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Insurance

Ok, insurance can be such a daunting thing.  Having spent all your life on either your parent's or school's insurance, figuring it all out can be quite a task.  While the decision will ultimately depend on your specific situation, here are some tips to help you in making a decision on different types of insurance:

  • Check with your family's health insurance provider to see if you are still covered on that policy. As a recent college graduate, you may not be eligible for coverage as a dependent. It might be time to shop for your own policy; you want to be covered in an emergency.
  • Moving into a new apartment? Consider renter's insurance to protect your new diploma and other valuables you worked so hard for. It's relatively cheap protection, even if you don't have a lot of stuff.
  • Landed your first real job? Know the right questions to ask about a company's health insurance plan. No matter how reputable the company, there may be a significant waiting period until you are eligible for coverage.
  • Moving back home or to a new city? It's a good time to re-evaluate your auto insurance policies. A new location can affect your auto insurance costs.
  • When looking for insurance, comparison shop for the best deal. Prices for similar coverage can vary widely from company to company.