Checking your insurance rates is different for everyone. A general rule of thumb could be that you check it more often when your younger and less often as your age. Why? life changes are happening more frequent at a younger age of course! We know you flew past graduation your first 2 job promotions and the child that you had. The truth is that any of those things or other life events can alter or improve your rating with your current insurance plans. Of course this doesn’t only apply to Auto/Home/Business insurance but Life Insurance as well. Below are several indications you should have checked with your personal agent of any changes that could improve your rates.
Auto & Home Insurance
- Buying a new Car
- Paying your car loan off
- owning your car more than 5 years
- Children moving out of your home
- Marriage to your spouse
- Improved Credit
- Installing a new roof
- Updating your utilities
- Moving to a new home
- In a position to now pay bills in full
Life Insurance
- Buying a Home
- Marriage/Divorce
- Having children
- Adoption
- Financially supporting someone
- Loaning money from someone
- Change of Employment
- Finalizing Retirement Plans
- Inheriting a lump sum of money
- Change in your health status
- Job Promotion