When to Update Your Auto Insurance

Your auto insurance in Altamonte Springs, FL may seem like a list of terms and conditions that should stay the same from month to month. But this assumption can land you in hot water if you’re not careful. Policies need to grow and evolve with the policyholder, so the vehicle owner is always covered. Blanchard Insurance wants you to know when to call your carrier. 

You Upgraded Your Car

Upgrades are normally the biggest reason why people need to update their policy. If you install expensive rims or replace the stereo system, this inherently increases the value of your car. If you don’t let your carrier know, these upgrades may not be covered under your normal policy. Your auto insurance policy has limits in place based on how much the vehicle was worth at the time of purchase. Anything that alters that value will need to be communicated with your carrier. 

Your Lifestyle Changes

Whether you move, get a new job, or decide to start driving for a ride-sharing company, you need to update your policy. For example, if your new job means you’ll be commuting twice as far as you were before, your insurance carrier will want to know about the increased risks of your being on the road. Or if you move to a location with less overall crime in the area, you may be able to get a discount on your insurance policy. 

If you live in Altamonte Springs, FL, you need to be aware of how your policy is affected by the choices you make. The more you stay in communication with your carrier, the less likely it is you’ll have a problem if you do file a claim. If you have questions about how auto policies work in real life, call Blanchard Insurance to get more information today.