How long has it been that you don’t sit down and review your auto insurance policy? It’s recommended that you review your policy at least twice a year. Some changes you make in your life can positively affect your auto insurance premiums and also give you better coverage to any unknown exposures you may have. Below are a few examples.
Moved to a new address
Auto insurance rates depend on the territory where the vehicle is garaged, so if you’ve recently moved there is a chance depending on where you’ve moved that the premium can decrease.
Child goes away to college
There is a rating that can be put on your Auto insurance policy rating the child as “away at school” if they still have a driver’s license but no vehicle at college. If they did take a vehicle to college, you can also rate the car at the new address of the college and it can impact your premium.
Recently purchased a home
Being a homeowner can give you a pretty substantial discount on your auto insurance. If you became a homeowner, let your carrier know so that the discount is added.
CWI Underwriters Insurance writes with eight A+ rated Auto insurance carriers that offer all kinds of discounts to help you save money. If you’ve had any recent changes on your auto insurance policy, give us a call so we can help you review it!