When your home insurance renewal notice comes in the mail, do you file it away and let your coverage remain the same, year after year? You’re not alone. But it’s unlikely that you’re in the same position today as you were when you first bought your policy — and that renewal notice is a great reminder to think about how your needs may have changed, whether or not your existing coverage is still enough, and new ways you could be saving money on your insurance. When you receive your next renewal notice, consider these five factors before just filing it away.

1. Don’t miss out on discounts.

Did you know you could qualify for discounts on home insurance if you’ve recently paid off your mortgage or installed a home security system, a monitored smoke detector, a sump pump, a backwater valve, or a new roof? These are just a few of the discounts you may be eligible for, depending on your location and your insurer. Talk to us about all of the home insurance discounts available to you.

2. Take stock.

If it’s been a while since you’ve updated your home inventory, take a walk through your home and make sure all of your valuables are on the list. Remember that there are likely special limits in your home insurance policy for items like fine arts, jewellery, and collectors’ items. Review the limits outlined in your policy and reach out to us if you need to add additional coverage for that recently acquired Rembrandt or ruby ring.

3. Revisit your liability limit.

If something in your life has changed that may increase the chances of someone being injured on your property (maybe you have a new pet or you’ve installed a swimming pool, for example), it’s a good idea to revisit your liability limit at renewal time. Talk to us about how liability coverage works and to explore your options.

4. Mind your business.

It’s important to talk to us when you first start a home-based business, but if you’ve recently taken on a new entrepreneurial venture and haven’t yet crossed that off your list, now’s the time to do it. We can make sure you have the coverage you need.

5. Remember your renos.

Make sure you talk to us about any recent renovations before you renew your policy. Your renovations may have changed the value of your home (meaning you might need to increase your coverage), or you could be eligible for new discounts.


These are just a few of the things you may want to consider when renewing your home insurance policy. You could also think about increasing your deductibles, bundling your home and car insurance policies, or seeing if you qualify for discounted insurance through your school, employer, or association to lower your premium.

Contact us today and save on your insurance!

I am interested in receiving a call from your office regarding:


Dan Lawrie Insurance Brokers - Travelers Insurance Logo Dan Lawrie Insruance Brokers - Economical Insurance LogoDan Lawrie Insurance Brokers - Novex Insurance LogoDan Lawrie Insurance Brokers - Aviva Insurance LogoDan Lawrie Insurance Brokers - Chubb Insurance LogoDan Lawrie Insurance Brokers - Intact Insurance LogoDan Lawrie Insurance Brokers - PemBridge Insurance LogoDan Lawrie Insurance Brokers - Gore Mutual Insurance LogoDan Lawrie Insurance Brokers - PafCo Insurance LogoDan Lawrie Insurance Brokers - Premier Marine Insurance LogoDan Lawrie Insurance Brokers - Jevco Insurance LogoDan Lawrie Insurance Brokers - Aviva Elite Insurance LogoDan Lawrie Insurance Brokers - Manulife Insurance LogoDan Lawrie Insurance Brokers - Equitable Life LogoDan Lawrie Insurance Brokers - The Great West Life Insurance LogoDan Lawrie Insurance Brokers - Sun Life Insurance LogoDan Lawrie Insurance Brokers - The Co-Operators Insurance LogoDan Lawrie Insurance Brokers - Waterloo Insurance LogoDan Lawrie Insurance Brokers - CAA LogoDan Lawrie Insurance Brokers - North Bridge Logo