5 Things to Know When You Add a Vehicle to Your Auto Insurance Policy

Buying a new car is exciting, and we want to make sure adding that car to your auto insurance policy is fast, easy and accurate. Here are 5 things to think about when calling to add that car:

What name is the vehicle titled in? Many carriers are particular about who the vehicle is titled in and may not cover the vehicle if it is titled in someone other than the named insured on the policy.

What are your current coverage limits? This is particularly important to think about if you are replacing a current vehicle. You will want to know if you need to increase coverage or keep it that same. A vehicle addition is a great time to review your auto insurance coverage.

What coverage options would you like to include? Beyond liability only and your choice of whether or not to cover your vehicle for comprehensive or collision losses, it is important to think about if you would like to add roadside assistance, auto loan lease coverage or original parts replacement coverage.

Who will be the primary driver and what distance will they be driving daily? It is important to list accurately who the primary driver for the vehicle will be. This effects premium, as does the distance to and from work or school driven daily. If that distance is less than 4 miles, many carriers will offer low mileage discounts. There may also be discounts for children who are away at school without the primary use of a vehicle.

Who is financing the vehicle? You will need to provide the name of the financing agency. It is important that we are able to list this accurately so that the company is aware that you have coverage on the vehicle.

Does any of this have you scratching your head? Call us at (314) 752-2500 with questions. We love talking insurance, and we really love helping our clients.