In this episode, we will talk about the importance of changing auto insurance after divorce in California.

Let’s get into Auto Insurance and Divorce. Let me pull out the slide here.

Auto Insurance and Divorce. So what we want to talk about is when you go to Divorce in California you’re going to become single.

Now whether you were the person who took care of the bills or the spouse maybe a stay at home mom and didn’t deal with the bills or the finances, this might be all new to you.

So we want to explain to you the different things that you should be looking at different issues as it pertains to Auto Home and Life Insurance.

So we’re going to talk about those all individually.

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In this episode, we will talk about liability of registered owners of vehicles during divorce.

So one of the things that I would always recommend to somebody is once you’ve decide who’s going to take what vehicle is that you’re going to re-register them in your own names.

And that helps take the other person off. That’s one thing to think about.

So on top of just insurance related, if you’re going because that is a part of Divorce of course, it’s dividing up your assets and debts.

And most of the time married couples keep vehicles on both names.

And it gets if that vehicle is going to be confirmed to one of you, so, when you do that what we are saying is to re-register your name alone.

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In this episode, we will talk about if divorce is a good time to revisit auto insurance or not.

When you go through a Divorce, most likely, you haven’t looked at your coverage for a few years.

And the coverage really should match the assets you have.

So if you know you have a million dollars with your assets, you should probably have the million dollars with the liability to protect that.

So as you separate and then your assets makes many change in a certain area. So there were many changes.

So it’s a good time to revisit.

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In this episode, we will talk about if you should change insurance companies after divorce in California.

It depends on how well you know your Insurance Agent or Broker or the Insurance Company that you are with because a lot of times what will happen is, since your house hold together that when it gets split apart, not everything within the insurance companies is always going to be picked up correctly.

So as a result, you still may have some of your personal stuff going to your ex-spouse. I had dealt with this with Divorce couples where they are very adamant.

I don’t want anything about me going to him or anything about me going to her. And so one thing to consider is that if you’re going to that process is maybe taking it to a different carrier or maybe just to a different Broker if you want to stay with the same carrier just to eliminate the chances of that information being found.

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In this episode, we will talk about homeowners insurance issues during divorce in California.

When we say Homeowners Insurance we’re only talking about people who own homes and people who might own condos or who might actually rent an apartment or home or any house.

So it kind of encompasses all that. The big difference is from an insurance standpoint you’ve been paying most likely for one home or one residence where you live.

Well and all like we said, as you split up you’re going to need to pay for two. So again there’s a cost issue here which brings up the idea of ‘it’s time to take a look.’

You might have been in a home before. And now you’re going to rent a location.

What that impacts insurance as well, is companies almost all companies gives discounts when you have your home, car with or your home and rental with them.

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In this episode, we will discuss divorce and life insurance considerations.

Let’s talk life insurance. There’s a lot of moving parts to this.

This is probably going to be the most we’re going to have to talk about here. I mean some of this, there’s going to be an overlap but there are issues of support and potential that to protect people.

So one of the key issues here, one of the things that people probably are thinking about is most likely those people have life insurance policies have named their spouses as the beneficiary.

Meaning that if there’s something happened to them their spouse will be the one to get the proceeds from the life policy.

Obviously, if you’ve gone through a Divorce and as you’re going through the Divorce, you may want to make this change immediately.

You might say, ‘I don’t want that person to be, well I’m going to pull them off my life policy.’

On California at least you’re not able to pull your spouse off as a beneficiary without their signature prior to Divorce.

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In this episode, we will talk about how to use life insurance to protect child support during your divorce in California.

Well, one of the other places where this goes, this is some actually, creating need for additional life insurance where people may have not thought about it before.

Let’s say a husband and wife Divorced.

And as a result the husband has to pay some support to the wife on a monthly basis for X number of years whatever that maybe.

Maybe until the child is 18 or something like that. Well, what happens if something were to happen to that primary wager, the father the male in that scenario?

Well, same what happened in the not many would stop coming. So a lot of times what people would do and they do this to benefit their children too, is to go ahead and take a life policy.

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In this episode, we will talk about how to determine life insurance needs after divorce.

So we had a big picture everything that should be looked at when going through Divorce.

We talked about term insurance for covering the spousal support. We talked term insurance for covering potentially the children’s college education or maybe paying off their student loan debt.

What are other things to discuss?

If I were talking about insurance today and I was going through a Divorce. And I’ve been married for 19 years.

And two kids are still minors, what things would you say, ‘Tim, if you want to make sure that they’re taken care of aside from the college and the spousal support, what are the things to talk about?

It will depend on the situation your spouse is in. But yes, anything like that when there’s a foreseeable expense in the future might be a really good thing to add into the life insurance.

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In this episode, we will talk about divorce paralegal, Realtor talk marketing and business.

As a marketing strategy, we use videos, social media, and radio. It’s an information base there out there for people who are researching for this information.

People want to see you. They don’t want to see an actor. They don’t want to see somebody that’s trying to post themselves through another person trying to be the best of the best.

They want to see transparency.

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In this episode, we will talk about how to make sure your Realtor understands divorce.

I have to say the Divorce scenario is if you’re going to hire somebody to do it, make sure they’ve done it.

Make sure they understand the process. Make sure you get good advice. Make sure they sit you down and get a game plan with you.

Don’t take it for granted that they say, ‘Oh, I’m an expert at doing Divorces for Real Estate and selling out.’

Don’t take their word for it. You got to sit down. They should be able to explain to you how the process works.

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