5 Questions to Ask when Reviewing Your Insurance Policy

Published July 14, 2022

As the cost of everything rises, it’s important to look at your insurance policies to see if we can maximize your discounts – and save you money. 

At Maps Insurance, we partner with more than a dozen insurance carriers so we can customize coverage for each of our clients. We function like a broker, finding the best option on the market for everyone – whether you’re new or old to driving, or if you rent or own a home. 

When you work with a credit union like Maps, you can have peace of mind that we have your best interest at heart. We aren’t focused on making money from your policies, but rather making sure that your needs are met. We will help you balance affordability with the coverage that makes you comfortable. 

To help you get started, we’ve collected the top questions you should bring to your insurance carrier to review your coverage or reach out to us, whether you’re a Maps member or not — we can help! 

1. Am I taking advantage of all available discounts? 

Insurance companies offer dozens of discounts — and you probably qualify for at least a few. Review your policy with your carrier to make sure you’re saving as much as possible. You can usually get discounts for: 

  • Bundling auto & home insurance 

  • Buying multiple insurance policies (also called multipolicy or multiline discounts) 

  • Affiliations with groups like AAA or university alumni programs 

  • Working a certain job, like teacher or nurse 

  • Working from home or retiring 

  • Military service 

  • Being a senior citizen 

  • Your vehicle’s safety features, low mileage or safe driving 

Industry Tip: Not only will bundling your home and auto insurance generally save you money, but it also alleviates the burden of managing different policies with different carriers. 

2. Is my policy information updated? 

It’s amazing how many people overpay for coverage because they haven’t updated their insurance provider recently. Check your coverage annually, or anytime you go through a major life change. Some changes that can impact the cost of your coverage include: 

  • Moving to a different neighborhood 

  • Selling a vehicle 

  • Getting married or divorced 

  • Teens becoming adults – make sure they aren’t still listed as “teen drivers” on your policy 


3. Is my home properly valued? 

Many people renovated their homes during COVID lockdowns, and it can be easy to forget to relay that information to an insurance agent. Renovations change the value of your home, and your policy should reflect these changes. 

If you don’t update your carrier with home renovations, there could be a gap in your coverage – which would leave you without the proper resources to rebuild in the event of a loss. And on that note, “replacement value insurance” is important in an era of inflation. It would cost you a lot more to rebuild your house when inflation is high. 

4. Does my coverage include extreme weather? 

Our community has recently seen uncommon events, including wildfires and an ice storm. Some members have expressed wanting to have coverage for those rarer cases now, including flood and earthquake coverage. If this is something you’re interested in, ask what enhanced coverage would cost. 

5. Should I raise my deductible? 

No! The difference in cost for adjusting your deductibles is minimal. On average, you may save $37 every six months while increasing your out-of-pocket expense should you have an accident from $250 to $1000. 


Overall, the goal of your insurance coverage is to have comprehensive protection in all areas of your life. Our Maps insurance agents will work with you to find that protection for the most reasonable price. And we’ll keep those premiums as fair as possible by reviewing your coverage regularly. 

Our insurance department earned Best of the Willamette Valley in 2021 and 2022, because our agents provide excellent service and care. Our goal is to protect you, save you money and simplify your experience.  

If you are looking to update your insurance policies, our agents have experience with home, auto, life, renter’s, umbrella, motorcycle, off-road, RV, antique cars, and boat insurance. We serve the Mid-Willamette Valley, but can also write in California, Washington, Nevada, Arizona, and more. Contact us today!