Keep these things in mind if your relationship status changes:
Your insurance needs are influenced by who you live with and how close you are to them. The majority of changes in your relationship status will necessitate an update to your insurance policy.
If you don't keep that information up to date, your insurance company may have inaccurate information about who is sharing your home or car, and you may be underinsured or over insured.
Whether you rent or own, whether you live alone or with roommates, you should have an insurance policy to cover your home and possessions, as well as the necessary car insurance. Your guests, your roommates, and their guests can all cause damage to your home or car (and so can you, for that matter).
Nearly every state requires insurance companies to recognize domestic partnerships and provide coverage, but whether you need to register as domestic partners is up to the insurance provider. Each insurance company may have its own requirements for confirming the domestic relationship. If you and your significant other are not living together as roommates, you may need to purchase separate insurance plans.
Once someone becomes married, this means they will usually begin to share assets with their spouse, like a home and car. It is important to know what you need to do to ensure your assets together are protected at all times.
Couples that have just separated or divorced face a difficult time. Understanding the steps involved in changing your insurance coverages will ensure that all of your possessions are adequately secured.
The death of a spouse is one of the most traumatic life events that many of us will ever face. It's a significant change. Knowing you have the protection you need and aren't overpaying for coverage you don't need might help you relax.