How Marriage Changes Insurance

insurance when married

How Marriage Changes Insurance

Just Married!

December is the most popular month to get engaged. Not surprisingly, the most popular days to get engaged are Christmas Eve and Christmas Day. The proposal rate in December is 16%! If you are one of the lucky lovebirds that got engaged this engagement season, congratulations! Once you are engaged, you have a lot to plan for. You should be planning for changes to your insurance and other important accounts. You can focus on this after you get back from the honeymoon, but it should be a priority once all the fun stuff is over.

When It Comes To Insurance

Your car insurance and health insurance are prone to changes now that you are married. For both car and health insurance, make sure there are no overlaps in your policies since you are combining coverage. Speak with an agent at AWS to add your spouse to your car insurance. Typically, it is cheaper to share car insurance with your partner as opposed to having two separate policies.

Look at your home insurance. If you and your partner just moved in together, you have twice the amount of stuff now. Create an updated home inventory to account for your new possessions. In addition to having more belongings, you also have those wedding bands to think about! Make sure you insure those.

Other Documents You Need Consider

If you changed your name after tying the knot, you have some business to attend to. One of the first important documents you will want to update is your social security card. You’ll need your social security card to update other records such as your driver’s license. Don’t forget to report to your creditors that your name has been changed! Additionally, as a married person, you should update the “beneficiary” and “next of kin” for your social security benefits. If applicable, review your will and power of attorney.

Do you have questions about what changes in insurance for married couples? Our experts at AWS Insurance know that it can be confusing to figure out how to combine policies. We’ll evaluate your options and decide what is best for you and your family. Call AWS today for a free evaluation at (504)-883-4111 or visit us on the web.

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Melinda Martin

Account Executive

Melinda began her insurance career in 1985 with Alexander & Alexander where she received her Property & Casualty and Life & Health license. Since then she has worked at various agencies in the New Orleans area and in California as a senior account manager for Employee Benefit Plans.  While in California, she was also the Membership Director for the Burbank Chamber of Commerce. Melinda joined the AWS team in July of 2015.

Michael A. Seeling

Vice President

Graduated from the University of Louisiana at Lafayette with a B.A. in Insurance Risk Management and is a graduate of Archbishop Rummel High School in New Orleans. He joined AWS in October of 2008 and has been awarded the Patient Protection and Affordable Care Act Certification (PPACA). Additionally, he is working towards his Certified Insurance Counselor (CIC), Registered Health Underwriter (RHU), and Registered Employee Benefits Consultant (REBC) designations. He is also a member of the National Association of Health Underwriters (NAHU), National Association of Insurance Financial Advisors (NAIFA), and is an active member of the Fore!Kids foundation.

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