Insurance isn’t one-size-fits-all. Your home, car, and location play a huge role in what coverage you actually need.

Some people are over-insured, paying for coverage they don’t really need. Others are under-insured and might face massive out-of-pocket costs after a disaster. Do you know if you are appropriately insured?

Take this quiz to see where you stand!

1. Do you live in an area prone to flooding (coastal, near a river, or in a low-lying region)?
A) No, I’m in a low-risk area, so I don’t need flood insurance.
B) Yes, and I have flood insurance to cover potential damage.
C) Yes, but I only have standard homeowners insurance.
D) No, but I have flood insurance just in case.
Note: Flood insurance is not included in standard homeowners policies.

2. How old is your home?
A) It’s newer, and I don’t need extra coverage.
B) It’s older, and I have extra coverage for things like outdated wiring, plumbing, or foundation issues.
C) It’s older, but I haven’t made any special coverage adjustments.
D) It’s newer, but I have additional coverage just in case.

3. Are you in an area prone to earthquakes, landslides, or sinkholes?
A) No, I’m in a stable geographic region and don’t need earthquake coverage.
B) Yes, and I have earthquake insurance.
C) Yes, but I don’t have earthquake insurance.
D) No, but I have earthquake insurance just in case.

4. Do you have a pool, trampoline, or other high-risk features in your yard?
A) No, I don’t have anything like that, so I don’t need extra liability coverage.
B) Yes, and I have increased liability coverage in case of accidents.
C) Yes, but I haven’t updated my policy to reflect the added risk.
D) No, but I have extra liability coverage just in case.

5. How do you use your car?
A) I barely drive, so I don’t need extensive coverage.
B) Just personal use, and I have standard coverage that fits my needs.
C) I have a long commute or do a lot of driving but only have a standard policy.
D) I barely drive, but I have full coverage with every add-on.

6. Have you made major renovations or upgrades to your home?
A) No, I haven’t made major changes, so I haven’t needed to update my coverage.
B) Yes, and I updated my homeowners insurance accordingly.
C) Yes, but I didn’t update my policy.
D) No, but I increased my coverage just in case.

7. Do you have expensive valuables like jewelry, art, or collectibles?
A) No, I don’t own anything valuable enough to need extra coverage.
B) Yes, and I have additional coverage (a rider or floater) to insure them properly.
C) Yes, but I just assume my standard homeowners policy will cover them.
D) No, but I still have extra coverage for high-value items just in case.

8. How often do you review your insurance policies?
A) Regularly—I check my policies every year or after major life changes.
B) I review my policies when making a big purchase, like a home or car.
C) I rarely check my policies and assume I’m covered.
D) I frequently add extra coverage even when nothing has changed.

Results: Are You Over-Insured, Appropriately Insured, or Under-Insured?
Mostly A’s: Low-Risk & Appropriately Insured – You don’t have high exposure to major risks, and your coverage reflects that. You’re not paying for unnecessary insurance but still protected where needed.

Mostly B’s: Appropriately Insured for Necessary Risks – You’ve assessed your risks and have the right amount of coverage. You’re not overpaying, but you’re also not leaving yourself vulnerable.

Mostly C’s: Underinsured – You have some gaps in your coverage, which could leave you with major unexpected costs. It’s time to review your policy and consider adding coverage where needed.

Mostly D’s: Over-Insured – You may be paying for coverage you don’t really need. If your policies are filled with add-ons that don’t apply to your situation, it might be time to reassess and cut unnecessary costs.

Are You Covered Where It Counts?

Insurance needs change over time, and staying on top of your coverage ensures you’re protected without overpaying. Whether this quiz confirmed that your policy is right for you or made you realize there are gaps to fill, now is the perfect time to review your coverage.
Your trusted Rockingham Insurance agent can help you fine-tune your policy so it’s the right fit for you. Contact us today for a personalized policy review for confidence that you’re covered where it matters most.