Congratulations! You're getting married. The cake, the dress, the invites, there are just so many things to think about! With so much to remember it's easy to forget to check and update your insurance policies after you’ve tied the knot. Here are some things to consider in regards to insurance coverage after your big day.
Combining Auto Policies
Did you know that getting married can even affect your auto insurance? Combining your policies may entitle you and your spouse to additional discounts on your auto insurance premium.
Multi-Car Discount – If you have more vehicles on your policy than you did before you could receive a multi-car discount.
Companion Discount – There is often a discount for combining all of your insurance policies together with one company. Now that you're married you may want to consider this option to take advantage.
Driving Records – It’s important to remember that both you and your partner’s driving record will be reviewed when combining auto policies. Discuss your driving record with your spouse before combining auto policies.
Increase Coverage for Personal Property
You may need to increase the personal property coverage on your Homeowners or Renters policy to properly cover all of the possessions in your home. You may also want to consider adding endorsements to your policy to increase coverage for higher valued items.
Cover the Ring!
Homeowners and renters policies provide coverage for your personal belongings including jewelry such as engagement rings and wedding bands. However, items such as these are often subject to limits on a policy.
If your engagement ring and/or weddings bands are more valuable than the limit for jewelry on your policy consider adding Scheduled Personal Property Coverage. This coverage will provide a broader protection for your wedding jewelry.