Many people begin the new year with a resolution of some sort, such as getting in better shape, learning a new skill, or traveling more. However, there is one resolution that can help you find peace of mind. Make January the time to review and update your insurance policies.

Fine-Tune Your Auto Insurance Policy.

Now is a good time to compare the car’s value to what you pay for auto insurance and determine if your policy still fits your needs. Make sure that your policy accurately reflects how your vehicle is being used.

Evaluate Your Homeowners Insurance.

Maybe your resolution last year was to renovate your kitchen or finally finish your basement. Either of these updates would affect how much your home is worth. A new deck or hot tub are fun additions to make, but additional liability also comes with the territory.

Update the Inventory of Your Personal Possessions.

Most people don’t take the time to inventory their personal possessions and don’t have enough personal property insurance. January is a perfect time to review your personal property insurance and ensure it will cover your valuable holiday gifts. You should also update the inventory of your belongings. If disaster strikes and you need to make a homeowners insurance claim, you’ll need to know what you own and what it’s worth.

Make Sure Your Life Insurance Grows with You.

Many forget to update their insurance coverage as their needs change. If you have a life insurance policy, you should review it annually. As major life events occur, such as having children or getting married, you may find that your insurance needs change. Life insurance can be a crucial element of sound financial planning, and it helps protect your loved ones financially in more ways than you may think.

Speak with a local Goldenwest Insurance Services agent today and make sure that your insurance coverage is meeting your needs.