Life Changes to Notify Your Agent About
After your insurance policies are in place, it’s natural to forget about your coverage until you need it. However, reviewing your insurance once each year and when there’s a major life change is a smart way to keep your coverage up to date.
The agents at Nolan Family Insurance in Punta Gorda, Florida, are ready to help you review your coverage and make sure you have the right policies in place. Here are some common changes that you should let us know about to ensure that you are appropriately covered.
Moving or Buying a Home
When you change addresses, your insurance needs may change as well. It’s wise to let your insurance agent know if you move or purchase a home. If your policy has to be updated to provide the coverage you need, we can walk you through the process.
Buying a Vehicle
When you purchase any vehicle, be sure to let us know. In some cases, you may also be removing a car from your policy. We can help you choose the coverage that’s appropriate for your lifestyle while helping you meet any state or lender’s requirements.
Adding to Your Family
Adding a child to your family or having someone move in with you, such as a parent or friend, means you may need different or additional insurance coverage. If you’ve recently had a baby or adopted a child, it may be time to buy life insurance or increase your current coverage.
Your Kids Start College
When your child goes to college, you may be overwhelmed by the changes and not even think about their insurance needs. Your new college student may need renters insurance if they’ll live away from home. They may also need a more robust auto insurance policy, depending on their driving habits.
Marriage or Divorce
Changes to your marital status also bring a great deal of change (and paperwork). Remember to let your agent know if you plan to change your name legally. If you are getting married, you may also be eligible for insurance discounts.
Changing Jobs
If you’ve recently changed jobs, you may have different life insurance benefits available through your new company. Talk with your agent about making sure that you have the right type and amount of life insurance.
Upgrading Your Security System
A new security system could qualify you for a discount on your home insurance. Contact your agent to find out if home improvements could help reduce your insurance bill.
Starting a Business
When you start a business, it’s crucial to get the appropriate coverage. Whether you’ll work from home or rent an office, your agent can suggest coverage to help protect your finances and cover your assets.
We Can Help You Get the Right Insurance Coverage
These are just a few of the life changes that warrant a conversation with your agent. If you are wondering whether a major life change may trigger a need for more coverage or qualify you for discounts, contact Nolan Family Insurance today by calling 941-639-1122.
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