Coverage Reviews

I have been talking with a banker.  He emailed me the following: 
“Most of our renewals are in the fall.  I may give you a call prior to those renewals to talk.”
My reply: 
“Always glad to talk.  Renewals are best managed when started 120 days ahead.  Of course, a coverage review catches uninsured/underinsured areas at any time – perhaps just before a loss.”
The holes in your insurance do not wait for renewal.  Claims occur whenever…
Coverage problems are discovered either when a claim isn’t covered or when someone discovers the coverage gap.
I’m frequently asked when is the best time to review insurance coverage.
My answer is, “Just before an uncovered claim.”