Insurance Auto Pilot Off | A Quick Assessment

 

 

 

 

 

 

 

 

If it has been a few years consider taking off the insurance autopilot with this quick assessment.

Here are 10 easy questions you should know.

Personal

  1. Does the insured value of my home accurately reflect the cost it would take to rebuild?
  2. Did I update my insurance when I put my home or lake home into an LLC or trust?
  3. Do I want my mechanical equipment or utility lines covered?
  4. Do I want any jewelry covered?
  5. Does my home/car insurance cover claims due to a business exposure?
  6. What if my sump pump fails or water comes up through my sewer line?
  7. Is my roof covered for replacement value or a depreciated value?
  8. Can my health insurance deductible be covered if I am in a car accident?
  9. What if I rent a car on vacation? Or in a different country?
  10. Does my umbrella include uninsured/underinsured motorist coverage?

Small Business

  1. What coverage do I have in place if I cannot operate in my building?
  2. Does the insured value of my property accurately reflect the cost it would take to rebuild?
  3. Do I need to get certificates of insurance from my subcontractors?
  4. Does my general liability cover advice I give clients?
  5. Does my general liability cover mistakes I could make on employee benefits?
  6. Is private information from customers covered?
  7. What if I terminate an employee and they bring a lawsuit against me?
  8. Do my employee(s) or prospective employee(s) driving history matter?
  9. What commitment do my employees give me when I give them a vehicle to drive?
  10. Do I know what affects my workers compensation rates?

This is by no means comprehensive, but how about a catch all question to your trusted insurance adviser? Ask them this:

“Is there anything else I should consider?”

It’s a brilliant question and it opens the door for open and honest conversation. You are in charge. Make the most of it.

Jeremy Hyde | Colligan & Company

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About the Author: Jeremy Hyde

Christian, MK/PK, Brother, Husband of a magnificent wife, Father of three sons and two daughters, Insurance dork, Sports and Racing fan, Competitor, Coach, Early riser, Grill-man, Yearner of sand dunes and Lake Michigan, Owner of a Yorkie named Gerald, Wannabe basketball player, Reluctant handyman, Car enthusiast, Admirer of passion and excellence and design...

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119 Comments

  1. Jeff March 12, 2019 at 10:33 am - Reply

    I found your website from Google as well as I need
    to state it was a fantastic find. Many thanks!

  2. Mikko Nikulainen August 6, 2019 at 5:16 pm - Reply

    Great post

  3. Meghan Loew December 18, 2019 at 10:56 am - Reply

    Excellent job on this topic! I need to check out my insurance

  4. Suzi Cordes December 27, 2019 at 6:54 am - Reply

    Thanks for your posting. I need to evaluate my insurance needs and find an agency I trust.

  5. Fred March 8, 2020 at 6:03 am - Reply

    Thank you for this post, I needed some help knowing how to look at my insurance.

  6. Tracie Martello March 31, 2020 at 1:42 pm - Reply

    Doing an annual insurance review is important, I’d recommend it. Its easy to just let it go, but don’t!

  7. Sandi Seeivehers April 18, 2020 at 3:04 pm - Reply

    Insurance is great when you need it.

  8. Doyle April 18, 2020 at 3:23 pm - Reply

    Independent agents have much better insurance options too. Thanks Colligan

  9. Steven April 18, 2020 at 4:38 pm - Reply

    Thanks for the insurance questions

  10. Frank Smitherns April 18, 2020 at 5:13 pm - Reply

    I like these questions, I think I want to discuss this.

  11. Quinn April 18, 2020 at 6:12 pm - Reply

    I let my employees drive their own vehicles for work. How would they be covered on my business auto?

  12. Alex April 18, 2020 at 6:13 pm - Reply

    I’ve done a lot of upgrades to my home and want to make sure I’m insured properly

  13. Tommy April 18, 2020 at 7:23 pm - Reply

    I’m going to call you, my business isn’t insured

  14. Bradley April 18, 2020 at 7:41 pm - Reply

    I really hate buying insurance, but I know i need help.

  15. Brett April 18, 2020 at 7:57 pm - Reply

    Small businesses get very little help for insurance, I think most of us are scared of what we really need.

