Whether you’re getting married, planning to have children, or if you have anyone in your family that depends on you, it’s important to do the best you can to anticipate what is going to happen in the future. While no one can have an absolute certainty on what the future holds for them, there are a number of important steps you can take the make your future–and the future of those you care about most a secure one. Here is a short list of questions you should ask yourself if you are recently married or plan to be soon.
- We’re getting married. Should we join our auto insurance?
If one of you has a long list of at-fault accidents on your driving record or auto insurance claims, it may be a better idea to keep your auto insurance policies separate. If you both have a good driving record and no recent gaps in your insurance, you may be able to save some money by combining your policies.
- We’re searching for our first home. Should homeowners insurance factor into what we decide to buy?
Did you know that there are various factors that can determine how much you are required to pay for your homeowners insurance? Factors such as distance from a fire department, proximity to areas more prone to storms, the age of your home and your claims history can all have an effect on the overall cost of your insurance.
- We’re having a baby? Should we get life insurance?
Adding a new baby to the family means added responsibilities and added costs. A life insurance policy can assist you with fulfilling those responsibilities and covering those added costs in the event of an untimely death. A life insurance policy can also help you cover the costs for a funeral. Even more, it can help to pay off your mortgage and help to fund your child’s education.
- Term or whole life?
Term life insurance provides coverage for a specific amount of time. For example, a 30-year policy can help cover the costs of a 30-year home mortgage. For young people, a term policy is often the better option because it tends to be the most affordable. The good news is that you do have the option of converting your term policy to a whole life policy later on.
Whole life insurance offers coverage for the duration of the policyholder’s life. It is sometimes referred to as a permanent life plan.
- What do you offer beyond the basics for homeowners insurance?
Call us to discuss options to expand your coverages beyond the standard homeowners insurance policy. We can help you to protect your underground service lines, appliances, and more.
- We’re used to making purchases online. Why do we need a human insurance agent?
In today’s day and age, with so many parts of life now involving automated messaging and assistance, it can be difficult to navigate the process of getting the best insurance for you. That’s why speaking with a real person is so beneficial. One of our experienced insurance professionals can help answer any and all questions you have, so that you can be sure you are getting the best coverage for you.