3 Things Your Car Insurance Agent May Not Tell You

Written by Mike

Can you trust your agent to be straight with you at all times? Although you hope the answer is typically “yes,” in the back of your mind you may have some doubt. For this reason, you always need to be on your toes.

Here Are 3 Things Your Agent May Not Share With You

1. Your policy has been cancelled.You would think that your agent would have the decency to contact you in this situation. However, this is not typically the case. Did you know your agent has no legal obligation to notify you of an impending cancellation? This may sound sneaky (at best) but it is 100 percent true. If your policy is cancelled, you can expect a notice in the mail – not a phone call from your agent.

2. Your premium is increasing. Once again, it would be nice to hear from your agent regarding this detail. This way you can make alternate arrangements and quite possibly adjust your coverage. That being said, don’t expect your agent to jump to attention. Instead, you will likely receive a notice in the mail telling you how much you must now pay for your coverage. No explanation. No nothing. Either pay the new premium or have your coverage cancelled. Although you have the ability to contact your agent after receiving such notice, it would be nice for things to work the other way around.

3. You are paying for too much coverage. There is a good chance that you currently have too much coverage on your vehicle. It is better to have too much coverage than not enough, but it also means that you are spending money that could otherwise be saved. Some agents may be upfront in telling you that you are overbuying. Unfortunately, most will never mention this as it means more money for them.

Stay in Touch with your Agent

At this point, you may be wondering how you are going to combat these potential issues. The best thing you can do is stay in touch with your agent on a regular basis. This does not mean you have to call him or her everyday of the week. Every few months, for example, you could review your policy to make sure everything is in order.

By staying in touch with your agent, you are able to form a solid relationship. Subsequently, this betters your chance of being informed of everything that is going on – even if it is not in your best interest.

There is nothing better than buying car insurance from an agent you can trust. This will allow you to pay for coverage, month after month, knowing that you are getting what you need at a reasonable rate.

This is not to say that your agent is hiding important information from you. It is possible that they just don’t have the time to communicate the finer details with each and every client. As long as you stay on top of things, you will never “have one pulled over your eyes.”

This entry was posted in Auto by Mike.