Congratulations, recent graduate!

You’re about to embark on an exciting new journey as you enter the workforce and start building your own life. One crucial aspect of adulting is getting insurance. We know it’s not the most exciting topic, but protecting yourself and your belongings is necessary.

Here’s everything you need to know about insurance as a recent graduate.

Auto Insurance

If you plan on driving, you need auto insurance. It’s legally required in most states and can protect you financially in case of an accident. Auto insurance policies typically cover liability (damage you cause to someone else’s property or injuries you cause to someone else), collision (damage to your car in an accident), and comprehensive (damage from theft, fire, or other non-collision events).

When shopping for auto insurance, get quotes from multiple companies and compare coverage and rates. You may be eligible for discounts based on age, driving record, and other factors. Additionally, consider bundling your auto insurance with other policies (such as homeowners or renters insurance) for even more savings.

Home (or Renters or Condo) Insurance

Whether renting an apartment or buying a house or condo, you need insurance to protect your living space and belongings. Homeowners insurance covers damage to your home and personal property from theft, fire, or weather.

Renters insurance covers your personal property in case of theft or damage. Finally, condo insurance can cover your personal property and damage to your condo unit.

One important thing to note is that standard homeowners or renter’s insurance policies do not cover flood damage. Therefore, consider purchasing separate flood insurance if you live in an area prone to floods. Your insurance agent can help determine if flood insurance is necessary for your area.

Hiring a Professional vs. Using a Website

When it comes to shopping for insurance, you have a few options. You can go the DIY route and use a website to compare rates and coverage. Or, you can hire a professional insurance agent like Bill Palmer to help guide you through the process.

While using a website may seem convenient, there are some drawbacks. For example, websites may not give you a complete picture of your insurance needs or offer the personalized attention you can get from an agent. By hiring an agent, you can get expert advice on the coverage you need and the best policies for your budget.

Additionally, bundling your insurance policies with one company can save you money in the long run. An agent like Bill Palmer can help you bundle your policies and get the most out of your insurance coverage.

Bill Palmer Insurance Has Your Back

As a recent graduate, insurance may not be the most exciting topic on your mind. But it’s essential to protect yourself and your belongings as you navigate this new chapter in your life. So whether you need auto, home, or renters insurance, consider hiring a professional like Bill Palmer to guide you through the process. With expert advice and personalized attention, you can rest easy knowing you have the coverage you need at a price you can afford.

Read Part Two of this installment here.

Call us today for a free insurance quote!

Special thanks to MD Duran for the featured image.