Is Your Auto Insurance Keeping Up With Your Life? 7 Signs It’s Time for a Policy Review

Your auto insurance should evolve as your life does. Whether you’ve had a major milestone or a small lifestyle shift, it’s important to ensure your policy is still meeting your needs. GoToInsure, proudly serving Atlantic Canada, highlights seven signs that it’s time to review your auto insurance policy.

1. You’ve Moved

Did you recently change your address? Where you live impacts your auto insurance rates. Urban areas often have higher premiums due to increased traffic and theft risks, while rural areas might offer lower rates. Let GoToInsure update your policy to reflect your new location.

2. Your Driving Habits Have Changed

If you’re now working remotely or have reduced your commute, you may qualify for a lower premium. Conversely, if you’ve started driving more, it’s important to ensure your coverage aligns with your new habits.

3. You Paid Off Your Car

Congratulations on paying off your vehicle! Once your car loan is settled, you might not need certain coverages, like collision or comprehensive, depending on the car’s age and value. GoToInsure can help you determine if scaling back coverage makes sense.

4. You Bought a New Car

New cars often require different insurance coverage, especially if they come with advanced technology. Make sure your policy accounts for the true value and features of your new ride.

5. You’ve Experienced a Life Change

Getting married, adding a teen driver to your policy, or retiring are all major life events that impact your insurance. For example, married couples often qualify for discounts, while adding a young driver might require a policy adjustment.

6. Your Policy Hasn’t Been Reviewed in Over a Year

Even if nothing significant has changed, reviewing your policy annually ensures you’re getting the best rates and taking advantage of new discounts or offerings. GoToInsure’s team is happy to review your policy for opportunities to save.

7. You’re Unsure About Your Current Coverage

If you’re unsure what’s included in your policy or feel you’re paying too much, it’s time for a review. Our knowledgeable team can clarify your coverage and suggest ways to optimize it for your needs.

Your auto insurance should work for you, not the other way around. Let GoToInsure help you stay protected and save money by reviewing your policy today.