The Insurance Guide to: Preparing For Your Next Life Changing Event

Transcription

1 The Insurance Guide to: Preparing For Your Next Life Changing Event

2 Table of Contents: I Just Got Engaged! 3 I m Having a Baby! 4 I Put an Addition on My Home! 5 I Bought a Puppy! 6 My College Student Is Renting! 7

3 Chapter 1: I Just Got Engaged! Getting engaged is one of the most important moments of your life. Unfortunately it can also be very stressful. You may be asking yourself I got engaged...now what? While we can t help you set the date or pick out the floral arrangement, we can give you some great advice on an important detail: the ring! When you think of the diamond ring of your dreams you know that you want to have it forever. Not only because of the monetary value, but the sentimental value as well. This is what makes getting a Jewelry Floater for your engagement ring so important! Sure, you have insurance for your personal belongings on your Home Insurance or Renters Insurance, but this special item may require specialty insurance. This is the start of the rest of your life, so take care of insuring your engagement ring now! Page 3

4 Chapter 2: I m Having a Baby! If you have just found out you re expecting, first let us start by saying Congratulations! You have roughly nine months to prepare for your little bundle of joy. It also means you have nine months to baby proof your life. Once you become responsible for another human being, your life becomes even more valuable. One of the ways we suggest preparing for a new baby is by investing in a Life Insurance policy. Much like having a baby, there are a lot of questions when it comes to purchasing life insurance. Do you need Term Life Insurance, Whole Life Insurance or Term & Whole Life Together? Our agents can help you out! Our agents can help you sort through the options. Page 4

5 Chapter 3: I Put an Addition on My Home! We all love our homes. When you think about it, the saying really is true: home is where the heart is. We put a lot of time and effort (sometimes more than we d like) into maintaining and improving our homes. If you are thinking about adding on to your home or have already started to, remember to talk to your insurance agent! We hate to add on to the list of things you already have to do, but it s important to make sure your new space will be insured under your homeowner s insurance policy. Depending on what the new space in your home will include or how large it is, you may find yourself under-insured. Call your agent and make sure they are up to date on the new addition. This way they can ask any questions they need to know about the space and make sure the new area in your home is properly covered. Page 5

6 Chapter 4: I Bought a Puppy! If you re thinking about getting a dog, I m sure there are a lot of things that will factor into your decision on which breed. It might be a good idea to factor in what effects that breed may have on your home insurance policy rates! If you are not sure which breeds are considered more of a liability, we would be happy to help with your questions. After you have purchased your new puppy, make sure to call your agent and let them know that there is now a dog (or another dog) in your house. Even if the breed of dog you just brought home won t affect your Homeowners Insurance rate, it may be a good idea to get a little bit more liability. If the newest, furry member of your family happens to bite someone or gets loose and damages someone s property, you will be responsible. If you don t think your Home Insurance liability will be enough coverage, maybe an Umbrella Insurance policy is a good idea! Page 6

7 Chapter 5: My College Student is Renting! While your college student is most likely covered under your homeowners insurance when he or she is living on campus, things change if they are renting! If your son or daughter decides to go the independent route and get their own place, it s a good idea to get them an renter s insurance policy. Think their landlord s insurance policy will cover their belongings? Think again! It s important to have a renter s insurance policy to cover their assets, such as clothing, furniture and electronics. It also helps cover repairs and replacements for any damages that might take place. A landlord s policy is designed to cover the physical structure of the building, not the renter s belongings. Renters Insurance is important in order to get the best coverage in a rented space. The first step in finding out what kind of coverage your son or daughter may need before they go back to school is to call your agent! Page 7

8 Get a Free Insurance Quote! Call Us at or Visit Us at Our agents would love to review your policies with you, making sure that you re adequately protected, and that you re saving as much as possible!

9 About the Author: Encharter emarketing Heidi, Alyssa & Brittany make up the emarketing team at Encharter. Together, they are responsible for daily writing on the agency s insurance and social media blogs. They also post regularly to Encharter s accounts on Facebook, Twitter, YouTube, LinkedIn, Pinterest, and many other social networks. When the team isn t demonstrating their knowledge online, they re helping fellow local small businesses with their own Internet marketing strategies.