Going through big life changes is exciting. So exciting, in fact, that you’re usually not thinking about insurance. For when the time comes, here are a few of the important life milestones when you should reconsider your insurance coverage plans.
Buying a New Car or Motorcycle
So you got a new ride? If you just purchased a new set of wheels, it’s important to take care of your investment by getting auto or motorcycle insurance for your vehicle. Here in the U.S., you have to meet the minimum insurance coverage required by your state. Meeting your state’s minimum coverage means that you’ll be able to take financial responsibility in the event you are in an accident.
Once you tie the knot, what’s yours often becomes theirs as well. This can include sharing financial responsibilities and expenses for your new life together. If you’re looking to combine insurance coverage on your household’s vehicles, you could save up to 25% on your car insurance with a multi-car discount from Direct Auto Insurance.
While 65 is the age most people associate with senior discounts, there are actually a lot of discounts available much sooner. Plenty of businesses including restaurants, retailers, movie theaters, and service providers offer discounts to people 55 and older. So if you just hit the big 5-5, you could qualify for a senior discount from Direct.
Having Kids (or Grandkids)
If you just became a new parent or grandparent, chances are you’re thinking about the future for your little one. In the event something happens to you, having a term life insurance policy could help cover expenses like funeral costs and medical bills. Plus, a term life insurance policy could even help your child pay for future expenses like school or loans.
Buying a Home
Purchasing a home is an exciting process, whether or not it’s your first time. But did you know homeowners are eligible for discounts from some service providers? It’s true! As a Direct customer, you could qualify for a homeowner discount on car insurance if you (or your spouse) own a house, condominium, or townhome.
Regardless of where you are in life, Direct can help you protect the things you love. Have any other major life milestones made you rethink your insurance coverage? Share with us in the comment section below!
Discounts subject to terms & conditions. Proof of eligibility may be required to retain discount. Individual term life insurance by Direct General Life Insurance Company, Policy 58TL02010713. Direct General Group, Nashville, TN. *Material in these articles is for general information or entertainment purposes only. Direct General does not endorse and is not affiliated with any of the companies or apps listed in this article. Direct General is not responsible or liable for the availability of links to websites or resources, or for any content, advertising, products, services or other materials on or available through these websites or resources. Any references to third party rates or products are subject to change without notice. Trademarks are property of their respective owners.