There are so many things to think about when you divorce that some smaller details may completely fall under your radar. In some cases, this can be a bad thing that sets you up for a disaster in the future.
Kiplinger explains you should keep insurance matters in mind throughout the divorce.
Your lender will require you to maintain insurance on your home. You cannot let it lapse during the divorce. It is also essential if you change ownership during your divorce of the home that you ensure the insurance policy is in the correct name.
The worst-case scenario is something happens and you need to make a claim, but the insurer denies it because the policy is not in the right name.
Health insurance concerns usually occur when your spouse carried insurance for you. You need to think ahead and get your own coverage. You may be eligible for certain programs that can help you afford the costs if you cannot get it through an employer. You should be able to enroll outside of the open enrollment period due to the divorce if you do have insurance through your employer.
You also need to consider life insurance. You may include this in your divorce settlement. If you do, you may need to get additional coverage after you finalize your case.
Another insurance not to forget about is car insurance. You will need to get your own policy on any vehicles you have titled in your name.
Insurance may be the last thing on your mind as you go through a divorce, but it is something you should stay on top of to avoid issues later.