Don’t Let These Mistakes Drive Up Your Auto Insurance Rates

Don’t make these costly car insurance mistakes.

As a car owner, securing and managing your auto insurance can be a difficult task.  To make matters worse, making mistakes with your coverage can result in higher rates and other costs.  If you do not want your car insurance to cost more than it has to, make sure you avoid these common coverage mistakes.

  • Committing Insurance Fraud During the Application Process

While telling a little white lie or concealing certain pieces of information from your insurer might not seem like a major deal, this actually constitutes insurance fraud.  If you get caught lying, then you may experience an increase in your auto insurance rates.  In some cases, your deception can actually result in an insurer denying you coverage.  If this should happen, then you would be flagged as high-risk, making it extremely difficult to find an insurer willing to cover you at an affordable rate.

  • Canceling Your Previous Coverage Too Early

If you want to switch from one insurer to another, it’s important that you do not cancel your existing policy too early.  This can create a coverage gap that can leave you vulnerable.  For instance, if you canceled your policy a couple of days before you new one started and you got into an accident during this gap, then you would be responsible for all the costs associated with the accident.  So, to ensure that significant costs do not come out of your pocket, make sure that you do not create dangerous coverage gaps.

These are two of the costly car insurance mistakes that you should avoid.  Do you have additional questions regarding your auto insurance?  If so, then contact the professionals at Stromsoe Insurance Agency in Murrieta, California.  Our dedicated team is eager to assist you with all your coverage needs today.