5 Essential Tips When Buying Auto Insurance

Chances are buying auto insurance isn’t on your top ten list of fun things to do this weekend. Don’t worry – it’s easy to buy right when you follow these simple steps:

Plan Ahead

Review your current coverage at least 30 days prior to the renewal date. Not only will you have a current copy of your renewal notice, but it allows you plenty of time to make necessary changes to your policy due.

Make a List

Make sure you understand current limits and exclusions in effect on your policy then ask about any changes or modifications that may impact the premium. For example, if you have recently had a change of marital status or employment it could impact your rates.  Inform your agents of all changes to find out if you qualify for better rates.


Ask for discounts! It is possible to reduce premiums by 5 to 25% by combining common discounts, including special rates for organizations and memberships, as well as safe driver and multiple policy discounts.

Shop Right

Different makes, models and safety features can save thousands of dollars over the life of the vehicle. The same applies when it comes to customized features; everything from the stereo to security systems dramatically influences insurance rates.

Prior to making modifications to the vehicle ask your agent for a quote related to additions or modifications to the vehicle.

Eliminate and Don’t Duplicate

Don’t pay for coverage you already own; common examples include rental coverage or supplemental medical coverage.

Take time to coordinate your auto insurance with other policies you may own to get the best coverage possible at the most affordable rates; in many cases you might find auto insurance provides superior coverage at a better rate than credit card provided rental policies or supplemental medical coverage.

4 Essential Rules for a New Year Insurance Checkup

As the New Year approaches, it is only natural to reflect on changes that took place over the past year. It’s also the perfect time to assess your insurance needs and take steps to protect your financial future for the year to come.

Schedule a time to speak with your insurance agent if any of the following apply:

Change in marital status: Everything from auto coverage to beneficiaries on life insurance may need to be updated to reflect a change in marital status. Other policies likely to be impacted include medical, homeowners and ancillary policies. Be sure to notify agents about any name changes as well.

Relocation: It’s easy to forget to change insurance information during the hustle and bustle of moving, but auto insurance and other policies are impacted (for better or worse) by zip codes. Make sure all contact information is up to date for all forms of insurance.

Children: Whether you have just welcomed a new addition to the family or sent the last one off to college, children make a big difference when it comes to insurance. Other commonly encountered situations that impact insurance include new drivers and teens traveling on their own.

Change in employment status: Retirement, starting a new business, unemployment and other lifestyle changes require extensive re-evaluation of insurance needs. Everything from auto mileage discounts to medical coverage is likely to be impacted by employment status.