Annually, at minimum, and after any real change
A high-value policy needs a real review once a year, not just a renewal notice that goes unread. On top of that annual baseline, any of the following should trigger an immediate review rather than waiting for the scheduled one: a major renovation, a significant new purchase for a collection, a change in household liability exposure, or simply enough time passing that construction costs have moved meaningfully since the policy was last checked.
Why annual isn’t just a formality
Construction costs, collection values, and liability exposure all move independently of your renewal date. A policy reviewed once a year against current numbers catches drift before it becomes a real gap. A policy that just renews on autopilot lets that same drift accumulate silently, often for years, until a claim reveals it.
Talk to a specialist
Have a question about how this applies to your specific property? A quick conversation is faster than reading the rest of this guide.
What an annual review actually checks
- Dwelling coverage against current construction costs, not the figure from when the policy was written
- Scheduled valuables against current appraisals, not original purchase prices
- Liability exposure against any changes in net worth, property features, or household circumstances
A policy that hasn’t been reviewed in over a year isn’t necessarily wrong. It’s just increasingly likely to be.
How we handle this
We build the annual review into an ongoing relationship rather than a one-time engagement, so it actually happens on schedule rather than depending on you remembering to ask.