For most people, an auto policy is not something you think about unless you need to file a claim. Most policies renew yearly, and they include a declaration that lists all the important facts about your policy. At Wilcoxon Insurance, Inc. in Sioux Falls, SD, we are an independent agency that strives to tailor our policy suggestions to our customers’ needs. We have partnered with a selection of top carriers.
When you receive your auto insurance renewal, review the declaration. It lists the drivers on your policy, the vehicles, the level of liability coverage, other included coverages, and the deductible amount. This is a common time to review your policy. Do you have enough liability coverage? If your assets have increased since you first got the policy, this is covered carefully. Think about the reality of having an accident where you are at fault and the injuries that could result. Is your coverage adequate?
When you make your last auto payment, you may want to review your auto policy. How old is your vehicle? How much value does it have? Is keeping collision and comprehensive coverage the right thing to do?
When you need to remove a car, add a driver, or make any change to your auto policy, it is a good opportunity to take the time to review your policy.
When you notice an increase in your auto insurance premium, you may want to review your auto policy with your agent. Are you taking advantage of all the discounts available to you? Are you getting a multi-policy discount? Do you need to keep additional coverages you may have? Can you get a better deal with a different carrier? An agent like those at Wilcoxon Insurance, Inc. in Sioux Falls, SD can help you find a perfect policy for you.