Mistakes That Increase Your Car Insurance Rates

Feb 07, 2019

Auto Ins

Mistakes That Increase Your Car Insurance Rates

Avoid making these errors that could drive your auto insurance rates up. 

If you are a driver and have a car, you need car insurance. You may not know it, but there is a right way and a wrong way to buy car insurance. Some of these common errors can cause Americans to pay more than they need to for their coverage. To help you get the most out of your car insurance, avoid making these costly mistakes. Take a look at these common car insurance mistakes to avoid:
  • Not filing a claim in fear of an increase
Sometimes, drivers don’t file an insurance claim because they assume their annual premiums will increase once the company pays the claim. The danger with this is that there is no guarantee that the driver responsible for the collision will agree with the repair quote or pay in a timely manner – or at all. Drivers that are involved in accidents can always call their insurance company to get advice on whether or not they should file an insurance claim.
  • Settling for the state’s minimum required liability limits
You know you need insurance, so you settle for a limited policy with only the state’s required coverage. Although you may be saving a few dollars now, what happens if you are involved in an accident down the road and need more liability coverage? For example, what if you hit a luxury vehicle like a Tesla? Or get hit by an uninsured driver? You may quickly lose all of those savings you once accrued.
  • Automatically renewing your existing policy
This is an easy mistake to make since many motorists put their auto insurance on an auto-renew program. However, it’s important to regularly review your insurance to ensure it still meets your needs today, rather than last month or last year. What’s more, you could be missing out on savings. Talk to your insurance agent about your coverage and any savings you may be eligible for today. For all of your car insurance needs, contact C.V. Mason Insurance Agency in Bristol, Connecticut. We will work with you to ensure you and your new spouse have the right amount of auto insurance coverage, all at the right price to fit your budget.