The VanDyke Group | Planning for a Great Year
The list of New Year's resolutions may be long, but I'd like to add reviewing your insurance coverage to that list. It's important to have all of your policies updated and reviewed to ensure you're properly covered for 2020.
2020 planning, insurance review, insurance coverage, new year plans,
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10 Jan Planning for a Great Year

January is the perfect time to make resolutions. You might resolve to eat better, lose weight, or organize your home. While these are all good resolutions to have, there is one important resolution most people don’t think about. It’s planning. Planning is a very broad term and can include things like planning this year’s vacations, a plan to save money, or developing a weekly or monthly schedule. I would like to add planning your insurance benefits to the list.

To begin this plan, gather all your insurance documents and set aside the time to carefully review each one. Then ask yourself the following questions.

Do I have coverage for everything I need, like home, auto, life and health?

Are there any changes that need to be made?

Many times, we do not review and update our policies and they become outdated because we have had changes in the year. For example, you might have a teen driver who qualifies for a good student discount, but you’ve never had your agent make the change to your auto policy. Or, you received an expensive piece of jewelry but have not added it to your homeowner’s policy. There are a variety of changes that can affect your coverage so take a close look.

Is the coverage enough?

After reviewing your policies it’s quite possible that you need to plan on adding coverage for 2020. Maybe you’re a new parent and this is the year to purchase life insurance in order to provide for your family if something were to happen to you. Or, quite simply, you need more coverage and an umbrella policy would be a wise addition.

Do I understand what is included in my policy?

When you carefully review your insurance, you may have questions about your coverage. That is why you need a trusted insurance advisor to talk to. They can help you with your planning by answering your questions and getting your current policies updated as well as securing new coverage that better meets your needs. Also, ask if there are any discounts you qualify for. The answer might surprise you.

Material posted on this website is for informational purposes only and does not constitute a legal opinion or medical advice. Contact your medical professional or legal representative for information specific to your needs.