New Year, New Resolutions: Why Your Insurance Coverage Should Top the List

2015 has come and gone, and we all are facing a new year with anticipation and excitement.  If you are like most people, New Years resolutions are part of your “traditions” at this time of year. Whether you desire to lose a few pounds put on thanks to the holiday cookies you splurged on, or to get organized at home or at work, resolutions can be a great motivator to get stuff done and check off your list.

However, something that often gets overlooked on those lists of resolutions is insurance coverage. A new year means you need to review your coverage and determine if it still meets your needs and the needs of your home and family.  Inadequate coverage could leave you facing dire circumstances in 2016 if unfortunate events come your way.  So, what are some things you should evaluate this year when going over your insurance needs?

• Does your policy cover everyone in your home?  If you’ve added a new member, or have had a child “age out” into adulthood, you may need to make sure your policy is adjusted to fit.
• Is your homeowner’s insurance still adequate to replace your home and its belongings in the case of a fire, flood, etc.?  If you have made any large additions to, or purchases for, your home, you need to make sure that you increase your coverage to allow for those.
• Is your auto insurance up to date?  As kids grow up and get behind the wheel, your policy will change.  Make sure you’re prepared for the cost and make sure your coverage is up to par.
• Do you need any additional insurance policies in the coming year?  Perhaps it’s time to think about adding long-term care coverage for you or a spouse, or you need a new life insurance policy drawn up for the newest addition to your family.

If these questions seem overwhelming to you, there is no better time to sit down with an insurance agent and let them help you formulate a plan to make your insurance resolutions happen in the new year.  If you live in the greater Winter Haven area, you know you can trust Carroll Marshall with all your insurance needs.  We are proud to serve our community with quality and personal service.

Happy New Year from all of us, and let’s make 2016 the best year yet!