Planning for new life changes

After renovationA new year can bring many exciting changes into your life that may cause you to take another look at your insurance policies. It is important to know how to handle these changes to help the transitions be as smooth as possible.

If your teen is starting to drive this year, you may be in shock at how much money not only a new car will cost, but also the price of your insurance premiums. There are many discounts that can help save you money when adding your teen to your policy, such as a multicar discount or a good student discount. An independent insurance agency, such as Mike Leonard Insurance Agency, can help you find the best policy by shopping around for you even before your teen gets behind the wheel.

If you plan on buying or leasing a new vehicle in 2014, your insurance premiums will most likely be going up. If you are leasing a car you are required to have more coverage. If you only had liability on your old vehicle, the increase in price can be substantial. Making sure you have the right independent insurance agency can help ensure that you save the most money when it comes to insurance on your new vehicle.

Making upgrades to your home can be an exciting and costly adventure. Make sure you upgrade your insurance while making changes to your home as well as notify your insurance agent of the changes you are making. The upgrades to your home are most likely adding value to your home, which means you need to have more insurance to cover it in case of damage.

Mike Leonard Insurance Agency, located in Carrollton, Texas, can help you through any new changes that you make this year. As an independent insurance agency, they can help you find the best auto insurance policy and homeowner insurance policy to save you money during your life changes.