ERIE,
Pa., Feb. 20, 2023 /PRNewswire/ -- Whether
you're getting married, expecting a baby or getting ready to
downsize, big changes in life often come with new financial
priorities. That's why it helps to have an independent agent who
can help you understand what these changes mean for your insurance
needs.
Erie Insurance offers seven life changes that should prompt a
call to your agent:
- You're getting married (or divorced). There are a
lot of things worth discussing with your insurance
agent before you walk down the aisle - making sure your
spouse-to-be is protected by the right life insurance,
insuring your new home, putting both names on any auto policies, or
getting extra coverage for that engagement ring. On the flip side,
there are things that will need changed if you're going through a
divorce.
- You're having a baby. Whether it's your first or
your fifth, a new bundle of joy is a reason to check your life
insurance coverage. This holds true whether you're employed or a
stay-at-home parent.
- You're moving. A new house or apartment will need
new coverage. An insurance agent can help guide you with
choosing the right homeowners or renters
insurance.
- You're adding on to your home. A new addition often
means you need a higher limit on your homeowners insurance.
Also ask your agent about Guaranteed Replacement Cost to
protect you should you have to file a claim.
- You have a child heading to
college. Your insurance agent can tell you
what's covered when your child is away from home. They can also
tell you about life insurance for student loans if you're
a cosigner on a loan.
- You're starting a business – even if it's a home-based
business. No matter where your business is located or how
big it is, you'll most likely need extra coverage to ensure
everything has the proper protection.
- You're about to start a new job. If your new job
comes with a new salary, you may need extra life
insurance protection. You will also want to talk with
your insurance agent about what kind of life
insurance is offered through your job—in many instances, it
isn't enough to fully protect your loved ones if the unthinkable
happens.
Even if you don't fall into any of the above mentioned
scenarios, it's still a good idea to check in with your
agent once a year. They can give your coverage a quick checkup
to make sure everything's still sized right for your life and
what's new in it. Is it time to find a new agent or add a policy?
Find a local ERIE agent near
you to get you the coverage you need for the life you live.
About Erie Insurance
According to A.M. Best
Company, Erie Insurance Group, based in Erie, Pennsylvania, is the 11th largest
homeowners insurer, 13th largest automobile insurer and 13th
largest commercial lines insurer in the
United States based on direct premiums written. Founded in
1925, Erie Insurance is a Fortune 500 company and the 19th largest
property/casualty insurer in the United
States based on total lines net premium written. Rated A+
(Superior) by A.M. Best, ERIE has
more than 6 million policies in force and operates in 12 states and
the District of Columbia. News
releases and more information are available on ERIE's website at
www.erieinsurance.com.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/7-life-changes-to-tell-your-insurance-agent-about-301749538.html
SOURCE Erie Insurance Group