Plan for Life Events:
First Car/New Driver | First Apartment | Off to College | Starting Your Career | First Home | Marriage | Starting or Merging a Family
Marriage
Car Insurance
Discounts are available for two or more cars on a policy. When you merge your policies together that will happen automatically. Be sure your company knows you are now married as rates for married people tend to be lower than if single.
Limits of coverage should be updated as well. Your assets have most likely increased so explore higher limits for Bodily Injury, Property Damage, No Fault and Under/Uninsured Motorist coverage.
Other Insurance Considerations
Beneficiary elections are often missed. If you have life insurance or retirement funds in place be sure to amend your beneficiary so your spouse is listed.
Life insurance - if you do not already have it - should be looked into. You and your spouse will make financial decisions based on both of your incomes and if something happens to one person it could have significant financial consequences for the surviving spouse. If money is tight research Term Insurance as a starting point to protect the one you love.
Jewelry- Maybe you did this when you were engaged but if not consider coverage for your rings. A rider can be attached to a Home/Renters/Condo policy that gives broader coverage for these items. Coverage advantages include no deductible, mysterious disappearance coverage and no sublimit for theft. Appraisals may be required or a bill of sale may suffice if you recently purchased your rings.