Like most Americans, you probably have homeowners, auto, medical and life insurance.

It’s important to review your insurance policies once a year to make sure you have the right coverage for your needs.

Homeowners

Homeowners insurance will pay to repair or rebuild your home if it’s damaged or destroyed by a covered peril.

Ensure that you have adequate coverage to protect and replace your belongings.

Auto

Review your auto insurance to ensure you have enough coverage to pay for damage and medical bills due to an accident.

Adding a new, young driver to your policy or moving can affect your car insurance needs.

Medical

Health insurance policies vary widely in terms of coverage, copays and deductibles.

Review your policy to see if it still meets your needs and explore other coverage options.

Life

Review your life insurance coverage, especially if you experience a major life event, such as marriage, divorce or birth. You may need to change your beneficiary designations.