Tips to Help Merge Your Insurance When Married

Congratulations—you’re getting married!

Whether your new life together will begin in an apartment, condo, or starter home, there are many decisions you need to make. In addition to combining your furniture and housewares, you’ll also need to merge your insurance coverage. Here are some key questions to ask and steps to take to ensure a smooth merger.

• Who are your current insurance agents and companies? You might already have the same independent agent, even if you are insured by different companies.
• How do the prices and limits of your policies compare? If you and your soon-to-be spouse already have renters or homeowners insurance, put the policies side by side. Contact each of your auto insurers to find out what it would cost to add the other—just be sure the coverages are the same as well.  
• What property coverages do you need? The answer to this will be shaped in part by whether you own or rent and by the personal property you collectively own. Take an inventory, and don’t forget newly acquired property such as wedding gifts, china, and so on.  
• Do you need special coverage? Wedding rings and jewelry are best covered on a special property endorsement designed for the purpose.

Once you’ve made a decision, contact the agent of the policy you choose to keep, make the merger, then cancel any other policies.

Keep in mind it is good to review your home, auto, and other coverages at each renewal to ensure you are protected as your life changes. And also remember that an independent agent who represents multiple insurance companies is a great resource to help guide you through the process.