Major life events or changes with significant financial implications are typically the best signals for you to adjust your insurance coverage. You could be moving out of your parents’ home or transitioning into owning a home after renting for a long time. You could be buying your first car or inheriting a valuable heirloom from a close relative. In these circumstances, you look for policies that will protect your newly acquired property.
If you own a home and you have kids, there are certain times when you ought to bump up your existing coverage. You may have comprehensive Michigan homeowners insurance and an auto insurance policy already, but they may not constantly match your changing needs as a family.