Preparing for Life Changes

May 16, 2014

Major life changes can come at any time during the year. Checking your insurance policies to make sure you are prepared for any life changes can help ensure that your family is covered. Contacting your insurance agent in the event of any life changes can help save you time and money, while making sure that you have the best insurance coverage for your changing lifestyle.

If you are planning on remodeling your home in the coming year, make sure to contact your insurance agent before you get started. Making renovations to your home, such as adding a new deck or adding top-end appliances and granite countertops in your kitchen can greatly increase the value of your home. Make sure to increase your insurance policy to cover the new value of your home. In the event of a loss, you want to make sure that your insurance policy will cover all the new additions to your home, or it could lead to a huge monetary loss.

If you are buying or leasing a new vehicle in the coming year, make sure to check with your insurance agent to find any discounts that you could qualify for. If you are leasing a new vehicle, you are required to have full coverage insurance. If you only had liability on your previous vehicle, you may be shocked by the increase of your insurance premium. Talking with your insurance agent can help you find discounts, such as a multi-car or multi-policy discount, that can help save you money.

If you have a new teen driver in the house, it can raise the price of your insurance. Checking with your insurance agent to see if you qualify for any discounts, such as a good student or multi-car discount to save you as much money as possible.

Central Insurance Agency can help you find the perfect auto insurance and homeowners insurance plans to best fit all your needs.