When our renewal reminders come by mail, we just sign the form immediately because we think we already know what is written there and how much we are going to pay for the next year. Right? Wrong! Below are a few things you ought to think about before signing your renewal notice. If you purchased anything last year, its value is not included in the renewal or if you sold something last year and did not tell the insurance company – then you are paying insurance for something that you don’t own anymore. Bottom line, you are not paying the right amount of insurance premiums. The replacement costs of some things in your building are not the same with last year’s rate, isn’t it? In the same way, did the value of your home remain the same as last year? Didn’t you add an extension to one of your rooms? or did you not renovate the attic? If done properly, this would definitely add some value to your house. The new safety features you had installed in your house just recently will change the value of your house too. All these changes in the house or new purchases must all be noted so that come renewal time of your home Contents and Home Buildings insurance come, you are sure to include them for a better coverage for you. Be sure to get your money’s worth.