3 Reasons Now is a Good Time to Shop for Car Insurance
When is the best time to buy car insurance? Unlike purchasing a car, or buying a home—there isn’t a better time of year to shop for auto insurance. Still, it’s smart to check and compare to make sure you’re not missing out on any savings. Because insurance companies adjust their prices regularly, there might be better options for you.
Though you might be happy with the rates you’re getting on auto insurance right now, here are some key reasons why we often suggest our clients shop to see what’s out there:
Car insurance savings can help offset the cost of rising home insurance rates. Due to years of hurricane damages to Florida homes, and the accompanying insurance fraud that followed these natural disasters, Florida is experiencing rapid increases in homeowners insurance rates right now. Aside from having a trusted independent agent on your side to help you get the least expensive plan that’s out there, there aren’t a lot of options right now to save money on home insurance. That’s why many Florida homeowners are looking for ways to save money in other areas. Car insurance is the perfect opportunity for that, and it’s often overlooked.
It’s always good to compare what you have, especially when you’re up for a renewal of your policy. When you get an email or letter in the mail telling you your policy is about to renew, that’s a great reminder to check your options, especially if you notice your auto insurance rates have increased. You usually have around 30-45 days until the policy renews to cancel that policy. If your agent can find you a better rate through a different carrier, it’s simple to switch policies.
If you’ve recently had a birthday, or a big life change, more affordable rates may be available. Take advantage of being a few years older and wiser and more responsible on the road. Many policies will offer lower rates as a driver advances in age. Other life changes like getting married or divorced, or sending your kid off to college are good reminders to shop your auto insurance.
Has your teen’s GPA increased by a substantial amount or did an accident recently go off your record? These are all good reasons to compare car insurance rates.
Some key things to be aware of:
If you find a low-cost plan that seems too good to be true, it probably is! Online quotes can be deceptive, and many people don’t find out until it’s too late that the policy they selected didn’t cover them for as much as they thought. Before you agree to anything, reach out to an independent agent you trust. Running the policy by them could prevent problems down the road. Experienced independent agents will know what to look for, and they’ll review your policy to make sure you’re protected.
Having an independent agent on your side to compare a variety of options is always helpful. At Galezano Insurance, we help our customers shop for car insurance every day. We love saving them money and time searching for the best insurance coverage available, so they can drive on the road with peace of mind, knowing they’re fully covered.
Do you need help shopping for auto insurance?
Talk to a Galezano Insurance agent today! We’re here to help you!