Get matching insurance for your Millennial lifestyle.
Millennials are the founders of new movements. They have changed the way we communicate, do business, and now, the way we use technology. But, when it comes to insurance, many millennials are stumped at what to purchase, what policy is best for them, and finding one that fits with their micro-budget.
As a millennial, you probably seek answers online. With insurance, it’s easy to get a quick online quote, but that isn’t often enough to help you make an informed decision when it comes to purchasing the correct amount of insurance coverage. If there’s one area of life where it’s wise to seek advice rather than depending on Google, it’s for insurance.
It’s known that those in your generation hold few and basic insurance policies, but you are often the ones who need the coverage the most. From renting apartments, to driving newer cars, to thinking that you are invincible, you should be properly covered for the unexpected nature of life.
Use these three tips to help to determine what you want out of your insurance policy and how to get there:
- Consider your lifestyle. If you own a home, you already know that you need a homeowner’s insurance policy. If you rent, you should be aware that your landlord’s policy only protects the building, not the personal possessions of the tenant. You would need a renters’ insurance policy to cover your belongings.
- Take stock of what you have. To determine how much insurance you need to buy, you’ll need to add up your value of belongings. To do this, take an inventory of your assets. Record the make, model, value, and how much you paid for all of your electronics, jewelry, and furniture. If you find out that you have $25,000 worth of belongings, but your renter’s insurance policy only provides $10,000 worth of personal property coverage, you’re short $15,000 of coverage.
- Contact your local insurance professional. Work with an independent insurance agent, like us, who understands your needs, offers choices, and tailors a policy, coverage, and rate to you.
Take the hassle out of shopping for your insurance coverage by contacting Young Insurance today, serving Burbank and neighboring cities in California.