If you recently got married, or if you’re planning to tie the knot, you’ve probably been overwhelmed with preparations for your wedding and honeymoon. You might not have thought about insurance coverage.
Getting married can change your circumstances and needs. Make sure that your insurance coverage suits your new life and fits your budget.
Auto Insurance
If you and your spouse each have your own vehicle and car insurance policy, combining your coverage can save you money. It might make sense to go with a carrier that one of you is currently using, or you might be better off switching to an entirely different company. Shop around, get quotes from several insurers, and see which offers you the best rates.
Home Insurance
Your living situation is likely to change with marriage. You and your spouse might be living together for the first time. If you’re planning to have kids, you might be planning to buy a house or rent a larger apartment.
If one of you moves into the other person’s current home, you’ll have to update a homeowners or renters insurance policy and make sure that there’s enough coverage for your combined personal property. If you’re planning to move into a new home, you’ll have to take out a homeowners or renters insurance policy with coverage limits that fit your needs.
Again, shopping around can save you money. Insurance carriers set their premiums in different ways, and many offer discounts to customers who bundle two or more policies. Some companies also give discounts to customers who work for certain employers. If you or your spouse works for one of those companies, you might be eligible for significantly reduced premiums.
Life Insurance
Don’t forget about life insurance coverage. You need to be protected in case something happens to you or your spouse.
If you currently have a life insurance policy, make sure that your new spouse is listed as the beneficiary. You might want to increase your coverage so that if one spouse passes away, the other will be able to pay off the mortgage and other debts. If you don’t already have life insurance, a licensed insurance agent can tell you about various types of policies and help you compare premiums.
Get the Insurance Coverage You Need for the Road Ahead
As you embark on your journey as a married couple, make sure that you have the right financial protection. Petruzelo Insurance has a highly trained and experienced team who can discuss your needs and goals and help you find the right combination of policies with affordable premiums. Contact us today.