They say that the sole constant in life is amendment. And that’s true whether or not you’re eighteen, eighty or somewhere in between.
One factor to think about once life changes is your coverage. Here ar six common transitions that your Erie general agent will assist you navigate.
You’re off to school.
With Erie Insurance, full-time students younger than twenty four ar mechanically lined below their parents’ householders policy. Part-time students (or students United Nations agency ar twenty four and older) may have to require out a renters policy. If you decide on to measure in AN housing rather than a living quarters, have confidence buying a separate renters policy. (Learn a lot of regarding renters insurance below.) once it involves automobile insurance, you do not want your own policy if you’re taking a family member’s automotive to high school. If you’re a co-owner on the vehicle or if you own your own automotive, you almost certainly want your own policy.
You’re renting your first place.
You found the perfect place, but since your landlord’s policy doesn't typically cover your stuff, you’ll want to look into getting your own renters policy. In addition to protecting your belongings, a renters policy also provides worldwide liability protection for a situation like harming someone while riding your bike. If someone is hurt in your apartment, your policy most likely would pay his or her medical bills. A renters policy will often cover additional living expenses if your apartment is damaged and you can't stay there because of something like a fire. There are many affordable options—plus, you can qualify for a discount if you purchase both a renters and an auto policy from ERIE. In some cases, the discount can pay for pay for most (or all!) of the renters policy.*
You just got married.
If you’re just starting out, you'll definitely want to look into life insurance.** Life insurance can be the most affordable way to help ensure that you or your new spouse is able to carry on if the unthinkable were to happen. Also remember to ask about your auto insurance. You could qualify for discounts, including a multi-car discount if both cars are insured by ERIE. Finally, you may need extra coverage on an engagement or wedding ring. With an Erie Insurance homeowners or renters policy, your coverage for lost or stolen jewelry is capped at $3,000. So if your ring is worth more, you'll want to consider separate coverage.
You welcomed a bundle of joy.
You may have binkies, diapers and formula on your mind, however another factor to think about is insurance protection for your family.formula on your mind, however another factor to think about is insurance protection for your family. everybody desiresmonetary protection—even a stay-at-home parent. With insurance, you'll give for your favorite ones even if…well, you are not there.
You retired and ar rental an area somewhere heat for the winter.
No penalty for sand between the toes! If you are going south, an additional policy isn't required within the majority of cases. That said, lots depends on the policy you have already got, however long you’ll be gone and what sorts of things you’ll be taking to your temporary home. For these reasons, it’s a decent plan to visualize in together with your Erie general agent before you head south.
You or a lover is getting into AN aided living facility.
When it is time for facilitate with care, it’s a decent plan to think about a renters policy if you or a lover is getting into AN aidedliving facility. A renters policy covers belongings—and, a lot of necessary, personal liability. as an example, renters insurance may cowlyour lover if he or she was chargeable for injuring somebody.
Many people cannot afford to pay massive medical bills out of pocket, therefore undoubtedly contact your Erie general agent beforecreating the move. Life could amendment, however one factor that doesn’t is having the ability to trust your Erie general agent.you'll invariably communicate him or her once it involves ensuring you’re protected at each stage of life.
*Individual policies could disagree.
**Life insurance and regular payment merchandise aren't out there in the big apple.
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