Happy Fall!

Third quarter has ended and the fourth quarter of the year is upon us.

The onset & preparation of Fall, Halloween, Thanksgiving, Christmas is upon us and the New Year is around the corner.

Do you have any fun fall traditions? Pumpkin picking, apple picking, holiday parties, corn maze tours, visiting the city of Salem, Thanksgiving day run to burn the calories, Sunday afternoon football parties, Christmas concerts, the list could go on?

Many families spend the fall enjoying the cooler weather, the beauty of the fall foliage, and enjoying the warm days before the winter arrives. Families may also spend afternoons raking leaves, pulling out the Christmas lights and decorating their front porch for the season.

In preparation for the fall season, now is the time for an insurance check-up .

Here are a few thoughts:

1) When was the last time you reviewed your homeowner insurance policy?

If it's been over a year, it's a good idea to pull out your policy and review it. Better yet, call your local agent and ask for a policy review. Do you need your golf clubs scheduled on the policy? What do you have for liability coverage? Did you update your electrical or build an addition?

2) While you're reviewing your homeowner insurance, pull out your auto policy. Review it too.

Are you getting a low mileage discount (if you drive less than 10,000 miles per year, you may be eligible for a low mileage discount)? Are you getting a discount for having a car alarm? What is your liability? How much property damage do you have? {our recommendation is at least $100K, but you can pay an additional $5-$20/year for $250K of property damage coverage} Would you need a rental car if you were in an accident? If not, remove the coverage and save yourself $60 annually. Is your insurance payment set up on EFT? If not, doing so could save you $60/year. Is your home & auto policy with the same company? If it is, you are probably eligible for a discount.

Go ahead and review your insurance, and if you want an honest opinion, please contact me at sara@riskadvice.com. I'm happy to share my insurance knowledge.

And for those who visit the orchards. Here's a picture I snapped at Russell Orchards in Ipswich, MA.

Happy Fall