A Simple Habit That Can Save You Money-and Headaches
Life moves fast, and so do the details that affect your insurance coverage. At The Mackrides Insurance Group, we work with individuals, families, and businesses across Pennsylvania to make sure their coverage still fits-because a policy that worked last year might leave you exposed this year. Reviewing your insurance isn't just a good habit. It's one of the easiest ways to protect your finances, your property, and your peace of mind.
What Does It Mean to "Review" an Insurance Policy?
Reviewing an insurance policy simply means taking a closer look at your current coverage to make sure it still matches your needs, lifestyle, and financial goals.
It typically includes:
- Verifying coverage limits and deductibles
- Checking for life or property changes that might affect coverage
- Reviewing any new exclusions or policy updates
- Exploring bundling opportunities or available discounts
- Updating personal or business details (address, vehicles, dependents, etc.)
We recommend making this a routine-just like checking your credit or going to the doctor for an annual exam.
Why Reviewing Your Insurance Matters
Your policies shouldn't stay static-because your life isn't. Failing to review your coverage could mean:
Financial Gaps
You may find yourself underinsured after a major home renovation or new vehicle purchase.
Missed Savings
Bundling discounts, updated risk profiles, or industry rate changes might qualify you for a better premium-but only if you check.
Legal & Compliance Issues
Business owners especially need to maintain proper liability, workers comp, and vehicle coverage to stay compliant with state regulations.
Outdated Information
Changes in household drivers, business property, or even a marriage or divorce can impact how your policy pays out after a claim.
When Should You Review Your Insurance?
While you don't need to pore over your policies every month, there are key times when a review is especially important:
Annually
A yearly review with your agent helps catch coverage issues and ensures everything's up to date.
After Major Life Changes
- Marriage or divorce
- Birth or adoption of a child
- Death of a family member
- Moving or buying a new home
- Getting a new job or starting a business
- Buying or selling a car or recreational vehicle
- Major renovations or upgrades to your home
After a Claim
Even a small claim can change your risk profile. It's a smart time to reassess your deductible, coverage type, or carrier.
If Your Premium Jumps Unexpectedly
Sometimes this is due to rate hikes. Other times, it could signal outdated or mismatched coverage.
Real-Life Examples of When Reviews Made a Big Difference
A Growing Family
One client added a newborn to their household and updated their life insurance to reflect new long-term needs-while bundling policies to save over $300/year.
Home Renovations
Another family built a new addition but hadn't updated their homeowners policy. A review revealed they were underinsured by nearly $100,000.
Small Business Expansion
A local contractor hired staff and added work vans. A policy review helped them expand general liability and add workers comp-keeping them compliant and protected.
Common Issues Clients Face
We often see:
- Underinsurance after big changes (like a new roof or vehicle)
- Overlapping coverage that leads to wasted premiums
- Unclear deductibles that surprise clients at claim time
- Missed discounts due to unreported home security upgrades, good driving history, or bundling options
These aren't uncommon. But they're also not unavoidable.
How We Help You Stay on Track
At The Mackrides Insurance Group, we don't just sell policies-we help you manage risk over time.
Here's what makes our approach different:
- Proactive outreach. We schedule regular check-ins-so you don't have to remember.
- Personalized reviews. We tailor your coverage to your actual life-not a one-size-fits-all form.
- Transparent guidance. No pressure, no jargon, no rushing.
- Independent options. We shop across carriers to help you stay protected and competitive.
Insurance shouldn't be a set-it-and-forget-it decision. We help make updates simple-and smart.
Ready to Review Your Coverage?
Whether it's been a year or a decade since your last review, now is the time to take a closer look. You might find opportunities to save money, close coverage gaps, or simplify your policies.
We're here to help you make informed choices-without the hassle.
