Shopping for a new car is always exciting. Once you’ve signed the paperwork and received the keys, you’re probably eager to hit the road and enjoy your new ride. But before you get too far, there’s one important step you shouldn’t overlook—updating your auto insurance policy.
Don’t Rely on the Dealership to Handle Your Insurance
Many car buyers assume the dealership will notify their insurance company about the new vehicle. In reality, it’s not the dealer’s responsibility to do so, and failing to notify your agent directly could leave you without proper coverage.
Contact Your Insurance Agent Directly
To ensure you’re protected from the moment you drive off the lot, it’s essential to contact your insurance agent yourself. Your agent will need specific information to add the new vehicle to your policy and remove any vehicles you’ve traded in. If you’re financing or leasing, you may also need to adjust your coverage limits or deductibles to meet lender requirements.
It’s also a good opportunity to confirm who will be driving each vehicle on your policy. These are details your car dealer may not know or communicate accurately.
Take a Moment to Follow Up
Even if the dealership offers to make the call, it’s wise to follow up with your insurance provider to make sure everything is in order. This ensures your contact information is current, your coverage is appropriate, and any eligible discounts are being applied.
Whether you’re adding a new car, removing one, or making other changes to your policy, your insurance agent can guide you through the process and help ensure your coverage keeps up with your needs.