With wildfires affecting communities across the United States, now is one of the best times to review your homeowners insurance. Most people don’t think about their insurance until they need it—and by then, it’s often too late to make important changes.

As a homeowner, ask yourself one simple question:

When was the last time you sat down with your insurance agent to review your policy?

Many homeowners make improvements to their homes over the years without ever updating their insurance coverage. Kitchen remodels, new flooring, custom landscaping, solar panels, detached shops, and other upgrades can all increase the value of your home. If your policy hasn’t been updated, you could discover you’re underinsured when you need coverage the most.

It’s also important to think about your personal belongings. Have you purchased expensive jewelry, firearms, collectibles, artwork, musical instruments, motorcycles, classic cars, or other valuable items? Many of these may require additional endorsements or separate policies to ensure they’re fully covered. Don’t assume everything is automatically protected—it’s worth having that conversation with your insurance professional.

If the Worst Happens

If a wildfire or other disaster destroys your home, your first priority is keeping yourself and your family safe.

One of the first things you’ll likely need to do is secure temporary housing, whether that’s a hotel, Airbnb, or rental home. Many homeowners insurance policies include Loss of Use (Additional Living Expenses) coverage, which can help reimburse these costs while your home is being repaired or rebuilt. However, depending on your policy and the circumstances, you may need to pay these expenses upfront before reimbursement is processed. That’s why having an emergency fund or available credit can provide valuable peace of mind.

Rebuilding a home after a major wildfire can also take much longer than many people expect. Between insurance claims, permitting, contractor availability, and material shortages, rebuilding may take a year—or even longer in areas affected by widespread disasters. Having a plan for temporary housing ahead of time can reduce stress during an already difficult situation.

Document What You Own

One of the easiest things you can do today takes less than an hour.

Once a year, walk through your home with your cell phone and record a video of every room. Open closets, cabinets, drawers, the garage, attic, and storage areas. Narrate what you’re recording if possible.

This simple annual habit creates a valuable record of your belongings and can make the insurance claims process much smoother if you ever experience a loss. It’s amazing how many items we forget we own until they’re gone.

Consider an Umbrella Policy

Another conversation worth having with your insurance agent is whether an umbrella liability policy makes sense for your situation.

An umbrella policy provides additional liability protection above the limits of your homeowners and auto insurance. While many people never need it, it can provide significant financial protection in certain situations involving lawsuits or major liability claims. It’s often more affordable than people expect and can offer added peace of mind.

Don’t Wait Until After the Disaster

Insurance isn’t something you want to review after an emergency—it should be reviewed before one happens.

A yearly conversation with your insurance agent can help you:

• Confirm your home is insured for its current value.
• Update coverage after renovations or major purchases.
• Make sure valuable items are properly protected.
• Understand your temporary housing benefits.
• Decide whether additional coverage, such as an umbrella policy, fits your needs.

Taking a little time now could save you significant stress and financial hardship later.

If you have questions about protecting your home, preparing financially for emergencies, or how your mortgage and insurance work together, I’d be happy to point you in the right direction. Feel free to reach out anytime.