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December 14, 2020
Moving in with your significant other is an important and exciting life change that creates issues many people forget to consider, like how to protect your assets.
Home insurance covers:
This only applies to the person who owns the home and some additional occupants, such as children or parents of the insured. It also applies to the insured’s spouse or common-law partner.
Even though you plan on spending your life together, who owns your home is important when determining how best to insure it and its contents.
Going over your individual insurance policies and figuring out how best to combine them is important for making sure you have all the necessary insurance.
Different insurers have different rules about insuring cohabitating couples. Some may be able to give you what others cannot. It is important to get details and quotes from several insurers so that you can get the coverage that meets your needs.
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Western Coast Insurance Services Ltd. is a wholly-owned division of Western Financial Group Ltd. Insurance products are underwritten by certain licensed insurance companies and are only available throughout British Columbia, Canada.
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