Ray Johnson
End-of-Year Personal Insurance Checklist
As the year comes to a close, now's the perfect time to make sure your personal insurance coverage is up to date. Life can change quickly—whether it’s home renovations or a new family driver, small adjustments can lead to big coverage gaps if not addressed. Here’s how to ensure your peace of mind as the year wraps up.
1. Auto Insurance
- Evaluate any changes with your vehicles.
- Have new drivers been added?
- Were there changes in vehicle usage, or new cars purchased?
- Make sure your policy reflects your current situation.
2. Homeowners/Renters Insurance
- Consider whether the value of your home has changed.
- Have you made any renovations or upgrades recently?
- Ensure your policy matches your home's current value.
3. Liability Protection
- Review your umbrella policy to ensure it aligns with your current assets.
- New risk factors like a pool, trampoline, or new pets can increase your liability.
- Double-check to ensure your coverage is adequate.
4. Valuable Items
- Confirm that your jewelry, electronics, and collectibles are properly documented and insured.
- These items can be easily overlooked, but their value adds up quickly.
As you go through each point, take quick notes on any gaps or questions that arise. For clarity or professional advice, don't hesitate to reach out to an insurance expert. Remember, small updates now can prevent major headaches later. Taking these steps will not only update your coverage but also give you peace of mind as the year ends.
