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Purchasing auto insurance is not only mandatory but cushions you financially when accidents happen. While most people have invested in car insurance, only a few bother to update the policy. If you want to get the best out of your car insurance, reviewing it regularly shouldn’t be an option. Not sure when you should update your car insurance? Fuhriman Insurance Agency in Boise, ID is here to guide you.
When you change your personal details
If you have changed personal details, such as your name, it’s essential to inform your insurer. Most couples change names after marriage only to forget that informing their insurer is necessary.
Also, don’t forget to change the name on the license since the name on the insurance policy should match the one on the license.
When selling your current car
Would you like to upgrade your current car? No problem. All you need to do is inform your insurer. The good thing is that most insurance companies allow you to transfer your existing policy to your new one. However, the premium may go up if the value of your new car is high.
Moving to a new address
Where you live is one of the factors that’s considered by most insurers when computing your premium. If you are moving locations, inform your insurer. They will advise whether there will be any changes in your premium.
Change of use
Want to convert your car into a commercial? You just need to update your current car insurance to commercial auto insurance. This way, your claim won’t be rejected when your car is involved in an accident when running business errands.
Learn more about car insurance
Reviewing your car insurance not only makes the processing of claims smooth but also ensures your current needs are covered. Want to update your auto insurance in Boise, ID. Please get in touch with Fuhriman Insurance Agency for guidance.