Mistake 5: Forgetting to Update Your Policy
Life changes — and your insurance needs change too. Many drivers forget to update their policy after moving, changing jobs, or buying a new car.
Failing to update your policy can lead to overpaying or being underinsured when you need coverage most.
Even something as simple as driving fewer miles per year or installing safety features could qualify you for discounts.
Insurance companies calculate rates based on the information they have. Outdated info means you may be paying more than necessary.
Coming up next: a mistake that happens every year, year after year, for countless drivers — and it’s easy to avoid.
