Changes in your life or lifestyle could alter your auto insurance coverage. By reviewing your policy annually, you can see if you need to update your coverage to suit your current situation. Updating your auto insurance will ensure you have the protection you need at a price you can afford. Here are a few instances where you should contact your Lebherz Insurance agent in Frederick MD to update your policy.
Your Teen Receives His or Her License
Once your teen has a permanent driver’s license, you should add him or her to your policy. Putting your teen driver on your policy ensures he or she is fully protected as per the coverage you’ve chosen. As a parent, you can have greater confidence in loaning the family car to your teen knowing they have the insurance protection they need.
You Change Locations
Sometimes moving to a new home can help lower your insurance premium. If your new home is close to work or school, you may drive less, reducing your risk of an accident. Putting less mileage on your vehicle annually could also qualify you for a discount on your policy.
Marriage can add one or more extra drivers to your household, which will require an update to your auto insurance policy. If your spouse brings a new vehicle to your home, bundling your vehicles with home insurance could save you a bundle on insurance costs.
Change of Cars
If you upgrade your vehicle, you’ll need to update your policy to adjust coverage for your new car. Your insurance rates may go up or down depending on the coverage you choose and the make, model and year of the vehicle you buy.
At Lebherz Insurance, Frederick MD, we can help you choose an auto insurance package suited to your needs at an affordable price.