"What College Graduates Need to Know about Insurance"
Congratulations! Graduating college is a significant milestone in your life. One that will bring on many new and exciting life changes involving work, money, living space and possessions.
As you seek out new ventures, one thing you'll need is insurance. And one thing you'll want is good insurance, reasonably priced from a knowledgeable advisor.
There are four types of insurance you'll want to consider after college graduation:
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In college, you were probably on your parent's auto policy. That's because their policy covered resident relatives. However, when you move out and/or get title to a vehicle, you're no longer covered on their auto policy.
Another reality is that your auto insurance needs are different than your parents. For example, they might be financially able to have a large deductible on their policy. But that might not be best for you right now.
Now is the time to call McDonald McGarry Insurance. Because we represent a wide variety of insurance companies, you'll have many options to choose from.
Also, auto insurers offer discounts. You can bet we'll hunt every one of them down for you.
Options and Discounts. McDonald McGarry Insurance will present all of them to you. We'll make sure you get the best auto policy coverage value for the least amount of money.
Picture this. You finally get your own place. You move out of the family home (Not just for the school year. This time it's permanent). You can't believe how much stuff you've accumulated:
Laptop or PC
IPod and other music players
Bedroom set and other furniture
Microwave and other kitchen appliances
Watch / Jewelry
(You might not think they're worth much but they are—especially when you think of how much it would cost to replace them.)
A couple of friends help you move to your new garden apartment. Great!
You're moved in, you've managed to save a couple of bucks and it's two weeks before you start work. So, you take a short trip with some friends to Cancun. You have a blast and return home on a Saturday night.
You're still smiling at the memories of the trip as you walk up the stairs. Maybe you're even chuckling as you put the key in the door and open it.
Then you stop laughing. You stop smiling. You mouth goes ajar and you can't believe your eyes.
Your place has been trashed. Everything you had is gone—your laptop, DVD player, game system. Everything.
That's a bad enough feeling. And it happens. But eventually you realize all of your things are replaceable. Or are they?
Did you have renter's insurance?
Renters Insurance covers your belongings (clothing, books, CDs, furniture - everything) not only in your apartment but in your locked car and anywhere else you take them. It protects your things against fire and other occurrences beyond your control—including vandalism and theft.
If you thought about it at all, you may have thought insurance was the responsibility of the landlord. It's not. The landlord's policy covers the building only. It's a renter's policy that will help pay for the replacement of all your personal items.
It will also pay for an attorney and protect you in case someone gets injured while in your apartment and/or you get sued if damage caused by you impacts neighboring apartments.
McDonald McGarry Insurance will give you peace of mind about your belongings and your liability. We'll help you sort it all out. As with auto insurance, we're big on discounts. We'll make sure you get them.
Let's say before starting your job you decide to take a month and backpack across Europe. You're in Paris when you begin feeling a pain in the lower right side of your abdomen that will not go away with an Alka Seltzer.
The pain gets worse. You finally get medical help. You discover you have appendicitis and need your appendix removed.
Wait a minute.
Do you even have health insurance?
Remember, as a full time student you can usually stay on your parent's health coverage until somewhere between the ages of 22 to 25. So, check on what age you're no longer covered on their policy.
With the new health care bill passed earlier this year 2010, new federal regulation is that children can stay on their parents policy until age 26. The deadline for plans to make that change is Sept this year so we probably want to update this.
However, after you leave school and your home, you're responsible for insuring your health. Being without health insurance makes you vulnerable. Very vulnerable.
Discuss this important life decision with us. We can help you find the best health plan, with the best value for this time in your life. We're experts in the all of the different options in the ever changing world of health care.
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When you make the transition from college to "real-life," everything changes.
Now you're responsible for protecting yourself and your family....
Your choices are difficult and you need an expert on your side. Don't fool yourself and pretend you know insurance. It can be complicated business. Plus, your needs can constantly change as your life changes.
Work with someone who specializes in College Graduates. Contact us at McDonald McGarry Insurance today.
The saddest words this agent ever hears are "I knew I should have done something." All you need to do is one simple thing... contact us.
We're your one stop insurance shop. We'll do all the work for you. Complete the protection analysis form today, or call us now 425-774-3200.