Here at The Slocum Agency, Inc., serving the greater Warwick, RI area, we have customers come to us often asking when they should consider changing their auto insurance policy. It is recommended that you look at your policy every one to two years and see if it still meets your needs. In addition to this, here are three times when you may want to change your policy up.
You Have Purchased a New Car
When you have purchased a new car, you will need to change your auto insurance policy. You need to ensure the new car is listed on the policy and that the policy covers the value of the car. Most insurance companies require you to let them know within two to three days that you have purchased a new car, so be sure to let yours know right away.
Your Life Situation Has Changed
Another reason why you may want to change your auto insurance policy is that your life situation has changed. You may be making more money or you may now have a spouse or child. Changing your policy may help to protect you and your loved ones better.
The Value of Your Car Has Changed
The last reason you may want to change your auto insurance policy is that the value of your car has changed. As your car ages, its value decreases. In some cases, you may drop full coverage if the value is low on your car.
Having the right auto insurance coverage in the greater Warwick, RI area helps to ensure you are fully covered and protected in the event of an accident or unexpected event. Here at The Slocum Agency, Inc., we can help you with all of your auto insurance needs. Give us a call now to get started.