Why You Should Review Your Auto Insurance Policy Every Year

Most people don’t think about auto insurance until they need it. But waiting for a claim to discover gaps or outdated coverage can lead to frustration and unexpected costs.

The Importance of Reviewing Your Auto Insurance Annually

Life changes fast, and your auto insurance should keep up. Taking a few minutes each year to go over your policy can help you stay current and avoid surprises later when you file a claim.

Here’s why it’s worth the effort:

• Your driving habits may have changed—Maybe you’re commuting less, working remotely, or using public transportation more often. These shifts can affect your rates and coverage needs.

• You might qualify for new discounts—Insurance companies frequently update their offerings. If your credit score improved, you added safety features to your car or bundled policies, you could be eligible for lower premiums.

• Your vehicle’s value has changed—Cars depreciate over time. If your vehicle is older, you might be paying for coverage that no longer makes financial sense.

• State laws and insurance regulations evolve—Staying informed about changes in local requirements helps you avoid penalties and stay compliant.

• You’ve added or removed drivers—If a teen started driving or someone moved out, your policy should reflect that. Keeping your list of drivers accurate is key to avoiding claim issues.

• You’ve had life changes—Marriage, divorce, a new job or a move can all impact your insurance needs. Updating your policy keeps it aligned with your current situation.

• You want to compare rates—Shopping around annually gives you a chance to see if another provider offers better value for similar coverage.

Contact Us

For help reviewing your coverage or exploring options, contact T1 Insurance LLP today. Our agents are well-equipped to answer any questions you may have about auto insurance.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.