As the New Year approaches, many of us focus on setting personal goals—getting healthier, saving more, or trying something new. But have you thought about giving your insurance policies a fresh start? 

Making insurance resolutions can set you up for a year of protection, peace of mind, and financial security. Here are some smart resolutions to kick off 2025 on the right foot!

Review and Update Your Policies

Life changes quickly, and your insurance should keep up. Resolve to:

  • Evaluate Coverage: Check if your current policies reflect changes like a new home, car, or family member.
  • Fill Coverage Gaps: Look for areas where you might be underinsured, such as inadequate liability limits or missing endorsements.
  • Adjust for Value Changes: If you’ve renovated your home or bought high-value items, ensure they’re properly covered.

Revisit Your Life Insurance Needs

Life insurance isn’t a “set it and forget it” policy—it needs to grow with your life.

  • Assess Your Family’s Needs: Ensure your policy reflects changes like marriage, having kids, or paying off debt.
  • Explore New Options: If you only have employer-provided coverage, consider supplementing it with an individual policy for greater flexibility.
  • Name or Update Beneficiaries: Double-check that your beneficiaries are correct and up-to-date.

Boost Your Cyber Protection

In today’s digital world, cyber risks are real for individuals and businesses alike.

  • Consider Cyber Liability Insurance: Especially if you run a small business, this coverage protects against data breaches and cyberattacks.
  • Secure Your Home Network: With more smart devices in homes, personal cyber protection is becoming increasingly relevant.

Bundle and Save

Make this the year you save money without sacrificing coverage.

  • Explore Bundling Options: Combining home and auto policies can often lead to discounts.
  • Ask About Loyalty Rewards: Many insurers offer savings for long-term customers or for adding multiple policies.

Make Safety a Priority

Preventing accidents or damage can often save you from making a claim altogether.

  • Invest in Home Safety: Install smoke detectors, security cameras, or water leak sensors to reduce risks.
  • Winterize Your Home and Car: Protect against cold-weather hazards like frozen pipes or icy roads.
  • Encourage Safe Driving: Many insurers offer discounts for using telematics devices that monitor driving habits.

Plan for the Unexpected

Emergencies can happen, but being prepared makes all the difference.

  • Build an Emergency Fund: Aim to save three to six months’ worth of expenses to cover deductibles or gaps in coverage.
  • Understand Your Policies: Know what’s covered, what isn’t, and what your deductibles are for all policies.

Schedule an Annual Insurance Review

Your insurance agent is here to help you stay protected and informed.

  • Ask Questions: Use your review as an opportunity to clarify policy details and explore new options.
  • Check for Discounts: See if you qualify for new savings based on changes in your lifestyle or habits.
  • Simplify Your Coverage: Consolidate policies if possible to make managing your insurance easier.

Educate Yourself on Emerging Risks

The insurance landscape is always evolving. Resolve to stay informed about trends like:

  • Climate Impact: Understand how natural disasters might affect your coverage needs.
  • Evolving Risks: Learn about coverage for new risks like shared economy ventures (e.g., renting out a property or driving for a rideshare service).

 

Let’s Make 2025 a Protected Year

The start of a new year is the perfect time to ensure your insurance policies are working as hard as you are to protect what matters most. Taking these steps now can save you stress, time, and money down the road.

Need Help With Your Resolutions?
We’re here to make your insurance resolutions easy and effective. Whether it’s reviewing your policies, finding discounts, or adding coverage, we’ve got you covered. Contact us today to get started!