Graduating From College?
Graduating from college is a significant milestone in a student’s life, and it marks a transition from being a dependent to being an independent individual. Along with the newfound freedom comes a range of responsibilities, including financial ones. One aspect of financial responsibility that often gets overlooked is insurance.
If you no longer live in your parent’s home and now are no longer a full-time student, your belongings are NO LONGER covered by your parent’s Homeowner’s Insurance. It’s time for you to graduate to your own Renter’s Insurance policy to cover your belongings.
I know money can be tight just starting out on your career with a lot of new expenses being shifted to your responsibility, but don’t push aside Renter’s Insurance. This is the time that you need Renter’s Insurance the most. If there was a fire or theft that required you to go out an repurchase your belongings it would be a major financial set back, and you most likely couldn’t afford to replace everything.
That’s why this is the perfect time to shift that potential financial setback to the Insurance Company. You’ll find that this can be a very affordable coverage ranging $10-$20/month depending on the value of your stuff.
And if you already have Auto Insurance in your name or plan on getting your own Auto Insurance policy soon, be sure to purchase Renter’s Insurance with the same company that you have your Auto Insurance with. You will get a multi-policy discount on both your Auto and Renter’s Insurance.
The discount on the Auto Policy will usually cover most, if not all of the cost of the Renter’s Insurance. I know I like getting deals, and I’m sure that you do too! It’s like getting 2 policies for the price of one.
If you would like help with your Renter’s and Auto Insurance, give us a call 585-663-2004.