You probably regularly bring your vehicle in for scheduled maintenance, and you might also see a doctor once a year for a basic checkup. Thinking about these annual appointments might cause you to wonder, “Once I buy the policy, will I ever need to change my insurance coverage?”

How often should you review and update my auto insurance coverage? Keep reading to learn the answer to these important questions, as well as what you can review and update with your insurance agent, if you have one, to see if you can save money on your policy.

How often should I review and update my auto insurance coverage?

Just as doctors recommend an annual physical and checkup, you should review and update your auto insurance coverage yearly. To make it easy to remember, you might schedule the review around the time of another important date; for instance, your birthday, an anniversary, or a holiday.

You can contact your auto insurance agent by phone or email if you have one. You can likely do the review over the phone, or if you are in the same town as your agent, you can meet in person.

Why is it important to review and update my insurance coverage?

One reason it is so important to review and update your insurance coverage is that doing so might save you money. For instance, you might now be part of the estimated 57 percent of people who work from home, so your once-long commute is no longer happening.

In addition, it is possible that since you are driving your vehicle far less than over a year ago, you could qualify for a lower auto insurance rate.

What should we discuss during the review of my auto insurance coverage?

During your annual review of your auto insurance coverage, your agent, if you have one, will ensure they have your current address, make, and model of your vehicle.

They will also verify the types and amounts of auto insurance coverage you have and ensure everything is where it should be. Other topics that you will want to go over during the review and update of your auto insurance coverage include:

• Any changes in the number of miles you drive
• If you have taken a driver safety class
• If you have been claim-free for the last year

If you are adding a teenager to your policy, you can ask how to get affordable auto insurance quotes for new drivers. You might also be pleasantly surprised to learn that staying claim-free for the last year or longer might result in a discount on your auto insurance policy.

Other Points to Consider When You Review and Update Your Auto Insurance Coverage

While it is always nice to learn you will save money on your auto insurance rates, you can also use the review to check your overall impression of your company. If your agent is helpful and personable during the review, you will probably end the call with a positive feeling about the company.

On the other hand, if you are not getting adequate answers to your questions, you might want to consider finding auto insurance quotes online from other companies.

Final Thoughts on the Review and Update of Your Auto Insurance Coverage

Staying on top of your health with regular checkups is important, as is maintaining your vehicle with timely tune-ups. As you can see, the same is true for an annual review and update of your auto insurance coverage.

It is important to be sure you have the correct coverage and to help with understanding auto insurance, but the annual review might also help you save some of your hard-earned money.