Wedding season is coming up, and it can be a wonderful but hectic time if you are getting married. You and your significant other are probably in the midst of making wedding arrangements while also figuring out where to live, how work might change, and how everything will affect your finances. But while you are making these preparations, it’s important to make sure you get on the right foot on your new life by straightening out your insurance. Here are three important changes marriage will make to your insurance for you to think about.
Consolidate Your Insurance Coverage
It’s a common mistake for newlyweds to continue using their separate insurance policies. But once you’re married you will be dealing with your finances as a whole from a legal perspective, such as with taxes for example. So it will save you money and make your life a lot easier to put both of your names onto one insurance policy. That way if anything happens to the house, apartment, or car you won’t have the confusion of handling who’s policy covers what.
Get Insurance Cover for Your Ring
Wedding rings symbolize a lifelong commitment, and that is a long time to keep track of a valuable piece of jewelry. Therefore, it makes perfect sense to get insurance for your wedding rings. Start by having the rings appraised so then you will know their monetary value, and then you can include them under your home insurance policy.
Don’t Forget Life Insurance
Although there is a diverse range of people getting married this season, chances are that you and your future spouse fall into the large category of young couples. And, like many young people, you might be wondering when is the right time to think seriously about life insurance. Marriage is exactly the right time to get a life insurance policy, especially if you plan on starting a family. The process of getting insurance coverage doesn’t have to cast doom and gloom on the outlook of your new marriage. Instead, by taking the right steps to be prepared it will help give you and your future family the peace of mind to focus on more important things.
Get in Touch with Wachter Insurance
Whether you need homeowners’ insurance or auto insurance, our team at Wachter Insurance Agency, Inc. is here to help. We offer all of our clients competitive rates, professional customer service, and a huge range of policies to choose from for your needs. We have been serving Maryland, West Virginia, Virginia, Pennsylvania, and the District of Columbia since 1969 and we would love to help keep your home and family safe every day of the year. For more information, call us at (301) 371-6335 or visit us online. For more blogs like these, follow us on Facebook, Twitter, and Pinterest.