For most people, auto insurance is renewed every six months or yearly. When the new policy is due, the company will send you the new information, the rate, and any changes that have been made to your coverage. In Gahanna, OH, our team at Schneider Insurance Agency often contacts our clients at this point to see if all the information on the policy is correct.
When the renewal is issued, the front page is the declaration page. This is a synopsis of your coverage. It lists the types of coverage you have, the deductible, and the pricing for each part. All of these need to be considered. How much liability coverage do you have? If you no longer have a car loan, do you still want to have collision and comprehensive coverage?
Has your policy increased in price? Do you know why? A call to your agent should clear this up. Is the policy offering anything unique in particular? Then, it’s time to start looking at how the price compares to other companies. That is the beauty of having an independent insurance agent. They don’t represent just one company; they work with several or many companies, and they can compare you to ensure you are getting the most for your money.
If you have added a new young driver, your rates will increase. You should review your liability coverage to make sure it is high enough to feel safe and even consider adding an umbrella policy. Roadside service may also provide peace of mind for your young driver.
Give our team of independent insurance agents a call at Schneider Insurance Agency in Gahanna, OH, to discuss how we can ensure that your auto policy is the right fit.
