Three Insurance Resolutions For The New Year

Like many Americans, cleaning up your diet or finding your dream job might be at the top of your resolutions list in 2022, but don’t forget about your insurance. Many things can change in a year and it is easy to go on autopilot when it comes to renewal time. But a simple policy review can protect you and your family should the new year bring an unexpected occurrence.

  • Be Ready For the Road. One of the biggest mistakes someone can make regarding auto insurance is being underinsured. Though most states require a minimum for liability insurance,( in Oregon it is $25,000 of coverage per person/$50,000 per accident), many accidents cost far more. Take a look at your policy and make sure your coverages are high enough to protect you in case of an accident. 
  • Homeowner’s Makeover. Did you remodel your kitchen this past year? Perhaps you took advantage of more time at home and finished that long-awaited additional bathroom. Upgrades and additions can increase the value of your home so if you gave your home a makeover, chances are your homeowner’s insurance coverages needs one as well. 
  •  Don’t Forget An Umbrella. Unexpected things happen and often those accidents will exceed your current insurance coverage. Consider adding umbrella policy if you:
  1. Drive a car/own a home
  2. Own a dog
  3. Have a swimming pool or trampoline
  4. Coach Youth Sports
  5. Travel. 

Think of an umbrella policy as a safety net protecting you and the things you cherish. 

Navigating insurance coverages can be tricky, but the experienced team at EPB&B can help review your coverages and find the right fit for you, making these resolutions easy to keep. 

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