Year-End Insurance Checklist: Ensure You're Covered for the Year Ahead
As we approach the new year, it's the perfect time to review your insurance coverage to ensure your protection aligns with your current needs. Like any good New Year’s resolution, this checklist is achievable, meaningful, and most importantly it includes everyone you love.
Here's a comprehensive checklist to help you evaluate your insurance portfolio:
Review Your Home and Auto Insurance
- Has your home's value increased due to renovations or market changes?
- Have you acquired valuable items like jewelry or electronics that need additional coverage?
- Are your auto liability limits sufficient for your current assets?
- Have you installed security systems or safety features that might qualify for discounts?
Evaluate Life Insurance Coverage
- Have there been significant life changes (marriage, children, mortgage)?
- Is your coverage amount still adequate for your family's needs?
- Has your health improved, potentially qualifying you for better rates?
- Are your beneficiary designations up to date?
Assess Health Insurance Options
- Are your current prescription medications covered under your plan?
- Have your preferred healthcare providers remained in-network?
- Medicare beneficiaries: Have you reviewed plan changes for the upcoming year?
- Could a Health Savings Account benefit your financial strategy?
Check Personal Income Protection
- Does your disability insurance cover enough of your current income?
- Have you considered long-term care insurance as you age?
- Is your emergency fund sufficient to cover insurance deductibles?
Consider Emerging Insurance Needs
- With increased remote work, would cyber insurance protect your digital assets?
- Could identity theft insurance provide valuable protection?
- Do you need umbrella insurance to protect against lawsuits?
Remember, insurance needs evolve with your life circumstances and we’re here to help. Schedule a comprehensive review with me today and ensure your coverage continues to protect what matters most to you.
The start of a new year is your opportunity to close any coverage gaps and optimize your insurance protection for the months ahead. Happy New Year!
Featured Blogs
- Understanding Your Insurance Options
- Questions to Ask Before Choosing an Insurance Policy
- Healthy Habits, Healthier Premiums: How Lifestyle Changes in 2025 Can Impact Insurance Rates
- Why Insurance Should Be Part of Your 2025 Resolutions
- New Year, New Coverage: Why January Is the Perfect Time to Reassess Your Health Insurance Needs
- Smart Ways to Cut Insurance Costs without Sacrificing Protection
- Year-End Insurance Checklist: Ensure You're Covered for the Year Ahead
- Life Insurance Myths Debunked: What You Really Need to Know
- Why Choosing an Independent Insurance Agent Could Be Your Best Decision Yet
- Exploring the Benefits of Whole Life Insurance Beyond Basic Coverage
- The Critical Role of Life Insurance in a Comprehensive Personal Finance Strategy
- A Layman's Guide to Choosing the Right Health Insurance Plan
- Flu Season Survival Guide
- Brown and White Eggs: What’s the Difference?
- Prioritizing Preventive Care in Your Wellness Journey
- Understanding Your Health Insurance Deductible: Tips for Making the Most of Your Coverage
- Why Supplemental Health Insurance Might Be Worth Considering
- Healthy Living on a Budget: How Insurance Can Help You Save on Wellness Expenses
- Understanding Co-Pays vs. Coinsurance: Making Sense of Your Health Insurance Costs
- US News & World Report
- August 2024 Newsletter
- Medicare Missives - February 4th
- Medicare Missive-Case of the Week
- Medicare Missive - January 30th
- Medicare Missive...Case of the Week, January 13th
- Why Do I Keep Breaking My New Year's Resolutions?
- Closing Out the Year with a Smile!
- Medicare Missives - December 27th
- 6 Cold Weather Safety Tips
- Medicare Missives Dec 16th
- So You Missed Open Enrollment
- 10 Tips for Managing Cholesterol Levels
- Medicare Missive - Dec 2nd
- 3 Top Tips for Better Posture
- Building Bone Density for Seniors
- Medicare Missive...from the Beach - Drug Plan Comp
- BourneTV Appearence - November 2022
- Medicare Missive - November 5th
- Medicare Missive - Oct 26
- Medicare Missive - Oct 17th
- 7 Benefits of Slow Travel
- Medicare Missive - Oct 11th
- Utilizing Medicare Preventative Services
- Medicare Missive - Oct 6th
- 7 Tips to Weather Challenging Periods in Your Life
- Medicare Missive - Sept 30
- Medicare Missive Sept 26
- Medicare Missive - Sept 22