19 Dec Updating Your Insurance Policy for Life Changing Events

Life Events can happen all throughout the year. As we are closing in on 2017 Spivey Insurance wants to make sure you are properly covered for any life events that may happen in 2018. Changes happen constantly, but we want to make sure you are protected in every step of the way. Whether it be adding a new teenager driver, buying a car, getting married, having a baby, changing jobs, and purchasing a home we want to know how to help you in these life changing events. When these life events occur you need to make sure that your insurance also stays up to date. Here are some examples of life changing events and how they will affect your insurance.

1. Getting married

You made the commitment, both in sickness and in health. Now that each one of your martial status has officially changed you may need to reconsider your health coverage to see what is the best option for the newlywed couple.

2. Growing Your Family

If you are adopting or having a child this bundle of joy is also an  opportunity for you to sign your family up for health coverage to make sure all new family members are healthy and covered.

3. Purchasing a car

This is a big financial decision in life. Make sure you do your research to know that car you like and dislike. Also make sure to shop around and look at your other options. When you finally decide on a purchase you need to call your insurance agent immediately so they can provide the best coverage for you.

4. Moving to a new permanent residence

Moving is a very large and unique lifestyle change. Make sure you have a great relationship with your real estate agent so they are able to find your dream home. Save as much as possible for the down payment and the closing costs. Once your home is purchased contact your insurance agent to make sure you home is covered for any disaster that could occur.

5. Adding a New Teenage Driver

Having a new driver in the family can be expensive. There could also be insurance adjustments if your kid is heading off to college. If they are not taking their car with them, your insurance premium can decrease. If they are taking their car with them, your insurance may increase due to a new location. It is best to talk with your insurance agent to see what will happen to your insurance policy with a new driver.

Here at Spivey Insurance we want to be here to protect you and your family during these life changing events. We want to be the first to know about any event in your life that may affect your insurance policy. If you have questions regarding your  insurance policy give us a call at 704-821- 4460 or connect with us on Twitter, Facebook, Instagram, Pinterest, and Google Plus.