It's hard to ignore the influx of smart technology and wearable devices in recent years, even in the insurance space. While we live in a technology-obsessed culture, a recent study revealed that not everyone is on board with this trend. In fact, 40 percent of those surveyed consider themselves to be "technophobes".

With so many insurance solutions available in the marketplace today, it's easy for people to feel overwhelmed. However, when it comes down to making a choice, the biggest motivating factor for most insurance prospects is fear of making a mistake.

Homeowner's insurance coverage is something that most property owners don't think much about until they need it the most. When homeowners don't take the time to familiarize themselves with the type and level of coverage that their policy provides, they set themselves up for financial distress and heartache.

Many people view the start of a new year as a clean slate and commit to resolutions that will improve their overall well-being. From a homeowner's perspective, the arrival of a new year helps to motivate property owners to stay ahead of maintenance and minimize the risk of insurance claims in the foreseeable future.

There is no question that the influx of technology in recent years has reshaped the insurance industry. With the arrival of a new year, many insurance carriers are wondering how evolving technology will impact the way that they conduct business and interact with existing and prospective insureds in 2019.

From an insurance carrier's perspective, the arrival of a new year means that you're back to square one. On a positive note, so is everyone else, which means that you have every opportunity to shine in 2019.

According to research from the Insurance Information Institute, injury-related insurance claims that happen on a homeowner's property are the second most expensive type of homeowner's insurance claim filed (behind fire and lightning damage). Research shows that the average bodily injury claim is $23,010. Without the right homeowner's insurance coverage in place, homeowners could find themselves in financial distress if someone was to have an accident while on their property.

December is a time for festive celebrations, whether it be family gatherings at home or company holiday parties. However, with this being such a celebratory time of the year, it's easy to overlook some of the hazards that can come from the season.

The Millennial generation (born between 1981 and 1997) have historically had the notorious reputation of embracing a lifestyle that left them mobile and without commitment. Some of this could be related to the economic recession and poor job market that we've experienced over the past decade. However, with an improving economy and the appeal of settling down with a family in a gentrified neighborhood, the Millennial generation is growing up and purchasing homes. In fact, recent research reveals that 36 percent of home sales are now made to Millennials.

We're entering into one of the most anticipated seasons of the year, and most people have their minds on upcoming travel plans and holiday gatherings. While these are exciting events to look forward to, it's important that people don't overlook one of their most valuable assets: their home.