Did you know that life events can impact your car insurance premiums? Anytime one of these “big five” roll around for you, it’s time to reevaluate and make sure you’re still getting the best prices possible. Compare for better car insurance now!
1. It’s a new year
When the streamers and noisemakers are put away and it’s time to kick your New Year’s Resolutions into high gear, make sure reevaluating your auto insurance is among your goals. January is prime time for insurers to make premium changes, and if you’re not regularly shopping around, you may be one of the millions of consumers who are overpaying for their car insurance. Resolve to explore your options every time the calendar year flips.
2. You Graduated
Congratulations! You’ve graduated from high school, college, or maybe even graduate school. Now that you’re a responsible adult, your insurance premium should go down, right?
Not necessarily. If you were receiving a good student discount, now that you’re no longer matriculating, you may actually see your premium go up. Once you’ve donned the cap and gown, it’s time to alert your insurer and ask about any other available discounts. You should take this time to compare rates from other providers as well to find the best deal for the coverage you need.
3. The Number of Drivers in Your House Changes
Maybe you’re tying the knot with the love of your life. Perhaps your child is headed off to college, or your 16-year-old is the proud owner of a new driver’s license. When the number of insured drivers living under your roof changes, it’s always a good idea to check in with your insurance company. Adding or removing a driver can change your premium, so it’s only logical to shop around when you already know you’re facing price changes.
4. You Bought a New Car
Buying a new car is an excellent time to call your auto insurance agency and see what they can offer. You’d also do well to shop around to see what other companies can do for you and the coverage you desire. Your current policy might be just fine for the old car you just traded in, but if you’ve just purchased a brand new ride, you definitely want to make sure you’re carrying the right amount of coverage for your new vehicle. And remember: The latest safety features and technologies can help bring your premium down, so it’s always wise to shop around.
5. You’re Unhappy with Your Current Insurer
Auto insurance probably isn’t something you think about until you need it. But if you’ve become dissatisfied with the service you’ve received from your current insurer, it’s time to shop around. Whether your premium has increased, or you’re not happy with how a claim or question was handled, you don’t owe anyone any continued loyalty. Explore your options – you may be able to find better service at a better rate.
Many of life’s events can impact your car insurance premiums. When you’re in the middle of celebrating your wedding or graduation, shopping for insurance on several sites can be a drag. A comparison site like The Zebra will take a lot of that pain away, helping you quickly and easily get on the road to the right coverage for the right price.
