Helpful Insurance Tips for the New Year

Auld Lang Syne

It is now one second past midnight on January 1st, and people in your time zone are celebrating the New Year. Why do we attach so much significance to the changing of the calendar? We can thank Julius Caesar for New Year’s Eve parties, when he changed the calendar and everyone took notice. This unique time change gives us the opportunity to celebrate and reflect. We want to take stock of what went well in 2017, and make adjustments to bring forth a better 2018, and that includes insurance tips for the new year.


We want to lose weight. We want to make more money. We want to feel more spiritually fulfilled. We want to find the job we truly love. We want more control over our lives. Whatever ‘it’ is for you, one of the things we all should do at the start of the new year is to take stock of our insurance, and make sure we have the coverage we need to protect our families. The team at Partners Direct Insurance, take seriously the task of making sure you have the right insurance for your home, auto and business needs.


Most people find an insurance policy that works for them, and then they mentally check off that box and never think of it the rest of the year. But we think it is important to re-evaluate your policies and coverage to make sure it is the best fit for you. That’s why our company is dedicated to working with your individual needs to find the best fit for you.


So take the mental dust off those policies, and consider a few things:


Risk managers are essential to your family’s well-being. Yes, they will tell you to think about what could possibly go wrong in 2018. That’s their job. It’s important to listen so you can find the best coverage for your individual needs.


There’s No Place Like Home

For example, if your home was destroyed by a wildfire, what would it take financially to get you back on your feet? If you leave for a weekend and a water leak springs from your kitchen sink and half of your home is flooded, how well are you covered? It’s important to figure out what it would actually cost you to rebuild, repair or replace the structure with brand new materials of comparable quality. Does your policy include coverage that provides for your family if you need to relocate? Those costs can add up very quickly following a home emergency.


On the Road Again

If your car is totalled by a driver with no insurance, how soon can you get back on 4 wheels? One of the most common insurance pitfalls for drivers is being uninsured and not understanding the coverage they have already purchased. What if you are injured? Will your insurance policy pay for medical needs? What if you are at fault and others are hurt? Will your policy cover their medical needs? It’s estimated that 40 percent of drivers on the roads aren’t adequately covered by their insurance policies for bodily injury. One mistake on the road can ruin you financially for years to come. How much car insurance do you need? Talk with our team to discuss your individual needs: sometimes it makes sense to increase your deductible. If you can save $200 by assuming an additional $500 worth of risk, it might be worth it.


Now Let’s Get Down to Business

If you run a business out of your home, you’ll want to check on your insurance options. If you store inventory at your home, or have customers coming in, you need to consider your liability in the case of theft, or if a customer would slip and fall. It just makes sense to protect yourself from the worst case scenarios.


We agree: not pleasant topics, but these insurance tips for the new year are essential ones to consider when talking with our team. At Partners Direct Insurance, we love our clients and make sure we match the best policy to their needs. Call us and let’s celebrate 2018!