Most people don’t consider insurance when thinking about their New Year’s resolutions, but there are numerous benefits to consider. Before contacting your agent, it’s important to understand what goals will set you up for success in the new year.

Insurance Resolution Ideas

1. Homeowners Insurance

A lot can happen around a home over the course of the year, so it’s important to take stock before the new one starts. If you’ve added new appliances or large pieces of furniture, add up their value to ensure your existing coverage protects the new amount. You should also report any home additions or renovations to your insurance agent to decide if you need additional coverage or a new plan entirely.

2. Car Insurance

Because there are so many different factors that affect this insurance, it’s recommended to contact your agent to ensure you still have the best coverage. Things, like getting a new vehicle, traffic violations, or even changing credit scores, can have an effect on the policy, so if there have been any major changes, you might be eligible for a better policy. Many providers also reward loyal customers, and your agent might be able to get you better rates now that another year has passed.

3. Business Insurance

If you run your own company, this type of policy is crucial to keeping both it and yourself protected from things like property damage, legal liability, and employee-related risks. If it’s grown over the course of the year or you’ve added more employees, you should reevaluate the current policy and decide if these changes warrant revising the coverage to better fit your current needs.

4. Shop Around

Regardless of what type of policy you are working with, the new year is a great time to make sure you are getting the best coverage at the best price possible. Often times, there are numerous discounts available when you bundle different policies. Ask your agent to shop around with the various providers they work with to see if you are eligible for discounts so you can save money in the new year.

 

For these and any other insurance goals, you need a professional on your side. Hazard Insurance Group in Perry County, KY, has worked with local residents and business owners to find the best coverage for their individual needs since 1915. Request your quote by calling (606) 436-3165 or learn more online.