The beginning of a new year is when many people reevaluate their lives and set personal goals they wish to accomplish. In addition to making resolutions, it’s also the perfect time to go over each of your insurance policies to make sure your needs are still met. Sitting down with an insurance agent at Comaltex Insurance Agency will help to identify whether or not you have any gaps in coverage and if you’re receiving the best rates possible on your premiums. The residents of New Braunfels, TX, have turned to this agency for personalized service and quality products since 1948.

Below, they discuss a few reasons it’s important to do a comprehensive review of your policies:

• Make Adjustments for Life Changes: Many people make the mistake of buying insurance but never look at their policies again for years. Over time, circumstances change, which means your coverage needs to be adjusted accordingly. Getting a new car, adding a teen driver, making home renovations, purchasing valuable items, having a baby, and switching jobs are just some of the examples of life changes that could warrant a modification to your current policies. A checkup is necessary to ensure you remain adequately protected.

• Inquire About Additional Savings: Lifestyle changes not only create new coverage needs, but can also make you eligible for additional savings on your premium. Insurance companies offer discounts for a wide variety of things, so you may qualify for something you didn’t when you first bought your policy. Your agent can also uncover any savings you might be missing to get you a better rate.
• Update Limits & Deductibles as Needed: As you acquire new assets and increase your income, there’s a good chance your policy limits will no longer be sufficient. This means you may have gaps where your coverage won’t apply in the event you must file a claim or face a lawsuit. This will make you financially responsible for anything over your limit. In addition, you may wish to update your deductibles to lower your premium or make you more comfortable with your out-of-pocket obligation.

It’s highly recommended to take the time to review your insurance policies annually, and the start of a new year presents the ideal opportunity. The professionals at Comaltex Insurance Agency will carefully assess your unique needs to make sure modifications in coverage are made wherever necessary. Contact them directly by calling (830) 625-7511, or visit the website to view all of the options they have available to protect every aspect of life.