If you have had your car insurance for over 1 year or more, it is a good idea to re-evaluate your current auto insurance plan for 2018. Because of life changes, income changes, and price changes, 2018 is a great time to examine your current car insurance plan to see if you are getting the most coverage for the best price, and see if it is time to switch plans or providers. Here are some things you should look at when reviewing your car insurance plan.
Things to Consider When Reviewing Auto Insurance Plans
Is Your Current Coverage Enough?
Most people assume that if they are in a car accident, they are covered for medical bills, repairs for their car, repairs for the other person’s car, rental cars, etc. However, these are not all part of a standard car insurance plan. Liability insurance is the minimum coverage by law, but it focuses mainly on the other person, and the other car. If you need coverage to help with your own medical bills if you are injured, or fix or replace your car, you will need to add additional coverage for this. Make sure your current plan has the coverage you think it does.
What Payment Price Works for You?
While having a higher deductible can lower your premium payment, how much are you comfortable with paying out of pocket? It may be time to re-evaluate how much you can afford to pay for auto insurance coverage to ensure you are getting the right amount of coverage.
Could You Be Getting More Discounts?
There may be new discounts available you are not aware of, or another provider will offer you a discount your current plan does not have. It is always a good idea to shop around for discounts to see if you are getting the best deal on auto insurance. Also, if you have a good driving record, are you getting a discount for this from your current provider?
If you need help reviewing your current auto insurance plan, our local insurance experts can help you through the process. We can make sure you are getting the right amount of coverage you need at the best price. Call us today at 877-945-7233 to discuss your options.