  16. Lynn B April 18, 2020 at 9:15 pm - Reply

    I have a small delivery business and I’m not sure I’m protected insurance-wise. I think you can help

  17. George April 18, 2020 at 9:30 pm - Reply

    My concrete business could use your insurance help, my current agent doesn’t ask any of these questions.

  18. Phillis April 18, 2020 at 9:53 pm - Reply

    Thanks, nice insurance writeup

  19. Nicole April 18, 2020 at 10:54 pm - Reply

    Do you have a longer insurance assessment? I want to make sure I have what I need.

  20. Phil Gew April 18, 2020 at 11:43 pm - Reply

    Good insurance info, thanks

  21. Kael April 18, 2020 at 11:48 pm - Reply

    Most people just assume they have what they need instead of educating themselves, good job Colligan Insurance!

  22. Lilly April 19, 2020 at 12:34 am - Reply

    I need help with insurance. I’m going to reach out to you with my info. Thanks

  23. Gwen April 19, 2020 at 1:59 am - Reply

    This better helps me understand what I should look at on my insurance. Thanks Colligan

  24. Sam C April 19, 2020 at 1:59 am - Reply

    This is a good start to reviewing your insurance but you really need pros like the guys at Colligan

  25. Nathan April 19, 2020 at 2:38 am - Reply

    Good questions Colligan!

  26. Joe Wester April 19, 2020 at 4:23 am - Reply

    Anyone that needs home/auto or business insurance in Fort Wayne needs to come to you!

  27. Sean White April 19, 2020 at 4:27 am - Reply

    Your insurance rocks! Thanks Colligan!

  28. Nate April 19, 2020 at 4:55 am - Reply

    There are a lot of shaddy agents out there, glad to have my insurance with Colligan

  29. Sean April 19, 2020 at 6:44 am - Reply

    This is a good start to discuss with my agent, but I think I’ll call you guys now.

  30. Gus April 19, 2020 at 6:49 am - Reply

    I’m grateful for this, thanks for posting on this insurance stuff

  31. Tony April 19, 2020 at 7:01 am - Reply

    I need a better insurance agent, please contact me.

  32. Steph April 19, 2020 at 9:08 am - Reply

    You don’t need insurance until you do! Better make sure its right!

  33. Joseph April 19, 2020 at 9:17 am - Reply

    I’m thankful for an insurance agency like yours

  34. Anthony April 19, 2020 at 9:21 am - Reply

    I need to stop and evaluate my insurance this sometime

  35. Homer April 19, 2020 at 12:04 pm - Reply

    These are good points!

  36. Anthony April 19, 2020 at 12:12 pm - Reply

    People need to stay on top of their insurance and not just let it go.

  37. Joseph April 19, 2020 at 12:13 pm - Reply

    These are good questions to ask on my home insurance

  38. Ted April 19, 2020 at 1:46 pm - Reply

    Thank you for help insights into insurance. I need to call you guys

  39. Robert April 19, 2020 at 1:46 pm - Reply

    Fort Wayne people need help with their insurance!

  40. Max April 19, 2020 at 2:20 pm - Reply

    Its a good a idea to get help on insurance

  41. Bill April 19, 2020 at 3:14 pm - Reply

    My agent doesn’t ask me this stuff.

  42. Kenneth V April 19, 2020 at 4:27 pm - Reply

    Local insurance help on this stuff sounds good

  43. William April 19, 2020 at 4:49 pm - Reply

    I need insurance help. thank you!

  44. William April 19, 2020 at 6:31 pm - Reply

    I’ve been with State Farm 30 years and I’ve never even thought about this

  45. Ben D April 19, 2020 at 6:32 pm - Reply

    These are good insurance points, thanks

  46. Robert April 19, 2020 at 6:33 pm - Reply

    Insurance is kind of confusing, seems like you should go with someone you trust

  47. Les April 23, 2020 at 8:21 am - Reply

    Insurance is a two way street

  48. George Woone April 23, 2020 at 11:52 pm - Reply

    I’m glad to sit down once and a while with my insurance agent and actually talk about this stuff, but I know most people are “too busy.”

