The beautiful wedding day has come and gone. You and your spouse have joined together to start a new journey, which is sure to take you to some wonderful places. But as much as there is to look forward to in the future, accidents and unfortunate situations can occur, which can financially and emotionally strain even the most stable couples. Help safeguard against this potential by making sure you have sufficient insurance coverage in place. Even if you have current policies, they are often subject to change after marriage. The guide below explains how.

How Marriage Changes Your Insurance Policies

Homeowners

If either you or your spouse are homeowners, expect to see some discounts. Some providers may offer lower premiums for married couples since two people sharing their incomes are thought to be more financially stable than one alone.

Health

While most workers with health insurance have to wait until the next open enrollment period to make changes, newlywed couples can update theirs sooner—usually for 60 days after their nuptials. If both of you have coverage, compare the plans to see which provider offers a better deal and add your partner on. Alternatively, some spouses decide to keep their respective policies.

Auto

Younger, married people typically pay less for car insurance compared to their single counterparts since they are viewed as being more responsible. Therefore, take the time to crunch the numbers to see if a dual policy would cost less than what each of you would pay separately.

Life

If you didn’t have life insurance before getting married, now is a good time to consider getting coverage. Should something happen to you or your spouse, a financial safety net can help supplement income and pay for other expenses, such as funeral costs. The younger people are when enrolling, the cheaper the rates will typically be.

Celebrate your marriage by ensuring you and your loved one are financially protected. Since 1962, Barry Insurance in Texarkana, TX, has helped individuals, couples, and families from all walks of life by providing customized and affordable coverage. As an independent agency, the team of professional and friendly agents can shop for the best rates from the nation’s leading carriers. If you’ve recently married or are planning to, call (903) 831-3493 to discuss plans and receive a free, no-obligation quote. Visit the website for information on their full lineup of policy options.