Are You Ready For What’s Next?

Nov 18, 2020, 4:33 PM

No one knows what 2021 will hold, but you can be ready for it.

Yes, even this year — this wild 2020 — will come to an end. It’s a time to look forward to what you’re expecting next for you and your family. A new job or a new house? Is there a wedding coming up and new people joining your family? Are you saying goodbye to your professional life and looking forward to the future?
 
Insurance agents call things like job changes and weddings “life events,” and they’re a perfect time for you to make sure your insurance coverage is keeping up with your life events. Most often, life events is a term associated with health insurance, but the concept is the same for property casualty insurance like we offer here at Hastings Mutual.

Seniors Packing Boxes
Which life events are good times to take a look at your Hastings Mutual home, car, business, and farm coverage?
 

Changes in residence

This is exactly what Homeowners coverage is for, of course, though moving to a new house shouldn’t be the only time you talk with your agent about insurance for your house. If you rent an apartment (or your child does), leave the yard work behind and move into a condominium, or even have something like four-wheelers on your property, find out if your policy is right for your new situation.
 

Marriage or divorce

A change in living conditions — two people in one house, or the opposite — means it’s time to update Personal Auto policies and Homeowners coverage too. Often this is a simple process where you can change your policy with a phone call or email; just ask your agent. 
 

Business changes

If you leave a job to start your own business, you’ll need to look at a lot of things, especially insurance coverage. Start with a Businessowners policy for the basics like damage to your property and equipment, and reimbursement for EPLI-related lawsuits. We offer policies for many kinds of business, like auto parts stores, some pizzerias, and even funeral homes.
 

January

There’s also the life event that affects everyone, no matter what else is happening: the start of a new year. People make resolutions to lose weight or improve their financial situation. It’s a great time to take a look at your insurance coverage. Make sure it’s up to date with what’s happening with your family and your professional life. 
 
Like every other type of business, insurance companies are always innovating new products. A type of coverage that didn’t exist last year might be right for you now; your local independent insurance agent can help you find the products that fit.
 
Make a plan to review your insurance coverage with your agent, especially if you’re anticipating a big change to your life in 2021. And good luck in the new year, no matter what comes your way!

 

Questions? Let us know in the comments. 
 

The Mutual Understanding blog and Hastings Mutual videos are made available for educational purposes only. The information referred to is not an official company statement, corporate policy, or offer of coverage. Refer to your insurance policy for specific coverage. There is no representation as to the accuracy or completeness of any information found by following any link on this site. Please contact your local independent insurance agent with further questions and for more details on any insurance policy-related information you read here.

 

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