With the New Year comes changes. Before the year gets underway, it’s important to take time to review your insurance needs and perhaps make a few key resolutions. New Year’s insurance resolutions should focus on shoring up your risks and keeping your family and assets protected. In Moose Jaw, Saskatchewan, you can depend on our team to help you with that.
#1: Take Inventory of What You Own
By far the most important step you can take to protect your property is to have a comprehensive home inventory of what you own. This outlines what you own, its value, and a description of it. Use video or photos to record this information as well. We also have a pamphlet: A record of your belongings. Just ask one of our friendly staff for a copy.
#2: Have Valuable Items Protected Separately
Do you have high-value jewelry? Perhaps you own a collection of collector’s baseball cards. If you do, you’ll want to ensure these items have a special rider covering their value. The goal here is to make sure valuable assets have protection against losses.
#3: Take a Closer Look at Rebuilding Costs
With many areas seeing home prices on the rise, it’s important for homeowners to take a look at their current insurance policies to ensure they have enough coverage to rebuild. The cost of rebuilding is not the value of your home. Work with your agent to ensure you have proper protection to cover all costs related to rebuilding including after a fire.
Other key resolutions you’ll want to consider this year include:
- Becoming a safer driver
- Investing in personal liability insurance or increasing limits with an Umbrella Liability policy
- Treat yourself to a hot holiday and make sure you have proper travel insurance before you leave. It is inexpensive and easy to set up
- Analyze your needs for more insurance including life insurance
- Invest in that boat, recreational vehicle, or other sports vehicle and insure it properly! We have recently partnered with Oasis (Got Toys Insurance) for the toys and Hagerty for the classic cars and antique tractor insurance
As a trusted Moose Jaw insurance company, you can rely on our team to ensure you’re properly insured. Call our offices today to discuss your needs.