Are you working from home in 2021? If so, you may want to consider auditing your current insurance. That way, you’ll be able to ensure your policy offers adequate coverage and your pricing is fair and up to date.
Auto insurance
If you are working from home more than usual, that means you are most likely driving much less than expected. This means you may be eligible for low mileage rebates with your current insurer that could save you up to 20% on your premium. We recommend looking into pay-per-mile insurance or low mileage car insurance discounts if you are considering switching insurers.
Home Insurance
There are some grey areas when personal property and work property are used in conjunction. If you’re working remotely, make sure you have a firm understanding of which items your company owns and which belong to you. Naturally, any company damage will be covered by your employer. Damaged personal goods will be covered under your home insurance plan. However, you’ll want to make sure their collective value lines up with your pre-established coverage limits. Otherwise, you may end up being responsible for purchasing costly replacements if your personal items are damaged.
Life Insurance
If your work location changed in the last year, but your situation is otherwise the same, you likely don’t need to look into adjusting your life insurance coverage. On the other hand, if your finances have changed during the pandemic, it’s probably worth taking the time to review your policy amounts. Moreover, if your employment situation has changed in any way, we advise you to reassess your life insurance to be sure that it reflects your current situation. This will potentially save you money while still protecting your loved ones if disaster strikes down the road at any point.
Choose Disability Insurance Coverage that Works for You at Freedom Insurance
We offer comprehensive, customized coverage from numerous major insurance carriers and make it easier than ever to find affordable policies that are exactly what you need. We have been serving clients throughout the greater Howard County and Carroll County areas since 1979, and we look forward to helping you and your family thrive. Get in touch today by calling (410) 795-2000 or requesting a free quote.