  49. Floyd T April 24, 2020 at 1:57 am - Reply

    The general public needs to actually think about these things and not just hope for the best

  50. Daniel April 24, 2020 at 12:40 pm - Reply

    These are some general insurance questions that I would think everyone forgets to ask themselves

  51. Sammy April 24, 2020 at 3:13 pm - Reply

    Go Colligan, my Fort Wayne insurance of choice

  52. Daniel VanMieyer April 24, 2020 at 9:52 pm - Reply

    I don’t just want to hope and see if something is covered by insurance. Glad you are in Fort Wayne

  53. Robert April 25, 2020 at 1:57 am - Reply

    A lot of people don’t take care of their insurance

  54. Danny V April 25, 2020 at 2:06 pm - Reply

    I’m glad your insurance agency is in Fort Wayne!

  55. Tyrone May 6, 2020 at 8:09 pm - Reply

    I need help with my insurance

  56. Katy May 6, 2020 at 10:17 pm - Reply

    I’m wondering how to do this consistently

  57. Vikki May 6, 2020 at 10:43 pm - Reply

    These are good questions

  58. Norm May 6, 2020 at 11:02 pm - Reply

    I don’t like to think about my insurance, but I know I should

  59. Kevin Shirea May 7, 2020 at 11:44 am - Reply

    It’s important that you stay protected

  60. Michael P May 7, 2020 at 1:01 pm - Reply

    It’s important to check your insurance needs once in a while

  61. Nick May 7, 2020 at 3:22 pm - Reply

    Thank you for your guide and also your review questionnaire for my home and auto.

  62. Nathan M May 8, 2020 at 11:21 pm - Reply

    Don’t forget about your insurance

  63. Donald D May 9, 2020 at 1:45 am - Reply

    Do this often and with your insurance agent

  64. Nathan R May 9, 2020 at 4:04 pm - Reply

    You need to talk with an insurance advisor

  65. Walter May 9, 2020 at 6:03 pm - Reply

    Thanks for the insurance info

  66. Donald D May 9, 2020 at 7:04 pm - Reply

    A good insurance checklist

  67. Dan Majorario May 11, 2020 at 9:48 pm - Reply

    Your agency rocks

  68. Chuck Wilson May 11, 2020 at 10:20 pm - Reply

    Your work is important to Fort Wayne

  69. Ted Smith May 11, 2020 at 10:38 pm - Reply

    We appreciate your business

  70. Frankie DaWay May 12, 2020 at 7:40 am - Reply

    Go Colligan, good job on the insurance blog

  71. Charles Moisa May 12, 2020 at 8:59 am - Reply

    I also like your review questionnaire

  72. Dan Ernesto May 12, 2020 at 9:33 am - Reply

    People want to spend as little of time on insurance as possible… until something bad happens and its all the agents fault

  73. Darren May 13, 2020 at 8:23 pm - Reply

    Good info. Thanks, I think a lot of businesses just forget to look at their insurance

  74. Andrew A May 14, 2020 at 12:06 am - Reply

    Thanks for the info, I need help on my business insurance. I’ll email you Jeremy

  75. James Shule May 14, 2020 at 3:37 am - Reply

    I have investment properties so I need to review my insurance regularly

  76. Emery Stelo May 15, 2020 at 8:42 am - Reply

    These are simple questions and a good starting point

  77. Arthur Thilis May 15, 2020 at 11:30 am - Reply

    I’d like more in depth questions, let’s get together on my insurance. Thanks,

  78. Jameson Spiller May 15, 2020 at 2:17 pm - Reply

    You need to think about your home and car insurance, these are good questions

  79. Ann Hoffman May 16, 2020 at 3:28 am - Reply

    These are good interesting insurance questions. Thanks

  80. Jess McMillen May 21, 2020 at 8:02 am - Reply

    Good to ask yourself insurance questions once in a while

  81. Michael Kim May 23, 2020 at 12:08 am - Reply

    Great info.
    Go home insurance

  82. Harley May 26, 2020 at 3:18 am - Reply

    Good idea to do your insurance questionnaire regularly

  83. Michael May 27, 2020 at 6:49 am - Reply

    I’m wondering how often to ask these types of questions… maybe I should talk to an agent

