Have you included insurance on your New Year’s checklist, West Texas?

As we approach the end of another year, now proves an important time to make sure that your insurance needs are up-to-date. There are a number of things you can do to help ensure that your coverage remains appropriate for your circumstances.

Look below for a few, quick, simple tips to consider as you create your New Year’s checklist:

1. Review your insurance needs and coverage limits carefully.

One of the most important steps you can take to protect yourself is to review your insurance coverage regularly and make sure that it accurately reflects any changes in your life or circumstances. For example, if you have recently bought a new home, you may need more homeowners’ insurance coverage than you previously had. Or, if you have a new car in your household, you may need to increase your auto insurance coverage. Take some time to think about what changes might have occurred in your life and make sure that your insurance policies reflect these changes appropriately.

2. Consider investing in additional protection for high-value assets.

If you own any valuable items or assets, such as jewelry, art, or antiques, it is a good idea to consider purchasing additional coverage for these items. This will help ensure that your valuable possessions are protected in the event of loss or damage so that you can replace them if necessary.

3. Take advantage of any available discounts on insurance policies.

Many insurance providers offer discounts to customers who take certain actions or meet certain criteria. For example, some companies offer lower rates if you pay your premiums in full at the start of each term, or if you purchase multiple policies from a single provider. Be sure to review any available discounts with your insurance company and see if there are any that you might be eligible for.

4. Shop around for the best rates and coverage.

Even if you are happy with your current insurance provider, it doesn’t hurt to review the options available to you periodically and shop around for better rates or policies. This can help ensure that you are getting the most bang for your buck when it comes to your insurance needs.

As you create your New Year’s checklist, make sure it includes an evaluation of your insurance!

You want certainty, and taking the time to review your needs and coverage should happen on a regular basis.

At Mike Lively Insurance Agency, we aim to provide the best insurance consulting and coverage across West Texas (since we live here, we know the advantages and the challenges you face).

Don’t hesitate to contact us.

This will help you stay protected and prepared for any changes that might occur.

Here’s to a great 2023!