Reviewing Your Auto Insurance Policy

Reviewing your auto insurance policy with an agent can help ensure that you have the coverage to protect yourself, your passengers and your assets in the event of an accident or unforeseen incidents.

Why to Review Your Auto Insurance Policy

Certain life events such as marriage, divorce, adding a teen driver or purchasing a new vehicle can impact your insurance needs. Reviewing your policy lets you update your coverage to reflect these changes and ensure you’re adequately protected.

Insurance policies typically renew annually, and premiums may change from year to year. Reviewing your policy with your agent before renewal allows you to compare rates, explore discounts and potentially save money on your premiums.

Evaluating your car insurance coverage can also help eliminate coverage gaps or limitations that must be addressed to avoid financial risk. Over time, your insurance needs may evolve, and your existing policy may no longer provide sufficient coverage.

Your agent may be able to provide access to discounts when you review your car insurance coverage, as well. Insurers often offer discounts for various factors such as safe driving habits, bundling policies or installing safety features in your vehicle, potentially lowering your premiums.

Key Elements to Review in Your Auto Insurance Policy

Your agent can help review the following parts of your car insurance policy:

• Coverage limits—Evaluate the coverage limits for liability, uninsured/underinsured motorists and comprehensive/collision coverage to ensure they meet your needs and financial situation.
• Deductibles—Review your deductibles for comprehensive and collision coverage and consider whether adjusting them could save your premiums.
• Additional coverages—Assess whether you have any optional coverages such as rental car reimbursement, roadside assistance or gap insurance that may be beneficial to add or remove based on your needs.
• Exclusions and limitations—Understand any exclusions or limitations in your policy, such as restrictions on coverage for certain drivers or vehicles, to avoid surprises in the event of a claim.
• Discount eligibility—Confirm that you’re receiving all eligible discounts, such as good driver discounts, multipolicy discounts or discounts for safety features installed in your vehicle.

Contact Us

The agents at the Insurance Center of NW FL can help tailor your auto insurance policies and coverage levels to meet your unique needs. Contact us today to review your current coverage and get personalized auto insurance quotes from reputable Florida insurers.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.