100 Days Left: Personal Insurance Review Checklist

Time Flies: Why Now Is Ideal for Reviewing Insurance

With the year winding down to its last 100 days, it's easy to feel overwhelmed with the rush of daily life. But this is precisely why now is the ideal time for a closer look at your personal insurance coverage. Life's pace doesn’t slow down; homes get upgraded, new drivers hit the road, and these shifts can leave you vulnerable if not addressed.

Check Your Homeowners/Renters Insurance

Take a moment to evaluate your homeowners or renters insurance. Have you made any renovations or upgrades recently? Such changes can alter your home's value, which can impact your insurance needs. Consider not only past modifications but future ones that might happen before the year closes.

Evaluate Valuable Items Coverage

Those valuable items you cherish—like jewelry, electronics, and collectibles—should be properly documented and insured. It's good practice to confirm their current value and adjust coverage as necessary.

Review Your Auto Insurance

Have you had any recent changes with your vehicles, drivers, or car usage? Whether it’s adding a new driver in the household or altering the vehicle's primary use, these changes need to be reflected in your auto insurance policy to ensure full protection.

Umbrella and Liability Protection

Review your umbrella policy, ensuring it aligns with your current assets. New risks, like a pool, trampoline, pond, or even a new pet, can greatly affect your liability exposure. It’s vital to keep this updated to protect yourself effectively.

Take Notes and Consult a Professional

As you work through each point, jot down any observations or concerns. This will help you address potential coverage gaps efficiently. If you're ever unsure about your current protection, seeking the advice of an insurance professional can provide clarity.

A Small Investment for Major Peace of Mind

Remember, small updates to your policies now can stave off major headaches later. Reviewing your insurance coverage may seem minor, but it is a powerful step toward achieving peace of mind as the year comes to a close. Let's make these last 100 days count!