Life Events and Impacts to Car Insurance

As time marches on, car insurance needs change along with the rest of your life. When you are young and first climb behind the wheel, you have less at risk. You probably don't have many assets to protect, and spouses and children remain dreams on the horizon.

But as you get older and have more at stake, you'll need to adjust your car insurance coverage accordingly. Here are some major life events – and tips for navigating the auto insurance changes that come with them.

Leaving the nest: Getting your first insurance policy

The changes come fast and furious once you graduate from school and join the workforce. Here are the basics you need to know to secure your first policy – and beyond:

Having children: Keeping your insurance costs from exploding

Children turn all parts of your life upside down, including your car insurance coverage. If you have a teen driver under your roof, your rates are likely to jump dramatically. Here's what you need to know:

Retirement: Smart insurance moves keep years golden

Auto insurance needs change again once you trade the cubicle – or even the corner office – for the golf links or endless days at the beach. Find out more:

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