With 2025 drawing to a close, now is the ideal time to audit your insurance policies to ensure adequate protection heading into 2026. Life changes, market shifts, and new risks can leave gaps in coverage, so use this checklist to review and update your home, auto, health, and life insurance. Drawing from expert recommendations, these steps can help safeguard your assets and peace of mind.
- Gather All Current Policies Collect documents for all your insurance types, including home, auto, life, health, and any umbrella policies, to have a complete overview.
- Assess Life Changes Consider events like marriage, divorce, new children, home purchases, or job changes that might require adjustments to beneficiaries or coverage levels.
- Review Deductibles and Limits Check if your deductibles are affordable and coverage limits reflect current asset values, such as home rebuild costs or personal property.
- Evaluate Bundling and Discounts Explore bundling auto and home policies for savings, and inquire about discounts for safety features or loyalty.
- Check for Additional Coverages Assess needs for flood, sewer backup, or environmental risks based on your location and home readiness.
- Update Home Inventory Create or refresh a detailed list of personal belongings to ensure sufficient contents coverage.
- Review Health and Preventive Care Schedule any remaining preventive services before benefits reset, and confirm HSA or FSA usage.
- Consult Professionals Discuss changes with your agent or advisor to customize coverage and explore better rates.
Completing this essential review before year-end can help you sidestep expensive surprises and strengthen your overall protection. For customized guidance, schedule your free compatibility call with us today. Book now. Plus, download your complimentary Retirement Readiness Checklist here.
