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Couples merging lives, assets need to consider insurance, too

Getting married is more than just wearing a white dress and saying ‘I Do’, significant financial decisions loom

Summer is broadly known as wedding season for businesses in the industry and couples hoping for a beautiful, sunny day to say “I Do.”

Weddings are sometimes major celebrations and other times intimate gatherings – but always a happy affair recognizing love and commitment.

But after the ceremony and honeymoon, couples need to make some serious financial decisions ranging from merging bank accounts to combining furniture.

An Ohio-based insurance company is also reminding newlyweds that insurance coverage considerations should be a top priority.

One person is likely going to cancel his or her renters or home insurance when a couple moves in together and the newlyweds may even decide to consolidate auto insurance plans.

Ensure that the existing insurance policy sufficiently covers the new combined household goods and other assets. If not, it would be wise to contact an insurance company for new quotes or an extended policy.

Learn how easy and convenient shopping for auto insurance can be. Get your free auto insurance quotes today!

Posted: June 16, 2009

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