The process of choosing a plan might seem daunting, but by paying close attention to these five common errors, you can navigate it more effectively:
- Neglecting to disclose all drivers of the vehicle. Various driver demographics, such as teenagers, can impact auto insurance costs. However, it’s essential to inform your insurer about all individuals who drive your vehicle. Your agent can offer tailored advice on structuring your insurance to optimize both coverage and savings.
- Inaccurately reporting mileage. Providing truthful information about your typical mileage is vital for agents to find the most suitable rate for you. Transparency is key in this aspect.
- Failing to inform your agent about using your vehicle for business purposes. Disclosing all the ways you utilize your vehicle can potentially lead to better rates. Particularly, if you employ your car for business reasons, your insurer can help safeguard both your business interests and your vehicle, potentially suggesting commercial auto insurance for better coverage.
- Not accurately specifying where you park your vehicle. The location where you park your car can influence insurance rates. Parking in lower-risk areas like a home garage rather than on the street or in an open lot can lead to potential savings, which your agent can help you capitalize on.
- Providing inaccurate information about your driving history or previous claims. While you might be hesitant to disclose driving tickets or past auto claims, honesty is paramount. Your agent likely has access to such information anyway, and being forthright about your driving record and insurance history can aid in finding you a more favorable rate.
Ensure you furnish accurate information to your insurance agency when exploring auto insurance options. Your honesty not only assists in finding a plan that aligns with your risk profile but also prevents you from missing out on potential discounts. We would be happy to help you in Kentucky, Virginia and Florida.
