Home Insurance Tips for Newly Weds

​Marriage is the bringing together of two to become one, and this has as many financial implications as physical implications. As you move in together, things like insurance and monthly budgets have to also merge, which may be confusing for some. 

Tips for Your Home Insurance Once You've Moved in Together
Your needs change as you merge your lives together, and your home insurance should reflect that. Moving into the same home, one of you may have to drop their renter's policy, and there are a few things to remember:
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1. Update Your Coverage
   You and your spouse are a package deal now, and your coverage needs to include them and their assets. Approach your insurance provider and update your policies to ensure that you have enough insurance coverage to protect the extra needs you've incurred.
   
   
2. Bundle Your Policies
   Take advantage of the opportunity to save on your premiums by bundling your insurance policies like auto and home insurance. Living under one roof means that you can get cheaper premiums by joining things like your health insurance with your home insurance policies.
   
   
3. Have a Thorough Inventory of Assets
   Your walk down the aisle is only the beginning of your journey with your partner. So ensure that your home is protected from burglaries or fires by maximizing your coverage and maintain financial stability. Since you and your partner likely walk into the marriage with personal possessions have those appraised first. This helps guarantee that as you update your policies, you have a clear view of the possessions you're insuring. 
   
   
4. Explore Available Discounts
   Most insurers view married couples as low-risk clients, meaning there may be available premiums you could get. If you purchase your auto, health, and home insurance from the same insurer, for example, you could cut your overall premiums. Talk to your insurer and explore all the financial and insurance benefits of getting married.  

Conclusion
In the excitement of planning the rest of your lives together, don't forget to purchase home insurance to truly secure your future. With every big change in your life, it's crucial to revise your insurance coverage, and getting hitched is as grand as it gets.

At Pro Financials & Insurance Services, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (708) 233-8870. Get your free quote today by CLICKING HERE.