-insurance\" target=\"_blank\" title=\"Florida Healthcare Insurance\"> health insurance <\/a>policy.<\/p>\n<p>Talk to your <a href=\"https:\/\/www.greatflorida.com\/\" target=\"_blank\">GreatFlorida Insurance<\/a> agent to see if you are a member of affiliations that qualify you for a discount such as a firefighter or a member of AARP. Check for an overlap in insurance coverage. You do not need emergency roadside assistance coverage if you are a member of AAA.<\/p>\n<p>GreatFlorida Insurance is a network of over 100 independent insurance agents serving Florida. Our agents can help answer and questions you may have about changes to your current insurance policy and show you how to save while getting the policy that is just right for you.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As 2015 begins, it is natural to reflect on the vicissitudes over the past year. Did you know, reflecting over recent changes in regard to your insurance policies can save you money or save your bacon if a crisis occurs?\u00a0Reviewing your insurance policies might sound like a tedious and time consuming job, but conducting a [&hellip;]<\/p>\n","protected":false},"author":1219,"featured_media":756,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[3,4,1,13,5,8,9],"tags":[18,14,27],"class_list":{"0":"post-744","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-auto-insurance","8":"category-boat-insurance","9":"category-floridainsurance","10":"category-healthcare-insurance","11":"category-homeowners-insurance","12":"category-renters-insurance","13":"category-umbrella-insurance","14":"tag-florida-auto-insurance","15":"tag-florida-homeowners-insurance","16":"tag-florida-insurance-agency"},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.greatflorida.com\/blog\/wp-json\/wp\/v2\/posts\/744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.greatflorida.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.greatflorida.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.greatflorida.com\/blog\/wp-json\/wp\/v2\/users\/1219"}],"replies":[{"embeddable":true,"href":"https:\/\/www.greatflorida.com\/blog\/wp-json\/wp\/v2\/comments?post=744"}],"version-history":[{"count":1,"href":"https:\/\/www.greatflorida.com\/blog\/wp-json\/wp\/v2\/posts\/744\/revisions"}],"predecessor-version":[{"id":13967,"href":"https:\/\/www.greatflorida.com\/blog\/wp-json\/wp\/v2\/posts\/744\/revisions\/13967"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.greatflorida.com\/blog\/wp-json\/wp\/v2\/media\/756"}],"wp:attachment":[{"href":"https:\/\/www.greatflorida.com\/blog\/wp-json\/wp\/v2\/media?parent=744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.greatflorida.com\/blog\/wp-json\/wp\/v2\/categories?post=744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.greatflorida.com\/blog\/wp-json\/wp\/v2\/tags?post=744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}