INSURANCE GUIDE
Insurance Renewal Review Checklist
A renewal is a good time to confirm that the policy still reflects how the business or property actually operates today, not just how it looked last year.
Start with what changed
Review changes in revenue, payroll, employees, services, ownership, locations, vehicles, drivers, property values, contracts, equipment, tenants, or operations. Small operational changes can affect underwriting and coverage needs.
Documents to gather
Keep the current declarations, full policy, schedules, endorsements, loss runs if available, updated payroll or sales figures, vehicle lists, property details, and any new contracts or insurance requirements.
Review limits and deductibles
Compare limits, deductibles, retentions, sublimits, defense-cost treatment, valuation, business income, and any inflation or replacement-cost assumptions.
Review names and exposures
Confirm named insureds, entities, addresses, additional insured requirements, mortgagees or loss payees, vehicle ownership, professional services, and employee counts.
Compare more than price
A lower premium may reflect a different deductible, limit, exclusion, valuation method, coverage trigger, or endorsement. Compare policy terms alongside premium before making a change.
Related resources
Coverage note: Insurance coverage varies by insurer, policy form, endorsement, limits, exclusions, and the facts of a claim. This article is general educational information and is not a substitute for reviewing the actual policy.
In this guide
- Business changes
- Policy documents
- Limits and deductibles
- Coverage comparison
Related coverage
Questions about this coverage?
Talk with ECLICK about your current policy, upcoming renewal, or the coverage you are comparing.