As our lives change, so do our insurance needs. Letting us know about changes can ensure that you have adequate insurance coverage through Stanberry Insurance. Here are some examples of when to check your coverage:

1. You’re remodeling or building an addition to your property. When you hire the contractor, request a certificate of insurance to confirm their liability and workers’ compensation coverages. Review the certificate and your homeowners policy with our agency. In some cases, remodeling projects can increase your home’s reconstruction cost.

2. Your teen starts driving. If a teenager in your home is learning how to drive, that means you’ll soon need to help them purchase insurance. We can guide you through the process, find the best way to add them to your policy and provide materials about safe driving behavior.

3. You got a new job. If you have accepted a position and the work commute is shorter or longer, call us. A significant change in annual mileage could warrant a change in your auto policy. (And that could save or cost you money.)

4. You bought a new ride. If you’ve purchased or leased a new or used vehicle, your insurance policy needs to be updated. Car dealers are required by law to confirm insurance coverage, but only you can make the necessary changes to your policy to make sure you’re fully protected.

5. You’re saving a buck with refinancing. When you’re taking advantage of lower interest rates by refinancing your home or vehicle, your policy should be updated to reflect any new mortgagee or lienholder.

6. Your family’s growing and changing. When you get married or welcome a new baby to the family, the new responsibilities may warrant a change in your home, auto and life insurance coverage.

7. You’ve bought a little luxury. When you purchase valuables such as a diamond ring or a rare piece of art, you should contact your agent. Your homeowners policy covers personal belongings and furnishings, but higher-valued items may have coverage limitations. An endorsement may be advisable for more costly or unusual items.

8. You’ve decided to work from home. If you’re starting a business out of your house, let us know. Depending on the equipment and the nature of your work, an endorsement or separate policy may be necessary to protect your investment and liability exposures.

9. It’s time to retire. Ready to kick back and relax? We can help you maximize the benefits of your retirement plan with a life insurance program.*

No matter what you’re considering, contact our agency. We will assist you with life, auto or home insurance policy changes and insurance needs.*

Your workers compensation policy provides coverage for your regular, ongoing operations in the states that are listed in your policy.

Your policy also provides temporary coverage for new operations, which begin after the effective date of your policy period, in other states. This coverage is called “Other States Insurance.” These states should also be listed in your policy.

If you have questions about what states you have workers compensation insurance coverage in, this would be a good time to contact our office. We can discuss your operations and make sure that you have the right coverage in the proper states.

“Stanberry Insurance has shown tremendous growth and profitability through the last 3 years and we are pleased to include them in our 2010 group of Champions Club agencies. We will continue to work closely with Stanberry Insurance to provide benefits and support,” stated Brad Moock, Assistant Vice President of Business Development with Builders Mutual Insurance Company.

Headquartered in Raleigh, Builders Mutual is one of the Southeast’s leading writers of commercial insurance for the residential and commercial construction industries and is rated A (“Excellent”) by A.M. Best Company. Since its inception, Builders Mutual has broadened its territory beyond North Carolina to include the District of Columbia, Georgia, Maryland, Mississippi, South Carolina, Tennessee and Virginia. The company provides coverage to more than 14,000 policyholders through more than 3,000 sales agents and employs more than 160 staff at its Raleigh headquarters.