  84. David Nes May 29, 2020 at 2:33 am - Reply

    Folks who want advice call Colligan insurance agency

  85. Stanley F May 31, 2020 at 12:42 am - Reply

    Don’t be fooled by great insurance commercials, go for great insurance companies

  86. Danny Ally June 1, 2020 at 11:26 pm - Reply

    Interesting questions…

  87. Olive G June 3, 2020 at 10:56 pm - Reply

    Good quick read. Thanks

  88. Mike Crutty June 9, 2020 at 7:55 pm - Reply

    Everyone needs to look at their insurance sometimes

  89. Rebecca Smodo June 13, 2020 at 1:51 am - Reply

    Good insurance questions

  90. Matt Crutty June 13, 2020 at 6:26 am - Reply

    Nice, quick questionnaire on your website too. Good job Colligan

  91. David Laulp June 21, 2020 at 10:56 pm - Reply

    Take the time and do your insurance right. Don’t blame anyone

  92. Allen June 23, 2020 at 7:25 am - Reply

    I tend to forget about looking at my insurance so it’s a good idea to slow down and make sure I’m in good shape

  93. Tom Pattie June 29, 2020 at 12:38 am - Reply

    Thank you for serving us folks in Fort Wayne for so long

  94. Allen June 29, 2020 at 6:34 pm - Reply

    Good to do checks on your insurance with a professional

  95. Amy Miller July 21, 2020 at 4:45 am - Reply

    You should care about insurance, you’re spending a lot of money. Don’t just close your eyes and hope.

  96. Marie Michaele July 22, 2020 at 7:29 am - Reply

    I think I need to talk with someone, I have some more complicated things I want to talk about.

  97. Marie July 25, 2020 at 12:30 am - Reply

    Everyone needs to think about their insurance occassionally.

  98. Melissa Gag August 1, 2020 at 5:26 pm - Reply

    Thanks for the info Colligan

  99. Pamell Lop August 2, 2020 at 12:30 pm - Reply

    Good to check up on your insurance

  100. Michele Cal August 22, 2020 at 9:59 am - Reply

    thanks, good start to questions… i have others

  101. Brenda Pap August 27, 2020 at 6:14 am - Reply

    I like to talk every couple years or if I have a life change or property change.

  102. Kristi August 30, 2020 at 7:36 am - Reply

    Take assumptions off the table when it comes to insurance

  103. Sandra Wedge September 13, 2020 at 2:40 am - Reply

    Let’s do this, time for a real insurance check up

  104. Maria Wag September 17, 2020 at 3:24 am - Reply

    Let me sign up with you guys

  105. Susan Wooks September 26, 2020 at 9:58 am - Reply

    Thank you, good idea

  106. Dorothy Pierb September 27, 2020 at 2:05 pm - Reply

    People need to be doing this regularly

  107. Cathy Pierb October 1, 2020 at 2:43 am - Reply

    A quick assessment is good, but I’d like to get together too

  108. Sara November 12, 2020 at 8:27 am - Reply

    It is good to check up on your insurance once in a while

  109. Billy December 25, 2020 at 12:30 am - Reply

    I really don’t want to take the time

  110. Haliey January 6, 2021 at 3:51 am - Reply

    This is a good article. Thanks for taking the time

  111. Connie C January 18, 2021 at 6:16 am - Reply

    As painful as it is sometimes you gotta think about your insurance

  112. Eric February 11, 2021 at 1:20 am - Reply

    Gotta pay attention to this people

  113. Pembrooke W February 11, 2021 at 6:19 am - Reply

    I hate going over my insurance, just takes time and is complicated and expensive

  114. Quincy February 14, 2021 at 8:14 am - Reply

    I guess it is important to review your insurance once in a while

  115. Ben February 15, 2021 at 9:15 pm - Reply

    Every once in a painful while….

  116. Eric D February 27, 2021 at 12:44 pm - Reply

    Lots of people never think about their insurance…whats new?

  117. Regina February 28, 2021 at 1:05 am - Reply

    Watch out what you are doing so that you aren’t caught off guard

  118. Shelly March 10, 2021 at 7:24 am - Reply

    It’s important to understand your insurance thanks

  119. Ryan January 22, 2022 at 10:17 pm - Reply

    I do agree with all the ideas you’ve presented on your post. They are very convincing and can certainly work. Still, the posts are very quick for starters. May you please lengthen them a bit from subsequent time? Thank you for the post.

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