澳门六合彩开奖app

Major Life Events You Should Tell Your Insurance Agent About

Apr 15, 2024 1 min read

It is often said that the only constant in life is change, and while big life events like getting married, buying a home and having kids can often feel exciting and overwhelming all at once, your insurance agent is here to ensure the things you value most are protected 鈥 no matter how much your circumstances may change. 

Major Milestones That Can Affect Your Insurance Needs

If you鈥檝e recently experienced or are planning any of the following scenarios, it鈥檚 likely time to check in with your insurance agent.

Making Home Upgrades

As a homeowner, you鈥檙e required to carry homeowners insurance, but did you know that renovations and changes to your home could impact your premiums? In addition to the expense of the renovation, you may see higher rates if your renovation pushes you to increase your coverage limits or exposes you to greater liability. 

On the flip side, if you are making changes that make your home safer, like updated electrical or plumbing systems, you might be able to lower your insurance costs.

Getting Married or Divorced

From updating your estate plans and getting life insurance policies in place to combining insurance benefits and getting extra coverage for that sparkly engagement ring, there are myriad things worth discussing with your insurance agent before you exchange vows. 

Similarly, when a marriage ends in divorce, your agent can help you disentangle policies and ensure you have the right coverage in place.

Growing Your Family

Whether it鈥檚 your first or your fifth, adding a new baby to the mix might just be the very best reason to double check your life insurance coverage. This holds true whether you鈥檙e planning to adopt or give birth, and whether you鈥檙e employed or are a stay-at-home parent.

Moving to a New Home

Whether you have homeowner鈥檚 insurance or renter鈥檚 insurance, you鈥檒l want to make sure you contact your provider to notify them of your move and update your policies to cover your new residence. 

If you鈥檙e moving out of state, your car insurance policy may have to change to meet your new home state鈥檚 requirements. Your insurance provider can help ensure you have the proper coverage in place before, during and after the move.

Experiencing a Death in the Family

Anytime a loved one passes away, it can be difficult to deal with administrative tasks amidst all the grief, but your insurance agent is here to support you. 

Your agent can help ensure that homeowners and auto policies get updated accordingly, any life insurance benefits are made available to cover funeral costs and any outstanding debts, and that beneficiaries are paid in a timely fashion.

We鈥檙e Here to Help

Life is full of ups and downs, but with Farm Bureau in your corner, you鈥檒l be able to weather the storms. Connect with an agent today to get started.

Want to learn more?

Contact a local FBFS agent or advisor for answers personalized to you.