When To Make Auto Insurance Changes

Auto insurance is one of your most important expenses each month. Not only is auto insurance crucial to protecting your car and other drivers, but it is often necessary to operate your vehicle legally. Auto insurance coverage and needs can change over time, though. At Advantage Service Insurance, serving Erie, CO, we know that you need the best insurance information to make the best insurance choices. Keep reading to learn more about when you should make insurance changes. 

Getting Married

If you are getting married, you and your future spouse should discuss how you will organize your insurance coverages. Will you combine coverages into one policy or maintain separate policies? Most insurance companies offer discounts for married couples, not to mention the simplicity of dealing with just one payment each month. 

Buying a New Vehicle

If you plan to buy a new vehicle, you will want to consider how your insurance coverage will change. Coverage costs and types can change depending on the type of vehicle you purchase. You will want to research insurance changes that will affect your new budget once the car is purchased. If you are financing the new car, most lenders require that the vehicle have coverage before finalizing the sale. 

Adding a New Driver

If you have a teen in your house who is ready to drive, you may be required to add them to your insurance coverage. To find out exactly when is the best time to add them, you should talk with an insurance representative. Some companies also offer discounts for students with good grades. 

If you would like to learn more about auto insurance, please contact our office at Advantage Service Insurance, serving Erie, CO. We will be happy to answer your questions. 

What you need to know about Colorado auto insurance

Most people that live in the Erie, CO area will need to have a car to get around town. If you drive a vehicle in this area, ensuring that you have proper insurance coverage is very important. There are several things that you need to know about Colorado auto insurance when you are shopping for your next policy. Knowing more will help you when choosing the right type and level of coverage. 

Required by Law

One thing that you need to know about Colorado auto insurance is that it is required by law. Everyone in Colorado is required by law to comply with the minimum liability insurance requirements. Drivers need to have this to ensure they can pay for damages that they cause in an accident. If you are caught driving without this form of insurance, you could be penalized.

Minimum Does Not Cover Your Car

While you are only required by law to carry liability insurance, it is important to know that this does not cover your vehicle. If you would like to have your vehicle covered in an accident or if it is stolen or otherwise damaged, you need a full collision and comprehensive insurance policy. Those that would like to be able to repair or replace their vehicle with insurance proceeds should get the full policy. 

Picking an insurance policy in Colorado is an important decision. When you are looking for a new insurance policy, you should call the team at Advantage Service Insurance in Erie, CO. When you call Advantage Service Insurance, you can be assured that your car will be appropriately covered as we will find you a policy that adequately protects all of your insurance needs and risks.