Last month, my own personal auto insurance policy was up for renewal- so as Pat Riley had recently pointed out—it was time for my own insurance physical! When I looked over my policy, I realized that the use of one of my vehicles had changed from a “commute” back and forth to work to “pleasure” use. When we changed that usage, I saved some premium! Also, I realized that the same vehicle was now more than 10 years old, and it didn’t make a lot of sense to carry both comprehensive and collision coverage anymore- so we removed that as well.
The changes to my policy directly related to the changes in my life—and had I not sat down for a few minutes to review what was different from last year, I may have been paying for coverage I didn’t really need anymore.