Why You Should Review Your Insurance for the New Year
The New Year is readily approaching! Most of us are still enjoying the festivities of the season. Many of us have lined up new resolutions such as losing weight, saving money, and getting more organized. The New Year is also a great time to resolve to better protect your home, vehicle, and assets with an insurance policy review.
Take a look at these three reasons why you should review your insurance for the New Year!
- Your Needs Change
Think back to when you last reviewed your coverage. Have you changed jobs, married your sweetheart, or donated/received items? If you have items of high value, you may need higher home insurance coverage. If you adopted a dog, you may consider increasing your liability limits. If you’re driving a vehicle with little value, you may decide to drop some auto insurance cover. Your agent will help you evaluate your coverage and lifestyle needs.
- Your Finances Have Changed
Your finances play a role in how much insurance coverage you can afford. Take a moment to review your insurance deductibles, if nothing else. You should be familiar with the deductibles so that there are no surprises if you have a loss. Raising your deductible is a great way to lower your insurance premiums, but you would need to make sure that this deductible isn’t out of your budget.
- You Could be Entitled to Discounts
Are you making the most of discounts? Good Student Discount, Good Driver Discount, and bundling coverages together are great ways to lower your premium without sacrificing coverage. The best way to ensure you’re not missing out on discounts is to talk to your insurer.
Enter the New Year with the right coverages in hand! Talk to the team at Nahai Insurance Services to get started on your tailored insurance policies.