How Milestones Will Affect Your Insurance

Insurance Changes

Major life changes can be a good sign. From moving out of your parent’s house to saying “I do,” each milestone is sure to change your life. While insurance is probably your last concern during any major life change, you should make time to check your insurance policies after any milestone in your life. Make sure to check your insurance policies if you have any of these life changes.

  • Renting your first apartment – investing in a renter’s insurance policy for your first apartment is the only way to ensure that all of your personal belongings are protected from any peril, including vandalism, theft, and fire. If you stay put in your apartment for a while, make sure to update your policy.
  • You adopt a pet – bringing in a four legged, furry roommate can cost hundreds of dollars in vet bills, dental treatments, and more. A pet insurance policy will help to cover the cost of any medical needs your pet has to ensure that you have enough money to buy their favorite treats.
  • You’re expecting a baby – welcoming a new member into your family can mean that serious changes need to be made to your life insurance policy. Make sure that you have enough life insurance coverage to provide the right amount of financial protection for your new baby in case you pass away.
  • Your teen gets their license – if your teenager is getting their driver’s license, you have probably noticed a dramatic increase in your auto insurance costs. There are many discounts that are available to help you keep the cost of your auto insurance low after adding your teen to your policy, such as a good student discount. Make sure to talk with your insurance agent to see if there are any discounts that you qualify for that you are not already taking advantage of.

For all your insurance needs and to ensure that you have the right coverage after any life changes, contact Gee Schussler Insurance Agency in Orland Park, Illinois.