things your agent needs to know

Are you anticipating big changes in 2016? If so, you probably have a lot on your to-do list in order to get prepared.

One thing you won’t want to forget to do is talk to your insurance agent. That’s because your coverage may very well need updated or changed if any of the following situations ring true for you.

1. You’re getting married (or divorced). Making sure your spouse-to-be is protected by the right life insurance, insuring a new home, putting both names on any auto policies, getting extra coverage for that sparkly engagement ring—there are lots of things worth discussing with your insurance agent before you walk down the aisle. On the flip side, there are things that will need changed if you’re going through a divorce.

2. You’re having a baby. Whether it’s your first or your fifth, a new bundle of joy is a reason to check your life insurance coverage. This holds true whether you’re employed or are a stay-at-home parent.

3. You’re moving. A new house or apartment will need new coverage. An insurance agent can tell you what you need in homeowners insurance or renters insurance.

4. You’re adding on to your house. A new addition often means you need a higher limit on your homeowners insurance.

5. You have a child heading to college. Your insurance agent can tell you what’s covered when your child is away from home. He or she can also tell you about life insurance for student loans if you’re a cosigner on a loan.

6. You’re buying a new car. Like a new house or apartment, a new car means you’ll need a new auto insurance policy.

7. You’re starting a business—even if it’s a home-based business. No matter where your business is located or how big it is, you’ll most likely need extra coverage to ensure everything has the proper protection.

8. You’re about to start a new job. If your new job comes with a new salary, you may need extra life insurance protection. You will also want to talk with your insurance agent about what kind of life insurance is offered through your job—in many instances, it isn’t enough to fully protect your loved ones in the event that the unthinkable happens.

9. You’re switching mortgage or auto lenders. Claims payments can get confusing if your old lender is still listed on your policy.

Even if none of these changes are coming your way in the new year, it’s still a good idea to check in with your insurance agent once a year. He or she can perform an annual coverage review to make sure you have all the coverages you truly need.